Slower trading as Far East markets close for Feb. 12 Chinese New Year. High hopes for China retail recovery during the season. Global jewelry sales -15% in 2020 after swift 4Q rebound with US +5% to +10%, China +15% to +20%, according to Bain report. US demand stable. Large volume of goods on.
Industry leader Jose Hess died on Tuesday at the age of 87, according to the World Jewellery Confederation (CIBJO), the organization he headed in the late 1990s.Hess passed away peacefully in his home in St. Augustine, Florida, CIBJO said in a statement Wednesday. He was distinguished for his.
Petra Diamonds has begun an investigation into new claims of violence at its Williamson mine in Tanzania following a lawsuit last year.The fresh allegations were of assaults and human-rights violations by Tanzanian guards and the miner’s security contractor between November 2020 and January.
Alrosa’s sales rose in January as manufacturers continued to restock inventory and consumer demand picked up in China and the US.Diamond revenues climbed 6% year on year to $430 million, with rough sales growing 8% to $421 million, the Russian miner said Wednesday. Polished sales dropped 39% to.
RAPAPORT. Belgium’s polished-diamond exports fell 10% year on year to $547 million in January, with both volume and the average price declining. That followed a positive December, in which shipments jumped 9% to $634 million, according to data the Antwerp World Diamond Centre (AWDC).