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
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Early Bird Discount for “TREASURES”
Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in
First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo
Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first
New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia
Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of
Lukson Opens its 10th Exclusive Store in Bandra
Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making
De Beers Auctions Appoints Alastair Bickerstaff
London: De Beers Group Auctions has announced the appointment of Alastair Bickerstaff as the Head of Product Development and Sales. The new role, which was created following the departure of the Head of Sales and CRM, is an amalgamation of two instrumental elements of the business – Product Development and Sales. As the Head of Product Development and Sales, Alastair’s
CIBJO Releases Diamond Special Report
Milan: With fewer than seven weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the fourth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Diamond Commission, headed by Udi Sheintal, the report focuses predominantly on what it refers to as the “faultline” between diamonds mined in nature and man-made
Need for Transparency in Diamond Transactions
Dubai: The World Federation of Diamond Bourses (WFDB) Presidents Meeting after a special session on blockchain technology and supply source traceability has decided to take further steps on the need for increased transparency in diamond transactions. The decision came after a debate on the conclusions of a panel on traceability, provenance and blockchain technology which included De Beers Group’s Feriel
De Beers Progresses in Women Entrepreneur Training
On the second anniversary of becoming a HeForShe Thematic Champion and partnering with UN Women, De Beers Group announced that more than 700 women micro-entrepreneurs in Namibia and South Africa have successfully completed their training. The Accelerating Women Owned Micro-Enterprises (AWOME) programme has also recently launched in Botswana, creating even more opportunities for women micro-entrepreneurs to participate. Part of De
