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
Zen Diamond Opens Store in Chandigarh
Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.
Rio Tinto Concludes Its Final Beyond Rare Tender
Perth: Rio Tinto has brought its celebrated Beyond Rare Tender series to a close, presenting 52 lots of exceptional fancy colour diamonds sourced from its Australian and Canadian mines. Titled “Into The Light,” the event was the third and final edition in Rio Tinto’s annual Art Series. With the Argyle Diamond Mine having ceased operations in 2020 and the Diavik
GJEPC Submits Pre-Budget Proposals to Govt.
New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) submitted a set of pre-budget proposals to the Government of India in New Delhi on 7th November, aimed at improving ease of doing business and boosting exports. The Council proposals were put forth by Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Anoop Mehta, Convener – Diamond Panel; Mr. K. Srinivasan, Convener
WHP Jewellers Receives IAGES Accreditation
Mumbai: In India’s highly dynamic gold sector, consumers are increasingly seeking retailers who follow a strict Code of Conduct that offers transparency, trust, and sustainability across the entire gold value chain. To establish a stringent framework across the industry, the Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry,
Jharkhand to Auction Gold Mine-2 by May
New Delhi: Jharkhand is all set to become the second state in the country to auction a gold mine—two, in this case—and will come out with tenders for the blocks by April-end or in the first week of May. The government has already set the ball rolling for the auction process. The state has already successfully auctioned two small limestone
De Beers Q1 2016 Production -10%
Gaborone: De Beers has announced that its first quarter diamond production decreased 10 percent compared to the same period a year previously. The company mined 6.9 million carats as opposed to 7.7 million carats in the first quarter of 2015, reflecting the decision to reduce production in response to the trading conditions last year. At its Debswana mine in Botswana,
India’s U-Turn over Koh-i-Noor Claim
New Delhi: The Indian government says it is still seeking to reclaim the Koh-i-Noor diamond from Britain, despite telling India’s Supreme Court otherwise. The gem came into British hands in the 19th Century and is part of the Crown Jewels on show at the Tower of London. Ownership of the priceless gem is an emotional issue for many Indians, who
CIBJO Releases 'CSR for the Jewellery Professional'
Milan: World Jewellery Confederation Education Foundation (WJCEF), the educational arm of CIBJO, has announced the launch of a six-lesson course on Corporate Social Responsibility (CSR) for jewellery, diamond, coloured gemstone, pearls, coral and precious metal professionals, in association with Branded Trust Education of Australia. The online course, called “CSR for the Jewellery Professional” was developed by a team of world-recognized
