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