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
De Beers Rough Sales up in 6th Cycle of '17
Gaborone: De Beers reported a provisional sales figure of $572 million in its sixth sales cycle of 2017 which took place last week. The figure compares with of $528 million in its sixth sales cycle of 2016. Bruce Cleaver, CEO, De Beers Group, said: “The sixth sales cycle of the year maintained the trend of consistently good demand for De
Origins of Argyle Necklace Debuts in NY
Perth: Rio Tinto’s famed champagne and cognac diamonds from its Argyle diamond mine have been showcased in a signature piece of jewellery in New York, in celebration of their unique Australian provenance and the diamond ties that bind Australia and the US. The Origins of Argyle statement necklace features more than 45 carats of cascading champagne and cognac diamonds and
GJSCI Conducted a Seminar at IIJS 2017
Mumbai: Gems & Jewellery Skill Council of India (GJSCI) conducted a seminar on ‘Hiring for the future – Best practices in HR’ during IIJS 2017. The 60 minute seminar was inaugurated in the esteemed presence of Ms. Saumya Badgayan, GM, corporate strategy, HR & IR, Mr. Nirav Mandir, Chief Human Resource Officer, Shree Ramkrishna Exports Pvt. Ltd, Mr. Vijay Deshpande,
'Vision 22' to Make India Global Jewellery Hub
Mumbai: “India’s vision is to become global jewellery hub by the end of 2022 and accordingly a strategical plan has been drawn. We have also outlined a plan to increase our exports by about 40% over the next five years,” said Mr. Praveenshankar Pandya, chairman of the country’s Gem and Jewellery Export Promotion Council (GJEPC). The council has prepared a
Platinum Strike Deal Edges Closer
Johannesburg: Labour negotiations at South Africa’s PGM mines are edging closer to a resolution as talks mediated by a ministerial task team continue. July platinum softened for a fifth session in a row on Wednesday to $1,433 an ounce and is down sharply from the $1,493 level less than two weeks ago over renewed hopes for an end to the
De Beers Signs $37M Deal for BT Networking
Gaborone: The De Beers Group selected BT for a range of IT and networking services with a six year contract and at a cost of $37 million. BT will orchestrate IT services across 70 De Beers locations, including exploration and mining sites, drawing on capabilities of the BT Connect portfolio that provides fiber optic, microwave and satellite linkages, as well
Chaim Zohar Awarded Life Membership of DDC
Johannesburg: Renowned diamond industry journalist Chaim Even-Zohar has been awarded an Honorary Life Membership of the Diamond Dealers Club of South Africa (DDC) for his lifetime dedication and contribution to the diamond industry. Ernie Blom, Chairman of the DDC and World Federation of Diamond Bourses President, presented Even-Zohar with the membership certificate. “We, as the Diamond Dealers Club of South
ALROSA and DDC Sign MoU
Las Vegas: ALROSA and Diamond Dealers Club of New York signed a Memorandum of Understanding (MoU) aimed to develop the diamond industries of Russia and the USA.The document was signed at an official ceremony in Las Vegas on 30 May by Reuven Kaufman, President of the DDC, and Alexander Malinin, Director of “Brillianty ALROSA” (ALROSA’s cutting and polishing division). The
