De Beers Moving Auctions HQ to Botswana

Gaborone: De Beers is moving its auctions headquarters from Singapore to Botswana in a move designed to streamline its operations and cut costs, according to media reports. The UK-based miner sells around 10 per cent of its rough, by value, via online auctions to almost 1,000 registered buyers. The other 90 per cent is sold to sightholders. In a statement the company said De Beers Group Auctions would pause it operations and sales events in the coming months, while the

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De Beers Moving Auctions HQ to Botswana

Gaborone: De Beers is moving its auctions headquarters from Singapore to Botswana in a move designed to streamline its operations and cut costs, according to media reports. The UK-based miner sells around 10 per cent of its rough, by value, via online auctions to almost 1,000 registered buyers. The other 90 per cent is sold to sightholders. In a statement the company said De Beers Group Auctions would pause it operations and sales events in the coming months, while the

Read More »

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5th ‘CARATS’ Show from 12th July

Surat: Surat Diamond Association is all set to host the highly anticipated 5th edition of CARATS Surat Diamond Expo. The exhibition is organized by Surat Diamond Association (SDA), a non profit organization on a mission to expand the diamond industry in Surat by giving it exposure to the Indian and overseas markets. In an event that promises to sparkle with

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Transition Period for Revised SoW Ends Soon

New York: The World Diamond Council’s (WDC) revised System of Warranties is set to reach its first critical deadline on September 21, 2024, when it becomes obligatory for all rough diamond sales. The global mechanism created by the organization helps companies provide assurance that the goods they are trading are in alignment with the Kimberley Process Certification Scheme (KPCS), by

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India’s Plain Gold Jewellery Exports Grew by 61%

Mumbai: For the FY 2023-24,exports of Plain Gold Jewellery surged by an impressive 61.72% to US$ 6792.24 million as compared to US$ 4199.96 million in FY 2022-23. “Total Gold jewellery (plain & studded jewellery), which experienced a 10.47% decline between April 2023 to September 2023, rebounded strongly in the latter half of the year, achieving a growth of 46.91%.” The UAE emerged as a significant market for plain

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Turkish Role in Development  of Jewellery’s Heritage

Milan: Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), has highlighted the foundational role played by the Turkish people over thousands of years in the development of the jewellery arts and tradition. Visting Istanbul as a guest of the Turkish Jewellery Exporters’ Association and its President, Burak Yakin, he spoke both at the opening of the “Art For Jewellery

Read More »

5th ‘CARATS’ Show from 12th July

Surat: Surat Diamond Association is all set to host the highly anticipated 5th edition of CARATS Surat Diamond Expo. The exhibition is organized by Surat Diamond Association (SDA), a non profit organization on a mission to expand the diamond industry in Surat by giving it exposure to the Indian and overseas markets. In an event that promises to sparkle with

Read More »

Transition Period for Revised SoW Ends Soon

New York: The World Diamond Council’s (WDC) revised System of Warranties is set to reach its first critical deadline on September 21, 2024, when it becomes obligatory for all rough diamond sales. The global mechanism created by the organization helps companies provide assurance that the goods they are trading are in alignment with the Kimberley Process Certification Scheme (KPCS), by

Read More »

India’s Plain Gold Jewellery Exports Grew by 61%

Mumbai: For the FY 2023-24,exports of Plain Gold Jewellery surged by an impressive 61.72% to US$ 6792.24 million as compared to US$ 4199.96 million in FY 2022-23. “Total Gold jewellery (plain & studded jewellery), which experienced a 10.47% decline between April 2023 to September 2023, rebounded strongly in the latter half of the year, achieving a growth of 46.91%.” The UAE emerged as a significant market for plain

Read More »

Turkish Role in Development  of Jewellery’s Heritage

Milan: Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), has highlighted the foundational role played by the Turkish people over thousands of years in the development of the jewellery arts and tradition. Visting Istanbul as a guest of the Turkish Jewellery Exporters’ Association and its President, Burak Yakin, he spoke both at the opening of the “Art For Jewellery

Read More »

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