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May- 2016 -9 MayCurrent Affairs
Lucara sells rough diamond for record-breaking ยฃ43.5m
Diamond production firm Lucara has announced it has achieved the highest price ever achieved for the sale of a rough diamond. The 812.77-carat type IIa rough diamond, which was recovered from the Karowe mine in Botswana in november last year, has been sold by the company for $63m (ยฃ43.5m). As…
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6 MayCrime
Jewellery store manager recalls moment she chased off knife-wielding raiders
The manager of a jewellery store in Hampshire chased off two armed robbers after they tried to smash their way into the open store. The attempted smash-and grab took place at 10:50am on Wednesday, 27 April, at David Mellor Jewellers in Andover, when the two offenders approached the store on…
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5 MayRetailers
W.E Clark & Son earns accreditation as Living Wage employer
Sussex-based jewellery retailer W.E Clark & Son has announced it has officially been accredited as a Living Wage employer. The Living Wage commitment will see everyone working at the company – regardless of whether they are permanent employees or third-party contractors – receive a minimum hourly wage of ยฃ8.25. This…
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5 MayAuctions
Largest rough diamond discovered in 100 years could fetch ยฃ48m at auction
The largest rough diamond to be discovered in over a century could sell for more than $70m (ยฃ48m) at a Sotheby’s auction. The 1109-carat โLesedi la Ronaโ – the largest gem-quality rough diamond to be discovered in over a century and the largest rough diamond in existence today – will…
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4 MayCrime
Five arrested after smash-and-grab raid at shopping centre jewellers
Five men have been arrested after an attempted smash-and-grab raid at two jewellery stores in a North London shopping centre. Officers from the Metropolitan Police were called to the smash and grab raid at around 02:30am on Wednesday, 4 May, at Brent Cross shopping centre. It is believed that a…
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3 MayEconomy
Polished diamond prices dip in April
Polished diamond trading slowed in April due to sluggish demand at the start of a seasonally-quiet period, according to the Rapaport Group. The groupโs RapNet Diamond Index (RAPI) found the price of 1ct, GIA-graded diamonds, slipped 0.3% in April, while the price of 0.3ct and 0.5ct diamonds fell by 1.3%…
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Apr- 2016 -29 AprilRetailers
Allum & Sidaway appoints new jewellery design director
Jewellery retailer Allum & Sidaway has announced the appointment of Ivonna Poplanska as its new jewellery design director. A multi-award winning designer, Poplanska has had a 10-year career working on numerous bespoke commissions including the creation of the ‘The Eternal Dove’ brooch for Queen Elizabeth II, which was presented in…
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28 AprilCrime
VIDEO: Man steals Rolex watches worth ยฃ28,000 from a Manchester jewellers
A man posing as a customer ran out of a jewellers in Manchester with two Rolex watches, valued at around ยฃ28,500. The man was caught on CCTV walking into a jewellery store in Manchesterโs Arndale Centre on Saturday, 19 March, at around 6:35pm as he posed for a customer. The…
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28 AprilEconomy
Retail employment figures show sharpest decline since 2014
The number of full-time retail jobs in the first quarter of 2016 was down 0.9% compared with the same period last year, according to new data released today. The British Retail Consortium (BRC) and Bond Dickinsonโs latest Retail Employment Monitor found that the job decline in the retail sector was…
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27 AprilEvents
Industry financing to top agenda at World Diamond Congress
โCriticalโ information on financing for the diamond industry will be at the top of the agenda at the 37th World Diamond Congress to be held in Dubai on 16-19 May. The biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) will have…
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