Tragedy Strikes Burkina Faso: Unregulated Gold Mine Collapse Claims Nine Lives, Exposing Perils of Artisanal Mining A devastating incident in Burkina Faso has once again cast a stark light on the perilous conditions prevalent within the country’s vast and largely unregulated artisanal gold mining sector. At least nine workers tragically lost their lives following a … Read more
In a remarkable demonstration of resilience and strategic investment, the Harvey Nichols Group reported stellar financial results for the year ending March 31, 2018. The luxury department store chain announced a phenomenal 102% surge in Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA), reaching an impressive £14.7 million. This significant uplift in profitability underscores a … Read more
Petra Diamonds Divests KEM JV Stake to Ekapa Mining in Pivotal South African Diamond Sector Transaction In a move poised to reshape the landscape of South Africa’s historic Kimberley diamond mining region, Petra Diamonds Limited has officially announced the finalisation of a binding Heads of Agreement. This crucial accord outlines the disposal of Petra Diamonds’ … Read more
Firestone Diamonds Bolsters Financial Position with Standby Facility Extension, Fuels Liqhobong Mine Growth Firestone Diamonds plc, a leading diamond producer with its flagship Liqhobong Diamond Mine in Lesotho, has recently announced a significant strategic move to enhance its financial and operational stability. The company confirmed the extension of its existing US$15.0 million standby facility, originally … Read more
Strengthening Strategic Alliances: Israel Diamond Exchange Deepens Cooperation with ALROSA In a pivotal development poised to significantly influence the global diamond market, a prominent delegation from the Israel Diamond Exchange (IDE), under the astute leadership of its President, Yoram Dvash, recently undertook a crucial visit to Moscow. This influential group comprised the heads of 28 … Read more
Celebrate the Unbreakable Bond this Raksha Bandhan with the Timeless Radiance of De Beers Forevermark Natural Diamonds Bangalore: August 05, 2022 – The tapestry of life is woven with countless threads, but none are as vibrant or as enduring as the bond shared between siblings. This unique relationship transcends mere kinship, forging a profound connection … Read more
Thailand Shines as Global Gem and Jewelry Hub at the 64th Bangkok Gems & Jewelry Fair The Department of International Trade Promotion (DITP), a vital arm of Thailand’s Ministry of Commerce, proudly inaugurated the 64th Bangkok Gems & Jewelry Fair (BGJF), a pivotal event underscoring Thailand’s robust position as a premier global trading and manufacturing … Read more
This spring, Gübelin Jewellery invites connoisseurs and enthusiasts on an enchanting journey “Into the Blue,” unveiling a magnificent selection of glittering aquamarines. This exquisite collection showcases a diverse range of captivating pieces, including breathtaking cocktail rings, elegant bracelets, and sophisticated necklaces, each meticulously crafted to radiate the serene beauty of this beloved blue gemstone. The … Read more
India’s Gold Imports in 2016: A Transformative Year Marked by Policy Shifts and Market Volatility India, a nation deeply intertwined with gold through its culture, traditions, and financial landscape, experienced a profoundly transformative year in its gold market in 2016. Historically recognized as one of the world’s largest consumers and importers of gold, the … Read more
LONDON, UK – Harrods, the world-renowned luxury department store, has announced a significant strategic leadership appointment, promoting its accomplished Beauty Director, Annalise Fard, to spearhead the prestigious Fine Watches and Fine Jewellery divisions. This pivotal move underscores Harrods’ commitment to reinforcing its market-leading position within the ultra-luxury segment and reflects a deep confidence in Fard’s … Read more
