Author Archives: yesweus - Page 40
De Beers To Play Middle Man in Exceptional Polished Diamond AuctionsDe Beers To Play Middle Man In Exceptional Polished Diamond Auctions
De Beers announced that it will play a Pay Pal-style role in brokering third party sales of exceptional diamonds on its Auction Sales platform. According to a De Beers press…
ALROSA May Sales Up 33% To $472M But 5-Month Total Falls 5% To $2.13B
Russian diamond miner ALROSA announced it had sold rough diamonds worth $ million and polished worth $ million for an aggregate $ million in diamond sales in May this year.…
Chow Tai Fook Arrests Slide, Annual Profit Grows 5.8% To $404M
Hong Kong-based jewellery retail giant Chow Tai Fook, publishing its financial results for the fiscal year ended March 31, 2017, announced that a sustained slide that was witnessed over several…
Goldberger Is New Blue Nile CEO, Kanter Stays As Chairman
Online diamond jewellery retailer Blue Nile has appointed as its new CEO, Jason Goldberger, who formerly headed e-commerce for retail chain Target. He takes office as of today. Goldberger, who…
India Cuts GST On Outsourced Diamond, Jewellery Manufacture To 5%
After major representations by the Gem & Jewellery Export Promotion Council (GJEPC) and the All India Gems & Jewellery Trade Federation (GJF), the Indian government announced that the previously-announced Goods…
IIDGR Partners Japanese Bridal Jewellery Retailer To Certify Diamonds
The De Beers-owned International Institute of Diamond Grading & Research (IIDGR) has entered a partnership with I-PRIMO, one of Japan’s leading bridal jewellery retailers, to provide polished diamond grading reports.…
Diamond Empowerment Fund Award Gala Raises Over $1M For Education
The Diamond Empowerment Fund (DEF), a global non-profit based in New York City to empower youth from diamond communities around the world through access to higher education, honoured two people…
Diamond Industry Seeks GST Rollback On Job-work, Inter-State ShipmentsDiamond Industry Seeks GST Rollback On Job-Work, Inter-State Shipments
Diamantaires from Surat joined a delegation led by the Gem & Jewellery Export Promotion Council (GJEPC) that met Gujarat state Deputy Chief Minister Nitin Patel seeking relief from the inordinately…
CIBJO, Fiji PM Present Sustainable Pearl Farming Project At UN
World Jewellery Confederation CIBJO President Gaetano Cavalieri joined a high-level delegation from Fiji led by Prime Minister Frank Bainimarama, at the Oceans Conference at the United Nations in New York,…
$13 ‘Fake’ Diamond Goes Under Sotheby’s Hammer For $847,667
A diamond ring was originally purchased in the 1980s from the boot of a car for £10 ($13), went under the hammer at Sotheby’s Fine Jewels sale in London on…