News
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May- 2018 -21 May
Human error could cost businesses ยฃ17.5m as GDPR looms
With the arrival of General Data Protection Regulation (GDPR) businesses who mishandle personal data will leave themselves open to a…
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18 May
Global consumer demand for jewellery hits new record high of $82bn
Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to US$82bn (ยฃ60.7bn), according to industry…
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18 May
Online retail jumps 19% in April
UK online retail sales went from strength to strength in April, up 18.8% year-on-year (YoY) according to the latest figures.…
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17 May
Gold and platinum hallmarking sees double digit increase
The number of gold and platinum pieces hallmarked in April 2018 increased significantly by 12.1% and 10.9% respectively, according to…
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17 May
Alrosa’s first quarter revenue and profits surge
Alrosa, the global leader in rough diamond production, has reported its revenue rose by 58% to ยฃ1.1bn driven by an…
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17 May
World Gold Council releases 30-year outlook on gold industry
The World Gold Council has launched a one-off essay collection titled โGold 2048โ, which analyses how the gold market is…
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16 May
The Farnese Blue Diamond sold for $6.7m at auction
The Farnese Blue, a 6.16-carat pear-shaped dark grey-blue diamond which has passed through the hands of four European royal families,…
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16 May
Mystery surrounds ownership of 57,227 UK companies
Around 57,227 British companies are still not complying with new measures brought in to counter fraud and money laundering, according…
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15 May
Phillips auctions historic white gold Omega wristwatch
Watch auction house Phillips has achieved a new world record for the highest result achieved for an Omega timepiece sold…
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15 May
Carats.io raises $1.6 Million in first financing round
Carats.io, an Israeli blockchain startup in partnership with the Israel Diamond Exchange, has raised $1.6m (ยฃ1.1m) in its first funding…
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