JNI

Author name: JNI

Antwerp calls for adjustments to G7 diamond sanctions.

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 […]

Antwerp calls for adjustments to G7 diamond sanctions. Read More »

“Ancient text” found in a CVD diamond by GIA

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

“Ancient text” found in a CVD diamond by GIA Read More »

Lab-grown diamonds cause Surat SEZ diamond shipments to drop by half.

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

Lab-grown diamonds cause Surat SEZ diamond shipments to drop by half. Read More »

Aurostar has joined the Natural Diamond Council as a partner.

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

Aurostar has joined the Natural Diamond Council as a partner. Read More »

De Beers’ rough sales trend lower as India’s diamond trading slows during elections.

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,

De Beers’ rough sales trend lower as India’s diamond trading slows during elections. Read More »

GJEPC Delegation Investigates Growth Opportunities in Latin America.

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

GJEPC Delegation Investigates Growth Opportunities in Latin America. Read More »

Anglo American rejects BHP’s latest proposal and extends the PUSU deadline.

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

Anglo American rejects BHP’s latest proposal and extends the PUSU deadline. Read More »

PNG Jewellers introduces the magnificent Polmi series.

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

PNG Jewellers introduces the magnificent Polmi series. Read More »

Signet and De Beers combine their marketing power to sell natural diamonds to American couples.

Signet Jewelers and De Beers have established a relationship to communicate the unique characteristics of natural diamonds with a new generation of US couples, in anticipation of a 25% increase in engagements over the next three years. The collaboration will highlight the inherent rarity and timelessness of natural diamonds by leveraging Signet‘s trusted brands such

Signet and De Beers combine their marketing power to sell natural diamonds to American couples. Read More »

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