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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
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CIBJO Honours Memory of Friedrich Schwarzer
Milan: CIBJO is paying tribute to the memory of a former president, Friedrich (Fritz) Schwarzer, who died recently in Austria, after decades of public service in the jewellery industry, both in his native country and internationally, and more than 60 years of experience in the trade. He headed the World Jewellery Confederation from 1993 through 1996. Born in 1938 into

WDC Supports OECD Due Diligence Guidance
New York: The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, announced today its support of the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance (DDG) at the Annual OECD Forum on Responsible Mineral Supply Chains. “The World Diamond Council

AWDC & ALROSA Sign New Cooperation Agreement
Moscow: On April 24, during the City of Antwerp’s Mission to Russia, organized in cooperation with the Port of Antwerp, leading partner Antwerp World Diamond Centre (AWDC) signed a cooperation agreement with the world’s leading diamond mining company, ALROSA. Leading this mission emphasizes AWDC’s commitment to safeguarding Antwerp’s position as the leading trade hub in the diamond industry, and

De Beers’ Production Goes Up by 15% in Q1
Gaborone: De Beers lifted its rough diamond production by 15 percent to 8.5 million carats in the first quarter of 2018 compared with 7.4 million carats, a year earlier, according to its parent company, Anglo American. The diversified mining group said that the increase in De Beers’ production reflects the ramp-up of production from Gahcho Kué in Canada, which reached

CIBJO Honours Memory of Friedrich Schwarzer
Milan: CIBJO is paying tribute to the memory of a former president, Friedrich (Fritz) Schwarzer, who died recently in Austria, after decades of public service in the jewellery industry, both in his native country and internationally, and more than 60 years of experience in the trade. He headed the World Jewellery Confederation from 1993 through 1996. Born in 1938 into

WDC Supports OECD Due Diligence Guidance
New York: The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, announced today its support of the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance (DDG) at the Annual OECD Forum on Responsible Mineral Supply Chains. “The World Diamond Council

AWDC & ALROSA Sign New Cooperation Agreement
Moscow: On April 24, during the City of Antwerp’s Mission to Russia, organized in cooperation with the Port of Antwerp, leading partner Antwerp World Diamond Centre (AWDC) signed a cooperation agreement with the world’s leading diamond mining company, ALROSA. Leading this mission emphasizes AWDC’s commitment to safeguarding Antwerp’s position as the leading trade hub in the diamond industry, and

De Beers’ Production Goes Up by 15% in Q1
Gaborone: De Beers lifted its rough diamond production by 15 percent to 8.5 million carats in the first quarter of 2018 compared with 7.4 million carats, a year earlier, according to its parent company, Anglo American. The diversified mining group said that the increase in De Beers’ production reflects the ramp-up of production from Gahcho Kué in Canada, which reached