Headlines

China Slashes Import Tariffs on 18 Jewelry Categories

China is reducing import taxes on jewelry, as part of tariff reductions on a wide range of consumer goods, from July 1.

ABN AMRO Says Lightbox Aimed at Protecting Revenues From Mined Diamond Sector

ABN AMRO Bank, which has long been a major financier of the diamond and jewelry trade, has issued a detailed report on De Beers' decision to launch a laboratory-grown diamond jewelry brand called Lightbox.

Did Angola Lose $464M Due To Diamonds Being Sold To 'Preferential Buyers'?

Angola has lost around $464 million over the past six years due to a government-imposed marketing system that saw the diamonds allegedly sold to politically connected figures close to former President Jose Eduardo dos Santos.

Zimbabwe Parliamentarians Drop Mugabe Diamonds Inquiry Summons

Zimbabwe’s lawmakers have dropped a demand that former president Robert Mugabe appear before them to answer questions about diamond mining operations during his time in office and the fate of huge revenues not received by the government.

ALROSA Auctioning Large Diamonds In Dubai

ALROSA is holding an auction of special size rough diamonds weighing over 10.8 carats in Dubai from May 27 to June 14.

Leo Schachter: Kalahari Dream Helping Jewelers Connect With Millennials

Two villages near the Leo Schachter factory in Botswana now have a direct, consistent, and sustainable water system, funded by Leo Schachter Diamonds and Borsheims’ Kalahari Dream sales.

Chinese Platinum Bridal Jewelry Buying Surging, Says PGI

Platinum Guild International (PGI) has published the findings of its 2017 Platinum Jewellery Business Review revealing that wedding markets around the world have become strongholds for platinum jewelry across China, Japan, the U.S. and newly emerging in India.

De Beers Launching Lab-Grown Diamond Jewelry Brand

De Beers is to launch a company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September. It will offer consumers high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings.