Diamond Slump Hits Botswana's GDP
December 30, 25
Botswana's government is forecasting a contraction of almost 1 per cent in its economy for 2025, amid an ongoing slump in diamond sales. "The macroeconomic outlook for the whole of 2025 remains fragile, with GDP projected to contract by 0.9 per cent... Read More...
Titan Finally Starts Selling Lab Growns
December 30, 25Titan Company is finally embracing lab growns with the launch of a new brand, called beYon, and the opening of a flagship store in Mumbai. Titan, India's biggest jewelry retailer with over 760 stores had long resisted lab growns, and had positioned itself ... Read More...
Government Extends Tax Relief for Diamond Mines
December 30, 25Diamond miners in Canada's Northwest Territories (NWT) are to receive an additional year of tax relief in a bid to ease financial pressures and protect jobs. The NWT government announced (on 22 December) that it would be extending the property tax ... Read More...
Queen of Belgium's Jewels to be Sold
December 29, 25A platinum Art Deco demi-parure that belonged to the late Queen Fabiola of Belgium is to be auctioned next month. The three-piece matching jewelry set comprises a diamond necklace of 38.62 carats, a 120-carat fancy briolette-cut aquamarine that can be ... Read More...
Alrosa Unearths Bauble and Puppy Diamonds for Christmas
December 29, 25Miners at Alrosa unearthed two "Christmas diamonds" - one shaped like a bauble, the other like a puppy. Both rough gems were found at the Severalmaz processing plant, part of the Lomonosov deposit, in Arkhangelsk region, northwestern Russia. The diamond ... Read More...
Memo by John Jeffay
December 24It's all about marketing, says Ronnie VanderLinden. "My key issue, and it has long been my key issue, is marketing. Period," he says. "I think we've lost out because of the way we've marketed our product, our wares. Education and marketing is what will bring ... Read More...