Angola’s diamond production reached a record 12 million carats in 2024, marking the first time the country has surpassed the 10 million-carats milestone. The country’s diamond production comes from several key mines, including Catoca, Lulo, and Leule.
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Russian diamond mining company Alrosa anticipates a rebalancing of supply and demand in the diamond market over the coming months, as inventory levels in the midstream sector decline. Sergey Takhiev, Alrosa’s head of corporate finance, pointed to robust demand for jewellery and a significant reduction in diamond mining capacity—down...
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Multiple masked robbers carried out a brazen afternoon smash-and-grab operation at a jewellery store in Burlington, Ont. The thieves stormed Mapleview Mall’s Charm Diamond Centres, shattering display cases and quickly grabbing valuable jewellery before fleeing the scene.
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Tiffany & Co. has set a new record with its acquisition of a historic pocket watch from 1912. The timepiece was purchased at auction in the UK for US$1.97 million (approximately C$2.83 million). The 18K gold watch is now the highest-valued Titanic memorabilia ever sold.
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Three teenage boys have been arrested following a daring jewellery store heist at Toronto’s Fairview Mall—the second such robbery at the same location in just a month. The teens were part of a five-person group that stormed the store, masked and armed with hammers. After smashing their way in,...
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Police have charged two adults and four youths following a robbery at a jewellery store in Markham, Ont. The suspects entered the store in the afternoon, using hammers to smash display cases and steal merchandise.
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Police are investigating an armed robbery at a jewellery store in Hamilton, Ont., where a vehicle reversed through the front window, allowing suspects to enter. The robbers threatened the business owner by pointing a gun at him before smashing display cases.
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Valenza, Italy-based jewellery brand PICCHIOTTI, has launched a new video campaign featuring AI-created visuals to showcase the design, functionality, and versatility of the brand’s signature jewelry. The campaign is now available on the PICCHIOTTI website and on television in select markets where the brand’s retailers are located.
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De Beers Group has revealed the winners of the 2024 Shining Light Awards, a jewellery design competition that celebrates emerging talent from the countries where the company recovers diamonds. The competition, founded in 1995, is part of the De Beers Group Designers Initiative, which aims to empower young jewellery...
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Botswana has been selected as the second certification node for rough diamonds in the ongoing effort to ensure ethical sourcing and traceability within the global diamond trade. This announcement follows the G7 nations’ efforts to curb the entry of Russian-origin diamonds into their markets.
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