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Blackstone purchases International Gemological Institute
Blog

Blackstone purchases International Gemological Institute

The International Gemological Institute (IGI) has been sold in a deal worth more than $US596.6 million ($AU896.3 million). The network of 29 grading laboratories and 18 gemmology schools, employing…

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May 21, 2023
Sentences handed down for Green Vault jewelry heist
Blog

Sentences handed down for Green Vault jewelry heist

In Germany five men have been sentenced for their role in the 2019 robbery of the historic Green Vault in Dresden. The defendants, all members of the 'Remmo crime…

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May 18, 2023
World of Heidi Horten auction breaks jewelry world record
Blog

World of Heidi Horten auction breaks jewelry world record

The three-part World of Heidi Horten at Christie's in Geneva has broken the world record for the most expensive jewelry collection to feature at auction. Part one took place…

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May 18, 2023
Stunning Bulgari blue diamond brings in .9 million
Blog

Stunning Bulgari blue diamond brings in $37.9 million

The Bulgari Laguna Blue, a pear-shaped fancy vivid blue diamond, has been sold for $US25.5 million ($AU37.9 million) at Sotheby's Geneva. The diamond comfortably exceeded its pre-sale estimate after…

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May 18, 2023
New leadership for Russian diamond mining giant
Blog

New leadership for Russian diamond mining giant

Russia's diamond mining juggernaut, Alrosa, has confirmed that Pavel Marynichev has assumed the role of CEO following the departure of Servey Ivanov. Marynichev comes to the position having served…

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May 18, 2023
De Beers delays rough diamond sales as demand decreases
Blog

De Beers delays rough diamond sales as demand decreases

The world's largest diamond mining company, De Beers Group, has postponed its fifth and sixth sales cycles for the year amid concerns about dwindling international demand. The fifth cycle…

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May 17, 2023
Michael Hill and Bevilles: History never repeats itself, but it often does rhyme.
Blog

Michael Hill and Bevilles: History never repeats itself, but it often does rhyme.

The international jewelry industry is an ever-changing landscape. ANGELA HAN reflects on Michael Hill's acquisition of Bevilles. The recent announcement that global jewelry chain Michael Hill International would acquire…

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May 17, 2023
Emerging technology crucial to excluding Russian diamonds
Blog

Emerging technology crucial to excluding Russian diamonds

As the G7 summit in Japan unfolds public discourse surrounding a potential prohibition of Russian diamonds has once again ramped up. It's been more than a year since Russia…

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May 16, 2023
Rolex launches second-hand certification program, records shattered in Geneva
Blog

Rolex launches second-hand certification program, records shattered in Geneva

Rolex's rollout of its certified pre-owned program in the US is underway, appearing in 35 Tournea and Bucherer boutiques as of 3 May. In December the Swiss watch manufacturer…

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May 16, 2023
New president for World Diamond Council
Blog

New president for World Diamond Council

The World Diamond Council (WDC) has confirmed that Feriel Zerouki is the organisation's new president, assuming the role after serving as vice president to Edward Asscher for three years. …

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May 16, 2023
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