DiamondBuzz
Hong Kong International Jewellery Show 2025 opens
Showcasing global innovative designs; exhibition zone highlights global creative craftsmanship
– The Hong Kong International Jewellery Show launched today (4 March) and runs until 8 March, showcasing a wide range of designs incorporating creative and cultural elements. – The debut “Young Jewellery Designer Arena” showcases the creativity and craftsmanship of up-and-coming talents.
– The results of two major jewellery design competitions are revealed today. The International Jewellery Design Excellence Award features 80 worldwide award-winning pieces competing for the “Champion of the Champions”. The design that clinched both the Best of Show Award in the Open Group and the Craftsmanship & Technology Award in the Hong Kong Jewellery Design Competition was a beautifully crafted ring inspired by Monet’s “Water Lilies”
The 41st Hong Kong International Jewellery Show, organised by the Hong Kong Trade Development Council (HKTDC), opens today at the Hong Kong Convention and Exhibition Centre (HKCEC) and runs for five consecutive days, closing on 8 March. It runs concurrently with the 11th Hong Kong International Diamond, Gem & Pearl Show which opened on Sunday (2 March) at AsiaWorld-Expo and finishes on 6 March. This year’s twin jewellery shows have attracted some 4,000 exhibitors from more than 40 countries and regions, showcasing a spectrum of jewellery raw materials, finished products and technological tools, helping to create an international one-stop jewellery trading platform.
Leading the trend with innovative and fashionable designs
The jewellery industry is increasingly focusing on fashionable styles, with innovative designs becoming key to helping products stand out in the market. For many years, the Hong Kong International Jewellery Show has provided an excellent platform for exhibitors to showcase their boundless creativity and exquisite craftsmanship. This year, Hong Kong exhibitor OSI Vitoria Jewelry (Booth: CEC GH-E08) introduces a floral necklace featuring a 62-carat emerald surrounded by more than 3,400 spinels, sapphires and diamonds, depicting the dazzling moment of fireworks lighting up the sky. Japanese exhibitor Jewelry of Raden & Urushi (Booth: CEC 1CON-016) presents a dragon-shaped brooch and pendant made of 18K gold, Akoya pearls, diamonds and mother-of-pearl, with intricate craftsmanship that imbues the design with life. Australian exhibitor Autore Pearls Pty Ltd (Booth: CEC GH-C32) showcases a vivid snake-shaped necklace that echoes the Year of the Snake, adorned with pearls, diamonds and gemstones. In the newly added Gold Jewellery Zone, Malaysian exhibitor Chl Innovation Industries Sdn Bhd (Booth: CEC 3E-D15) exhibits a durian pendant with distinctive local charm.
Many exhibitors keep their fingers on the pulse of jewellery trends and launch creative products incorporated with traditional cultural elements. Hong Kong exhibitor Zuri Jewelry Company Limited (Booth: CEC 1E-C18) capitalised on Hong Kong’s “panda economy” to introduce its “Panda and Bamboo” jewellery collection. Changzhou Yi’an Jewelry Co., Ltd (Booth: CEC 1CON-029) from Mainland China harnesses filigree inlay technique, an almost-lost craft that is part of China’s intangible cultural heritage, to create 18K gold wheatears – a piece that won the Best Design Award in the 2019 Tiangong Awards.
A new addition to this year’s show is the Young Jewellery Designer Arena, showcasing the creations and craftsmanship of up-and-coming talents to global buyers. The event also features 18 national, regional and industry pavilions, including the UK Pavilion led by British Jewellery & Giftware International with sophisticated jewellery pieces from eight British designers.
Two major jewellery design competitions discover and nurture new talents
The HKTDC has always put great emphasis on discovering and nurturing emerging talents to further elevate the standard of jewellery design. This year, it has once again joined hands with The Jewellers’ & Goldsmiths’ Association of Hong Kong Limited, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers’ Association and the Diamond Federation of Hong Kong, China Ltd to organise the 7th International Jewellery Design Excellence (IJDE) Award and the 26th Hong Kong Jewellery Design Competition (HKJDC) to identify new talents. The award ceremonies for the two competitions were held this morning and the winning entries will be on display at the Hall 1D and 1E Concourse throughout the International Jewellery Show.
Held for the first time since the pandemic, the 2025 IJDE Award received an enthusiastic response with 80 award-winning entries from nine countries and regions competing for the highest honour – the “Champion of the Champions”. The entries were assessed by an esteemed panel of judges with Lawrence Ma, Chairman of the HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show Fair Organising Committee, serving as chief judge and other members including representatives from L’ECOLE, School of Jewelry and the De Beers Group, among others. (See Table 1 for the list of selected winning entries from the 7th IJDE Award.)
The theme for this year’s HKJDC was “Lasting Brilliance“, encouraging participants to showcase the enduring allure of jewellery through their creations. The competition was divided into an Open Group and Student Group and received a total of 86 entries. The judging panel, made up of six professionals from diverse fields such as jewellery and design, selected the winning entries after careful consideration. (See Table 2 for the list of selected winning entries from the 26th HKJDC.)
Series of events enhance industry networking A jewellery networking reception is being held tonight to boost connections among participants, welcoming jewellery industry representatives and both local and international buyers. Salina Yan, Permanent Secretary for Financial Services and the Treasury (Financial Services) of the Hong Kong SAR Government, will be the Guest of Honour. In addition, three jewellery parades will be held during the show, echoing its “Symphony of Sparkles” theme with displays of exquisite jewellery pieces. Over the course of the twin jewellery shows, more than 30 industry seminars, parades and other activities are being organised to further facilitate industry exchange.
DiamondBuzz
PM Modi arrives in Namibia; India seeks direct access to diamond reserves
Prime Minister Narendra Modi is visiting Namibia as part of his five-country outreach tour. Namibia, rich in minerals such as uranium and diamonds, holds strategic importance for India
Prime Minister Narendra Modi is visiting Namibia as part of his five-country outreach tour. Namibia, rich in minerals such as uranium and diamonds, holds strategic importance for India.
Modi is visiting Namibia at the invitation of President Nandi-Ndaitwah, the Ministry of External Affairs (MEA) said in a press release in New Delhi ahead of Modi’s five-nation tour to Ghana, Trinidad & Tobago, Argentina, Brazil and Namibia.During his visit, the prime minister will hold bilateral talks with President Nandi-Ndaitwah.
Namibia has the world’s richest known marine diamond deposits, estimated at over 80 million carats. Currently, Namibia’s rough diamonds reach India indirectly through hubs like London and Antwerp. During this visit, PM Modi is expected to explore ways to establish more direct diamond trade links between the two countries.
India has invested more than $ 800 million (about ₹ 6,600 crores) in Namibia in many sectors including mining, manufacturing, diamond processing and services.Apart from diamonds, cobalt, lithium and rare earth elements and minerals are found in Namibia, which are important for India to move towards clean energy.
Bilateral trade has shown strong growth. In 2022-23, trade stood at $278 million, with India’s exports at $240 million. From April to November 2023, two-way trade surged by 178%, reaching $654 million. India’s exports totaled $418 million, while imports from Namibia were $235 million.
DiamondBuzz
Fancy Colour Diamond prices soar 205% since 2005 amid growing luxury demand, Says NDC
Prices for fancy colour diamonds have surged by an impressive 205% since 2005, according to a new report by the Natural Diamond Council (NDC), in collaboration with Choron Group and the Fancy Color Research Foundation (FCRF).
These exceptionally rare gems—known for their vivid hues of pink, blue, yellow, green, and red—now rank among the most sought-after and resilient assets in the natural diamond market.
Representing just 0.01% of all natural diamonds mined, fancy colour diamonds have captured growing interest from collectors, luxury jewellery houses, and investors. Data from the FCRF shows that pink diamonds have skyrocketed in value by nearly 394% over the past two decades, while blue diamonds have risen by over 240%, and yellow diamonds by almost 50%. Overall, fancy colour diamonds have posted a compound annual growth rate (CAGR) of 5.7%.
Once considered a niche category, these vibrant stones now feature prominently in high-profile auctions and luxury jewellery collections. Recent standout sales include the 10.03-carat Mediterranean Blue diamond, which fetched $21.4 million at Sotheby’s Geneva—more than $2.1 million per carat—and the historic 10.38-carat Marie-Thérèse Pink, sold at Christie’s New York for nearly $14 million.
Auction houses are increasingly showcasing a broader selection of fancy colour diamonds, driven by both aesthetic allure and their perceived long-term investment value, especially in today’s uncertain economic climate.
Supply remains extremely limited, with fancy colour diamonds mined in only a few regions globally—such as Canada, Botswana, South Africa, Sierra Leone, and the now-closed Argyle mine in Australia—adding to their exclusivity.
As luxury consumers place greater emphasis on rarity, provenance, and artistry, fancy colour diamonds are expected to maintain their prominence. With upcoming events like Paris Haute Couture Week, these extraordinary gems are poised to continue leading trends in high jewellery, elite auctions, and alternative investments.
DiamondBuzz
ALROSA’s Severalmaz ramps up output as Karpinsky-2 diamond pipe enters development
Russian diamond giant ALROSA has begun full-scale development of the Karpinsky-2 kimberlite pipe at the M.V. Lomonosov diamond field in the Arkhangelsk region, marking a major step forward for its local subsidiary, Severalmaz. Karpinsky-2 becomes the third active pipe at the site, alongside the existing Arkhangelsk and Karpinsky-1 operations.
Karpinsky-2 holds more than 40 million tonnes of diamond-bearing ore and was first evaluated in 2018 through pilot mining operations, which confirmed its commercial viability. Preparatory work for full development began earlier this year, and the project officially moved into the design phase during a recent visit by ALROSA CEO Pavel Marinychev.
Marinychev, who personally launched the design stage, also assessed Severalmaz’s performance for 2025 during his visit. In the first five months of the year, the company surpassed its ore extraction targets and improved operational efficiency, resulting in a 9.4% increase in ore processing. These gains translated into the production of more than 1.2 million carats of rough diamonds.
The CEO also reviewed progress on a new water recycling system at the Lomonosov processing plant and emphasized the importance of completing a gym facility for workers at the shift village by year-end, highlighting the company’s focus on both sustainability and employee well-being.
“I am sure that the work of the Severalmaz team will drive the enterprise’s continued growth. We remain committed to providing safe working conditions and contributing to the development of the Arkhangelsk region,” Marinychev stated.
ALROSA, which produces about 30% of the world’s diamonds and 90% of Russia’s output, reported production of 33 million carats in 2024. The company’s proven reserves exceed 1 billion carats, solidifying its position as the global leader in diamond mining.
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