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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Jan- 2021 -26 JanuaryManufacturers
Mountain Province diamond sale totals £20.3m
Mountain Province Diamonds has announced that its latest diamond sale, which closed 22 January 2021, sold 241,827 carats for total proceeds of $27.8m (£20.3m), resulting in an average value of $115 (£84) per carat. Mountain Province Diamonds is a 49% participant with De Beers Group in the Gahcho Kué diamond…
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Dec- 2020 -17 DecemberNews
De Beers Group hits $440m in tenth sales cycle
De Beers Group has announced the value of rough diamond sales for the period 7 December to 16 December the tenth sales cycle of 2020 to be $440m (£323m), up from $426m (£313m) the year before. Despite the restrictions imposed by Covid-19during the period, De Beers said it has continued…
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Oct- 2020 -26 OctoberInternational
Rough diamond demand improves despite lower production, De Beers finds
De Beers has announced that rough diamond production fell by 4% to 7.2 million carats in its third quarter, driven by planned reductions in production to reflect the lower demand for rough diamonds amid the pandemic. It comes as Covid-19 related measures remain in place, according to the group, in…
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1 OctoberAuctions
Diamond auction set to break three world records
Sotheby’s Hong Kong is set to hold an “unprecedented” online auction of a 102.39 carat D Flawless oval diamond on 5 October. According to 77 Diamonds, the piece is expected to sell for tens of millions of dollars, without reserve, selling to the highest bidder irrespective of the price offered.…
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Jul- 2020 -16 JulyInternational
Diamond sales plummet at De Beers
Rough diamond sales at De Beers slumped by 96% to $56m (£44.6m) in the second quarter of the year, down from $1.3bn recorded the year prior. This was largely driven by lower volumes, which plunged by 97% to 300,000 carats in the prios, while prices also fell. It comes after…
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Jun- 2020 -23 JuneFeatures
Coronavirus: The jewellery industry’s story
At the time of writing, the UK’s embattled high street has been given a glimmer of hope, after prime minister Boris Johnson announced plans on 25 May to allow non-essential retailers to open by mid-June. The announcement will be welcome news for many jewellers who have struggled over the past…
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11 JuneE-Commerce
De Beers launches new e-commerce site
De Beers has announced the launch of a new “customer-centric” website, debeers.com, that is set to provide a “unique offering” among the fine jewellery industry. The e-commerce site will be available in English, French and Chinese, and will expand the group’s product selection that is available for purchase, including a…
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May- 2020 -28 MayEvents
Indian Fashion Jewellery and Accessories Show goes virtual
The Export Promotion Council for Handicrafts (EPCH), organisers of the Indian Fashion Jewellery and Accessories Show (IFJAS) have revealed that the show will now be held virtually. The event will take place online between 1 June and 4 June, and will provide “engaging online experiences” to visitors. The EPCH described…
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Apr- 2020 -29 AprilCoronavirus
De Beers Group donates $200,000 to women’s support organisations
De Beers Group revealed it has made a $200,000 (£160,000) donation to women’s shelters and support organisations across its four producer partner countries. The donations have been made to the organisations across Botswana, Canada, Namibia and South Africa in response to an increase in gender-based violence resulting from the ongoing…
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7 AprilCoronavirus
De Beers contributes £2m to Botswana and Namibia
De Beers Group has announced that it will contribute $2.5m (£2m) across Botswana and Namibia to aid the response to the ongoing coronavirus pandemic in these countries. The jewellery group said it is a “50/50 joint venture” partner with both Botswana and Namibia in the recovery and sorting of rough…
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