Browsing: Gemstones

Gemfields announces that it has signed an agreement to sell its entire interest in wholly owned  Fabergé Limited (“Fabergé”), the iconic luxury brand, to SMG Capital LLC (the “Buyer”), for a  total consideration of USD 50 million. Of that sum, USD 45 million is payable to Gemfields by  the Buyer on completion of the sale (which is expected on 28 August 2025). The remaining USD 5 million is payable to Gemfields by the Buyer by way of quarterly royalty payments at a rate of 8%  of Fabergé’s revenue. The sale is not expected to be subject to regulatory or any other approval  processes

revival of vintage gemstone: Trapiche Emerald

Gemfields Group Limited has released its operational and financial update for the six months ending 30 June 2025, reporting total auction revenues of USD 60 million and a net debt position of USD 59.6 million. Key developments include near-completion of Montepuez Ruby Mine’s second processing plant and the resumption of focused mining at the Kagem emerald mine. Significant progress has also been made in the strategic review of Fabergé. The full interim results will be published on 26 September 2025.

Natural Diamond Council (NDC)—a global not-for-profit dedicated to promoting the integrity and appeal of natural diamonds, delivers facts through its reports- the Laboratory-Grown Diamond Facts and the Fancy Colour Diamonds, to empower retailers and educate consumers with fact-based perspectives

HRD Antwerp, Europe’s leading authority in Diamond and Jewellery Grading, Education and Equipment, has officially launched its operations within the Bharat Ratnam Mega Common Facility Centre (CFC) in Mumbai. This collaboration was unveiled during the prestigious IIJS Premiere 2025 and marks a significant leap in advancing India’s jewellery ecosystem with world-class diamond certification services.

Divine Solitaires, one of India’s leading natural diamond solitaire brand, gives consumers a peek into one of the most anticipated collections to date—its new Signature Collection at the IIJS Exhibition 2025.

At the 41st edition of the India International Jewellery Show (IIJS Premiere), held at the Jio World Convention Centre, Mumbai, De Beers Group unveiled a trio of landmark initiatives that mark a new chapter for the natural diamond industry in India. As the country has become firmly established as the world’s second largest market for diamond jewellery, De Beers Group reaffirmed its commitment to nurturing growth, authenticity and emotional connection in the sector through the launch of its digital platform INDRA, the emotionally resonant “Love, From Bestie” bracelet ritual campaign and the pioneering Institute of Diamonds.

Interactive discussion on “Building Consumer Confidence in Gems and Jewelry” at Innov8 Talks, IIJS Premiere 2025, JWCC

On July 5, 2025, Ratnalaya Jewellers hosted a highly successful Mega Blood Donation Camp at its Danapur branch, attracting over 200 participants, including employees, customers, and visitors. The event, organized with Maa Blood Bank and Ratnalaya Charitable Trust, garnered over 1 million views within 24 hours, reflecting its significant community impact. The initiative underscores the brand’s commitment to social responsibility, aligning with its vision of serving society beyond business. Detailed coordination and accessibility details were provided to ensure widespread participation.

On July 5, 2025, Ratnalaya Jewellers hosted a highly successful Mega Blood Donation Camp at its Danapur branch, attracting over 200 participants, including employees, customers, and visitors. The event, organized with Maa Blood Bank and Ratnalaya Charitable Trust, garnered over 1 million views within 24 hours, reflecting its significant community impact. The initiative underscores the brand’s commitment to social responsibility, aligning with its vision of serving society beyond business. Detailed coordination and accessibility details were provided to ensure widespread participation.