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 Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Top News
Rio to Build Largest Solar Plant in Canada’s North
Perth: Rio Tinto’s Diavik Diamond Mine is set to construct the largest solar power facility within Canada’s territories, featuring a vast array of over 6,600 solar panels. This innovative project will generate around 4,200 megawatt-hours of carbon-free electricity each year, catering to the mine’s energy needs. During the mine’s closure work, extending until 2029, the solar power plant will contribute
IIJS Premiere 2023 Generates Highest-Ever Business of over Rs. 70,000 Crore
Mumbai: The 39th edition of IIJS Premiere 2023, organized by India’s Gem & Jewellery Export Promotion Council (GJEPC), concluded with an overwhelming response generating its highest-ever business of over Rs. 70,000 crore for the trade. The second largest gem & jewellery fair of the world had 50,000 plus visitors at the two venues of JIO World Convention Centre (3-7 August)
Commerce Secretary Engages with Int’l Delegates
Mumbai: India’s Commerce Secretary Mr. Sunil Barthwal visited IIJS Premiere on 6th August at JWCC and NESCO, where he engaged in discussions with international delegations from several countries as well as the GJEPC Committee of Administration (CoA).The Secretary met with more than 150 international delegates attending IIJS Premiere 2023 with the aim of addressing trade challenges, exploring collaborative opportunities, and
GJEPC Hosted 8th Edition of Jewellers for Hope
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosted the 8th edition of its esteemed charity dinner, ‘Jewellers for Hope,’ at a glittering event attended by industry leaders and philanthropists. Backed by lead partner – De Beers; Associate Partner – World Gold Council; and powered by GIA; the ‘Jewellers for Hope’ charity event once again garnered overwhelming support from
WDC's Annual Meeting in Antwerp from 28th Oct
Antwerp: Members of the World Diamond Council (WDC) have assembled in Antwerp, October 28 to October 30, for the organization’s 2014 Annual General Meeting. Among the guests are Philippe Mellier, De Beers CEO, who will address a special all-day session on October 29, which will focus on issues associated with the Kimberley Process, 14 years after its establishment, and the
IIGJ Appoints Dr. Seema Shah as Head for Mumbai
Mumbai: Dr. Seema Shah has been appointed as the Head at IIGJ Mumbai with effect from September 22, 2014. The Indian Institute of Gems & Jewellery (IIGJ) is a project of the Gems and Jewellery Export Promotion Council (GJEPC) sponsored by the Ministry of Commerce and Industry, Government of India. The previous Principal Col. Arora has stepped down due to
SA Minister to Address Second ZDC
Harare: South Africa’s Minister of Mineral Resources, Mr Ngoako Ramatlhodi, will speak at the Second Zimbabwe Diamond Conference (ZDC) to take place next month about the huge contribution of mining to the economies and societies of South Africa and Zimbabwe and the need to responsibly manage resources. Mr Ramatlhodi will be a keynote speaker at the event, along with mining
Large Diamonds Mined at Stellar’s Site in Guinea
Conakry: Stellar Diamonds, the mining company focused on sites in West Africa has reported that processing of the first kimberlite sample from the Baoulé trial mining project in Guinea has yielded two gen quality diamonds of over 5 carats, one stone more than 3 cts and three diamonds of over 1 carat. It said that this “suggests that Baoulé has
