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News & Highlight


  1. Pandora Unveils First Ever Art Collaboration - Keith Haring X Pandora
  2. Further Growth in Hong Kong’s Luxury Retail Sales
  3. Pandora Unveils First Ever Art Collaboration - Keith Haring X Pandora
  4. Further Growth in Hong Kong’s Luxury Retail Sales
  5. Platinum Jewellery Sales Rise in Key Markets in Q2 2022, PGI says
  6. AGTA Announces New Board Members
  7. Fura Gems Discovers 101-carat Ruby
  8. Lightbox Sells Lower-Quality Lab-Grown Diamonds
  9. 160-Carat Rough Unearthed from Angola Mine
  10. GIA Found Synthetics, Simulant among Four ‘Natural’ Sapphires
  11. ‘De Beers Blue' Might Originate from Deep Earth, Says GIA
  12. New Chairman Elected at India’s GJEPC
  13. Tiffany Launches Its First All Gender Bangle Collection
  14. Pandora Launches Lab-grown Diamond Jewellery Collection in North America
  15. Gemfields Reports Record Revenues
  16. IIJS Premiere Sees Record Number Visitors
  17. Signet Acquires Blue Nile for $360M
  18. Hong Kong jewellery sales slide in H1
  19. Fancy Colour Diamond Price Index Rises
  20. The Potentially Largest Pink Diamond Found in 300 Years
  21. Kering Reports Strong First Half Jewellery Sale
  22. Vicenzaoro Back In September
  23. eBay Offers Fine Jewellery Authentication with GIA Partnership
  24. New Executive Director and Secretary General Appointed for Watch & Jewellery Initiative 2030
  25. VO Vintage Returns To Vicenzaoro September
  26. Sarine Partners With NGTC on Grading Reports In China
  27. Diamond Prices Slide Amid Economic Uncertainty
  28. De Beers, Botswana Sales Agreement Extended
  29. AWDC Appoints David Gotlib As New President
  30. IGI Debuts Online Learning Courses
  31. Swarovski Appoints First Non-Family CEO
  32. Kashmir Sapphire Ring Comes Out on Top at Bonhams
  33. WJA Foundation Launches New Scholarship for Women of Colour
  34. Blue Nile Merges with Mudrick for Its Second IPO
  35. RJC Launches ‘Gender Equality Toolkit’ at JCK Las Vegas
  36. GIA Reports to Go Digital by 2025
  37. Gemfields Achieved Highest Revenue at Emerald Auction
  38. DAMAC Group Now Owns de GRISOGONO
  39. GJEPC Proposes Lab-Grown Diamond Park in India
  40. Pandora’s New Crafting Facility in Vietnam Costs $100M
  41. Q1 Gold Jewellery Demand Soft, Says WGC
  42. Jewellery Buying Groups Formed New Global Alliance
  43. Singapore to Host Jewellery & Gem World 2022
  44. ‘Wonder Woman’ Gal Gadot Premiered in Tiffany’s 2022 High Jewellery Collection
  45. Christie’s to Auction ‘The Light of Africa’ for $18M in June
  46. New Board of Directors were elected to Jewellery Exporters Association of Turkey
  47. Oroarezzo back with Première Competition
  48. ‘De Beers Blue’ auctions US$57.5M at Sotheby’s
  49. CTF launches Mother’s Day collection
  50. Jewelers of America Announces The 2022 CASE Award Winners
  51. De Beers: Diamond Businesses Staying Cautious About Business Expectations
  52. Synthetic Alexandrite Pioneer David Patterson Dies at 89
  54. Rebecca Foerster Appointed As President of Hearts On Fire
  55. US Steps Up Sanctions Against Alrosa
  56. PGI Study Findings: Consumers Have Different Interpretations of Sustainability
  57. Irving Wong Appointed as Pandora’s General Manager For China
  58. Rolex’s 6 New Watches Unveiled at Watches & Wonders Geneva
  59. Sixième Sens par Cartier High Jewellery: Heteractis Ring
  60. Will Russian Diamond Ban Help Foster Lab-Grown Diamond Business?
  61. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  62. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  63. JEWELLERY GENEVA Takes Place between 30 March and 3 April 2022
  64. Christie’s Presents 228 carat White Dimond
  65. Gold Bar Integrity Programme to be Implemented
  67. Early Spring Fashion for Natural Diamonds
  68. Jennifer Garner Shines in De Beers Jewellers at the Premiere in New York
  69. To celebrate its 15th anniversary, “Cartier Women’s Initiative Impact Report”
  70. American Gem Trade Association Announces Partnership with JCK Show Again
  71. Chow Tai Fook and Canada's Mountain Province Diamonds Sign Supply Agreement
  72. Registration Is Open for 2022 JCK Show
  73. Alrosa Caught Up in U.S. Sanctions
  74. Tawhid Abdullah Receives Lifetime Achievement Award
  75. The Largest Blue Diamond Appears at Sotheby’s Auction
  76. Price Rise for Nearly 90% Of Fancy Colour Last Year
  77. Dickson Yewn’s Collectibles Given for Sotheby’s Charity Auction
  78. De Beers Boosts Production
  79. Watches & Wonders Geneva To Be Held In Hybrid Format
  80. Jewellery, Gem & Technology Dubai to Debut February
  81. Hong Kong Losing its Dominance as the World's Largest Watch Market
  82. Gift Guide for CNY
  83. Press Release: Sotheby’s Announces New Appointments To Luxury Team In ASsia
  84. Georg Jensen Becomes a Certified Member of RJC
  85. 555.55-carat Black Dimond Unveiled at Sotheby’s Auction
  86. GIA Appoints Anna Martin as SVP for Institute, Industry Relations
  87. Alrosa Boosts Direct Sales of Fancy Diamonds to Investors
  88. CIBJO General Assembly postponed to March 17 and 18, 2022
  89. 7,525 Carat Emerald Discovered
  90. Karl Lagerfeld Jewellery Collections to Shine
  91. Diamonds Travel To The Space
  92. Vicenzaoro January postponed to March
  93. America’s Youngest Jeweller Starts Business via Instagram
  94. Concerns over conflict gold arise again
  95. The 1st International Gemstone & Diamond Trade Summit Wraps Up in Macao
  96. The Knot’s Study:Over 30% of Respondents Say Natural Diamond Unimportant
  97. Pantone’s 2022 Colour of the Year: Very Peri
  98. Phillips Jewellery Auctions Fetch over HK$181 Million
  99. The World’s First Pure Gold Castle of Magical Dreams by CHOW TAI FOOK
  100. Jewellery Sales Jumped 78% During the Thanksgiving Holiday
  101. Gem Auctions DMCC’s Debut Auction Successful
  102. Cartier’s Christmas Tree Lights Up the City with Love and Hope
  103. Rediscovering Lacloche in Hong Kong
  104. Blue diamonds to lead Christie’s HK autumn sale
  105. JMA show to stage next Thursday
  106. HK auction to help Cambodian kids
  107. Basel fair cancelled again
  108. HKDI show to continue in Dec
  109. Gemfields sells 7,500-carat emerald for good
  110. Sustainability is key to diamond purchases, a report says
  111. Christie’s Geneva jewellery sale fetches CHF53.7m
  112. Cibjo forms working group on fei cui standards
  113. Only Watch raises CHF30m for DMD research


  1. US market unfolds changes and potential
  2. The queen of gems, the gem of queens
  3. Classics return


  • Gucci's latest high jewellery line Hortus Deliciarum features fascinating opals. (photo courtesy: gucci)

Promising future for Australian opals

By Catherine Chan

Opal has a special affinity with Australia where produces the world’s largest supply of the precious gem. Among the different types of Australian opals namely crystal opal, white opal, black opal and boulder opal, black opal from Lightning Ridge in New South Wales is widely known as the rarest and most valuable species. Matthew Hopkins of leading supplier of Lightning Ridge black opals Hopkins Opal unveils the growing popularity of the sought-after gem in the global market.

Established in the late 90’s by Samuel Hopkins and his sons Matthew and Daniel Hopkins, Hopkins Opal is a mine-to-market family run company dealing in mining, buying, cutting and wholesaling of fine Australian opals, with an expertise in producing and distributing Lightning Ridge black opal.

Australian opals, according to Matthew Hopkins, are so sought after because of their obvious beauty and attractiveness. “They are known worldwide as the highest quality benchmark by which other opal sources are judged,” he said.

“The Australian opal industry has a proven track history of over 100 years and proper care has been taken by reliable Australian opal dealers to stand behind the material they sell.”

Prices of fine-quality Australian opals across all types have increased over the last number of years due to an increase in consumer demand relative to its growing scarcity. “Demand for Australian opals has started to outstrip production due to the scarcity of good opal-producing ground across all opal types and mining areas, while younger generations are opting out of entering into the opal mining industry,” Hopkins said.

According to him, field prices (selling prices miners obtained) on rough have gone up at least 25 percent over the last two years which may be reflected to varying degrees at the wholesale and retail level. “We expect prices to continue to increase steadily through 2020 as the consumer appetite is strong and the strong margins obtained at the retail level,” he added.

The unparallel appeal and the unique ‘play-of-colour’ phenomenon of precious Australian opals has inspired numerous red-carpet collections from celebrated jewellery houses which has successfully generated large-scale media coverage worldwide.

With a broader exposure to opals, consumers have become more educated on the particulars and the appreciation for the gemstone. “Beauty attracts interest and interest sparks education. Many individuals are requesting more high-quality opals at the retail level which pushes up demand at the wholesale level to fill the need,” Hopkins said.

As a primary producer of Australian opals, he said it is incumbent upon them to educate the trade and the consumers. “A large component of Hopkins Opal’s focus is education,” he said.

“We find that it is more important than ever to develop a wider audience for our brand through education, carefully curated social media and web presence. Together with our ethically-sourced products, we provide end-customers and retailers with a peace of mind when buying or selling opals from Hopkins Opal,” he added.

Besides Australia, keen interest in opals from the United States, Europe and Asia is steadily increasing. “We have seen the largest percentage increase year over year in China and Hong Kong, while the States is still our largest and most stable market with consistent incremental gains,” Hopkins said.

The opal producer owes its success to the vertically-integrated mine-to-market strategy. “We will improve our reach along the way, while maintaining an extensive stock of fairly priced Australian opals in all categories,” he said.

He looks to a promising future for Australian opals. “We expect to see increasing sales of low- to mid-range material in China and the United States in 2020, while the performance of high-end goods will roughly follow the current trends.”

He expects to see more Australian opals being used in jewellery collections from small or independent designers to well-known international brands. “The momentum for Australian opals to gain larger market share of the coloured gemstone market is just getting started,” he believes. (Loose stone photo courtesy: Hopkins Opal)

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