Weakened demand impacts De Beers sales

De Beers Group has reported a decline in sales at the tenth and final cycle for 2023 as China’s slowdown and the high cost of rough weaken demand.
http://dlvr.it/SfmDcn

German police recover items stolen in Dresden jewel heist

Authorities in Germany have announced the recovery of a ‘considerable portion’ of the items stolen in the robbery of the Grünes Gewölbe (Green Vault) at Dresden’s Royal Palace in November 2019.
http://dlvr.it/Sfbrz0

Revenue spike for Watches of Switzerland

Luxury watch retailer Watches of Switzerland has reported a 31 per cent increase in revenue for the opening half of the 2023 financial year.
http://dlvr.it/SfW9br

Trollbeads jewellery returns to Australian shores

Danish brand Trollbeads has returned to the Australian jewellery market as the first major international brand introduction since the COVID pandemic crippled international trade.
http://dlvr.it/SfPBCV

New president for International Grown Diamonds Association

Founder of the International Grown Diamonds Association (IGDA), Richard Garard, is vacating the role of president.
http://dlvr.it/Sf4ycQ

Australian Museum opens dazzling new Minerals Gallery

The Australian Museum has opened a new permanent Minerals Gallery featuring more than 1,800 specimens – some on display for the first time.
http://dlvr.it/Sf217K

US jewellery retail giant raises full-year guidance

US-based Signet Jewelers, the world’s largest retailer of diamond jewellery, has raised its full-year outlook after third quarter sales outperformed expectations.
http://dlvr.it/Sf214q

Rumours suggest Ivanov to depart Alrosa soon

The CEO of Russian mining company Alrosa, Sergei Ivanov, will step down soon according to reporting from Russian business media.
http://dlvr.it/SdyxZH

New trade agreement between Australia and India

Australian businesses will soon have the chance to take advantage of new trade opportunities following the passing of the Australia-India Economic Cooperation and Trade Agreement (ECTA).
http://dlvr.it/SdyxWw

De Beers extends sightholder contracts

The world’s largest diamond mining company, the De Beers Group, has extended exclusive sightholder contracts for an additional year.
http://dlvr.it/SdyxQX

JAA’s commitment to transparency tested by undisclosed relationship

Questions have been raised about an undisclosed commercial relationship between two of the five Jewellers Association of Australia (JAA) board members.
http://dlvr.it/Sdvb8f