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Top Stories : Rajan K

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WFDB Supports United Industry Position on Tariffs

The World Federation of Diamond Bourses (WFDB) announced today that it stands united with the industry-wide position to request that the US Government grant a tariff exemption for natural diamond imports. The WFDB supports the statement released by the World Diamond Council yesterday, which advocates for an industry-wide strategic exemption for natural diamonds. The WDC statement has been endorsed by leading industry organizations including the Antwerp World Diamond Center, the International Diamond Manufacturers Association and the Gem and Jewellery Export Promotion Council of India.

Updated: 04 Feb '25 - Read more

Okavango Diamond Company to Launch Rough Diamond Auction Centre in Surat, Empowering Local Manufacturers

In a landmark development for India’s diamond manufacturing industry, Botswana’s Okavango Diamond Company (ODC) has announced its plans to establish a rough diamond auction centre in Surat. The move is expected to significantly benefit small and mid-sized manufacturers by offering direct local access to rough diamond supplies

Updated: 25 Feb '25 - Read more

$117 billion U.S. jewelry industry at risk in diamond tariff review

The World Diamond Council (WDC), the U.S. based organization representing the international natural diamond value chain, acknowledges the U.S. Government’s emphasis on fair and reciprocal trade and advocates for policies that support strengthening American manufacturing to deliver tangible benefits to U.S. businesses, workers and consumers.

Updated: 04 Feb '25 - Read more

WFDB Praises Young Diamantaires’ Launching as Non-Profit

The World Federation of Diamond Bourses applauds the Young Diamantaires upon becoming an independent non-profit organization. Established in 2016 as an informal group under the umbrella of the WFDB, by then WFDB Promotion Committee Chairman Rami Baron, YD has taken the official step of becoming a non-profit industry association.

Updated: 4 Feb '25 - Read more

Is The Era of Free Trade At Risk?
Subbu: Editor, The New Jeweller

The so-called Liberation Day in the US had a catastrophic effect globally, making a deep dent in an otherwise Free Trade Era. We are indeed in a new phase, one that is protectionist, arbitrary and dangerous. For decades, the US was a benchmark and an inspiration for a free market economy for the world, helping to build global trade and championing a multilateral trading system where various economies achieved a “win all” situation.

Updated: 06 Jan '25 - Read more

Authentia.io and the Future of Diamond Traceability: EU Patent Set to Reshape the Industry

The diamond industry has long been a critical sector when it comes to transparency, ethical sourcing, and tracing the origins of precious stones. Africa, as the world’s dominant producer of natural diamonds, plays a central role in these efforts. Authentia.io remains at the forefront of ensuring that diamonds are traceable, authentic, and ethically sourced. As the European Union (EU) pushes forward with its revised traceability framework, Authentia.io’s technology has never been more pivotal to the future of the diamond trade.

Updated: 06 Jan '25 - Read more

Early Signs of Recovery

Signs of Spring are all over and the earth is emerging from its winter slumber. Spring signifies renewal and we are indeed seeing certain early signs of renewed growth in the diamond industry. The latest Hong Kong show was better than expected, and we saw improved sentiment and some increased demand in the Hong Kong and China markets.

Updated: 17 Mar '24 - Read more

GJEPC Addresses Key India Challenges at IDMA's 23rd Presidents' Meeting in New York

Mr. Anoop Mehta, Co Convener, Diamond Panel Committee and in the capacity of being the representative of GJEPC at IDMA delivered a compelling address at the International Diamond Manufacturers Association's (IDMA) 23rd Presidents' Meeting in New York.

Updated: 17 Mar '24 - Read more

Jemora Gemhouse expands viewing to New York, USA for its inaugural auction of rare and high-value polished sapphires

Following the overwhelming response to the launch of Jemora Gemhouse, we are pleased to announce an additional viewing opportunity for its inaugural auction in New York, scheduled for March 24-26, 2025. This follows the initial viewing on March 17-19, 2025, at the DMCC’s Almas Tower, Dubai, UAE. The auction results will be

Updated: 07 Jan '25 - Read more

RapNet and Del Gatto Finance Fund to Provide Diamond Industry Financing

RapNet, the world’s largest online marketplace for diamonds, gems and jewelry, has partnered with Del Gatto Finance Fund, the largest non-bank lender to the global diamond industry, to provide quick and easy financing solutions for all RapNet members

Updated: 28 Feb '25 - Read more

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Jewellery industry unites to protect consumer confidence

In a landmark move for the jewellery sector, the World Jewellery Confederation (CIBJO) has launched a four-month public consultation for The Blue List: The Responsible Jewellery Supply Chain Lexicon. This initiative marks the culmination of a collaborative effort spanning more than three years to establish a globally harmonised glossary of responsible sourcing and sustainability terminology for the jewellery, gemstone and precious metals industries.

Updated: 30 Jan '25 - Read more

GJEPC Announces SAJEX 2025: The Ultimate B2B Jewellery Destination in the Heart of Saudi Arabia

The Gem & Jewellery Export Promotion Council (GJEPC) proudly announces SAJEX 2025, a premier B2B jewellery exhibition set to take place from 11th to 13th September 2025 at the iconic Jeddah Superdome, Saudi Arabia. Positioned as a strategic gateway to the thriving Middle Eastern market, SAJEX 2025 is poised to redefine global jewellery trade by uniting the finest in design, craftsmanship, and innovation under one roof.

Updated: 17 Jan '25 - Read more

Antwerp Diamond Federation Welcomes EU Decision Not to Impose Import Tariffs on U.S. Diamonds

The Antwerp World Diamond Centre (AWDC), the industry organization representing all Belgian diamond companies, has expressed relief and satisfaction following the European Council’s decision not to impose import tariffs on polished diamonds originating from the United States, as part of its package of countermeasures in response to the U.S. tariffs imposed by President Trump. European import tariffs could have caused significant harm to Belgium’s diamond industry, without meaningfully impacting the U.S. in return.

Updated: 17 Jan '25 - Read more

Kimberley Process members applaud UAE’s achievements during the “year of delivery” 2024 with overwhelming majority

Ahmed Bin Sulayem, the UAE’s Chair of the Kimberley Process (KP), addressed the United Nations General Assembly (UNGA) in New York, presenting the UAE’s 2024 Chairmanship achievements under its ‘Year of Delivery’ and introducing the UAE-led resolution, “The Role of Diamonds in Fueling Conflict”, which was adopted by overwhelming majority at the UN.

Updated: 16 Apr '25 - Read more

African Diamond Producers Association [ADPA] HEADQUARTERS OFFICIALLY OPENS IN LUANDA, ANGOLA

The African Diamond Producers Association (ADPA) officially inaugurated its headquarters on 27 February 2025 in a ceremony led by Hon. Diamantino Pedro Azevedo, Minister of Mineral Resources, Oil and Gas of Angola, and Hon. Winston Chitando, Minister of Mines and Minerals Development of Zimbabwe and Chair of ADPA (2023-2024).

Updated: 03 Mar '25 - Read more

Technology : Akash S.

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Sekou Andrews Brings Performance, Insight, and Inspiration to Converge Closing Keynote

The American Gem Society (AGS) and the Gemological Institute of America (GIA) announced today that Sekou Andrews—an award-winning poet and entrepreneur who blends inspirational speaking with spoken word poetry—will deliver the closing keynote at Converge 2025.

Updated: 12 Mar '25 - Read more

Famed Neuroscientist to Open AGS X GIA Converge Conference

Neuroscientist and perception expert Dr. Beau Lotto will be the opening keynote speaker at Converge, the global gem and jewelry event that merges innovative gemological research and industry-leading education from the Gemological Institute of America (GIA) with member-driven professional development and networking opportunities from the American Gem Society (AGS).

Updated: 31 Jan '25 - Read more

Diamond verification device, DiamondProof, lands in retail stores for the first time

De Beers Group announced that its innovative retail-facing diamond verification device, DiamondProof, has landed in select retail stores for the first time, giving consumers the ability to witness just how quickly the device can distinguish natural diamonds from non-natural diamonds, such as laboratory-grown diamonds (LGDs) and diamond simulants, providing a tool for retailers to help educate their customers on the differences between natural diamonds and other products.

Updated: 28 Feb '25 - Read more

GIA Scientists Evaluate One of the World’s Rarest Diamonds

A team of scientists from the Gemological Institute of America (GIA), collaborating with their colleagues from the Smithsonian National Museum of Natural History Department of Mineral Sciences and the curator from the Paris School of Mines, recently examined the Winston Red diamond

Updated: 8 Apr '25 - Read more

GIA Temporarily Expands Scope of Laboratory Services in Dubai and Hong Kong

In response to logistics challenges related to recently announced tariffs affecting global shipments of gemstones, GIA (Gemological Institute of America) will temporarily expand services offered by the GIA Laboratory DMCC and the GIA Hong Kong laboratory.

Updated: 08 Apr '25 - Read more

Education : Akash S.

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GSI and Dr. Homi Bhabha State University Sign MOU for Education, Research, and Industry-Academia Collaboration

Gemological Science International (GSI), a global leader in gemological services, and Dr. Homi Bhabha State University, Mumbai, signed a significant Memorandum of

Updated: 17 Jan '25 - Read more

Dubai Business Group for Gold & Jewellery Designers - World Class Platform for Jewellery Designers to Learn, Connect, Collaborate & Excel

In an exclusive with Ms Maha Al Sibai, The New Jeweller UAE bureau gets to know the vision behind the initiation of ‘Dubai Business Group for

Updated: 17 Jan '25 - Read more

GIA India Hosts Virtual Alumni Guest Session on ‘Mistaken Identity’

GIA India held its virtual alumni guest session on the topic, ‘Mistaken Identity.’ Jayesh Patel, Product Controller – Ruby, Fura Gems, was the panellist. The session started with the introduction of Jayesh Patel by Apoorva Deshingkar,

Updated: 17 Jan '25 - Read more

GIA India Hosts Graduation Ceremony for its Graduate Diamond Diploma Students

GIA India held the graduation ceremony for the Graduate Diamond Diploma Program students at its Surat location. The chief guest for the ceremony, Dinesh Navadia, Regional Chairman – Gujarat,

Updated: 17 Jan '25 - Read more

HB Antwerp goes Nano

HB Antwerp, the largest diamond ecosystem in the Northern hemisphere, is pleased to announce a partnership with Nanores, a European pioneer in nanotechnology. Nanores and HB Antwerp have entered a strategic partnership to add Nanores’ pioneering nanotechnology capabilities to the HB Ecosystem.

Updated: 17 Jan '25 - Read more

Event & News

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Namdeb wind project to power diamond mining operations

The possible upgrading of a Namdeb wind project holds the potential to power diamond mining operations, while additional electricity could be transmitted into the national grid. This is as Namdeb, equally owned by government and the De Beers Group, continues to align its operations with national goals for industrialisation, clean energy transition and sustainable development.

Updated: 7 Mar '25 - Read more

OROAREZZO 2025 INAUGURATED WITH ITALIAN MINISTER OF THE INTERIOR, PIANTEDOSI

The 44th edition of Oroarezzo, the IEG - Italian Exhibition Group event specifically for Made in Italy production and technology at the service of the gold and jewelry industry, opened today with the participation of Minister of the Interior, Matteo Piantedosi. The event, scheduled to take place until Tuesday 13 May in the halls of Arezzo Fiere e Congressi in Arezzo (Tuscany, Italy), promotes and enhances the best of Italian manufacturing, from gold and silver to jewelry with precious stones and the most innovative machinery at specifically for the sector.

Updated: 16 Mar '25 - Read more

Burgundy Diamond Mines, André Messika Ltd. and Crossworks Manufacturing Ltd. forge strategic global partnership

Burgundy Diamond Mines Ltd. (ASX:BDM) (“Burgundy”), André Messika Ltd. (“Messika”) and Crossworks Manufacturing Ltd. (“Crossworks”), are proud to announce a landmark strategic global partnership to bring Burgundy’s extraordinary collection of fancy yellow diamonds to the world’s most prestigious jewellery maisons.

Updated: 15 Mar '25 - Read more

De Beers Group announces intention to close Lightbox business

De Beers Group announces its intention to close its lab-grown diamond (“LGD”) jewellery brand, Lightbox, reinforcing De Beers Group’s commitment to natural diamonds in the jewellery sector. As part of the closure process, De Beers Group is discussing the sale of certain assets, including inventory, with potential buyers.

Updated: 15 Mar '25 - Read more

Products on which Duty will become Zero

India-UK Free Trade Agreement expected to double bilateral trade for the gem and jewellery industry. India has successfully concluded the India-UK Free Trade Agreement — a landmark milestone that will further deepen and strengthen bilateral trade ties. The UK remains a pivotal market for India’s gem and jewellery sector, with exports reaching USD 941 million and imports at USD 2.7 billion in 2024. This landmark FTA is poised to significantly accelerate our export growth, with projections indicating a rise to USD 2.5 billion within the next two years.

Updated: 10 Mar '25 - Read more

Alexander Rotter Announced As Global President

Bonnie Brennan, CEO of Christie’s, has appointed Alexander Rotter as Global President of Christie’s, effective immediately. In his current role as Global Chairman of 20/21, Rotter has overseen many of the most groundbreaking moments in auction history and been instrumental in Christie’s growth and success. The role of Global President builds on this foundation and charges him with developing and driving the business at the highest level across all categories. A renowned and passionate expert and deal maker, Rotter will work collaboratively with Regional Presidents and Global Chairmen to develop innovative strategies for auction and private sales across individual objects and collections.

Updated: 3 May '25 - Read more

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