Author name: JNI

Speaking at the St. Petersburg International Economic Forum (SPIEF) 2024, Alrosa CEO Pavel Marinychev emphasized the BRICS nations’ strong collective might. During a topical session, Marinychev emphasized the substantial economic influence of Brazil, Russia, India, China, and South Africa (BRICS), which account for 35% of global GDP. “BRICS is the institution through which we can […]

Gemfields Group Limited, a British colour gemstone miner, has announced a fresh gold discovery at its 75%-owned Nairoto Gold Project in northern Mozambique. The most recent exploration showed 1.58 million tonnes of gold-bearing rock, with an average gold concentration of 2.02 grams per tonne, totaling 103,000 ounces of gold. The exploration covered less than 0.1

An Indian delegation, including Mr. R. Arulanandan, Director, Department of Commerce; Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Anoop Mehta, President, Bharat Diamond Bourse; and Mr. Sabyasachi Ray, Executive Director, GJEPC, attended the Round Table on “Development of BRICS Cooperation in the Diamond Industry” at the St. Petersburg International Economic Forum in Russia. The ceremony

GIA India has announced its latest offering, the “Jewellery Merchandising for Retailers” course, which promises to alter India’s jewellery retail scene by giving participants with essential insights into the art and science of effective jewellery marketing. The course provides students with key concepts and practical techniques. This training is designed to improve the strategic competencies

The GJEPC SEZ Sub-Committee, in partnership with the Indian Institute of Gems and Jewellery (IIGJ) Udupi, has led a cutting-edge CAD rendering training programme. This program, which ran from the 27th to the 31st of May, brought together designers for an intense 40-hour online training focused at understanding Keyshot software. The training was conducted via

The diamond market was slow in May due to mixed US demand and China’s continued weakness. Anglo American’s plan to split from De Beers created additional uncertainty. Prices for IF to VS diamonds decreased. SI1s were mixed, but SI2s continued to recover. Fancy shapes were slow, with the exception of luxury models. The Las Vegas

The London Diamond Bourse (LDB) has elected David Troostwyk as president, succeeding Alan Cohen, who has stepped down after many mandates. Troostwyk, who was nominated by the LDB at its annual general meeting on May 23, has been the organization’s vice president since 2022, but has spent the last six months as co-president with Cohen,

At the May 30 dinner in the Venetian hotel’s San Polo Ballroom, Lisa Bridge (CEO and president of Ben Bridge Jeweler), London Jewelers, and GIA received Diamonds Do Good 2024 awards. “The Diamonds Do Good Awards recognizes leaders who understand the interconnectedness between building a successful business, having a social purpose, and caring for the

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