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
Platinum Evara Launches New TVC Featuring Revathy
Mumbai: The bond between a mother and daughter is indefinable. They areunited through threads of nurturance, compassion and unconditional love. Todayhowever, the curve of this relationship has evolved – the traditional power equation has collapsed, mothers and daughters are friends first. There is an intimacy that perhaps didn’t exist in that relationship earlier, since it was governed by roles. Conceptualized and developed by Metal
Zimbabwe Launches Online Diamond Sales Platform
Harare: The Zimbabwean government has launched the Zimbabwe Electronic Diamond Trading System – an online diamond sales platform “in a bid to promote transparency and the ease of doing business”, according to a report at the Herald newspaper. Mines minister Winston Chitando is quoted as saying that the system “would ensure that the sale of diamonds through the Minerals Marketing
CIBJO Congress 2018 Set to Kick off on October 15
Milan: With the 2018 CIBJO Congress set to open in Bogotá, Colombia, in five days’ time, agendas and related documentation for the various sessions and meetings that will take place during the event are now available online. Contained in a Digital Binder, they can be downloaded from the dedicated congress website. The schedule of the CIBJO Congress includes a series
GJEPC's India Diamond Week at Mumbai from 23rd Oct
Mumbai: After the phenomenal success of its first edition and increasing demand from the buyers as well as sellers, India’s Gem & Jewellery Export Promotion Council (GJEPC) is all set to organize the 2nd edition of India Diamond Week in Mumbai from 23 – 25 October 2018. This year, India Diamond Week will be held on the side lines of
Rio Tinto showcases “Oculus Rift” technology
Las Vegas: Rio Tinto Diamonds is bringing the mine to the marketplace by using innovative Oculus Rift technology to provide an interactive virtual journey into its Diavik Diamond Mine in the remote Northwest Territories of Canada. The Oculus Rift will debut at the Rio Tinto booth at the world’s largest diamond jewellery trade show, the JCK Luxury Show, in Las
WDC & KP Sign an MOU
Antwerp: Edward Asscher, President of the World Diamond Council, and Vice Minister Wei Chuanzhong, Chair of the Kimberley Process, signed a Memorandum of Understanding in Antwerp on Friday, May 23, formalizing the agreement for 2014 between the two organizations, according to which WDC finances and operates the Administrative Support Mechanism (ASM) on behalf of the Kimberley Process. The ASM provides
ALROSA Expects 5-Percent Growth in Rough Prices
Moscow: ALROSA expects that global rough prices will go up by 5% in 2014 over the last year, according to the ITAR-TASS report from St. Petersburg. This was disclosed to journalists on the sidelines of the St. Petersburg International Economic Forum by Fyodor Andreev, President of ALROSA. “We reckoned on a growth rate of 5%. I think it is achievable,”
Zimbabwe Orders Miners to Sell Gems through RBZ
Harare: The cash-strapped ruling ZANU PF government has issued an order to all diamond miners in the country to sell their gems through the Reserve Bank of Zimbabwe (RBZ). The permanent secretary in the Ministry of Mines, Francis Gudyanga, reportedly wrote a letter to the companies explaining that the central bank will use the diamonds to secure a government loan.
