De Beers starts production at world’s largest new diamond mine

Gahcho Kué, the world’s largest new diamond mine in the last 13 years, has officially begun commercial production. The mine, a joint venture with De Beers Group (51%) and Mountain Province Diamonds (49%), is expected to produce approximately 54 million carats of rough diamonds over its lifetime. Production ramp up…

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Earliest example of Iron Age gold jewellery found in Staffordshire

The earliest example of Iron Age gold jewellery in Britain has been found in a farmland field in Staffordshire. The collection, which has been named the Leekfrith Iron Age Torcs, was discovered by two metal detectorists – Mark Hambleton and Joa Kania – just before Christmas. At an unveiling on…

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De Beers reports ‘good demand’ in second sales cycle of 2017

The De Beers Group of Companies has reported “good demand” for rough diamonds in its second sales cycle of the year. Provisional sales for the company’s second sales cycle of 2017 stood at $545m (£438m), although this was down on its first sales cycle of the year which sold rough…

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Watchfinder opens Canary Wharf store

Pre-owned luxury watch retailer Watchfinder has opened a new store in Canary Wharf, London, following a £5m funding package from HSBC. The funding is part of a larger investment in Watchfinder from HSBC, which aims to allow an “enhanced and increased range of luxury watch supply available to its online…

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Rapaport opens auction with more than 120,000 carats of diamond

Rapaport has opened its melee auction this week with more than 120,000 carats of diamond on offer. The auction offers a broad range of recycled and finely assorted premium quality diamond parcels in all shapes, qualities and sizes. The recycled diamonds are sourced from retailers, pawnshops and refineries from around…

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Bransom reports ‘high level of interest’ from J&W Show

Bransom Retail Systems has reported “high levels of interest” at the Jewellery & Watch Show for its new cloud-based mobile point-of-sale (mPoS) solution. Chris Garland, MD of the company, said its existing customers had shown a great deal of interest in adding the new mPOS tablet solution to their existing…

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Gold drags down January hallmarking figures

Gold hallmarking has continued to fall at the start of 2017, dragging down overall hallmarking figures for the month of January. Figures released by the four UK assay offices, and compiled by the Birmingham Assay Office, found there was a total of 266,613 gold articles hallmarked during the month –…

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Jewellery from best-selling author Jackie Collins to go under the hammer

Jewellery owned by the late best-selling author Jackie Collins is set to be sold at auction later this year. The collection of jewels will include a 6.04-carat diamond and platinum ring estimated at $100,000 (£80,000)-$150,000 (£120,000); an Art Deco diamond, emerald, stone and platinum necklace at $40,000 (£32,000)-$50,000 (£40,000); and…

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Forevermark passes 2,000 retail doors

Forevermark, the diamond brand from The De Beers Group of Companies, today announced it has passed 2,000 retail doors globally. The announcement follows the opening of the Zen Diamond Anatolium store in the city of Bursa in Turkey, with the brand saying the milestone consolidates its position as “one of…

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Goldsmiths unveils extension to Glasgow store

High street jewellery chain Goldsmiths has unveiled its extended Goldsmiths store in Glasgow, featuring a TAG Heuer shop-in-shop. The 1,200 sq ft store – located in the Buchanan Galleries shopping centre – features a TAG Heuer branded area with a variety of the brand’s latest styles and collections, including the…

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