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New lab-created diamond detector set to hit market Posted January 20, 2021 | By Arabella Roden • Editor Yehuda Diamond Company has launched the latest model of its Sherlock Holmes device, which can detect both chemical vapour deposition (CVD) and high-pressure high-temperature (HPHT) lab-created diamonds. The release comes amid increasing acceptance of lab-created diamonds in both the broader jewellery industry and among consumers. Members of India’s Bharat Diamond Bourse recently voted to reverse a long-term ban on trading the stones within its premises, while a report conduc...

Auckland jeweller targeted in $180,000 armed raid Posted January 19, 2021 | By Arabella Roden • Editor Two men armed with a shotgun and an axe have stolen diamonds, a watch, and jewellery valued at $NZ150,000–$180,000 during a daylight robbery of an Auckland store. The suspects entered TJ Handcrafted in Auckland’s Botany Town Centre on Sunday 10 January at about 2pm, and held the store’s owner, identified as T Jordan, at gunpoint. “I’m still trying to digest what happened. It’s not what I want to see in New Zealand, we are one of the safest countries in the world" T ...

The National Opal Collection store in Melbourne's CBD was forced to close due to the COVID-19 pandemic alongside its sister store in Sydney's The Rocks, while border restrictions to international tourists have seen sales plummet by more than $3 million. Australian opal dealer challenges COVID-19 insurance rejection Posted January 19, 2021 | By Arabella Roden • Editor Damien Cody, director of opal retail and wholesale business Cody Opal Australia, has publicly challenged insurance companies for refusing to pay out business interruption policies held by small businesses. The ...

Michael Hill records ‘outstanding’ results in second half of 2020 Posted January 18, 2021 | By Arabella Roden • Editor In the six months to 27 December 2020, Michael Hill International (MHI)’s same-store sales increased across all three of its key markets, with expected revenue – excluding COVID-19 government subsidies – increasing to $41–45 million, compared with $31.6 million for the same period in 2019. The positive results came despite temporary closures of 37 stores in Australia and 46 in Canada due to the ongoing pandemic. The company currently operates 2...

Now Showing: Up close with the 'King of Diamonds'; resurrecting a Cartier watch; and what happens when Aussie prospectors strike gold? Posted January 15, 2021 | Take a few moments to enjoy Jeweller's video selection including updates on current affairs and insights into our jewellery trade. This week, get to know iconic jeweller Laurence Graff, the 'King of Diamonds', watch as a heavily damaged vintage Cartier watch is brought back to life, and join the search for gold in Victoria with a prospecting team.