03/10/2022
• Samuel Ord
A remarkably rare giant pink diamond is set to be auctioned in Geneva in November, commanding a hefty presale estimate of $US35 million ($AU54 million).
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03/07/2022
• Richard Chiu
The Indian government has announced an increase in its Goods and Services Tax (GST) on cut and polished diamonds in an effort to cushion the impact of accumulating tax credits in the diamond industry.
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03/07/2022
• Richard Chiu
India Bore Diamond Holdings (IBDH), one of two Australian companies currently operating at the Ellendale site in Western Australia – has confirmed two separate layers of diamondiferous gravel deposits at its site.
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12/06/2022
• Richard Chiu
The Gemological Institute of America (GIA) has announced it will soon issue digital grading reports instead of paper certification and launch an AI-based diamond inscription matching service.
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03/06/2022
• Richard Chiu
Canadian mining and natural resource company Star Diamond has discovered an “exceptionally high proportion” of rare Type IIa diamonds from samples taken from its Fort a la Corne drilling site located in central Saskatchewan.
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01/06/2022
• Richard Chiu
As the prevailing sanctions on Russian diamonds continue to worsen the global supply gap, Botswana’s mining and energy minister sees the situation rife for man-made diamonds to fill the void.
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01/06/2022
• Richard Chiu
The proposal to include lab-created diamonds in India’s production-linked incentives scheme looks more likely to succeed after receiving support from Commerce and Industry Minister Piyush Goyal.
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01/06/2022
• Richard Chiu
As the price of rough diamonds continues to increase due to an existing supply shortage further amplified by the ongoing sanctions on Alrosa, mining giant De Beers is uncertain it can meet the increasing market demand.
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01/06/2022
• Richard Chiu
The disruption to the supply of rough diamonds caused by the ongoing sanctions against Russian mining giant Alrosa has led to much shorter workweeks and the closure of several cut and polish factories in India.
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01/06/2022
• Richard Chiu
Swiss luxury goods company Richemont has reported a record “all-time high” full-year sales performance ending 31 March, marked by the progressive easing of COVID-19-related health restrictions in key markets worldwide.
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01/06/2022
• Richard Chiu
Two notable diamonds each weighing more than 100-carats will take centre stage during the Sotheby’s Magnificent Jewels tender on 16 June.
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27/05/2022
• Martin Foster
In April, Watches & Wonders Geneva 2022 made a most welcome restart to the established cycle of Swiss watch industry fairs. MARTIN FOSTER takes a look at a successful return after the two-year global disruption caused by the COVID pandemic and political uncertainty.
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24/05/2022
• Richard Chiu
An estimated 250,000 members of India’s diamond cutting and polishing industry have been placed on unpaid leave for two weeks.
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06/05/2022
• Robert Bouquet
Russia’s status as a leader in the jewellery industry has been one of the most talked about issues of 2022 in the wake of the invasion of Ukraine in February. ROBERT BOUQUET provides an update on the current trading environment.
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