Diamond
Diamonds remain the cornerstone of the global jewellery trade, shaping trends and driving consumer demand across all market segments. For UK jewellers, designers, wholesalers, and manufacturers, staying informed about developments in the diamond sector is critical to navigating supply chain dynamics, pricing fluctuations, and shifting consumer preferences. Jewellery Focus provides comprehensive coverage of the diamond industry, including market analysis, ethical and lab-grown alternatives, regulatory changes, and insights into sourcing and sustainability. From the latest trends in diamond jewellery to updates from major producers and distributors, our reporting equips trade professionals with the knowledge to make informed commercial decisions.
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Jun- 2016 -28 JuneEconomy
Rough diamond demand stable in fifth sales cycle, says De Beers
The De Beers Group of Companies has announced rough diamond demand is stable in its latest sales cycle. Provisional sales for the company’s fifth sales cycle of 2016 stood at $560m (£420m). This was down on the $636m (£473m) raised in its fourth sales cycle of the year, but De…
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21 JuneManufacturers
Stephen Betts Group acquires Unity Wedding Bands
Precious metal specialist Stephen Betts Group has announced the acquisition of wedding band manufacturer Unity Wedding Bands. The sale will put Betts Metal Sales (BMS) in full control of all aspects of the manufacturing process for its wedding rings, as well as bringing a dedicated team of skilled, innovative designers…
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21 JuneCurrent Affairs
Petra recovers 121.26-carat white diamond
Mining firm Petra Diamonds has announced the recovery of a 121.26-carat white diamond from its Cullinan mine in South Africa. The stone is a type II diamond of ‘exceptional colour and clarity’ and is an example of the large and high-quality diamonds the mine is known. The largest rough diamond…
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20 JuneEvents
Benjamin Pritchard receives Goldsmiths’ Young Apprentice of the Year award
Former Goldsmiths’ apprentice Benjamin Pritchard has been named the Goldsmiths’ Young Apprentice of the Year. The medal, which Pritchard picked up from Princess Anne, the Princess Royal, at the Prince Philip Medal Awards Ceremony at Buckingham Palace, depicts the leopard head of the Livery Company’s coat of arms and was…
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13 JuneCrime
Five jailed over £7m Monopoly money scam on jewellery stores
A gang of conmen who used Monopoly money to trick jewellery store owners as part of a £7m scam have been sent to jail for a combined total of 22 years. The sentencing follows an investigation into organised frauds, including an elaborate fraud in Bristol where a jeweller lost £420,000…
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10 JuneAuctions
Blue diamond sells for record-breaking £17.5m
The Cullinan Dream has sold at auction for $25.3m (£17.5m), making it the most expensive fancy intense blue diamond to have ever gone under the hammer. The 24.18-carat diamond – sold at Christie’s Magnificent Jewels & The Cullinan Dream auction in New York on Thursday 9 June – is named…
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7 JuneEconomy
Polished diamond prices dip in May
The price of polished diamonds declined slightly in May as buyers waited for the JCK Las Vegas show, which took place between 3 to 6 June. Despite this, the Rapaport Group’s RapNet Diamond Index (RAPI) said trading at the show was “relatively weak” with slower traffic than in previous years.…
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2 JuneAuctions
‘Aurora Green’ sells for record breaking £11.7m
The 5.03ct ‘Aurora Green’ diamond has gone under the hammer for $16.8m (£11.7m) – a world auction record for a green diamond. The rectangular-cut fancy vivid green diamond was sold at Christie’s Hong Kong Spring Sales of Magnificent Jewels for more than $3.3m (£2.3m) per carat. In total, the auction…
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May- 2016 -31 MayQ&A Sessions
Company Q&A: Betts Metals
Following the company’s acquisition of Sutton Tools, we stopped by the company’s base in Birmingham and spoke to Rosannah Fellows, operations and marketing manager, to find out more. Give us a quick summary of Betts Metals’ history. Betts Metal Sales is a member of the Stephen Betts Group. The original family…
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31 MayTrade Organisations
WFDB launches Young Diamantaires programme
The World Federation of Diamond Bourses (WFDB) has launched the Young Diamantaires programme at its recent 37th World Diamond Congress in Dubai. The project, which came out of discussions held by the WFDB’s Promotion Committee, aims to promote ongoing communications between younger diamond industry members and reaching out to new…
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