Manufacturers

How to manufacture in the UK?

When I founded Augustine Jewels over 10 years ago, I searched around for manufacturing in England. I was determined that Augustine Jewels would be Made in Britain. I hope that the key learnings from that period might help others to manufacture in the UK. Step 1 – Manufacturing Strategy The…

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Petra Diamonds revenue spikes 49% to £194.65m

Petra Diamonds has announced its revenue surged 49% to $264.7m (£194.65m) in the six months ending 31 December 2021 (H1 FY22), compared to $178.1m (£130.9m) in the same period in 2020 (H1 FY21). The manufacturer said the increase is particularly driven by the sale of exceptional stones totalling $77.9m (£57.28m),…

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Alrosa FY21 diamond sales spike 50% to £3bn

Alrosa has reported its sales of rough and polished diamonds for FY21 reached $4.16bn (£3.03bn), up by 50% compared to 2020 levels and up 21% from 2019. The total includes proceeds from rough diamond sales of $3.97bn (£2.89bn), and polished diamond sales of $192m (£139.87m). Meanwhile, the group’s December sales…

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BlueRock Diamonds announces new CEO

BlueRock Diamonds PLC has announced that Gus Simbanegavi is stepping down from his board position as COO and CEO of the company’s subsidiary, Kareevlei Mining, to pursue other business interests, effective 1 March 2022. Meiring Burger will assume the role of CEO of Kareevlei Mining. In his new role, Burger…

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HB Antwerp launches Signum diamonds in the metaverse

HB Antwerp has announced the release of Signum, the new rough diamond brand, into the Metaverse community of Buns.land, NextDecade, with the launch of 12 diamond bunnies which sold out in under 3 minutes. Each bunny is also depicted next to a high-carat rough diamond, from which owners can reap…

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Petra Diamonds ​​sees Q3 sales up 30.7% to £96.7m

Petra Diamonds has announced its Q3 sales for FY22 totalled $128.3m (£96.7m), up 30.7% year-on-year compared to $98.1m (£73.9m) in Q3 FY21. The company’s Q3 results also increased by 11.6% compared to $114.9m (£86.6m) in Q1 FY22. Altogether, the sales combined to a total of $264.7m (£199.6m) year-to-date in FY22,…

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Alrosa diamond sales surge 71.7% to £2.95bn

Alrosa has reported its total rough and polished diamonds sales increased by 71.7% in the first 11 months of 2021, up to $3.91bn (£2.95bn) from $2.28bn (£1.72bn) in 2020. This total includes $3.73bn (£2.81bn) of rough diamond sales and $179m (£134.95m) of polished diamond sales. Meanwhile, the company’s rough and…

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Alrosa and AWDC renew cooperation agreement

Alrosa has announced a renewal of its cooperation agreement with the Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry. The objective of the agreement is to improve the scope and efficiency of the ties between Alrosa and AWDC, and to commit to supporting the diamond…

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Ntinga bolsters team amid growth plans

London based jewellery manufacturer, Ntinga, has announced the appointment of Lisa Davies as sales manager for the family business. In her new role, Davies will help to grow the business further amid the “continued success” Ntinga has had this year. Ntinga said Davies will develop the business and provide a…

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Dimexon launches new diamond offering for SMEs

Dimexon, a global diamond manufacturer, has announced the launch of a new service to offer diamonds to small and medium businesses that “historically never had access”.  Dimexon’s new offer is an online marketplace specialising in providing ethical, traceable ‘melee’ (small and uncertified) diamonds with no minimum order. The manufacturer said…

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