Canada
Canada plays an important role in the global jewellery trade as both a source of ethically mined materials, including diamonds and gold, and a market for UK jewellers and suppliers seeking international opportunities. With a strong focus on sustainability and responsible sourcing, Canada’s jewellery sector influences global supply chain practices and consumer expectations. Jewellery Focus covers Canada-related developments, from trade agreements and supplier connections to market trends and insights relevant to UK jewellery professionals engaging with this key region.
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Jul- 2025 -28 JulyManufacturers
De Beers rough diamond production falls 36% in Q2
De Beers Group has reported its rough diamond production in Q3 2025 decreased by 36% to 4.1 million carats, reflecting a planned production response to the prolonged period of lower demand. In Botswana, production decreased by 44% to 2.7 million carats, as a result of extended maintenance at Orapa, and…
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7 JulyManufacturers
De Beers unveils Essence of Nature: Chapter 2 collection
De Beers has unveiled Chapter 2 of its Essence of Nature high jewellery collection at Paris Haute Couture Week, presenting 25 of 42 total creations inspired by trees native to the countries where its diamonds are sourced. Chapter 2 introduces four sets, each inspired by a tree emblematic of one…
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Jun- 2025 -11 JuneManufacturers
De Beers CEO to attend Angola Ministerial Round Table
De Beers Group today announced that its CEO Al Cook will attend the Angola Ministerial Round Table on the promotion of natural diamonds, to be held in Luanda on 18 June 2025. The Round Table will bring together key stakeholders in the diamond industry to discuss the most effective approaches…
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May- 2025 -29 MayE-Commerce
Dialog and Kunming Diamonds to launch collaboration at JCK 2025
Dialog Solutions and Kunming Diamonds have announced a new collaboration to have Kunming Diamonds’ natural yellow diamonds on the Dialog platform. The program will launch with a curated selection of natural yellow diamonds ranging from 0.70 to 5.00 carats, featuring the most attractive sizes, shapes, and qualities, each GIA-certified and…
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8 MayRetailers
Pandora lowers profit guidance amid tariff fears
Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from 24.5%. The retailer cited currency fluctuations and ongoing uncertainties around US trade tariffs as key factors behind the reduction in its margin expectations. Despite this, the company saw its sales…
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Apr- 2025 -28 AprilManufacturers
De Beers rough diamond production falls 11% in Q1
The De Beers Group has reported its rough diamond production in Q1 2025 decreased by 11% to 6.1 million carats, reflecting the continued production response to the prolonged period of lower demand. In Botswana, production decreased by 8% to 4.6 million carats, as a result of the planned actions to…
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7 AprilRetailers
US tariffs to cost Pandora up to £137m annually
Pandora has announced that the recent US decision to impose tariffs on imports from several countries will affect the group, with a potential gross impact of around DKK 1.2bn p.a. (£137.6m), particularly in relation to products shipped to the US from Thailand, as well as from Vietnam, India, China, and…
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Feb- 2025 -21 FebruaryManufacturers
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction in rough diamond sales to $2.7 billion (£2.13bn). The consequential impact of lower sales volumes, a lower average price index and higher unit costs resulted in an underlying EBITDA of…
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14 FebruaryManufacturers
January diamond prices drop in slow market
The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport’s RapNet Diamond Index. Diamond prices declined, with some improvement in 0.30- to 0.50-carat, and 1 carat diamonds — reflecting round D to F, IF to VVS2 goods, which saw a 0.4%, 0.6% and 2.3%…
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11 FebruaryManufacturers
De Beers lowers production guidance amid challenging trading conditions
De Beers Group has lowered its production guidance for 2025 to 20–23 million carats (previously 30-33 million carats), reflecting the challenging rough diamond trading conditions. Although rough diamond sightholder sales for the quarter improved to 4.6-million carats for $543m (£437.1m) in revenue, compared with the 2.8-million carats sold for $230m…
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