Industry News & Blogs

Diamonds.net - GIA Unveils Digital Diamond Report

Press Release: GIA (Gemological Institute of America) announced today the addition of a new diamond grading report option to its existing slate of services. The new service, the GIA Diamond eReport delivers GIA grading results completely online. The GIA Diamond eReport is available for...

Input on the Kimberley Process required | Fair Jewellery Action

Hi Everyone, reflecting on the Kimberly Process. in the light of the below: I have been invited to attend a meeting at the Foreign Office (UK) on Monday to

Diamond Shavings: Your Friday Web Roundup - JCK

This week ... Diamond prices are steadying. Or maybe they falling Jewelry sales will do great at Christmas. won't And there's a company that can identify the origin of diamonds! Maybe! It's all in this week's very uncertain edition Shavings & nbsp;Good News?:- Daily Finance: could be hot year.- NRF

Diamonds.net - Rachel Zoe Unveils 'Hollywood Glamour' Theme for Tiffany & Co.

Tiffany & Co. is devoting the window displays at its flagship stores to Hollywood glamour from the 1930s through the 1970s in honor of the upcoming Academy Awards. Stylist, designer and fashion icon Rachel Zoe collaborated with Tiffany to create these window displays this week, all which...

Diamonds.net - Record Inflation Impacts Jewelry in January

U.S. consumer price inflation (CPI) in January for the jewelry sector surged 8.2 percent year on year to 185 points, according to government figures released today. The reading established a new CPI record for jewelry and it was the thirteenth consecutive monthly calculation with a reading...

Diamonds.net - Goenka's 3Q Sales -23%, Profit -82%

Goenka Diamond & Jewels Ltd. reported that group net sales fell 23 percent year on year to $24.8 million (INR 1.23 billion) during its third fiscal-quarter that ended on December 31, 2011 due to weak diamond and jewelry revenue. Net profit dropped 82 percent to $670,948 (INR 33.1 million)...

Diamonds.net - SRS 3Q Sales +7%, Profits +42%

SRS Ltd. reported that net sales rose 7 percent year on year to $127.7 million (INR 6.31 billion) during its third fiscal-quarter that ended on December 31, 2011. Growth was driven by its jewelry and cinema business.Net profits jumped 42 percent to $4.8 million (INR 235.1 million) for the...

Diamonds.net - CMO Honors Gitanjali Group with the Master Brand Award

The Group pioneered jewelry retail revolution in India by launching Gili way back in 1994. It today owns and distributes eight out of the top ten jewellery brands in the country including Gili, Nakshatra, Asmi, D’Damas, Sangini and Diya.Over the last two decades, it has expanded operations in...

Diamonds.net - Paragon's Lemphane Sample Yields 102 Diamonds

Paragon Diamonds recovered five large diamonds from its bulk sampling at the Lemphane kimberlite in Lesotho. In all, the company’s sample recovered 102 diamonds, five of which were larger than 2 carats, and the program totaled 46.79 carats. The largest rough diamond recovered was 6.30 carats....

Diamonds.net - Global Gold Demand +21% to $55B in 4Q11

Global demand for gold rose 21 percent year on year to $55.19 billion in the fourth quarter of 2011 as investor appetite spurred demand for the yellow metal, according to the World Gold Council (WGC). Gold demand by volume fell 2 percent to 1,017 tonnes during the quarter. The WGC’s...

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