Author name: JNI

The Grown Diamond Trade Organization (GDTO) has proudly announced its objective to transform the lab-grown diamond business. GDTO intends to bring together growers, manufacturers, and retailers to provide a single voice for the consumer and unify the fast developing lab-grown diamond portion of the jewelry market. “It is time for lab-grown diamonds to establish their […]

In a statement issued today, Antwerp World Diamond Centre (AWDC) stated that Antwerp does not have to be the sole “rough node” for the new G7 certification system designed to screen out Russian diamonds. According to AWDC interim CEO Karen Rentmeesters, more nodes could be stationed in production countries such as Botswana. This would allow

The Gem & Jewellery Export Promotion Council (GJEPC) is thrilled to announce the successful closure of stall applications for IIJS Prime Assure. An impressive 2200+ companies have applied for over 14,500 stalls. Mr. Vipul Shah, Chairman of GJEPC, expressed his gratitude, saying, “We extend our heartfelt thanks to our members for their steadfast support! The

Gemological Institute of America (GIA) scientists discovered a “never-before-seen” cloud feature in a lab-grown diamond that was submitted for testing. The feature resembled text from an old manuscript. As stated by the writers in Gems & Gemology, the scholarly publication of the Gemological Institute of America, “The dichotomy of a thoroughly modern diamond with a

Exports of jewelry and diamonds from the Surat Special Economic Zone (SurSEZ) decreased by over 50% in 2023–2024 as buyers shifted more and more from natural to lab-grown products. The 120 manufacturing units of SurSEZ had a 48% decrease in foreign sales from Rs 26,513 crore ($318m) in 2022–2023 to Rs 13,747 crore ($165m). Leaders

The Natural Diamond Council (NDC), a leading advocate for the integrity and positive impact of the diamond industry, announced a new partnership with Aurostar. This collaboration unites two industry leaders with a shared vision for a sustainable future. Aurostar is a globally recognised diamond manufacturer and builds on a legacy that started in 1966. It

De Beers published preliminary diamond sales numbers for the fourth sales cycle of 2024, which show a drop. The provisional sales value for this cycle is $380 million, down 15% from $446 million in Cycle 3 of 2024 and 21% from $479 million in Cycle 4 of 2023. De Beers Group CEO Al Cook stated,

The Gem and Jewellery Export Promotion Council (GJEPC) has scheduled a Latin American delegation visit from May 21st to 29th, 2024. The delegation will visit Brazil (São Paulo and Rio de Janeiro), Colombia (Bogotá), and Panama City. The purpose of the visit is to look for markets in the Latin American and Caribbean (LAC) region

Anglo American’s board has rejected BHP Group Limited’s third unsolicited takeover approach and extended the Put Up or Shut Up (PUSU) deadline to May 29, 2024. The proposal, received on May 20, 2024, offered Anglo American stockholders 0.8860 BHP shares as well as shares in Anglo American Platinum Limited and Kumba Iron Ore Limited, with

PNG Jewellers introduced the Polmi Collection, a dedicated collection of Polki/Uncut diamond jewelry. The collection will be accessible in select areas starting May 18th, including Pune, Mumbai, Thane, Aurangabad, and Nagpur. The Polmi Collection incorporates Polki diamonds made with old-world workmanship for exquisite and sophisticated items. From striking necklaces to delicate bracelets, each piece is