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News
Done deal: Michael Hill takeover of Bevilles complete

6 hours ago • Samuel Ord

Michael Hill International has officially assumed operational control of retail rival Bevilles. Read more »

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Despite discretionary spending continuing to slow, the Australian Bureau of Statistics, reported that consumers spent more than $35.2 billion in April, a 4.2 per cent increase on a year-on-year comparison. | Source: Shutterstock

News
Cost-of-living pressures cause for concern for jewellery retailers

6 hours ago • Samuel Ord

Major retailers and small independents alike have expressed concern about consumer spending trends. Read more »

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From 1975 through 1995, Tolkowsky worked for the De Beers Group, gaining fame for the cutting of the 273-carat Centenary Diamond. | Source: Wikipedia

News
Industry mourns the loss of legendary diamond cutter

6 hours ago • Samuel Ord

One of the world’s most revered diamond cutters, Sir Gabriel Tolkowsky, has passed away at the age of 84. Read more »

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Waters has reportedly accepted a new job at the Perth Airport. Gold Corporation chairman Sam Walsh said he was disappointed to see him depart. | Source: The Perth Mint

News
Perth Mint boss bids farewell amid controversy

02/06/2023 • Samuel Ord

Gold Corporation CEO Jason Waters has resigned from his role overseeing the Perth Mint after a high-pressure start to 2023. Read more »

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The comparative average sale in inventory managed to reach positive territory, improving by half a per cent to $200 from $199. | Source: Retail Edge

News
Retail Edge urges caution in the latest market assessment

02/06/2023 • Samuel Ord

The latest performance analysis of more than 400 independent Australian jewellery stores has been released by Retail Edge, identifying a further softening of sales. Read more »

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The wait for an explanation continues for more than 800 miners in the New South Wales town of Lightning Ridge, renowned worldwide for the opal it produces. | Source: Shutterstock

News
Opal miners demand answers

02/06/2023 • Samuel Ord

The Australian opal mining community is demanding answers after a government error left hundreds of people without valid mineral licences. Read more »

As part of the collaboration the council will work with each manufacturer to create content about their heritage, expertise, and ethical practices. | Source:NDC

News
Natural Diamond Council announces new partnerships

01/06/2023 • Samuel Ord

The Natural Diamond Council (NDC) will collaborate with eight manufacturers and a brokerage firm in what’s been described as a ‘strategic alliance’. Read more »

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Managing director Colin Pocklington delivered his eagerly anticipated annual industry update, covering the expansion of the industry since 2020. Source: Nationwide Jewellers

News
Industry sentiment sky-high after Nationwide Conference

01/06/2023 • Samuel Ord

Nationwide Jewellers’ annual Timeout Conference ended on Sunday with buyers and suppliers alike making the journey to Yanuca Island in Fiji. Read more »

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This inspection and verification by independents aims to provide extra confidence for customers purchasing watches on eBay. The piece is also checked in the event of a return, adding security for sellers. | Source: Shutterstock

News
Focus on luxury watches increasing for eBay

01/06/2023 • Samuel Ord

Online marketplace eBay is celebrating the expansion of its luxury watches division since the launch of the authenticity guarantee program in 2021. Read more »

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News
De Beers denies violating Russian diamond sanctions

01/06/2023 • Samuel Ord

The world’s largest diamond mining company, the De Beers Group, has issued a statement denying claims it sold diamonds sourced from Russia. Read more »

Australia was one of the first countries to embrace the branded jewellery category and when Pandora started to capture the attention of consumers, it was in large part due to the work of Adcock’s Australian business model.

News
Industry icon returns to International Jewellery Fair

30/05/2023 • Samuel Ord

One of the Australian jewellery industry’s most high-profile and influential figures, Karin Adcock, will make a surprise return to the International Jewellery Fair in Sydney in August. Read more »

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“The diamond industry has consistently been shrouded in secrecy, with a complex supply chain that has often made it difficult for consumers to know where their diamonds come from and whether they were ethically sourced.” – Leanne Kemp, around three weeks before staff terminations. Image:Linkedin

News
Second collapse in Everledger saga; CEO denies ‘cash-burning’

30/05/2023 • Samuel Ord

The parent company of a Brisbane-based blockchain technology company with strong ties to the jewellery industry has been placed in liquidation. Read more »

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The new state-of-the-art facility offers access to market-leading services including Australia’s largest range of fabricated metals utilising locally sourced and refined gold and silver in all carats and sizes and available for immediate delivery. | Source: ABC Bullion

News
Palloys celebrates new Trade Centre with grand opening

29/05/2023 • Samuel Ord

The new Palloys Trade Centre in Sydney is officially up-and-running after a celebratory opening night. Read more »

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The review discovered the error was due to ‘a range of issues’ caused by reforms made in 2015 to the Mining Act 1992. | Source: Shutterstock

News
Opal mining industry rocked by government error

26/05/2023 • Samuel Ord

Hundreds of opal miners in New South Wales have had their livelihoods threatened after the discovery of an administrative error rendered their government-approved licences invalid. Read more »

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The timepiece crushed its pre-sale estimate of $US3 million. | Source: Hodinkee

News
Last Emperor of China’s watch returns $9 million at auction

26/05/2023 • Samuel Ord

A Patek Phillipe once owned by the last Emperor of China has sold for $US6.2 million ($AU9.54 million) at auction at Phillips in Hong Kong. Read more »

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