IDEX Online

G4S Launches GIA Round-Trip Service

G4S International Logistics on Friday announced 'The Loop', a round-trip service, shipping solution for jewelers shipping to and from GIA's Carlsbad grading lab.

GJEPC Working on Road Map for Colored Gemstones Revival

The first-ever Mines to Market conference for colored gemstones wrapped up last week in India’s gem-cutting city of Jaipur. Rajiv Jain and Sanjay Kothari, chairman and vice chairman of the GJEPC, which organized the event, said the conference was onl...

De Beers Stake Sale Poses no Problem for Industry: GJEPC

The sale of the Oppenheimer family’s 40 percent stake in De Beers to Anglo American posed no problems for the industry, said Sanjay Kothari, Vice Chairman of India’s Gem & Jewellery Export Promotion Council.

Breaking News: Oppenheimer Cashing Out, Selling De Beers for $5.1 Billion to Anglo American

Anglo American announced that it is buying the Oppenheimer's 40 percent stake in De Beers for $5.1 billion dollars.

IDEX Online Research: polished diamond prices slip 1.6% in October

Global polished diamond prices slipped again in October for the third consecutive month, according to the IDEX Online Global Polished Diamond Price Index, but showed some vitality near the end of the month.

Botswana exports $530m worth of diamonds in August

Botswana exported $529.6 million worth of polished and rough diamonds in August, rising 82.1 percent year-over-year, based on figures published by the Bank of Botswana.

Repeat calls for KP reform include enforcement mechanism

American diamond organizations are calling for reforms in the Kimberley Process against a backdrop of growing criticism that the system lacks the ability to effectively deal with rogue countries.

IDEX Online Research: Jewelry Suppliers’ Inflation Squeezes Retailers’ Margins

The disparity between retail prices of jewelry and wholesale jewelry prices swelled in September, according to the latest inflation data from the BLS.

Initiative Brings European Retailers & Indian Jewelry Manufacturers Together

India’s GJEPC is organizing an Indo-Europe jewelry summit, scheduled to run November 15-20. Essentially in the format of a buyer-seller meet, the summit will involve a series of meetings between 20 leading European retailers and 15 Indian jewelry man...

De Beers Q3 Diamond Production Up 3 pct

(IDEX Online News) – De Beers mined 9.3 million carats of diamonds in the third quarter ending September 30, a 3 percent year-over-year increase. Compared to the second quarter of the year, production increased 14 percent. The figures were included i...

US polished diamond imports rise 29% in August

U.S. net polished diamond imports increased 28.8 percent to $258.3 million in August compared to August 2010. Prices of polished diamonds started to soften in August as traders started to express concerns over global economic issues.

India cuts rough diamond imports sharply in September

Net rough diamond imports by India in September totaled $789.8 million for 5.13 million carats. This is a moderate 10.3 percent decline in the value of net imports compared to September 2010, however a whopping 94.9 percent cut in the volume of net imports.

Rio Tinto Q3 production slowly recovering

Rio Tinto’s third quartet diamond production increased 29 percent compared to production in the second quarter of 2011, however remains flat year-over-year.

Diamond Bourse of Canada seeks to deepen diamond trading with China

In a drive to improve diamond trade relations with China, the Diamond Bourse of Canada is opening a liaison office within the Shanghai Diamond Exchange facility.

IDEX Online Research: Good News for Jewelers, Wealthiest Americans Maintain Income Levels

The Great Recession did not eat into wealthy families’ income levels as much as feared, based on data just released from the U.S. Census Bureau. In 2010, 20.5 percent of all American households reported incomes of $100,000 or greater.

Rockwell Diamonds Completes Tirisano acquisition

Diamond miner Rockwell Diamonds completed the acquisition of the Tirisano mine project, the company announced Tuesday.

Mortensen, Batson to be Honored by JFC

Jewelers for Children will honor Pamela S. Mortensen, Senior Vice President and General Merchandise Manager of Fine Jewelry, Fashion Jewelry and Watches at JCPenney and Ruth Batson, Executive Director and CEP at the American Gem Society at the annual F...

Taché Certified by the RJC

DTC Sightholder Taché Company, the  diamond cutting and polishing manufacturer, has achieved certification meeting the ethical, human  rights, social and environmental standards as established by the Responsible Jewellery Council’s Member ...

Pink Does Not Sale, Blue and Orange Set Records

The top item at Sotheby's Magnificent Jewels and Jadeite auction, a 9.27-carats fancy vivid pink VVS1 diamond, did not find a buyer at the auction. However, two fancy vivid diamonds set record prices, leaving a ray of hope for the high-end diamond arena.

Kiran Gems Is Top Indian Polished Diamond Exporter

India’s GJEPC on Tuesday held its 38th Annual Awards Function in Surat. The awards recognize the top performers in the exports of diamonds, colored gemstones and jewelry.

De Beers Investment Fund Opens Shop in Silicon Valley

Element Six, De Beers’ synthetic diamond subsidiary, is expanding its venture group capital fund activities, opening an office in Silicon Valley. Element Six Ventures specializes in seed to late-stage technology ventures which utilize synthetic diamo...

Liberian President ‘A Role Model’

The Israeli diamond industry said Liberian President Ellen Johnson Sirleaf President is especially worthy to receive the Nobel Peace Prize.

2012 CIBJO Congress in Vicenza with VICENZAORO Charm

CIBJO, the World Jewellery Confederation, will hold its 2012 annual congress in Vicenza, Italy, May 17-20, 2012. The congress will be hosted by Fiera di Vicenza and coincide with the VICENZAORO Charm trade fair.

GJEPC Focuses on Brand India

The major thrust of India’s Gem & Jewellery Export Promotion Council (GJEPC) is to build “Brand India," the organization said in an overview of the past year and the year ahead.

Israel's Rough Imports $3.5 Billion in Q3

Israel's rough diamond trade was rising in the third quarter of 2011, according to the latest released figures. Net rough diamond imports increased about 35 percent to $3.519 billion.