News
Dual diamond trade record: Dubai realises $41.7B from 359.5M carats in 2025
Dubai recorded $41.7 billion in diamond trade from 359.5 million carats in 2025, setting new records in both value and volume in the same year for the first time, the Dubai Multi Commodities Centre (DMCC) highlighted as it convened the seventh...
Today
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
Financial Results of Jewellery Companies
11 december 2007
The LVMH Group of Companies specializing in luxury products reported in October that their watch and jewellery sales zoomed by 22% in the first nine months of this year and totaled 589 million euros.
Jewellery Industry: Current Statistics and Forecasts
11 december 2007
The report compiled by Altagamma, an Italian association of designers and couturiers, and by the Bain & Company Agency forecasts and 8-percent annual increase in luxury goods sales in the nearest three years.
Modest Spell of Carat, or Back to the USSR
11 december 2007
What adornments do the Russians prefer to give as gifts for the New Year? How much is a Russian buyer ready to spend for a precious present? What will be swanky to give as gifts and to wear in the next year? and What is “beautiful”? – Rough&Polished discussed these topics with exhibition participants, Russian and foreign jewellery makers.
Industry events in October – November
10 december 2007
The ninth DTC sight of this year took place in late October. As it was noted by INDEXonline, the DTC sightholders were taken aback by a price increase of 3%-5% for some lots. Formerly, such information was published by DTC beforehand to make its favoured buyers aware before sale.
Luxury expansion is making headway
07 december 2007
New domestic players are still coming to the Russian jewellery business. As it was reported by the “Kommersant” Daily, by the end of this year, Finstar belonging to Ritzio Entertainment Group may buy out Yuvelux, a retail and wholesale jewellery company, which happened to be the personal business of Boris Feigin, Member of the Finstar Board of Directors.
