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
GJEPC Seeks Govt Intervention on US’ Reciprocal Tariff Proposal
New Delhi: Top representatives of India’s gems and jewellery sector have urgently briefed Commerce Secretary Mr. Sunil Barthwal, IAS, on the potential repercussions of the United States’ recent notice regarding reciprocal tariffs. The delegation, led by Mr. Shaunak Parikh, Vice Chairman, GJEPC, along with Mr. Adil Kotwal, President, Seepz Gem & Jewellery Manufacturers’ Association (SGJMA), and Mr. Sabyasachi Ray, Executive
1094 Ct. Seriti Diamond Arrives in Antwerp
Antwerp: HB Antwerp has welcomed Seriti, a genuinely extraordinary 1,094-carat rough diamond unearthed from Lucara’s world-renowned Karowe mine in Botswana. Seriti has now arrived in Antwerp, a true force of nature, where HB expert artisans powered by our advanced proprietary technologies will reveal its full potential. This historic find marks the sixth diamond exceeding 1,000 carats recovered from Karowe, reaffirming the mine’s status
GJEPC Meets FM to Discuss Industry Key Issues
New Delhi: Leaders of India’s Gem & Jewellery Export Promotion Council (GJEPC) met with the Finance Minister (FM) Mrs. Nirmala Sitharaman, to discuss pressing issues and the way forward for the gem and jewellery industry. Mr. Kirit Bhansali, Chairman, GJEPC, and Mr. Shaunak Parekh, Vice Chairman, GJEPC, along with Mr. Sabyasachi Ray, Executive Director, GJEPC, engaged in a courtesy meeting
GJC’s First Labham Seminar in Ahilyanagar
Ahilyanagar: The All India Gem & Jewellery Domestic Council (GJC) successfully organized its flagship knowledge-sharing event this week, the Labham Seminar, at Hotel Raj Palace in Ahilyanagar. This was the first-ever Labham Seminar held in Ahilyanagar, conducted in collaboration with the Gold Jewellers Council – Ahilyanagar, a prestigious association dedicated to the growth and prosperity of the local jewellery trade.
Piyush Goyal Lays Foundation of Mega CFC at Seepz
Mumbai: Honourable Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles Mr. Piyush Goyal laid foundation stone for Mega Common Facility Centre (CFC) at Santacruz Electronic Export Processing Zone Special Economic Zone on Saturday in the presence of Mr. Colin Shah, Chairman GJEPC and Mr. Shyam Jagannathan, The Zonal Development Commissioner SEEPZ, SEZ along with
Petra to Sell 50% Stake in Williamson Diamonds
Dar Es Salaam: Petra Diamonds has agreed to sell a 50% of the entity that holds its shareholding in Williamson Diamonds Limited (WDL), the operator of the Williamson Mine, to Caspian for $15 million. Caspian is a long-term technical services contractor at the Williamson Mine in Tanzania. WDL is currently 75% owned by Petra, 25% owned by the government of
GJEPC Partners with NDC for Global Campaign
Mumbai: The Natural Diamond Council (NDC) has partnered with the Gem Jewellery Export Promotion Council (GJEPC) for their global campaign – ‘Thank You, By the Way’. The campaign reaches out to consumers who, now more than ever before, want to know where their products come from and the impact their purchases have on producing countries and local communities. It thanks
First Female President Appointed for Diavik Mine
Yellowknife, (Canada): Rio Tinto has appointed Angela Bigg as president and chief operating officer of the Diavik Diamond Mine. Angela, previously general manager, Operations at Diavik, will be the first female to lead the mine and its 1,100 employees. Angela joined the Diavik team in November of 2017 as vice president, Finance. She began her career with Rio Tinto in
