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Industry News

Lucara names 1,758-carat rough "Sewelo."

Friday, July 19, 2019

The unbroken 1,758 carat stone was mined at the  Karowe diamond mine and recovered through Lucara's XRT circuit in April 2019.
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AWDC to discontinue financing of WTOCD

Friday, July 19, 2019

"As a result of the high cost of labor in our country, almost the entirety of our diamond manufacturing has relocated abroad. This has put the WTOCD in a difficult situation"
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Soon there will be Breakfast at Tiffany's - in Mumbai

Thursday, July 18, 2019

It is expected that Tiffany's first Indian foothold will be at Mumbai's Jio World Centre mall, which is to open in April 2020.
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CIBJO urges UN to support small business enterprises

Thursday, July 18, 2019

In the jewelry business, employment and company ownership are overwhelmingly vested with SMEs, most of which are family owned.
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Chow Tai Fook sees lower sales in second quarter

Thursday, July 18, 2019

Currently, Chow Tai Fook's store network counts 3248 doors, 114 more than in the first quarter of the year.
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AGD finds exceptional 47.61 carat deep lemon yellow at Grib

Wednesday, July 17, 2019

AGD said the diamond is of an extremely rare deep lemon hue. Experts noted its perfect octahedral shape and its high - flawless - clarity.
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Swatch Group to fight grey market dealers

Wednesday, July 17, 2019

The grey market has deprived Swatch of hundreds of millions in revenue during the first half of the year.
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IEG's "Gold Italy" to take place October 26-28 in Arezzo

Wednesday, July 17, 2019

Buyers and exhibitors are encouraged arrange meetings by means of the innovative digital Business Matching platform.
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Alrosa's Verkhne-Munskoye mine produces 63.15 carat diamond

Wednesday, July 17, 2019

The Verkhne-Munskoye deposit will produce about 1.8 million carats of rough diamonds per year. The deposit's mine life is expected to last until the year 2042.
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The World Gold Council publishes 2019 "mid-year outlook"

Wednesday, July 17, 2019

Weaker economic growth may possibly soften gold consumer demand, but structural economic reforms taking place in India and China will support demand in those markets.
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