Author name: JNI

De Beers said that it would discontinue the production of lab-grown diamonds for jewelry in order to promote the “unique attributes” of natural stones. Stakes are high after sales dropped in 2023, and owner Anglo-American is considering a sale or spin-off. The miner’s Element Six business will consolidate its three chemical vapor deposition (CVD) factories […]

Kalyan Jewellers India Ltd. announced the signing of a definitive deal with Rupesh Jain, Founder of www.candere.com (Enovate Lifestyles Pvt. Ltd), to buy his remaining 15% stake in Candere, a subsidiary of Kalyan Jewellers. Candere will become a wholly owned subsidiary of Kalyan Jewellers as it transitions from e-commerce to Omni channel commerce, with a

The Natural Diamond Council (NDC) introduced its new Real. Rare. Responsible advertising with Global Ambassador and Emmy-nominated actress Lily James. The campaign, which will launch in late summer and include hero films as well as a variety of video and image assets, will take consumers on a discovery trip with Lily James to Canada’s Northwest

As part of their mission, the GJEPC delegation recently traveled to Panama to assess market needs, explore commercial prospects, and network with industry associations and top corporations. The goal is to strengthen India’s position in the gems and jewellery sector of Latin America and the Caribbean (LAC) area, as well as to encourage increased participation

Gem Diamonds discovered a rare 212.49-carat Type II white diamond at the Letšeng mine in Lesotho on May 28, 2024. This spectacular find is the sixth diamond over 100 carats found from the mine this year. Type II diamonds are noted for their high quality and lack of nitrogen impurities. Gem Diamonds has a history

Registration for the 2024 Congress of the World Jewellery Confederation (CIBJO) is currently open. Delegates and other participants can register for the Congress through a dedicated website at www.cibjo.org/congress-2024/. The CIBJO‘s 2023 annual Congress will be held in Shanghai, China’s financial center and the gateway to what is now the world’s largest jewellery industry, from

The India International Bullion Exchange (IIBX) has reached a number of significant milestones in gold transaction volumes, breaking bullion market records. Since its start, IIBX has successfully transacted over 10 tons of gold, a significant milestone for the exchange. On May 29th, IIBX set a record by dealing 500+ kilos of gold in a single

In a decisive action, Anglo American‘s Board has once again rejected BHP Group Ltd.‘s takeover bid, citing the proposal’s inability to fulfill shareholder value expectations. The impasse reached a critical point as the deadline for the “put up or shut up” (PUSU) extension approached, with Anglo American unwilling to give any more leniency. The story

KISNA Diamond & Gold Jewellery, a major name in the Indian jewellery industry, has opened an exclusive shop in Paschim Vihar, New Delhi, as part of its strategic development. This is KISNA‘s sixth luxury showroom in New Delhi, and the 28th in India. This new shop exemplifies KISNA‘s commitment to expanding its reach and making

Gold prices in India rose on May 27 after being constant on May 26 and 25, and falling sharply on May 24 and May 23, matching worldwide rates as investors reduced expectations of a Federal Reserve rate drop. Today’s 22k gold price is Rs 66,650/10 grams, up Rs 250, and 100 grams of 22 carat