Browsing: Gem Industry

Gemfields shareholders are advised that the Company has released information about its operational results and financial position to 31 December 2025. These unaudited figures have been produced on a monthly basis for Gemfields’ 75%-owned Kagem emerald mine and its 75%-owned Montepuez ruby mine. The full operational results and an excel spreadsheet of Gemfields’ historic figures can be found on the Company’s website at www.gemfieldsgroup.com/operational-update/.

The Gem & Jewellery Export Promotion Council (GJEPC) welcomes the elimination of import duties on Indian gem and jewellery products under the India-EU Free Trade Agreement (FTA). This removes 2-4% duties on precious jewellery, unleashing huge export potential with the 27-member EU bloc—home to the world’s elite buyers. 

Prime Minister Narendra Modi, while addressing the nation, announced the signing of the India–European Union Free Trade Agreement (FTA). He congratulated stakeholders from the gems and jewellery industry, highlighting the new opportunities the agreement will unlock for the sector and the country at large.

With the India-EU Free Trade Agreement (FTA) negotiations nearing conclusion and the upcoming India-EU Summit in New Delhi on 27th January 2026, the Gem & Jewellery Export Promotion Council (GJEPC) has been consistently urging the Govt. to negotiate duty free  market access for Indian made jewellery exports to EU. With the gold/silver prices at an upsurge, this will give very significant market advantage to Indian made products.

The Department of International Trade Promotion (DITP), the organizer, together with the Gem and Jewelry Institute of Thailand (Public Organization) or GIT, co-organizer, along with key public and private sector partners, held a press conference to announce preparations for the 73rd Bangkok Gems and Jewelry Fair, scheduled to take place from February 22–26, 2026 at the Queen Sirikit National Convention Center (QSNCC), Bangkok. The event is expected to generate trade value exceeding 150 million USD.