Cartier, delegated by Richemont, and Kering launched the Watch & Jewellery Initiative 2030 driven by a common conviction that the UN Sustainable Development Goals (SDGs) and aspirations for a sustainable industry can only be achieved through collaborative initiatives. The global initiative is open to all watch and jewellery players with a national or international footprint. It is committed to a common core of key sustainability goals in three areas: building climate resilience, preserving resources, and fostering inclusiveness.
Petra Diamonds Ltd on Thursday said it increased its diamond sales in the second tender for the financial year, but the average price per carat fell. The diamond mining company with operations in South Africa and Tanzania said its diamond sales in its second tender that ended November was GBP61.3 million, trebling from USD21.5 million during its second tender in October 2021 of its financial year 2022 that ended June 30.
In efforts of improving customer protection, the Natural Diamond Council (NDC) has announced the launch of the new ASSURE 2.0 online portal. The updated portal enables all purchasers of Diamond Verification Instruments to browse through the Directory, understand the features and analyse the results of the new series of ASSURE testing.
Mountain Province, holding a 49% stake in the Canadian Gahcho Kué mine, reports its latest Antwerp sales, with proceeds amounting to US$41.4m for 322,547ct, achieved a record ROM price of US$126/ct, up another 13% compared to the first sale of the year.
The company also announces a supply agreement with Chow Tai Fook, multinational jewelry retailer with presence in China, Japan, Korea, Southeast Asia and the US, providing the retailer with a select range of diamonds over a one-year, renewable term.