JEWELLERY ZONE

  Kisna’s 1st showroom in Gujarat & 23rd across India   Kisna Diamond & Gold Jewellery, a leading name in the Indian jewellery industry, continues its strategic expansion with the opening of its exclusive showroom in the vibrant city of Ahmedabad, Gujarat.   This launch marks Kisna’s 1st exclusive showroom in Gujarat and 23rd across India. With this expansion, Kisna further solidifies its commitment to provide unparalleled craftsmanship and timeless elegance to customers nationwide. The event was honoured by Padmashri Savjibhai Dholakia, Founder and Chairman, Hari Krishna Group, Ghanshyam Dholakia, Founder & M.D, Hari Krishna Group along with Parag Shah, Director-Kisna Diamond & Gold Jewellery. Kisna's presence in Mani Nagar, Ahmedabad, extends beyond mere retail operations; it represents a commitment to engaging with the local community, understanding their unique preferences, and forging lasting relationships built on trust and satisfaction. Renowned for

  SRK sustainability & community welfare in India   In August 2014, in a countrywide address delivered just months after being elected to his first term as prime minister of India, Narendra Modi promised to provide electricity to all the nation’s villages within 1,000 days. “The country can’t wait any longer,” he stated. At the start of that year, still 15 percent of Indian towns and villages did not have any access to a power grid. Less than four years later, Modi declared that the goal had been met, reporting that that every single village of India now had access to electricity. “The lives of many would be transformed forever,” he said. It was an impressive achievement indeed, but it still did not mean that every Indian was able to plug into an electric socket – for a village was formally considered electrified if only 10 percent of the households in it were hooked up to the grid. But a diamond company & WDC Members, Shree Ramkrishna Exports (SRK) in a making a di

  The Election Season India, Impacted Gold Consumption   On 19 April India begins its seven-phase general election that will last 44 days and conclude on 1 June. Gold consumption tends to be impacted during the election season as there is heightened scrutiny on the movement of cash, gold, and jewellery. Anecdotal evidence suggests that the various industry stakeholders (bullion dealers, manufacturers, and jewellers) limit their transactions during this time. Data shows that gold consumption has fallen during three of the last four general election periods with a decline in demand for both jewellery (comprising over 70% of Indian consumer demand) and bar and coin. We did see a rise in gold consumption during the 2019 election season, but this was linked to the higher number of auspicious days and a softening of gold prices. The bottom line here is that political events likely will have gold price repercussions this year. Despite the country’s size and importance, India’s electi

  Red 5 gold production of 50K Oz in March 2024   Red 5 fourth consecutive quarter over 50koz with 50,132 ounces produced & positioned to deliver at the top end of FY24 production guidance of 195,000 - 215,000 ounces. According to the March 2024 Quarterly Report gold sales of 49,726 ounces (Dec Qtr: 53,087 ounces) at an average realised price of A$2,719/oz (Dec Qtr: A$2,619/oz). Quarterly gold production of 50,132 ounces (Dec Qtr: 53,018 ounces) at an all-in sustaining cost (AISC) of A$1,926/oz (Dec Qtr: A$2,328/oz). Year-to-date production for FY24 is 158,158 ounces at an AISC of A$1,982/oz. Red 5’s fourth consecutive quarter exceeding 50koz positions the Company to deliver at the top end of FY24 production guidance of 195,000 - 215,000 ounces and within its AISC guidance of A$1,850 - A$2,100/oz. Consistent production and cash generation underpins a decision to increase the growth capital spend to $50-53 million for FY24, primarily on accelerated waste stripping in Stage

  Burgundy recovered 1.15mn cts in 1Q, 2024   Burgundy Diamond Mines provided its financial and operating results for the first quarter (Q1 2024) ended March 31, 2024. Burgundy maintained a robust EBITDA of $26 million, up 49% from Q1 2023 and recorded record revenues of $117 million. “The opening quarter of 2024 represents our third period in charge after our Arctic Canadian Diamond Company acquisition in June last year, and we are pleased with the number of improvements made in less than eleven months of ownership,” said Kim Truter, Chief Executive Officer at Burgundy Diamond Mines. “We remain focused on three key points, including meeting our mining targets, operational optimisation, and mine life extension; and I believe we have delivered on this already. As the diamond market strengthens, we are enviably positioned to benefit – this will mark an exciting time to be a Burgundy shareholder.” First quarter highlights (three months ended March 31, 2024) are, 1: Carats recove

  32 571 Carats sold in the Q1 by Gem Diamonds   Gem Diamonds provides the following Trading Update detailing the Group’s operational and sales performance from 1 January 2024 to 31 March 2024 (Q1 2024). Overall 30 506 Carats of diamonds recovered in Q1, 2024 & 32 571 Carats sold in the Q1 2024. Gem Diamonds achieved US$ 1 321 per carat show a growth of 3% YoY. Gem Diamonds, Q1 2024 also witnessed the highest price achieved in the Period was US$39 345 per carat for a 113.11 carat white diamond. 5 diamonds sold for more than US$1.0 million each, generating revenue of US$18.6 million during the Period. Three greater than 100 carat diamonds were recovered and sold during the Period. Post period end a 169.15 carat white type II diamond was recovered & all operational and financial metrics are trending within market expectations for 2024.  

  Rolex open reimagined Southampton Showroom   Rolex and Laings said, we are delighted to announce the opening of the reimagined Rolex showroom in Laings Southampton. The new showroom offers professional expertise in an elegant setting, one that promotes a sense of harmony, discretion and intimacy with the brand. Southampton Store Manager, Andy Andreou, said, "We are excited to invite our clients into the newly reimagined Rolex showroom in Southampton, delivering the highest quality and service that are fundamental to both Rolex and Laings. The showroom further elevates our clients’ experience, and parallels the impeccable watchmaking delivered by Rolex." One showroom, a whole Rolex world; every element of the interior design features the elegant Rolex aesthetic and radiates the values of the Rolex crown. Excellence, precision and attention to detail emanate from the careful calibration of colours and patterns in the fittings and furnishings. Discovering Rolex in a

  Elevate everyday style Contemporary jewellery   In anticipation of Akshaya Tritiya, Tanishq, India's leading jewellery brand under Tata, presents GlamDays, a captivating collection of modern daily wear jewellery influenced by global designs. This collection blends sophistication with contemporary flair, promising to enhance your day-to-day fashion and become a cherished addition to any woman's wardrobe. With over 10,000 distinct designs available, GlamDays empowers you to #MakeEverydaySparkle by crafting a fresh and stunning look each day. Tanishq will also organize interactive styling sessions at selected stores, where customers can receive personalized advice from expert stylists to discover the perfect pieces that suit their individual style and persona. Drawing inspiration from various international designs, GlamDays redefines everyday elegance with its stylish and versatile jewellery, seamlessly transitioning from morning to night. Whether it's delicate flor

  Kisna’s 5th exclusive showroom open up in Delhi   Kisna Diamond & Gold Jewellery, a leading name in the Indian jewellery industry, continues its strategic expansion with the opening of its exclusive showroom in Kabir Nagar, Shahdara-New Delhi.   This launch marks Kisna’s 5th exclusive showroom in Delhi and 22nd across India. With this expansion, Kisna further solidifies its commitment to provide unparalleled craftsmanship and timeless elegance to customers nationwide. The event was honoured by Ghanshyam Dholakia, Founder & MD, Hari Krishna Group along with Parag Shah, Director Kisna. Kisna's presence in Kabir Nagar, Shahdara extends beyond mere retail operations; it represents a commitment to engaging with the local community, understanding their unique preferences, and forging lasting relationships built on trust and satisfaction. Commenting on the launch, Ghanshyam Dholakia, stated, " With the opening of our exclusive showroom in Kabir Nagar, Shahdara, Ne

  RJC voting will open from May 1st Our Annual General Meeting will take place on June 6th at 1pm BST with nominations open from March 28th until 6pm BST on April 26th. Voting will open from May 1st to June 3rd and LUMI is communicating unique member log-in information to all members, with the next email going out on the 25th April. All members can participate in the AGM via the LUMI portal, and the same log-in information can be used to access the portal for the AGM. The Forums open to nominations are, (1) Diamond, gold and/or platinum group metals producer, (2) Diamond trader and/or cutter and polisher, (3) Gold and/or platinum group metals trader, refiner hedger, (4) Jewellery manufacturer or wholesaler, (5) Service industries & (6) Trade associations. Another point of focus is COC & COP Open Consultation where EJC said, with the CoC and COP both open for consultation, we’re asking all relevant stakeholders to provide their feedback on the proposed changes. We have l

  GN Diamond offers over 9K LGDs in various sizes   It’s clear that lab-grown diamond jewelry, especially in various colors, sizes, and shapes, is becoming a prominent trend, and GN Diamond is helping retailers tap into this growing market. Intensity, sparkle, vivid pink, fancy blue… there is nothing like the uniqueness of highly, concentrated, colored diamonds! GN Diamond is now stocking gorgeous, lab created pink diamonds and fancy blue diamonds in a variety of shapes like baguettes, cushions, emeralds, marquise, ovals, pears, princess, radiants, and rounds! Breakthrough technology has been able to create these pink and blue and green lab created diamonds where the color is evenly saturated throughout the entire diamond. Unique Lab-Grown Diamond Jewelry: Retailers can set themselves apart from competitors by offering lab-grown diamond jewelry in a range of colors, shapes, and sizes, such as bubblicious pinks, ocean blues, and vivid greens. This diversity allows for the creati

  SML produces 30,585 carats diamonds in 2023! Recently Lucapa released their 2023 report! Lucapa is a diamond mining company listed on the ASX with activities spanning exploration, production, rough sales and the downstream value-adding activities of cutting & polishing. The board and management team have deep experience across all facets of the diamond industry. Lucapa has stakes in two operating diamond mines, one near-term development project and several exploration ventures. Lucapa’s flagship project is its 40% stake in the Lulo alluvial mine in Angola (SML). It also has a 70% stake in the Mothae kimberlite mine in the Kingdom of Lesotho. In 2021, Lucapa completed the 100% acquisition of a third project, Merlin, a near-development project in the Northern Territory of Australia. Development options for Merlin are currently being considered. The Lulo alluvial mine in the Lunde Norte region of Angola is globally renowned for recovering high-quality, large diamonds including

  Gabriel brings Signature Bujukan Collection!   For those in the know, Bujukan is a martial art that originated in Indonesia. What sets it apart are a series of fluid and dynamic movements, focusing on a blend of strikes, joint locks, and agility. Now, imagine these characteristics in a piece of jewelry – jewelry that doesn’t just adorn the body but also speaks to the soul. The end result is nothing short of stunning.   Bujukan captures the essence of gentle persuasion, the art of subtle influence, ensuring that every element, from the graceful curves to the polished finish, speaks to a deep-seated serenity and an organic, sensual allure. Gabriel & Co. has introduced these very elements through a stunning beaded collection aptly called ‘Bujukan,’ perfect for functional daily wear with a minimalistic contemporary appeal. It is the perfect gift for your mother-chic and coveted whether worn on its own or layered with another of our favored pieces   When you gift your mot

  The collections epitomize the brand’s dedication   Everlee Jewelry, a jewelry brand under the umbrella of Ofer Mizrahi Diamonds, is set to debut three new fashion collections at the upcoming Luxury by JCK show. Known for the use of lab diamonds in fashion jewelry, Everlee’s latest creations promise to captivate with their avant-garde designs and incorporation of a semi-precious gemstone.   As one of the select lab diamond focused jewelry brands at Luxury by JCK, Everlee embodies a modern design ethos and delivers added value for retailers. The new collections epitomize the brand’s dedication to trend-forward aesthetics, making them a must-see for attendees seeking the latest in lab diamonds and diamond fashion jewelry.   “We are thrilled about the newest collections launching at JCK!” said Ahna Shmuel, brand director at Everlee Jewelry. “Our designs are distinctly different from what you currently see in the lab grown finished jewelry arena, we intentionally break away fr

  Augmont delighted to partner with Zepto!   India's No 1 Gold Platform, run by Augmont Gold For All, recently announced that they are all set to enter into a new partnership with online portal Zepto , making their gold and silver coins now available through their platform. This collaboration marks a significant milestone for Augmont Gold For All in expanding their digital footprint and making their products more accessible to our customers.   Through this strategic partnership, the brand aims to bring more value and ease to its customers. Probable customers can now buy 1gm & 0.5gm gold coins, and 10gm silver coins effortlessly on Zepto, suitable for different needs and budgets.   Furthermore, with the auspicious occasion of Akshaya Tritiya being just round the corner, will all the more heighten this association. Buying gold on Akshaya Tritiya is said to symbolise wealth and success that will be appreciated over time.     This tie-up with Zepto will enable proba

  Converge brings together AGS Conclave & GIA Symposium   Two leading gem and jewelry industry events will come together in September 2025, offering insight into cutting-edge gemological research, education, training and opportunities for gem and jewelry professionals to network on a global level.   Converge, to be held September 7-10, 2025, will unite Conclave, the American Gem Society’s (AGS) premier annual educational and networking event, and Symposium, GIA’s (Gemological Institute of America) industry-leading research and education gathering held every five to seven years, into one powerful event. “Combining GIA’s strengths as a leader in education, science and pioneering research with AGS’s focus on professional development, business resources and networking provides a unique opportunity to advance our shared mission to protect consumers and to serve the international gem and jewelry community,” said AGS CEO Katherine Bodoh.   “This joint event will blend the b

  Mountain Province sold 938,310 carats in 1Q   Mountain Province Diamonds announces production and sales results for the first quarter ended March 31, 2024 from the Gahcho Kué Diamond Mine. Q1 Production Takeaways say, 1: 1,264,887 carats recovered, 4% lower than last year's comparable quarter (Q1 2023: 1,319,603 carats), 2: Average grade of 1.57 carats per tonne, a 9% decrease relative to Q1 2023 (1.72 carats per tonne), 3: 1,946,856 ore tonnes mined, a 355% increase relative to last year's comparable quarter (Q1 2023: 427,925 ore tonnes mined) & 4: 805,557 ore tonnes treated, a 5% increase relative last year's comparable quarter (Q1 2023: 766,786 tonnes treated). Gazing Q1 Sales Results, Mountain Province report, during the quarter 938,310 carats were sold for total proceeds of $89.4 million (US$66.1 million), resulting in an average price of $95 per carat (US$70 per carat). These results compare to Q1 2023 when 961,024 carats were sold for total proceeds of $

  Star diamond launches the Diamond Passport for G7   Star Diamond Corporation, a Canadian corporation engaged in the exploration, acquisition and development of diamond properties, and Minespider, a leading traceability platform for tracking minerals and raw materials, announced that they have partnered to launch the Diamond Passport and comply with the new G7 (Canada, France, Germany, Italy, Japan, United Kingdom and United States) rules.   Recently, the G7 countries have put a direct ban on Russian diamonds and agreed to establish a verification and certification mechanism for rough diamonds to prove the origin to ensure diamonds are not mined, processed, or produced in conflict zones. Having over 6 years of traceability experience with companies like Google, Minsur, LuNa Smelter, and others, Minespider introduced its own Diamond Passport in March this year. The Diamond Passport contains all key information about the diamond, including its provenance data, the diamond’s u

  The AEO status extended to the GJ sector: GJEPC The Gem & Jewellery Export Promotion Council (GJEPC) announces a significant milestone for the Gem and Jewellery (GJ) industry in India. Following extensive efforts by the GJEPC in collaboration with the Ministry of Finance, the Authorized Economic Operator (AEO) status is now being extended to the gem and jewellery sector. The AEO program was introduced as pilot project in 2011 vide Circular No. 37/2011 – Customs dated 23rd August. 2011.   The AEO program, a crucial part of the broader ease of doing business initiative, has been instrumental in simplifying export operations across various sectors, resulting in significant time and cost savings for exporters. Despite the benefits it offers, the gem & jewellery sector was initially denied participation in the AEO program. However, through proactive engagement with relevant Ministries, the GJEPC successfully advocated for the inclusion of the gem and jewellery industry in