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After interviewing De Beers VP Feriel Zerouki about the GemFair program last January, Rubel & Ménasché’s La Lettre unveils another facet of the De Beers Group’s commitments, Okavango Eternal. Biodiversity protection, economic development, education and information are all part of long-term actions. As full stakeholders in these projects, local communities are the primary beneficiaries. Preserving […]
London, February 2025 – The Responsible Jewellery Council (RJC) today launches the RJC Laboratory Grown Material Standard (LGMS). As we embrace change in the watch and jewellery industry, this new standard sets a benchmark for ethical and sustainable practices in the laboratory-grown (lab-grown) diamond and lab-grown coloured gemstone sector. In a world where conscious consumerism […]
The device, developed by De Beers Group, rapidly and reliably distinguishes natural diamonds from non-natural diamonds, such as laboratory-grown diamonds and diamond simulants, helping to underpin consumer confidence De Beers Group today announced that its innovative retail-facing diamond verification device, DiamondProof, has landed in select retail stores for the first time, giving consumers the ability […]
Raluca Anghel, the Natural Diamond Council’s Head of External Affairs and Industry Relations, dives into the latest legislative updates shaping the jewellery and watch industry. The UK Advertising Standards Authority has tightened rules on environmental claims in ads, aligning with the 2021 Green Claims Code. Advertisers must ensure claims are truthful, clear, and substantiated, avoiding […]
The industry is changing as it grapples with new realities around distribution, supply, and the need for consistent, effective marketing. Diamond industry analysts Paul Zimnisky and Pranay Narvekar, along with industry veterans in India, weigh in on the current state of the diamond market and its prospects for 2025. (Photo courtesy of Venus Jewel) It’s […]
Rough market seeing gentle improvement after months of crisis, dealers say. Rough diamonds above 5 carats were in tight supply at this week’s sight, customers reported, with explanations ranging from production cuts to De Beers’ strategy of withholding supply. The February trading session saw stable prices in the vast majority of categories, as the miner […]
The Emirati city’s central location and favorable business conditions have helped push it to prominence as a trading center. Amid the frantic schedule of Dubai Diamond Week in November, executives of KGK Group casually welcomed visitors to their new diamond and jewelry office. Nestled on the 51st floor of Almas Tower, home of the Dubai […]
Anglo American, De Beers’ parent company, has reduced the miner’s book value by $2.88 billion amid weak diamond demand. The move, which comes just one year after a $1.56 billion write-down at the end of 2023, puts De Beers’ carrying value, or the amount recoverable should the business be sold, at $4.1 billion, Anglo American said Thursday. The work […]
The Indian government has removed the tariff on the import of seeds used to manufacture lab-grown diamonds and has reduced duties on certain precious metals. Importers are now exempt from paying customs fees when bringing in seeds used to create rough synthetic diamonds, according to the union budget Finance Minister Nirmala Sitharaman issued Saturday. “The removal of […]
Transformational agreements boost Botswana’s economic development potential and secure De Beers’ long-term share in world’s greatest diamond resources The Government of the Republic of Botswana (the “Government of Botswana”) and De Beers Group (“De Beers”) today announced that, following the conclusion of negotiations announced on 3 February 2025, the two partners have now signed the […]
Natural Diamond Council is launching a report series on trends, origin, and other particularities of the ultimate gemstone – natural diamonds. It will partner with key organizations including governments, local communities, analysts, and researchers that are part of the various stages of the natural diamonds’ journey from source to market. These comprehensive reports serve as […]
January’s Fashion Week showcased creations that gave nature a chance to express itself in all its delicate and untamed states. With inspirations ranging from botanical, floral and animal, the high jewelry houses redoubled their ingenuity to capture the beauty of the natural world. Cartier, between power and sensuality Cartier‘s style is recognizable through its iconic […]