By Rob Bates
(jckonline.com) - De Beers expects to have fewer sightholders going forward, and it will work closer with them on polished sales, CEO Al Cook told diamond industry analyst Edahn Golan in an interview at the Facets 2024 conference.News
Luk Fook closes 175 stores due to weak demand
Hong Kong-based jewellery company Luk Fook was forced to close 175 stores in China and Hong Kong as rising gold prices hit revenue and profit, the company said in its first-half financial results for the year ended September 30.
Today
Central banks purchase record amount of gold year to date in October - WGC
Global central banks reported 60 tons of net gold purchases in October, which is the highest amount recorded year to date, as reported by the World Gold Council (WGC).
06 december 2024
Commerzbank sees upside to silver prices in 2025
Precious metals market analyst at Commerzbank is bullish on silver prices for 2025, as the metal looks to end the current year in lockstep with gold.
06 december 2024
Lucara exceeds production targets
Lucara Diamonds has so far this year exceeded all production targets at its wholly-owned Karowe Mine in Botswana, according to the company’s chief executive William Lamb.
06 december 2024
Signet sales slightly down in Q3 FY2025
Signet Jewelers has reported a decrease in sales in the third quarter of 2025 fiscal year by 3.1% to $1.3 billion year on year.
06 december 2024
