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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

Platinum Guild International (PGI) – India is pleased to announce the 8th edition of its annual flagship event, the Platinum Buyer-Seller Meet. Scheduled to take place on June 26th and 27th, 2025, in Kochi, this marquee industry event will bring together leading retail and manufacturing partners across India’s platinum jewellery industry to showcase innovation, foster strategic partnerships, and drive category growth in a dynamic and evolving retail ecosystem

The results of respective research were first presented at the XXVIII St. Petersburg International Economic Forum. The round table dedicated to the impact of responsible consumption on the development of the international diamond market, where the statement on the complete carbon neutrality of Russian diamonds was made, was attended by high-ranking representatives of the global diamond industry, experts in the field of sustainable development and premium consumption. Participants noted the leading trend towards responsible consumption in the luxury sector against the backdrop of stable growth in global demand for luxury goods, which increases by $100 billion every 10 years

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)

In a year dominated by inflation fears, central bank hedging, and shifting consumer behaviors, platinum has emerged as a standout performer. While gold has seen an impressive ~29% year-to-date gain, platinum has surged even further—rising by approximately 40–44% in 2025.

Shringar House of Mangalsutra Limited, India’s most trusted and respected name in mangalsutra manufacturing, proudly announces the opening of its first-ever North India branch office in Delhi, a strategic move designed to better serve the region’s thriving retail and wholesale jewellery community

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).

Chow Tai Fook Jewellery Group, listed on the Hong Kong Stock Exchange, has announced its plan to raise approximately HK$8.80 billion (US$1.12 billion) through the issuance of convertible bonds.

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