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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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

Read More »

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Lucara Finds 472 ct. Diamond from Karowe Mine

Gaborone: Lucara Diamond Corp.’s 100% owned Karowe Diamond Mine in Botswana has yielded up another large diamond. This one, at 472 carat, is the third largest stone recovered at Karowe, Lucara said. It is a top light brown gem diamond. Lucara CEO, Eira Thomas commented, “In 2018, mining at Karowe is focused in the high value south lobe, which consistently

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Celebrate this Akshay Tritiya with Platinum

Mumbai: Celebrate auspicious Akshaya Tritiya this year with the pure white metal, Platinum. On this day ‘white’ is considered auspicious and is of special significance, for it symbolises purity. The word “Akshaya” means never diminishing in Sanskrit and the occasion is celebrated with white payasam, jasmine flowers; kolam and even white utensils are used for the puja. Platinum is a

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Fura Appoints Thompson Group as Creative Agency

Toronto: Fura Gems Inc., a gemstone mining and marketing company, has appointed the Thompson Group as their creative agency.  The Thompson Group will lead the development of a marketing initiative to build awareness and establish prestige branding for Colombian Emeralds and Mozambique Rubies.  This is part of the Company’s overall plan to structure the coloured gem market and unlock significant

Read More »

Registration Starts for 2018 World Diamond Congress

Antwerp: The official website of the 38th World Diamond Congress has gone live, allowing participants to register for the June 19-21 biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). The three-day gathering, organised by the Israel Diamond Exchange, will take place at the Hilton Hotel in Tel Aviv, starting with committee

Read More »

Lucara Finds 472 ct. Diamond from Karowe Mine

Gaborone: Lucara Diamond Corp.’s 100% owned Karowe Diamond Mine in Botswana has yielded up another large diamond. This one, at 472 carat, is the third largest stone recovered at Karowe, Lucara said. It is a top light brown gem diamond. Lucara CEO, Eira Thomas commented, “In 2018, mining at Karowe is focused in the high value south lobe, which consistently

Read More »

Celebrate this Akshay Tritiya with Platinum

Mumbai: Celebrate auspicious Akshaya Tritiya this year with the pure white metal, Platinum. On this day ‘white’ is considered auspicious and is of special significance, for it symbolises purity. The word “Akshaya” means never diminishing in Sanskrit and the occasion is celebrated with white payasam, jasmine flowers; kolam and even white utensils are used for the puja. Platinum is a

Read More »

Fura Appoints Thompson Group as Creative Agency

Toronto: Fura Gems Inc., a gemstone mining and marketing company, has appointed the Thompson Group as their creative agency.  The Thompson Group will lead the development of a marketing initiative to build awareness and establish prestige branding for Colombian Emeralds and Mozambique Rubies.  This is part of the Company’s overall plan to structure the coloured gem market and unlock significant

Read More »

Registration Starts for 2018 World Diamond Congress

Antwerp: The official website of the 38th World Diamond Congress has gone live, allowing participants to register for the June 19-21 biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). The three-day gathering, organised by the Israel Diamond Exchange, will take place at the Hilton Hotel in Tel Aviv, starting with committee

Read More »

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