International News
Gemfields AuctionResults:Commercial-QualityEmeralds
Gemfields announces the results of an auction comprised of commercial-quality rough emeralds held during the period 11 – 29 April 2025.
Highlights: April 2025 Commercial-Quality Emerald Auction
- Total auction revenues of USD 16.4 million
- 36 lots were offered for sale, of which 32 were sold (89%)
- Average price of USD 6.87 per carat
- The 51 auctions of Kagem gemstones held since July 2009 have generated USD 1,090 million in total revenues
The specific auction mix and the quality of the lots offered at each auction vary in characteristics such as size, colour and clarity on account of variations in mined production and market demand. Therefore, the results of each auction are not always directly comparable.
Adrian Banks, Gemfields’ Managing Director of Product & Sales, commented:”Today’s result marks a notable improvement on the disappointing commercial-quality auction held in September 2024. An increased number of bids and stronger prices across a broad quality-range point to improved sentiment and demand since our experience in Q3 2024.
The overall USD per carat realisation has been positively skewed by the withdrawal of a schedule comprising very low-quality material, weighing 112,000 grams and representing 18.5% of the total weight offering.We extend our appreciation to the Kagem team and to the Government of the Republic of Zambia, Kagem’s 25% shareholder.”
The auction lots were made available for private, in-person viewings by customers in Jaipur. Following the viewings, the auctions took place via an online auction platform specifically adapted for Gemfields and which permitted customers from multiple jurisdictions to participate in a sealed- bid process.
The rough emeralds sold were extracted by Kagem (which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia). The proceeds of this auction will be fully repatriated to Kagem in Zambia with all royalties due to the Government of the Republic of Zambia being paid on the full sales prices achieved at the auction.
International News
London Diamond Bourse Announces Launch Of Its New Coloured Gemstone Course
This Intensive One-Day Professional Development Initiative Provides Jewellery Retailers, Frontline Sales Teams, and Trade Professionals With Actionable Product Insight.
In response to shifting market dynamics and surging consumer demand for coloured gemstones, the London Diamond Bourse (LDB) has announced the strategic expansion of its educational framework with the launch of its new Coloured Gemstone Course.
Designed to complement the LDB’s established Practical Diamond Knowledge Course and Diamond Manufacturing Course, this intensive one-day professional development initiative provides jewellery retailers, frontline sales teams, and trade professionals with actionable product insight. The curriculum is specifically curated to enhance client engagement, streamline customer consultation, and support overall retail performance in an increasingly competitive market.
Key Market & Strategic Insights
- Market Diversification: Driven by a growing consumer preference for bespoke and individualised jewellery, coloured gemstones have emerged as a critical growth driver alongside traditional diamonds.
- Margin & Revenue Potential: Expanding gemstone inventory allows retailers to differentiate their product lines and capture higher-margin opportunities.
- Frontline Capabilities: The course directly addresses the trade’s critical need for heightened expertise in gemstone evaluation, quality factors, and value communication at the point of sale.
“Coloured gemstones are as much an integral part of the London Diamond Bourse as diamonds,” stated Charlotte Rose, President of the London Diamond Bourse. “Education is at the heart of everything we do, so we’re delighted to expand our education programme with the introduction of our new Coloured Gemstone Course—a one-day course that gives professionals an introduction to the fascinating world of gemstones and the practical knowledge and confidence to sell them with expertise.”
Inaugural Session & Promotional Launch
The inaugural session will take place on 3 August 2026 at the LDB headquarters in London’s historic Hatton Garden jewellery quarter.
To mark the strategic launch, the LDB is making four complimentary delegate places available (valued at £300 per seat) via a trade engagement initiative on Instagram. Participants can enter by following the official London Diamond Bourse account, engaging with the designated launch post, and commenting with their preferred gemstone. Winners will be formally announced on 28 July 2026.
MCX Gold, Silver Futures For August Delivery Rise On Renewed Geopolitical Tensions
London Diamond Bourse Announces Launch Of Its New Coloured Gemstone Course
Van Cleef & Arpels Unveils ‘Fascinating Egypt’ High Jewellery Collection Inspired By Ancient Civilisation
Van Cleef & Arpels Unveils ‘Fascinating Egypt’ High Jewellery Collection Inspired By Ancient Civilisation
MCX Gold, Silver Futures For August Delivery Rise On Renewed Geopolitical Tensions
London Diamond Bourse Announces Launch Of Its New Coloured Gemstone Course
-
BrandBuzz50 minutes agoVan Cleef & Arpels Unveils ‘Fascinating Egypt’ High Jewellery Collection Inspired By Ancient Civilisation
-
National News16 minutes agoMCX Gold, Silver Futures For August Delivery Rise On Renewed Geopolitical Tensions
-
International News28 minutes agoLondon Diamond Bourse Announces Launch Of Its New Coloured Gemstone Course
-
New Premises3 hours agoBollywood Star Rakul Preet Singh Unveils Senco Gold & Diamonds’ Flagship Store in Bhubaneswar
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.