De Beers production declines 3% in Q4 but guidance remains unchanged

De Beers’ rough diamond production has decreased by 3% to 7.9 million carats in Q4 2023, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations, partly offset by higher production from Botswana. Despite this, the group stated that production guidance for 2024 is unchanged…

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Royal Mint submits coins for Trial of Pyx

The Royal Mint has submitted 7,960 coins for testing at the UK’s oldest judicial ceremony, the Trial of the Pyx. The 700-year-old ceremony aims to protect consumers by upholding the quality of the nation’s coinage through rigorous testing. The process ensures that the coins produced by The Royal Mint meet…

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Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with a growth of 4.2% in January 2023, according to data from the British Retail Consortium (BRC). This was above the three-month average growth of 1.9% and below the 12-month average…

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Pandora named as UK’s most prominent jewellery brand in 2023

Pandora has been named as the UK’s most prominent jewellery and watch brand in 2023, with over 1.8 million brand searches per month and an owned social score of 46,122, according to Salience Search Marketing’s annual report. The report analysed 11 performance indicators, including year-on-year visibility, search volume trends, and…

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Royal Asscher announces Wolf collab

Royal Asscher Diamond Company has announced a collaboration with watch and jewellery storage grand Wolf. The collaboration features a jewellery box with a removable travel case, round and square travel zip jewellery cases with mirrors and storage for rings, pendants, earrings and bangles, The new collection also includes a jewellery…

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Maya Gemstones launches new Très collection

Maya Gemstones has launched its new Très collection which features three wheels, three meanings and conceptualised in the three days it took Olga Pekarevskaia, the brands founder, to complete Kailash Kora on her trip to Tibet and through the Himalayan mountains. According to Maya, the new collection channels “the power…

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Karina Krafts Ltd acquires key business assets from Potters London

Karina Krafts Ltd, a leading independent supplier of jewellery and gift and presentation packaging, recently announced the strategic acquisition of key business assets from Potters London. Karina Krafts, established in 1978, is known for providing high-quality packaging solutions throughout the UK and beyond. Potters brings 175 years of experience and…

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Cassia launches new Sunray Letter and Sunbeam Heart collection

British fine jewellery designer and goldsmith Cassia Smith-Bingham has just unveiled her stunning new Sunray Letter and Sunbeam Heart collection. Each initial pendant in the Sunray Letter collection is adorned with champleve enamel, hand engravings and diamonds. With a wide array of luxurious enamel colours to choose from – including…

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Jessica Flinn unveils chocolate engagement ring

Jessica Flinn has unveiled its latest creation, a chocolate engagement ring just in time for Valentine’s Day. The piece is crafted as a replica of an engagement ring, but entirely edible and crafted from the finest quality chocolate. The aim of the piece is to put a twist on the…

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De Beers reports first rough diamond sales of $370m

The De Beers Group has reported that its rough diamond sales for its first sales cycle amounted to $370m (£292.8m) as at 30 January 2024. The figures mark an increase on the $137m (£108.4m) sold in the final sales cycle of 2023, even though it is down from $454m (£359.3m)…

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