We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
Angola to Focus on CAR Challenges as KP Chair
Luanda: Angola, which is set to lead the Kimberly Process Certification Scheme (KPCS) next year, says that it will focus on following up on the situation in Central Africa Republic (CAR) and Venezuela. CAR was temporarily suspended from the KP in May 2013 after a coalition of rebels threw President Francois Bozize out of office. The World Diamond Council (WDC)
Tanzanite Foundation Announces Reorganization
New York: The Tanzanite Foundation has officially announced that it will undergo “structural and operational changes to better align with global tanzanite markets and sightholder expectations,” it explained in a recently released statement. “After a long consultation period with the global industry, the future direction and resource allocation for the Tanzanite Foundation’s education, promotion, and information-distribution programs has been established
232 Carat D-Color Diamond Unearthed in S. Africa
Johannesburg: It’s big, it’s colorless, and it just might be flawless. In a year filled with notable diamond finds, Petra Diamonds has unearthed a particularly impressive stone—a 232 ct. D-color stone with “exceptional clarity.” “The diamond is practically see-through, so it is very likely to produce a flawless stone,” says Petra spokesperson Cathy Malins. She describes the rough as “the
Rio Tinto Gifts Australian Diamonds to Smithsonian Institution
Washington: Rio Tinto has announced a donation of a significant sample of Australian rough diamonds to the Smithsonian Institution in Washington DC, the world’s largest museum and research complex and home to the most notable diamonds and diamond jewellery in the world. At an event at the Australian Embassy hosted by The Honourable Kim Beazley, Australian Ambassador to the Unites
Cluster Mapping Report: The Path for Future Growth
Mumbai: The National Council of Applied Economic Research (NCAER) survey data on Indian Gem & Jewellery industry reveals that in 2019 there were a total of 9.89 lakh units and 42.89 lakh workers in the sector. A total of 390 districts are identified as clusters based on the number of units working in the gem and jewellery sector. Since the
AWDC and ALROSA Renew Cooperation Agreement
Antwerp: The Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry, and ALROSA, world’s largest diamond mining company by volume, renewed their cooperation agreement today. The renewed cooperation agreement will further expand and strengthen the close relationship between and leadership roles of the two organizations over the course of the next years. The objective of this
Anglo American Plans to Fire un Vaccinated Workers
London: Anglo American, parent company of De Beers, plans to sack workers who refuse the Covid vaccine, according to a report in Daily Telegraph newspaper. The requirement will apply to “all employees, contractors and any visitors to Anglo sites as well as all new joiners,” the paper says, citing documents it has seen. London-based Anglo will reportedly introduce the policy early
IIG Students Visit SRK Exports
Mumbai: The International Institute of Gemology (IIG) organized the industrial visit for the students of Gemstones and Diamond to SRK Exports on 27th November 2021 followed on the next day to GJSM-2021 on 28th November 2021 guided with the director IIG, Mr. Rahul Desai and faculty coordinator, Ms. Pooja Ray. The industrial visit was organized to one of the largest diamond
