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Latest News & Stories

Record Ruby Prices at Gemfields Auctions

Gemfields, the British gemstone miner, says it achieved the highest ever average price per carat for rubies sold at its June auctions. The sale of 216,600 carats raised a total of £68.7m - an average $316.95 per carat. Gemfields cautioned... Read More..

 
Another Month of Decline for India's Diamond Exports

India's exports of polished diamonds suffered a further drop in May, down by almost 15 per cent to $1.47bn. But the year-on-year rate of decline shows some signs of slowing, according to new figures from the GJEPC (Gem and Jewellery ... Read More..

Yood Replaces Stevens as CEO at JVC

Tiffany Stevens is standing down as president, CEO, and general counsel of Jewelers Vigilance Committee (JVC) which serves as the jewelry industry's independent legal expert, and will be replaced by her current deputy Sara Yood... Read More..

 
US Jewelers Warn Congress over Sanctions

US jewelers have warned Congress of the harm that new sanctions on Russian diamonds will cause for the entire retail sector. The trade association Jewelers of America (JA) met with with a dozen Democratic and Republican lawmakers ... Read More..

Botswana's Economy Hit by Diamond Slump

Botswana, which relies on diamonds for 80 per cent of its export revenue, says its economy is being hit by a global slump in demand. The country may fall short of a target set earlier this year for the economy to grow by ... Read More..

 
Pandora Launches Lab Growns in Denmark

Pandora has launched its lab grown collections in Denmark, its home country, for the first time, and opened its largest ever store, in Copenhagen. The jeweler which two thirds of its revenue from charm bracelets... Read More..