International News
China issues new rules for export management of silver
The Transformation of Design Possibilities
China has issued new rules for the export management of silver, which include a quota system for qualified companies for 2026-2027. This follows a period where quota management for silver exports had been suspended.
The new rules, announced by the Chinese Ministry of Commerce (MOFCOM) on October 30, 2025, aim to “step up the protection of resources and the environment, and enhance the export management” of rare metals including silver, tungsten, and antimony.
Quota System: Export quotas have been reintroduced for silver and certain other rare metals.
Eligibility: The rules specify requirements for domestic manufacturers and traders applying for export qualifications, including criteria related to credit loan quotas and export levels from 2022-2024.
Goal: The measure is intended to ensure only qualified and responsible companies are granted export rights and to strengthen state control over strategic resources.
International News
ALROSA reports 5.7% revenue dip, net profit rises 26.6% driven by sale of Catoca stake
Russian diamond giant ALROSA reported a 5.7% decline in revenue for the first nine months of 2025, totaling RUB 157 billion (USD 419 million), as it continues to navigate subdued sales volumes, lower prices, and the impact of Western sanctions.
While revenue for the first half had plunged 24%, the latest results suggest a modest recovery in recent months. However, gross profit fell 37% year-on-year to RUB 33.9 billion (USD 90 million), reflecting ongoing weakness in rough diamond prices.
In contrast, net profit rose 26.6% to RUB 35.8 billion (USD 95 million), primarily driven by the sale of ALROSA’s 41% stake in Angola’s Catoca diamond mine for RUB 159 billion (USD 424 million).
To mitigate market volatility, ALROSA has halted operations at several low-margin mines and signaled further cost-cutting measures, including potential job reductions. The miner has also been selling rough diamond inventories to Gokhran, Russia’s state repository, as part of its stabilisation efforts.
Additive Manufacturing in Jewellery: How 3D Printing is Shaping the Future
Natural Diamond Council and Dubai Jewellery Group Host a Successful ‘The Diamond Dialogue’ in Dubai
Senco Gold Ltd. clocks record sales of ₹1700+ cr. for October, 56% YoYgrowth
Kushals Fashion and Silver Jewellery shines bright with Sanya Malhotra as its Brand Ambassador in the North and Priyanka Mohan in the South
When your Love Speaks its own Language, Seal it with Platinum Love Bands
Additive Manufacturing in Jewellery: How 3D Printing is Shaping the Future
-
GlamBuzz6 days agoKushals Fashion and Silver Jewellery shines bright with Sanya Malhotra as its Brand Ambassador in the North and Priyanka Mohan in the South
-
BrandBuzz1 day agoWhen your Love Speaks its own Language, Seal it with Platinum Love Bands
-
TechBuzz40 minutes agoAdditive Manufacturing in Jewellery: How 3D Printing is Shaping the Future
-
National News7 hours agoMaharashtra’s legacy brand Waman Hari Pethe Jewellers receives IAGES accreditation
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.