We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
Diamonds Created at Room Temperature
Raleigh: Researchers from North Carolina State University have discovered a new phase of solid carbon, called Q-carbon, which is distinct from the known phases of graphite and diamond. They have also developed a technique for using Q-carbon to make diamond-related structures at room temperature and at ambient atmospheric pressure in air. Phases are distinct forms of the same material. Graphite
De Beers Secures Future for Kimberley Mines
Gaborone: De Beers Consolidated Mines (DBCM), a 26% BEE (black economic empowered) company, has signed an agreement to sell Kimberley Mines (including the tailings mineral resources (“TMR”) as a going concern to Ekapa Minerals (Pty) Limited (“Ekapa Minerals”) – an investor consortium. The consortium comprises Ekapa Mining (Pty) (“Ekapa Mining”)(50.1%) and Petra Diamonds Limited (“Petra”) (49.9%), which both have proven
AWDC Issues Alert about Fake KP Certificate
Antwerp: Belgian officials at the Antwerp World Diamond Center’s (AWDC) Diamond Office issued an alert regarding the interception of a fake Kimberly Process certificate originating from Sierra Leone. The forgery, which has been confirmed by Sierra Leone authorities, uses an old numbering system from 2014, an incorrect parcel number and the dotted lines do not correspond with the original from
U.S. Jewellery Imports Surge in Q3
New York: U.S. jewellery imports jumped 85 percent for platinum in the third quarter of 2015 and 12 percent for gold, ahead of the holiday season, as prices for both precious metals fell for the fifth straight quarter, Thomson Reuters GFMS calculations showed on Monday. “The holiday season is the most significant contributor to annual retail sales,” said Chicago-based Erica
Gaetano Cavalieri Addresses ECOSOC
Milan: CIBJO President Gaetano Cavalieri has addressed the High Level Segment of the UN Economic and Social Council in New York, and in his presentation stressed the commitment of both CIBJO and the international jewellery sector to assisting the United Nations meet its development goals. Dr. Cavalieri was addressing the annual keynote gathering of the UN agency as the head
5th Edition of IIJW Inaugurated in Mumbai
Mumbai: After completion of four successful years, the 5th edition of India International Jewellery Week, popularly known as IIJW, was inaugurated this morning in Mumbai by Mrs. Rashmi Thackeray. Present at the inauguration were Mr. Vipul Shah, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pankaj Parekh, Vice Chairman of GJEPC and other degnitories. Conceived and conceptualized
HRD Antwerp Adjusting Parameters of Cut Grade
Antwerp: HRD Antwerp is to adjust the proportion parameters of its Cut Grade, with changes taking place as of July 14. The Belgian lab said it is making the move “in order to be more compliant with the market standard, while maintaining the highest-quality grading standards that HRD Antwerp is known for”. “The HRD Antwerp Cut Grade is based on
Gold, Diamond Deposits Traced in Odisha
Bhubaneswar: Geological survey has revealed deposits of a variety of gem stones, gold and diamond in Boudh district in India’s Odisha state, Steel and Mines minister Prafulla Kumar Mallick informed in the State Assembly here on Friday, according to a report published in Odisha Sun Times. Replying to a question by Mahidhara Rana, he said as informed by the Steel
