Author name: JNI

According to the most recent data given by the Kimberley Process Certification Scheme (KPCS), the worldwide diamond market saw major changes in value and volume in 2023. In 2023, overall diamond production declined by 7.6% to 111.52 million carats. Global diamond output by value fell 20% to $12.72 billion from $15.97 billion in 2022, with […]

The GJEPC Regional Office in Delhi recently held an Awareness Programme centered on the Appendix 4 ‘O’ Certificate, its provisions, and prerequisites. The event was held at the Conference Hall in Jhandewalan, Delhi, with around 25 attendees both in person and virtually. Attendees included exporters and their representatives from abroad exhibitions. Mr. Ashok Seth, Regional

Hari Krishna Exports Pvt. Ltd. (HK) celebrated 32 years of organizing blood donation camps by arranging another camp in both Surat and Mumbai. The company gathered a total of 910 units of blood through the program, with roughly 19,236 bottles donated so far. On July 2nd, the event was held at the Bharat Diamond Bourse

Richemont, a Swiss luxury corporation, has announced significant leadership changes across its luxury brand portfolio. Catherine Rénier will take over as CEO of Van Cleef & Arpels on September 1, 2024, after Nicolas Bos, who was just appointed CEO of Richemont. Rénier, who has over 20 years of experience in jewellery and luxury timepieces at

The World Gold Council’s (WGC) Mid-Year Outlook Report for 2024 reveals a thriving and resilient gold market in the face of global economic uncertainty. The precious metal has seen significant price increases in the first half of the year, aided by high inflation and ongoing geopolitical concerns. These variables, combined with central bank policies, are

Mathuram, a seasoned professional with a background in Chemical and Environmental Engineering, brings more than 25 years of experience in sustainability, business growth, circular economy, climate finance, and environmental engineering to his new position. Previously, as Executive Vice President of SCS Global Services, he was instrumental in designing and implementing the Certified Sustainability Rated Diamonds

The transaction, which Alrosa and Polyus disclosed on Monday, represents the world’s largest diamond producer’s daring entry into the gold mining sector. Almazy Anabara, an Alrosa subsidiary, has bought the Degdekan gold mining deposit in the Magadan region, according to Russia’s Interfax news agency. The $276 million transaction demonstrates Alrosa‘s commitment to improving its financial

The GJEPC‘s significant contributions were recognized at a Revenue Department event on June 29th, which marked the successful review of India’s Financial Action Task Force (FATF) preparedness, awareness, and implementation chaired by the Hon’ble Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman. The ceremony, hosted at The Ashok Hotel in New Delhi, commemorated the

Union Minister Piyush Goyal recently inaugurated the Bharat Ratnam – Mega Common Facility Centre (CFC) at SEEPZ, reaffirming India’s commitment to strengthening its gem and jewellery industry. This cutting-edge facility, a collaboration between the Gem & Jewellery Export Promotion Council (GJEPC) and SEEPZ, represents a watershed point in the industry’s history, demonstrating advanced infrastructure and

Renowned jeweller Fabergé has collaborated with Gemfields to create the one-of-a-kind Fabergé x Gemfields Malaika Egg, with $100,000 of the proceeds going to the Gemfields Foundation, the Gemfields Group‘s charitable arm, to support community projects that alleviate poverty in Mozambique. ‘Malaika’ means ‘angel’ in Swahili, the language spoken in Mozambique, where the rubies in this