News
DMCC forms education partnership with HRD Antwerp
The Dubai Multi Commodities Centre (DMCC) has announced a new education partnership between the Dubai Design Academy and HRD Antwerp, Europe’s leading authority in diamond and jewellery grading, to expand access to internationally recognized...
Today
Rio Tinto’s diamond production drops by 68% following Diavik closure
Rio Tinto’s diamond production fell by 68% during the first nine months of 2026. This decline follows the closure of the Diavik mine in Canada’s Northwest Territories this March after 23 years of operation due to its depletion.
Today
Ghana sets 2030 deadline to end raw mineral exports
Ghana's President John Mahama has set a target to halt all exports of unprocessed minerals by the end of the decade, as the West African nation seeks to capture more economic value from its natural resources, African Business has reported.
Today
A rare 9-carat pink diamond goes on display after 100 years of its theft
A rare nine-carat pink diamond, stolen from a French château nearly 100 years ago, has been unveiled to the public for the first time.
Today
Huayou Cobalt secures 50% interest in Ghana’s Ewoyaa Lithium Project
Atlantic Lithium has completed a novation agreement between Elevra Lithium and Zhejiang Huayou Cobalt, transferring Elevra’s rights and interests in the Ewoyaa Lithium Project and the broader Ghana portfolio to Huayou.
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Synchronizing Watches and Jewelry Fashion by Basel. Part III
19 may 2008
Visiting the BASELWORLD Show has turned to be an annual ritual for Russian jewelry businesspersons. The number of our compatriots at the exhibition in Basel is measured by the hundreds, and the Russian talk is heard everywhere. Basel is visited by top managers of jewelry manufacturing and trading companies, managers, designers, jewelers, specialized publishers, whose number is already exceeding a dozen, and observers of fashion magazines. Generally speaking, BASELWORLD is already quite a digested area for Russian visitors.
Diamond Consumption Theory
14 may 2008
The modern consumption theories, which are particularly developed in the West, teach that the development and depth levels (amount and quantity) of consuming some kind of goods do not depend merely on the level of population income. The people’s national character and mentality taking their definite and specific shape in goods – in our case in diamond jewelry - are of vital significance.
Industry Events
12 may 2008
The story associated with promoting palladium to the jewelry market was continued. As reported earlier, the results of a comprehensive research performed with participation of the Platinum Guild International and Palladium Alliance International as independent consultants under the auspices of the International Platinum Group Metals Association served the basis for a decision to develop and implement palladium jewelry sales. Major activities within the first stage of this operation will be aimed at the markets of China and the U.S.A. These activities will be led by Mining-and-Smelting Combine Norilsk Nickel, the world’s largest palladium producer, aided by major producers of this metal from the Republic of South Africa (Anglo Platinum, Impala Platinum and Tonmin) and the U.S.A. (Stillwater Mining Company). The program is targeted at a clear and explicit palladium positioning as a jewelry brand, which is to be done in cooperation with designers, manufacturers and sellers of jewelry. In the opinion of the program initiators, this will permit to set up a stable and growth-promising market.
Jewelry Companies: From Mass to Premium
12 may 2008
Leading positions in production output among domestic companies belong to those, which appeared in the market in the early 1990s, the “Pryamye inVESTItsii” monthly reports. Adamas, Yuvelirny Dom Yashma and the Moscow Jewelry Plant are at the top of the list. They have made a stake in fast development of retail sales and are selling mainly their own products. Corporate stores of this trio are located literally head to head, at least in Moscow.
Let Each Russian Have his or her Own Way in Jewelry
05 may 2008
According to analysts’ estimates, the jewelry market in Russia continued its steady rise in recent years. Meanwhile the global jewelry sales were moving up 4.6% a year, Russia was flaunting an annual growth rate of 25 - 30%, according to the data provided by Inventica, a research company. In the first place, this was due to increased income of the typical Russian wage earner. Jewelry ceased to be unaffordable luxury for many people and moved to the category of ordinary goods.
