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Latest News & Stories

TAGS/Sodiam Raises $21.6m at Angola Tender

Trans Atlantic Gem Sales (TAGS) sold 45 stones for a total of $21.6m at tender in association with Sodiam, Angola's state-owned diamond company. Among the stones sold was a parcel of six diamonds (447 carats) from ... Read More..

 
Tiffany's $305,000 'Bird on a Rock' Watch

Tiffany has launched one of its most complex watches to date, inspired by the company's emblematic Bird on a Rock. The white gold Bird on a Flying Tourbillon costs $305,000 and is being produced in a limited edition of 25.... Read More..

India's Diamond Industry hit by 64 Suicides

Two diamond workers from India reportedly took their own lives on the same day, as the global downturn continues taking its financial toll on the world's cutting and polishing capital. They bring the number of industry suicides in the last... Read More..

 
Another Hefty Drop for India's Diamond Exports

India's exports of polished diamonds suffered another hefty drop in June, down 26 per cent year-on-year to $1.02bn. Foreign sales in May were down by almost 15 per cent to $1.47bn, according to new figures from the GJEPC.... Read More..

Asia Drives Slump in Swiss Watch Exports

Exports of Swiss watches plunged by 7.2 per cent year-on-year in June, according to new figures from the Federation of the Swiss Watch Industry Exports (FHS). That's the biggest drop this year, and a steep decline from the 2.2 per cent... Read More..

 
Huge Budget Boost for India's Diamond Industry

India's diamond industry welcomed a raft of measures announced in today's budget (23 July) which will encourage direct diamond sales from foreign mining companies and reduce tax on key raw materials. Finance Minister Nirmala said... Read More..