Archives for Uncategorized - Page 3
Gitanjali Offers Branded Jewellery In Reliance Retail Lifestyle Stores
The Gitanjali Group, which owns a raft of Indian and global brands and boasts thousands of retail points of sale in India and around the world, has entered into a…
First Jewellery Made From Responsibly Sourced Gold Imported To Canada
A milestone in responsible sourcing was achieved when Partnership Africa Canada (PAC) and Fair Trade Jewellery Co. announced the production of jewellery from the first import of conflict-free and traceable…
Rio Tinto Signs Option On New Canadian Diamond Project
Rio Tinto has signed an option agreement with Shore Gold Inc. giving it three years to spend $ million on drilling and bulk sampling at the latter’s Star-Orion South Diamond…
Gemfields Board Recommends Fosun Offer Despite Terming It Unfair
The battle for the takeover of coloured gemstone miner Gemfields has hotted up, with Hong Kong-based Fosun Gold raising its offer to £256 million in cash from the £ million…
De Beers To Invest In Industry Start-Ups
De Beers Group announced the creation of a new arm, De Beers Ventures, to actively consider the acquisition of minority equity stakes in start-ups and growth companies. The new initiative…
Harry Winston Buys Rockefeller Emerald For Museum At Record $5.5M
With an eye on key acquisitions for planned Harry Winston museum in New York, the Harry Winston group paid $ million, or $305,000 per carat for the carat Rockefeller Emerald…
De Beers Sells $530M In Cycle 5; SA Supply Problem Has Little Impact
De Beers announced that it had sold $530 million worth of rough diamonds in its fifth sales cycle of 2017 — a 6 percent drop from the $564 million sold…
Foundation Stone Laid For New IIGJ Training Centre In Udupi
Indian Minister of State for Commerce & Industry Nirmala Sitharaman laid the foundation stone of the planned Indian Institute of Gems & Jewellery (IIGJ) in the southern Indian city of…
Demand Growing, Says Gemfields As Ruby Auction Realises Record $54.8M
Coloured gemstone producer Gemfields plc announced that its auction of rough ruby from its Montepuez mine in Mozambique realised $ million — an all-time high for any Gemfields auction. The…
De Beers Diamond Exploration Ship To Start Work Off Namibia Coast
The world’s largest and most advanced diamond exploration and sampling vessel, the MV SS Nujoma, is ready to start exploring for diamond deposits in Namibian waters, following its official inauguration…