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CIBJO reports to UN Global Compact

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Reported for September 2022 to September 2024   The World Jewellery Confederation (CIBJO) has formally reported to the UN Global Compact about activities and programmes that it undertook in support of the United Nations organization’s international mission over the two-year period that started in September 2022. Described as the world's largest corporate sustainability and social responsibility initiative, with more than 20,000 business participants and other stakeholders in more than 167 countries, the UN Global Compact is a forum dedicated to encouraging commercial bodies and trade associations worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. CIBJO has been a member of the UN Global Compact since November 2006.    To maintain UN Global Compact membership, affiliated companies and organisations are required to issue formal reports every two years, called Communications on Engagement, describing actions undertake...

2,492 carat diamond recovered from the Karowe Mine

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Result of Mega Diamond Recovery XRT technology of Lucara    Lucara Diamond Corp is thrilled to announce the recovery of an exceptional 2,492 carat diamond from its Karowe Diamond Mine in Botswana. This remarkable find, one of the largest rough diamonds ever unearthed, was detected and recovered by the Company's Mega Diamond Recovery X-ray Transmission (XRT) technology, installed in 2017 to identify and preserve large, high-value diamonds.    The stone was recovered from the processing of EM/PK(S) kimberlite, the dominant ore type that Lucara will continue to target during the first years of the Company's underground mining operations. This discovery underscores Karowe's reputation as a world-class asset and reaffirms Lucara's position as a leading producer of large, exceptional diamonds. This latest recovery joins an impressive roster of other significant finds from the mine, including the 1,758 carat SewelĂ´ and the 1,109 carat Lesedi La Rona. William Lamb, P...

Geo-political trend pulls down July exports of India

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Indian Gems & Jewellery exports-Imports witnessed a contraction   According to data released by the Gems and Jewellery Export Promotion Council (GJEPC), the apex body for the Gems & Jewellery (GJ) Industry in India, the overall gross exports of Gems & Jewellery in July 2024, stood at USD 1665.4 million (Rs. 13922.03 crores) showing a decline of 23.28% compared to USD 2170.71 million (Rs. 17831.68 crores) for the same period last year.   The trend line for Indian gems & jewellery has been on a continuous downwards trajectory and this is majorly owing to the global unrest-induced dampening of consumer demand. With the looming uncertainty of unprecedented geo-political developments and its impact on global economy, consumer markets across the globe are taking cautious buying decisions.   In terms of the overall imports of Gems & Jewellery for July 2024, the sector has witnessed a decline of 16.59%, which stood at USD 1404.62 million (Rs. 11738...

IIJS spurs record-breaking US$12bn of business

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Setting new benchmarks in business, innovation and scale!   One of the world’s largest gem & jewellery B2B shows - India International Jewellery Show (IIJS) Premiere 2024 organised by India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC) – set a new staggering record by generating a staggering USD 12 billion of business over 6 days.     Showcasing “Brilliant Bharat” theme this year, IIJS Premiere 2024 (the 40th edition) show dates were: 8-12 August at JIO World Convention Centre, Mumbai and 9-13 August at Bombay Exhibition Centre, NESCO Goregaon -Mumbai. IIJS Premiere 2024 had a total exhibition area of 135,000 sq. mt. (1.45 million sq. ft.), which is much higher than that of the prominent comparable shows in the western world.   With over 3,600 stalls and 2,100 exhibitors, IIJS Premiere attracted over 50,000 buyers. There were 15 International delegations from 13+ countries including Cambodia, Iran, Japan, Malaysia, Nepal, Russia, Sa...

Kisna launches 1st exclusive showroom in Indore, MP

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Forays into Madhya Pradesh with 32nd Showroom in India   Kisna Diamond and Gold Jewellery, a leading name in the Indian jewellery industry, enters into Madhya Pradesh (MP) market with the inauguration of its first exclusive showroom in Indore and 32nd in India. The inauguration was graced by Ghanshyam Dholakia, Founder & M.D, Hari Krishna Group, Parag Shah, Director Kisna Diamond & Gold Jewellery, Pushyamitra Bhargav Indore City Mayor and Prithviraj Kothari IBJA National President.   To celebrate this grand opening, Kisna is offering up to 20% off on diamond value and up to 25% off on gold jewellery making charges. Commenting on the launch, Ghanshyam Dholakia, Founder & M.D, Hari Krishna Group, stated, “We are thrilled to launch our first exclusive showroom in Indore, a region with a deep appreciation for fine jewellery.  This expansion aligns with our vision. Har Ghar Kisna, where we aim to be India's fastest-growing jewellery brand, making every woma...

Double down on stacking your diamonds!

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  Mix, match, load & layer by De Beers Forevermark!   When the moodboard suggests more is more and baubles are in abundance, stacking is the way to go! With maximalism making a comeback, this is an exercise in blending whimsy and playfulness to create an interesting look.   It may seem intuitive, but layering with dazzling diamonds while maintaining aesthetic balance, is an art by itself.  It is all too easy to give in to the bling factor and end up looking like a Christmas tree, glittering from top to toe! Read on to know how to stack diamond jewellery effectively and in an individualistic manner.   Rings: These are the simplest accessories to stack. Start with a combination of rings with stones cut in different shapes. Round brilliants, interspersed with rectangular shapes, or dainty rings alternated with solid ones lend excellent definition to the fingers.  You can vary the look with different band styles too, such as eternity or pavĂ© ban...

A timeless collection for Rakshabandhan by Dassani

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Unveils India’s finest designer jewellery as eternal bond collection    Dassani Brothers, India’s finest designer jewellery brand, specialising in semi-contemporary Jadau heirlooms, proudly announces the launch of their latest collection, Eternal Bond. This elegant collection has been specially curated just in time for Rakshabandhan and celebrates the cherished bond between siblings, offering a range of intricately designed pieces that exude timeless beauty and sophistication. Known for their heritage-worthy, high-end Polki and semi-Jadau jewellery, Dassani Brothers Eternal Bond collection is a masterpiece of artistry, featuring an enchanting blend of uncut diamonds (polki), round brilliant cut diamonds, and vibrant enamel, all meticulously crafted in 18kt gold. Each piece in this collection is a testament to Dassani Brothers’ commitment to creating timeless jewellery that resonates with the modern woman.    From delicate necklaces and dazzling earrings to grace...