Author name: JNI

Burgundy Diamond Mines achieved tremendous financial growth and operational achievements in the first quarter of 2024, solidifying its position in the global diamond market and highlighting the potential of its Ekati diamond mine. Burgundy‘s Q1 2024 EBITDA totaled $26 million, a 49% improvement over the previous year. The company also announced a record revenue of […]

Dale Vince, the creator of British lab-grown company Skydiamond, says he intends to appeal after advertising watchdogs requested he use terms like “synthetic,” “laboratory-grown,” or “laboratory-created” to describe his product. He claims to manufacture “the world’s first and only diamond made entirely from the sky” – using the sun, wind, rain, and atmospheric carbon –

The Kuwait International Fair Company is preparing to organize the ’21st International Gold and Jewelry Exhibition’ from May 22 to May 27 at the International Fairgrounds in Mishref, sponsored by ‘Aisha’ Jewelry and ‘Emaar’ Jewelry. Basma Al-Dahim, Executive Director of the Marketing and Sales Sector at the Kuwait International Fair Company, said that Hall 4,

The Gems & Jewellery Banking Summit began today at the Jio World Convention Centre in Mumbai. Sachin Jain, CEO of WGC, Saiyam Mehra, Chairman of GJC, Rajesh Rokde, Vice Chairman of GJC, Ravi Prakash Agarwal, Director of GJC and Convenor of the Gems & Jewellery Banking Summit, Sunny Dholakia, Co Convenor of the Gems &

The exquisite jewellery for Sanjay Leela Bhansali‘s monumental web series Heeramandi was designed by Shri Paramani Jewels. Inspired by their skill, Sanjay Leela Bhansali worked with them to make exquisite jewelry items set with priceless Basra pearls. Shri Paramani Jewels creator Vinay Gupta talks about returning to his origins to create jewels that honor the

The UN-mandated Kimberley Process (KP) Intersessional and historic special plenary concluded in Dubai, UAE, on 17th May with progress made in key areas that will have bearings on global trade in natural diamonds. Hosted in Uptown Tower, Uptown Dubai, the headquarters of DMCC, the KP intersessional and special plenary gathered hundreds of diamond industry representatives, civil

The World Jewellery Confederation (CIBJO) will host its 2024 annual Congress in Shanghai, China, from November 2nd to 4th. Pre-Congress sessions will be place on October 31st and November 1st. The Shangri-La Qiantan Convention Centre, located in Pudong, Shanghai’s New Bund International Business District, will host the 2024 Congress. The event is being hosted by

GJEPC conducted a webinar on “How to Manage Your Logistics in the Middle East Market” on May 15th, with the goal of providing exporters with useful insights into the UAE’s rising role as a global leader in secure logistics, particularly for valuables such as diamonds, gold, and luxury products. In a session moderated by Ashish

The Indian Bullion and Jewellers Association (IBJA) has proposed establishing a jewellery export facilitation hub at GIFT IFSC in Gandhinagar. A official proposal has been made to the GIFT City administration, and the investment for the proposed hub, the GIFT Trade hub, is anticipated to be Rs 500 crore, according to persons familiar with the

Following a recent asset portfolio review, Australian diamond miner Lucapa Diamond Company Ltd. is examining all alternatives for divesting its 70% ownership in Lesotho’s Mothae diamond mine. The board is exploring all options for the disposal, and the company is preparing a data room for interested parties. Mothae is an open cast mine in the