International
Jewellery industry news from around the world.
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Aug- 2021 -24 August
Madestones achieves carbon neutrality
Madestones, the lab-grown diamond company, has announced that the group is now certified as carbon neutral. Provided by CO2-logic, the label has been validated by the international independent certification body Vinçotte. In addition to the label, the process for gaining certification complied with PAS 2060, which sets requirements for achieving…
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Jul- 2021 -29 July
Alrosa commits £155m to ESG initiatives in 2020
Alrosa, the global diamond company, has revealed its social and environmental investments totalled $216m (£155m) in 2020. The investment represents approximately 8% of the group’s total revenue for the year, and consisted mainly of social commitments. Some $141m (£101m) was contributed towards pension funds under non-state insurance programmes for employees,…
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14 July
HB Antwerp establishes training academy
HB Antwerp has announced the launch of a state-of-the-art training and knowledge centre for diamond specialists and jewellers, HB Academy. Based in Antwerp, the academy will feature training for prospective diamond specialists, courses for jewellery retailer customer-facing representatives, and an internal continual education programme for the group’s employees. Moreover, a…
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Apr- 2021 -12 April
Fuli Gemstones to feature in Hainan jewellery convention
Fuli Gemstones has announced that it will participate in the Hainan International Convention and Exhibition Center show from 7 to 10 May 2021. The fair will bring together well-known luxury companies from around the world to display an array of jewellery and gemstones. The exhibition will focus on fashion, jewellery,…
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7 April
De Beers sees third cycle rough diamond sales slowdown
De Beers Group has announced a provisional value of rough diamonds sales of $440m (£318.2m) for the third sales cycle of 2021. The sales comprise both global sightholder sales and auctions, and represents a $440m (£318.2m) rise from 2020’s actual third cycle sales of £0. However, the figures show a…
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Mar- 2021 -23 March
Informa Markets Jewellery and IEG launch Dubai trade show
Informa Markets Jewellery and the Italian Exhibition Group (IEG) have announced a joint venture to launch a new jewellery trade show in Dubai. The first edition of The Jewellery, Gem & Technology (JGT) show will debut from 22 – 24 February 2022 at the Dubai World Trade Centre. David Bondi,…
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8 March
De Beers extends UN Women partnership
De Beers Group has announced the extension of its global partnership with UN Women for a further five years, as it works towards achieving gender parity across its workforce by 2030. The group will now join the newly-formed HeForShe Alliance and said it is committed to increasing the representation of…
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3 March
Alrosa revenue doubles in Q4
Alrosa has announced that revenue in its fourth quarter doubled to RUB 98.6bn (£512m), a 53% rise against the prior year, on the back of “strong” demand recovery towards the year-end. For its full-year of trading, revenue was down only 7% RUB 221.5bn (£2.1bn). Net profit also increased in the…
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Feb- 2021 -26 February
Anglo-American reports 27% decline in revenues
Anglo-American has reported a 27% decline in revenues in its preliminary financial results for 2020. The rough diamond mining company saw revenue drop from $4.6bn (£3.3bn) in 2019 to $3.4bn (£2.4bn) last year. Furthermore, Anglo-American’s sales fell by 30% over the same period, dropping to $2.8bn (£2bn), as the company…
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10 February
Alrosa diamond sales total £310m in January
Alrosa has announced that the sales of rough and polished diamonds totalled $430m (£310m) in January, in its latest set of preliminary results. Its latest results included proceeds from rough diamond sales of $421m (£304m), and polished diamond sales of $9m (£6.5m). Evgeny Agureev, deputy CEO of Alrosa, said: “January…
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