International News
The Jewelry Symposium to spotlight AI, traceability, and sustainable practices
The Jewelry Symposium (TJS), formerly known as the Santa Fe Symposium, the premier international event for jewellery manufacturing technology, will convene at the Detroit Marriott Troy from 17-20 May 2025, with a focus on cutting-edge technologies and sustainability.
This year’s symposium will expand beyond its traditional focus on metallurgy and craftsmanship to address critical industry issues like responsible sourcing, AI integration, and advanced manufacturing processes.
“We had an unprecedented number of proposals and abstracts for 2025, and we are delighted that many of our respected presenters will be focusing on timely and important issues like sustainability and technology,” says Linus Drogs, TJS Chairman of the Board. “We are grateful to the experts who will be sharing the latest information on CAD, AI, and additive manufacturing (3-D printing), as well as the group of professionals focused on sustainability related to a responsible supply chain and the tracing of coloured gemstones.”
The symposium will feature presentations from leading experts worldwide, catering to a diverse audience of bench jewellers, designers, manufacturers, students, retailers, and press. Among the technology-focused sessions, Scott Bradford of Gesswein will explore CAD techniques and software for enhanced jewellery design, while Jenny Luker of the Platinum Guild International (PGI) will unveil a new platinum alloy. Consultant Anne Miller will delve into the potential of generative AI, and Joseph Strauss of HJE Company, Inc. will discuss advancements in sinter-based 3-D printing.
Sustainability and ethical sourcing will also take centre stage, with Eric Branwaurt of Columbia Gem House and consultant Frank Cooper examining the traceability of coloured gemstones.
International News
Consortium Led By Former De Beers CEO Gareth Penny Selected As The Preferred Bidder To Acquire De Beers
Botswana is expected to play a pivotal role in the transaction. The country, together with Namibia, Angola and other shareholders, already owns a 15% stake in De Beers
A consortium headed by former De Beers CEO Gareth Penny has been selected as the preferred bidder to acquire De Beers, according to Botswana’s Minister for State President, Defence and Security, Moeti Mohwasa.
Speaking on the development, Mohwasa said Anglo American conducted a competitive sale process involving three shortlisted bidders before identifying the Global Diamond Consortium as its preferred choice.
Anglo American announced plans to divest De Beers in May 2024 as part of a broader restructuring strategy, driven by prolonged weakness in the diamond market and other business priorities.
The sale process has attracted significant interest from industry leaders and investors. Among those previously linked to the bidding were former De Beers CEO Bruce Cleaver, Australian mining executive Michael O’Keeffe, Indian billionaire Anil Agarwal, and Indian diamond companies KGK Group and Kapu Gems.
Botswana is expected to play a pivotal role in the transaction. The country, together with Namibia, Angola and other shareholders, already owns a 15% stake in De Beers and retains important rights under the shareholder agreement. Mohwasa emphasized that Botswana has the flexibility to either join the preferred bidder as a strategic partner or exercise its pre-emptive rights independently or with another investor.
Industry observers believe the eventual owner will seek to preserve De Beers’ vertically integrated business model, spanning diamond mining, trading and global natural diamond marketing, while positioning the company to benefit from a potential recovery in natural diamond demand and prices.
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