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
WDMF Announces World Diamond Museum
Las Vegas: The World Diamond Mark Foundation (WDMF) announced it has built the virtual foundations of the World Diamond Museum, a unique resource in the cloud that will be bringing together and put on display an unprecedented and therefore unique collections of extraordinary diamonds and diamond jewellery – from famous stones to hidden, until now unknown pieces that deserve to
50 Indian Cos Participating in JCK, Las Vegas
Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), India will present the India Pavilion at JCK Las Vegas for the 13th consecutive year with 50 leading gem and jewelry exporters, including plain and studded diamond and coloured gemstone Jewellery. Scheduled from 3-6 June, the India Pavilion is spread across 81 booths, strategically located at the Diamond Plaza and the Passport
Antwerp Diamond Trade Fair with a New Form
Antwerp: The 8th edition of the Antwerp Diamond Trade Fair, which will be held from 29 to 31 January 2017 will have a new name, a new look and a new business model, the organizers said in a statement. The fair has been organized every year since 2010 by The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond
IDE’s Rough Allocation for Young Mfrs. Takes Off
Ramat Gan: The Israel Diamond Exchange’s program, in cooperation with Panford (Israel) Ltd., to offer a special allocation of rough diamonds for young diamantaires was officially launched yesterday. The program, which was originally announced in September 2014 at the initiative of Yoram Dvash, then head of the IDE Industry Committee, makes available small parcels of De Beers rough from first
Flanders Allows Foreign Diamond Workers in Antwerp
Antwerp: The Council of Ministers of the Flemish Government decided on the proposal of Minister of Work Zuhal Demir, that foreign workers may be employed for the shortage occupations of diamond polishers and diamond sorters. The decision is an important boost for the Antwerp diamond sector, which faces a structural shortage of these specialised profiles. They are scarcely available on
18 Antwerp Diamond Co. Finance for Medicines in Botswana
Antwerp: Botswana’s Minister of Minerals and Energy, Joy Bogolo Kenewendo, is visiting the Antwerp diamond sector this week to thank 18 diamond companies that jointly financed life-saving medicines and medical supplies. The Antwerp diamond community mobilised after Botswana declared a medical state of emergency this summer due to a severe shortage of essential medicines. Thanks to the funds raised, more
BDB Hosts RJC Roadshow & Board Meeting
Mumbai: Reinforcing its commitment to global best practices, Bharat Diamond Bourse (BDB) hosted the Responsible Jewellery Council (RJC) Roadshow, bringing together international experts and industry professionals for focused discussions on responsible, transparent, and future-ready practices in the diamond and jewellery sector. Led by Mr. Dave Meleski, Chairman, RJC, the programme featured presentations by Ms. Suzanne Brooks, General Manager – Standards,
Progress Killed in Pursuit of the Impossible: WDC
Dubai: The World Diamond Council (WDC) yesterday expressed profound regret that a small number of Kimberley Process (KP) Participants blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities. For three years, the KP Review and Reform Committee worked on the most ambitious reform effort in more than two decades. That work brought the KP closer than
