Carat
Carat weight remains a defining factor in the value and appeal of diamonds and other gemstones, making it a key consideration for professionals across the jewellery trade. For UK jewellers, designers, and wholesalers, staying informed on how carat trends influence pricing, consumer demand, and supply chain decisions is essential. Jewellery Focus offers in-depth coverage on carat-related topics, including market analysis, consumer education, pricing strategies, and insights into the ethical sourcing of larger stones. Our reporting helps trade professionals navigate this critical aspect of the gemstone and diamond market.
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Jan- 2021 -29 JanuaryProduct Launches
Hublot launches limited edition Big Bang Tourbillon Automatic series
Hublot has launched 50 limited edition pieces of the Big Bang Tourbillon Automatic series with through-tinted orange sapphires. The watchmakers has reinterpreted the Big Bang Sapphire Tourbillon in an orange shade, achieved through the incorporation of titanium and chromium in the manufacturing process. Unlike traditional tourbillon movements, equipped with manual…
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28 JanuaryProduct Launches
Robinson Pelham launches Arcadia Beads collection
Robinson Pelham has launched the Arcadia Beads collection for a starting price of £490. The jeweller was founded in 1997 by friends when they met within the jewellery community. For 16 years, the trio worked from their Pimlico Atelier, solely on bespoke and private commissions for their clients. In 2012,…
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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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25 JanuaryManufacturers
HB Antwerp hires Eco-Age for sustainability strategy
HB Antwerp has appointed Eco-Age, sustainability and communications agency, as its retained agency for 2021 to manage strategic partnerships and communications for the business. Established in 2020, HB Antwerp specialises in the procurement of high value rough diamonds and has set up “exclusive partnerships” with some of the world’s leading…
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25 JanuaryEconomy
Lucapa revenue drops 42% in Q4
Lucapa Diamond Company has seen its revenue drop significantly in the fourth quarter as the miner delayed sales while it negotiated a partnership with manufacturer Safdico. Overall, revenue for the year fell by 42% to $32.1m (£23.4m). Sales from Lulo fell 32% year on year to $6.6m (£4.6m) for the…
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22 JanuaryInternational
Alrosa posts strong recovery due to holiday sales
Alrosa has reported a sharp increase in sales in the fourth quarter of 2020 due to strong demand during the holiday season. The company announced that revenue from rough diamonds has increased by 29% year-on-year to $1.14bn (£834bn) as a release of pent-up demand allowed the Russian miner to sell…
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20 JanuaryManufacturers
Petra Diamonds revenue slides 8%
Petra Diamonds saw revenue fall by 8% to $178.1m (£130m) in the first half of 2020, down from $193.9m (£) the previous year, attributed to the continuous impact of Covid-19. The group sold 1,712,797 carats in 2020, which was marginally less than in 2019, when 1,743,807 carats sold. In 2020,…
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18 JanuaryManufacturers
Lucara recovers 341 carat diamond from Botswana mine
Lucara has announced the recovery of an unbroken 341 carat top white gem quality diamond from its Karowe Diamond Mine in Botswana. The diamond was reportedly recovered over the holiday period from the milling of ore sourced from the south western quadrant of the South Lobe M/PK(S) unit. The recovery…
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13 JanuaryRetailers
BlueRock production increases 10% in 2020
BlueRock has announced that in 2020 the number of carats produced increased by 10% to 15,371 carats from 14,033 carats in 2019, despite the Kareevlei Diamond (KVD) mine being closed due to Covid-19 for a period of 50 days. The company’s processed tonnes increased by 25% to 402,000 tonnes from…
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12 JanuaryRetailers
Lucapa’s Mothae diamonds sell for £4.1m
Lucapa has announced that a parcel of 4,676 carats rough diamonds from the Mothae kimberlite mine were sold for a total of $5.6 million (£4.1m). The diamond sale marks the largest carat price received from the Mothae mine in its history with the company. The sale included a number of…
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