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
Zimbabwe Diamond Output, Sales Dipped in 2013
Harare: Zimbabwe’s diamond output declined 26.1 percent to 8.9 million carats last year, according to Equity Communications, reports Rough&Polished. The Harare-based research company said in a statement emailed told Rough&Polished that Zimbabwe was the only “major” diamond producer, which experienced a “sharp” decline in production and sales last year. It said diamond production in the Southern African country took a knock
JNA Awards 2014: Deadline for Entries Extended to 8th May
Hong Kong: JNA Awards, the annual industry-wide event that honors the innovators and leaders of the international jewellery industry, with a focus on their achievements and contribution in Asia, has now extended the deadline for accepting entries up to 8th May, 2014, an official press release issued by the organizer says. Individuals or companies may submit their entries or on behalf
CIBJO Releases Colored Stone Special Report
Milan: With fewer than five weeks to go to the opening of the 2014 CIBJO Congress in Moscow on May 19, 2014, the fourth of the CIBJO commissions Special Reports has been released, as stated in a press brief. Prepared by the CIBJO Colored Stone Commission, headed by Nilam Alawdeen, the report focusses on the proper disclosure of gemstone treatments and
Indias Silver Jewellery Exports Double
Mumbai: A shortage of gold as a raw material and the consequent decline in gold jewellery exports appears to have opened up new avenues of growth for silver jewellery in India, reports Mineweb. Indias silver jewellery exports rose 45.33% to $84.1 million in February 2014, and jumped 89% in the 11-month period to $1.35 billion, according to data from the Gem
Botswana and ALROSA Start Orapa License Work
Gaborone: Botswana Diamonds said work is underway on three prospecting licenses in the Orapa region of Botswana, as part of a joint venture between the African exploration group and ALROSA. Heavy concentrate sampling has started at PL 206, while on PL 085 reconnaissance work has started and will be followed by heavy concentrate sample to evaluate kimberlite indicator minerals and
Global Diamond Jewellery Sales Up by 3% in '14
Gaborone: In local currency terms, there was growth in each of the top five diamond markets, which account for 75% of global demand. Growth would have been almost five per cent had it not been for the strengthening of the US dollar against the currencies of several of the major diamond consumer markets in the latter part of 2014, according
JNA Awards 2015 Honours Industry's Brightest
Hong Kong: JNA Awards, one of the world’s most prestigious awards in the gemstone and jewellery sector, tonight celebrated and honoured enterprises and individuals whose ambitions have helped elevate the industry and inspired others to do the same. Leading off the brilliant assembly of awardees was Ou Yang Chiu Mei, recipient of JNA’s highest honour – the Lifetime Achievement Award.
Petra Diamonds FY2015 Revenue Down 10%
Johannesburg: Petra Diamonds reported double-figure percentage drops in both revenue and profits for the year to June 30 on the back of a weakened market and low prices. Revenue was down 10 percent from $471.8 million to $425 million. Adjusted net profit after tax was down 33 percent from $93.7 million to $62.8 million, according to a company statement. Chief
