We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
Namibia Discovers New Diamond Deposits
Windhoek: Discoveries of diamonds on land along Namibia’s coastline in the southern Atlantic may extend ground-based mining operations by another 50 years, said the country’s Finance Minister, Calle Schlettwein, according to a report published in Bloomberg. Namibia is the world’s largest producer of marine gems. Namdeb Diamond Corp., jointly owned by the Namibian government and De Beers, came across diamond
Zim Diamond Production Plummets 76%
Harare: In a further blow to the Zimbabwean diamond industry, the latest figures show that the country’s diamond production declined by 76 percent since the government’s acquisition of the Marange fields, according to a report in the Daily News. Zimbabwe’s central bank released information that showed diamond output declined to 152,475 carats in the first quarter of the year, compared
Foreign Buyers Invited to Blue & White Fair
Ramat Gan: The Israel Diamond Exchange (IDE) is extending a special invitation to buyers from abroad to participate in the local Blue & White Diamond Fair taking place on August 2, 2016 on the bourse trading floor. The Blue & White Fair, which was originally established as an internal event on a monthly basis, provides a marketplace for Israeli diamond
Million Dollar Argyle Coin Sold within 48 Hours
Perth: Rio Tinto announced the sale of The Perth Mint’s Kimberley Treasure, the world’s first coin to feature a rare red diamond from its Argyle Diamond Mine in the east Kimberley region of Western Australia. The Kimberley Treasure, a million dollar coin crafted from one kilogram of 99.99% fine gold and featuring a radiant cut 0.54 carat Argyle red diamond,
ORIGIN De Beers Group Launches to Consumers in Stores Across North America
Mumbai: ORIGIN De Beers Group, the new branded polished diamond offering from De Beers Group, is now available to consumers in retail stores across North America. This marks the first time the ORIGIN De Beers Group polished diamonds are available in store, bringing the power of provenance and storytelling directly to consumers through immersive retail and digital experiences. Unveiled at JCK earlier
Purvi Shah Appointed As New ED of RJC
Mumbai: The Responsible Jewellery Council (RJC) has appointed Purvi Shah, currently head of ethical and sustainable value chains at De Beers, as its next executive director, effective Feb. 7, 2026. She will succeed John Hall, who has served as interim executive director since Melanie Grant’s departure in January. Shah has been with De Beers for 17 years and has served
New Digital Innovation Reinforces Antwerp’s Global Leadership
Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money
GJSCI Signs MoU with APSSDC
Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh State Skill Development Corporation (APSSDC) to implement skill training programmes. The collaboration will encompass Short-Term Training programs, upskilling modules, and Recognition of Prior Learning assessments, designed to enhance talent development in the gems and jewellery sector. Through these structured
