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
IDI Hopeful Before HKJMA Show
Ramat Gan: Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry (IDI) is looking forward to a positive experience at the Hong Kong International Jewellery Manufacturers’ Show, being held from November 30 to December 3 at the Hong Kong Convention & Exhibition Centre. This is the fourth time
Forevermark Launches at PMJ Jewels, Hyderabad
Hyderabad: PMJ Jewels, a brand that promises to create jewellery with utmost love & passion have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Hyderabad. Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, PMJ Jewels promises to give you a jewellery experience that is
‘Glimpz 2017’ Exhibition at IIGJ
Mumbai: ‘Glimpz-17 ‘Exhibition was an important event for the Indian Institute of Gems & Jewellery, Mumbai. Every year the 3 Year Degree Program culminates with a Graduating Project during which the students create collections of jewellery on particular themes. This year the students of Degree Bach 11 were asked to work on the Theme “Art-ism” which means an art movement.
202-Carat Diamond Unearthed from Letšeng Mine
Maseru: Gem Diamonds announced the recovery of a high-quality 202-carat, D color Type IIa diamond from the Letšeng mine in Lesotho. It is the seventh diamond of over 100 carats to be recovered to date in 2017 from Letšeng. In 2016, Gem Diamonds unearthed just five diamonds larger than 100 carats. In their Q3 2017 trading update, Gem Diamonds’ CEO,
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.
