The Board of Governors of the Gemological Institute of America, Inc. (GIA) has named Pritesh Patel, currently GIA’s Chief Operating Officer, as the Institute’s President and Chief Executive Officer, effective August 4, 2025. Patel succeeds Susan M. Jacques, GIA’s President and CEO since 2014, who will continue at GIA as a strategic advisor until her retirement at the end of 2025
Browsing: Gemstones
Construction of MRM’s second processing plant (or “PP2”), designed to triple MRM’s ore processing capacity from 200tph to 600tph, is 95% complete and materially on budget. PP2 is now expected to produce its first rubies during August 2025 courtesy of the plant’s core components. Final completion of PP2, including the tailings belt conveyor and decanter centrifuge, is now expected to occur during September 2025
In a watershed step to boost consumer demand for natural diamonds, GJEPC joined top diamond-producing nations and industry bodies in signing the Luanda Accord on 18th June 2025. The signatories—including mining ministers of Angola, Botswana, South Africa, Namibia, and DRC, in collaboration with GJEPC, AWDC, DMCC and De Beers—pledged to contribute 1% of annual rough diamond revenues to fund a global marketing campaign spearheaded by the Natural Diamond Council (NDC)
India’s total imports under the Gem & Jewellery category (Chapter-71) for May 2025 stood at ₹32,006.09 crore (US$3,748.62 million), showing a marginal year-on-year decline of 0.18% in rupee terms and 2.52% in dollar terms when compared to ₹32,065.28 crore (US$3,845.69 million) in May 2024.
India’s gem and jewellery exports for May 2025 witnessed a noticeable dip, with gross exports falling 15.81% to US$ 2,263.42 million (₹19,260.81 crore), compared to US$ 2,688.38 million (₹22,414.02 crore) in May 2024. Imports also dropped 12.96% to US$ 1,689.61 million (₹14,393.12 crore). However, in a positive turn, the cumulative export value for April-May 2025 increased by 4.96% year-on-year to US$ 5,202.01 million (₹44,407.30 crore). Imports during the same period declined slightly by 2.52% to US$ 3,748.62 million (₹32,006.09 crore).
Ruby is the fiery birthstone for the month of July – and to mark the arrival of this sultry summer month comes a new collaboration featuring gems from Gemfields’ ruby mine in Mozambique. The Arayian Jewellery x Gemfields capsule collection harnesses the allure and talismanic properties of Mozambican rubies in an array of designs, from elegant dangling ‘chandelier’ earrings to diamond- encrusted ruby rings, classic bracelets and rich statement necklaces
Ruby is the fiery birthstone for the month of July – and to mark the arrival of this sultry summer month comes a new collaboration featuring gems from Gemfields’ ruby mine in Mozambique. The Arayian Jewellery x Gemfields capsule collection harnesses the allure and talismanic properties of Mozambican rubies in an array of designs, from elegant dangling ‘chandelier’ earrings to diamond- encrusted ruby rings, classic bracelets and rich statement necklaces
Gemfields announces the results of an auction comprised of mixed-quality rough ruby held during the period 2 – 13 June 2025
When we think of gemstones, the classics come to mind—diamonds, rubies, sapphires, and emeralds. They’re the stars of the jewellery world, no doubt. But every once in a while, a hidden gem quite literally catches the eye. One such treasure? Tanzanite
In a world where trends move fast and sparkle fades quickly, there’s a quiet but powerful movement stirring in the jewellery world — a return to the rare, the unique, and the forgotten. Among these vintage treasures, one gemstone is making a stunning comeback: Painite.