Diamond Market News 19/34

Feb 23

De Beers’ total revenue for 2023 decreases by 35% ; underlying EBITDA plunges by 95%

De Beers reported a steep drop in revenue and profit for the year 2023, as the global diamond industry faced a severe downturn due to the...

Feb 22

Gem recovers third +100-ct diamond of 2024

Gem Diamonds is enjoying a reversal in its fortunes after recovering it third +100-ct stone of 2024 - a high-quality 113-ct Type IIa...

Feb 22

GIA opens new lab in Dubai

Gemological Institute of America (GIA) opened a new, state-of-the-art diamond grading laboratory, GIA Laboratory DMCC (Dubai Multi...

Feb 21

Mahabir Danwar Jewellers celebrates 54th anniversary with launch of the Padmini Collection

Mahabir Danwar Jewellers (P) Ltd (MDJ), Kolkata was founded by Late Mahabir Prasad Soni in Kolkata in 1970, The brand is celebrating its...

Feb 21

Khimji Jewellers celebrates flagship store anniversary with 50% discount on making charges for gold & diamond jewellery

In celebration of the milestone anniversary of its flagship store, Khimji Jewellers is delighted to unveil a spectacular offer for its...

Feb 21

HKIJS, HKIDGPS shows return in 'two shows, two venues' mode

The 40th Hong Kong International Jewellery Show and 10th Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong...

Feb 20

Namibia's rough diamond production increased by 9 per cent in 2023

Namibia's rough diamond production increased by 9 per cent during 2023 to 2.33m carats.Marine diamonds, which account for the majority of...

Feb 19

Mercedes-Benz unveils limited edition of the G-Class-- “Stronger Than Diamonds”

Mercedes-Benz is unveiled a limited edition release of the iconic G-Class, aptly named the “Stronger Than Diamonds” edition. Limited to...

Feb 19

US may accept `self-certification’ that diamonds imported into India have no Russian links

A meeting was held last week between a US government official and the country’s leading jewellers who import diamonds mined across the...

Feb 17

Senco Gold Q3 consolidated PAT up 5.8% at Rs 109.32 cr

Senco Gold has reported a 5.8 per cent growth in consolidated profit after tax at Rs 109.32 crore for the quarter ended December 31,...

Feb 17

GJ exports in decline 4.97% YoY for Jan ‘24

According to the available provisional statistics pertaining to India’s export & import of Gem & Jewellery (GJ) for the period of January...

Feb 17

Malabar Gold & Diamonds marks one-year anniversary of "Hunger Free World" initiative in Ahmedabad

Malabar Gold & Diamonds, a leading gold retail brand in the country, is celebrating the one-year anniversary of its "Hunger Free World"...

Feb 16

India honoured with ‘Partner Country’ status at Inhorgenta 2025

Gem & Jewellery Promotion Council (GJEPC) and Messe München GmbH, one of the world’s leading trade fair organisers, signed an MoU to...

Feb 16

Actor Regina Cassandra indulges in Valentine's Day sparkle at Kalyan Jewellers

Actor Regina Cassandra was spotted at the Waterfield Road, Bandra showroom of Kalyan Jewellers, where she explored Kalyan Jewellers’...

Feb 16

Malabar Gold & Diamonds is at no.19 in Deloitte's Global Luxury Ranking; Tops the list in India

Malabar Gold & Diamonds, one of the leading jewellery retailers, secures the 19th position in Deloitte’s Global Powers of Luxury Goods...

Feb 16

Fura Gems unveils ‘Celebration Sapphires’ mine-to-market program in India

Saiyami Kher is the face of Fura’s Celebration Sapphires campaign. Fura Gems, a coloured gemstone mining company, recently unveiled its...

Feb 16

France says LGD sellers must use the term “Synthetic”

French authorities have ruled that lab-grown diamond sellers can only use the word synthetic to describe their product. A 2002 decree...

Feb 15

Silvostyle by PNG Opens its first store in Nashik

Silvostyle by PNG, a leading name in stylish silver jewellery, proudly announces the grand opening of its first store in Nashik, located...

Feb 15

India's polished diamonds exports increase month-on-month by 34 per cent

India's exports of polished diamonds increased month-on-month by 34 per cent in January ’24 as manufacturers re-stocked after a two-month...

Feb 14

De Beers launches LGD detector for smallest melee

De Beers announced the launch of its latest lab grown diamond detector, capable of screening 2,500 of the smallest melee in an hour.The...

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