Tag: jewellery metals

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  • 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 mine located in Canada’s Northwest […]
    Hemma Visavadia
  • Forum Jewellers to offer free Valentine’s proposal ring
    Forum Jewellers has launched a free proposal ring campaign to celebrate this year’s Valentine’s Day. The retailer is offering customers a free proposal ring to commemorate the romantic holiday in order to help develop its relationship with customers during the pandemic. Customers must sign-up on the CMJ member’s website, with the silver rings on offer […]
    Patrick O'Donnell
  • 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 ethical mines to purchase their […]
    Hemma Visavadia
  • 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 three months ending 31 December. […]
    Patrick O'Donnell
  • 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 goods that had previously been […]
    Patrick O'Donnell