(GemThoughts) - The jewelry business has been around for thousands of years. Some technologies have remained essentially the same. Other technologies have enhanced and broadened manufacturing, and, in the process, have made the distribution and selling of jewelry more complex, more inter-reliant, and more regional, if not global. All of it has prevailed based on one consistent force - people want jewelry. This has been true in all societies, no matter how remote or insulated. Jewelry is intensely personal - it is worn on the body - and invariably evokes emotional associations unmatched by any other man-made product. That attraction will not fade even as we enter an epoch in world history that may bring change at a pace and depth that humanity has never seen. All that considered, we plod along, a step at a time, dealing with what is at hand. Each of us sit at some point in the value chain, both contributing to and being affected by everything that happens between the material sources and the consumer. Those effects are now global in scope. Sometimes they benefit us individually, and sometimes they are severely destructive. Today, both effects have been greatly magnified by powerful natural, technologic and societal trends that are destabilizing established norms.
News
Petra Diamonds subsidiary ordered to wind up over unpaid tax
Petra Diamonds has confirmed that a winding-up order has been made against its wholly owned indirect subsidiary, Petra Diamonds UK Treasury Limited (PDUK Treasury), following a petition by HM Revenue & Customs.
Today
LVMH’s watches & jewellery division revenue rose 8% in the first nine months of 2026
The Watches & Jewellery division of the French conglomerate LVMH, home to over 75 world-renowned luxury brands, recorded an 8% organic revenue growth during the first nine months of 2026 thanks to strong jewellery demand, despite a challenging economic...
Today
Russian companies to increase investment in PGM exploration by 17% in 2026
In 2026, Russian companies will increase their investment in the exploration of platinum group metals (PGM) by 17%, with the total reaching nearly 2 billion rubles ($23 million), the Russian Ministry of Natural Resources and Environment...
Today
Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices
Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
Yesterday
South Africa mining output falls 12.7% in August on weak PGMs, coal and iron ore
South Africa's mining output declined 12.7% year-on-year in August, according to Statistics South Africa, with platinum group metals, coal, and iron ore accounting for the largest negative contributions.
Yesterday
