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De Beers Highlights Significance of Natural Diamonds in Cultural Program
De Beers will partner with international events Homo Faber and Frieze Masters as part of its autumn program celebrating nature, creativity and craftmanship.…
- The collaboration follows De Beers’ publication, together with Assouli…
- It also comes as the company prepares to mark the 80th anniversary of …
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GIA and Swiss Lab Confirm New Tourmaline Originates from Ethiopia
The Gemological Institute of America (GIA) and the Gübelin Gem Lab in Switzerland have both confirmed Ethiopia as the source of a new copper-bearing tourmaline.…
- Separate investigations the labs conducted, in addition to established…
- Reports of copper-bearing tourmaline from Ethiopia emerged in the gems…
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Van Cleef Diamond Necklace Worth Millions Stolen from Vienna Museum
Thieves smashed a display case and grabbed a Van Cleef & Arpels diamond necklace from the collection of Queen Nazli of Egypt at Vienna’s MAK – Museum of Applied Arts on Thursday.…
- During the heist, two men posing as visitors shattered the glass cabin…
- Authorities are launching an “extensive search operation,” which inclu…
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Chow Sang Sang Revenue Improves Amid Strong Gold Demand
Chow Sang Sang’s revenue rose in the first half, thanks to growth in its main collections and continued demand for gold jewelry.…
- Revenue for the first six months that ended June 30 gained 17% year on…
- 88 billion ($1.
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US Postpones Deadline for ‘Grandfathered’ Russian Diamond Imports
The US government has extended the deadline allowing imports of loose “grandfathered’ Russian diamonds by another year.…
- The original directive set September 1, 2025, as the deadline for impo…
- However, on Wednesday, the Department of the Treasury’s Office of Fore…
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Birks Names Canadian Actress Sophie Nélisse as Brand Ambassador
Birks has named Canadian actress Sophie Nélisse as its newest brand ambassador as it launches a new collection.…
- Nélisse, known for her performance in Yellowjackets and Heated Rivalry…
- The launch of the company’s latest marketing initiative coincides with…
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US Customs Confiscates ‘Smorgasbord’ of Fake Jewelry
US Customs and Border Protection (CBP) confiscated a shipment containing 875 pieces of counterfeit jewelry with a retail price value over $3.…
- 7 million – had the items been genuine.
- The parcel from Hong Kong was bound for a residence in Georgia, when t…
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Alrosa Advances Progress on Diamond-Cutting Cluster in Russia
Alrosa CEO Pavel Marinychev held talks with regional leaders in Smolensk to discuss headway made on a joint diamond-cutting cluster plan.…
- The initiative, which aims to advance Russia’s diamond-cutting industr…
- The aim is to strengthen companies’ access to high-quality rough diamo…
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12ct. Diamond Takes Top Spot at Doyle New York Auction
A 12.46-carat diamond ring led Doyle’s New York sale, where it beat its high estimate to sell for $457,700.…
- The piece, centering a cut-cornered step-cut emerald-cut, D-color, VS2…
- It was among the top lots at the recent Important Jewelry sale, accord…
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Jewel from Queen Elizabeth II’s Lady-in-Waiting Sells at Elmwood’s
Elmwood’s sold a Verdura jewel at its recent auction in London, where it fetched GBP 23,750 ($32,400).…
- The brooch, designed as a unicorn’s head, features around 1.
- 10 carats of diamonds, including a pear-shaped diamond fringe, diamond…
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5ct. Diamond to Sparkle at Bonhams Sydney Auction
A 4.74-carat diamond will lead the upcoming Bonhams sale in Sydney, where it has an upper estimate of AUD 180,000 ($129,030).…
- The unmounted round brilliant-cut, D-color, internally flawless stone …
- Bonhams is offering more than 130 lots, including jewels from famous m…
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Qatar Diamond Exchange Partners with Three Asian Bourses
The Qatar Diamond Exchange (QDE) has signed a memorandum of understanding (MoU) with the diamond bourses in Singapore, Shanghai and Tokyo to create trade and collaboration opportunities among the regions.…
- The parties signed the agreement at the 41st World Diamond Congress in…
- The MoUs were formalized by the director of the QDE, Ghanim Nasser Al …
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Swiss Watch Exports Continue Positive Trend
Swiss watch exports continued to grow in July, as the US market recorded strong demand.Shipments of timepieces rose 10% year on year to CHF 2.…
- 63 billion ($3.
- 29 billion) for the month, the Federation of the Swiss Watch Industry …
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Yoram Dvash to Head Up Okavango Diamond Company Board
Okavango Diamond Company (ODC) has appointed former World Federation of Diamond Bourses (WFDB) president Yoram Dvash as chairman of its board of directors.…
- Dvash, who was at the helm of the WFDB from 2020 until he stepped down…
- He joined ODC along with several other newly appointed board members, …
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MJSA Awards $10K in Scholarships to Aspiring Jewelry Designers
Manufacturing Jewelers & Suppliers of America (MJSA) has granted $10,000 in scholarships to five aspiring jewelry designers to support their education and training.…
- The MJSA Education Foundation will endow the Future of Jewelry Making …
- This year’s winners are Lianna Carter, Lauren Edwards, Thomas Koslowsk…
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22ct. Fancy-Yellow Diamond to Lead Heritage Auction
A Pragnell ring bearing a 22.09-carat diamond will be among the top lots at an upcoming Heritage auction, where it could fetch up to $250,000.…
- The piece features a cushion-shaped, fancy-yellow diamond with 1.
- 33 carats of French- and carré-cut diamonds on the band.
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Jewelers Mutual Names New CEO
Jewelers Mutual has appointed Mike Alexander as its new CEO to succeed Scott Murphy, who is retiring.…
- Alexander joined the group in 2015, and has contributed significantly …
- His knowledge of the company’s strategy, operations and competitive po…
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GSI Releases Gemstone Reports with Color Classification in India
Gemological Science International (GSI) has issued its first pigeon blood report in India, in a move to introduce recognized color trade names for gemstones at its Jaipur and Mumbai labs.…
- Rubies will be noted as pigeon blood, and sapphires as royal blue and …
- The report is only for untreated gems; all enhanced stones are exclude…
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Plumb Club Elects Steven Lerche as Board President
The Plumb Club elected Steven Lerche of Goldstar as president of its board of directors at its general membership meeting, making him the youngest to hold this role.…
- Meanwhile, the group tapped Ray Mastoloni of Mastoloni Pearls as vice …
- Debbie Azar of Gemological Science International (GSI) will serve as t…
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Former GJEPC Chairman Vasant Mehta Dies at 81
Vasant Mehta, former chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has died at age 81.…
- Mehta held two terms as vice chairman at GJEPC, from 1991 to 1992 and …
- He was on the council’s committees for more than two decades, includin…
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US Jewelry Business Closures Continue to Ease
The US jewelry industry’s downsizing rate continued to slow down during the second quarter, according to the latest data from the Jewelers Board of Trade (JBT).…
- In the three months that ended June 30, 80 companies exited the sector…
- In total, there were 21,892 companies active in the US industry at the…
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Asian Star’s Sales Dip Amid Drop in Small-Diamond Demand
Indian diamond manufacturer Asian Star saw its sales slip in the first fiscal quarter, as weak demand for small diamonds persisted.…
- Revenue on a consolidated basis – which includes subsidiaries in the U…
- 47 billion ($67.
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India Passes 15-Year Tax Exemption Law for Overseas Rough Sellers
The Indian government has passed a bill granting a 15-year tax holiday for foreign companies selling rough diamonds in special notified zones (SNZs).…
- The exemption, which is due to take effect on October 1 and run throug…
- It would also apply to operators of tenders and auctions, as well as s…
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GIA Detects Penetration Twinning in Natural Diamond
The Gemological Institute of America (GIA) recently analyzed a vivid-orangey-yellow natural diamond that displayed penetration growth twinning.…
- 37-carat rough was on loan from the GIA Museum.
- The diamond showed the symmetrical formation of two crystals of the sa…
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US Retail Sales Slip in July
US retail sales fell in July for the first time since April, when the US Census Bureau resumed reporting data after last year’s two-month government shutdown.…
- Revenue dropped 0.
- 6% – adjusted for seasonal variation – from the previous month to $763.
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Former TSL Procurer Accused of Stealing Diamonds from Suppliers
A former procurement manager at Hong Kong jeweler Tse Sui Luen (TSL) has pleaded guilty to stealing diamonds obtained from suppliers for his own personal gain.…
- The employee, who joined TSL in 1988, stole and resold diamonds he tol…
- The retailer has an internal control policy that requires each supplie…
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