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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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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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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19 JanuaryManufacturers
Alrosa to maintain zero buyout obligations
Alrosa has announced it will maintain its zero buyout obligation on goods allocation for the seventh consequent month. Seeing the diamond industry’s long-term health and stability as a priority, the company said it will keep fully flexible trading conditions for its long-term clients during the first trading session of 2021.…
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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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15 JanuaryRetailers
Just Diamonds sees 8% year-on-year rise in turnover
Just Diamonds has announced an 8% year-on-year rise in turnover in the second half of 2020 compared with the same period last year. The company supplies high-quality ring mounts, finished jewellery and mainly bespoke items to customers upon request. The Birmingham-based jewellery supplier said it made the decision to supply…
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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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13 JanuaryManufacturers
Green Rocks Created Diamonds becomes first lab grown grower
Green Rocks Created Diamonds has announced it is the first laboratory grown grower in the world, according to the Gemmological Institute of America’s (GIA) new laboratory grown diamond report. GIA’s report reveals whether the diamond was created by HPHT or CVD, and is the first report which notes whether the…
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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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