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IIJS Premiere 2023:world’s second largest GJ show

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Nearly 45,000 visitors expected, 1,850+ exhibitors,

The world’s second largest gem & jewellery fair, IIJS Premiere 2023 will be held concurrently at JIO World Convention Centre (JWCC) Bandra Kurla Complex from 3rd to 7th August 2023 (Thursday-Monday); and at Bombay Exhibition Centre, NESCO, Goregaon East from 4th to 8th August 2023 (Friday-Tuesday) in Mumbai.

IIJS Premiere 2023 will witness the GJ industry’s biggest gathering of domestic and international buyers, and serve as the primary platform for Indian jewellery manufacturers to network with retailers, enabling both segments to gain insight into product design and demand trends.

As of 31 July, 42,000 visitors including international visitors (including global buyers) from 80+ countries and 800+ cities of India visiting the 39th edition of IIJS Premiere.

IIJS Premiere 2023 will have 1,850+ exhibitors, 3,250+ stalls spread over 70,000+ sq. mtrs of exhibition area.

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DiamondBuzz

De Beers Sale Nearing Final Stage: Al Cook

Potential Buyers Are Understood To Include A Consortium Comprising African Governments and Private-Sector Investors

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The long-awaited sale of De Beers appears to be entering its final phase, with Chief Executive Officer Al Cook indicating that a transaction could be completed within weeks.

Cook said the divestiture process is “closer than it has ever been” and expressed confidence that a deal would be concluded sooner rather than later.

According to Cook, negotiations have been extensive and the process has now reached a critical stage. Potential buyers are understood to include a consortium comprising African governments and private-sector investors.

Botswana, which currently holds a 15 percent stake in De Beers, has shown interest in increasing its participation, alongside Angola and Namibia. Several commercially focused investment groups are also reportedly evaluating opportunities.

The sale comes as De Beers continues to grapple with challenging market conditions. Weak global demand for natural diamonds has prompted cost-cutting measures, including plans to reduce annual overheads by approximately $100 million. Parent company Anglo American has repeatedly written down the value of the diamond business amid declining sales and rising inventories.

According to Anglo American’s 2025 financial report released in February 2026, De Beers’ enterprise value has fallen to $2.3 billion, a sharp decline from $9.2 billion in 2023.

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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.

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