Grand Opening Ceremony Of GJ Hub India Gems & Jewellery Show Bangalore - 2017

HK exports celebrates 25th anniversary
2017-07-07
The new logo reflects a modern, approachable look that identifies with the company in the diamond industry. With the new logo, HK also introduced its values, mission and vision.
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Over 22K oz of gold for Mercedes guidance
2017-07-07
Mercedes Mine, Sonora State, Mexico reported solid first quarter production of 22,164 ounces of gold and 88,572 ounces of silver and remains on track with 2017 guidance.
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Gem diamonds Recovers 126 ct diamond
2017-07-07
Gem Diamonds Limited announced the recovery of a high quality 126 carat, D colour Type IIa diamond from the Letšeng mine in Lesotho. The announcement follows the news of the recovery of two high quality diamonds in June 2017, a 104.73 carat diamond and a 151.52 carat yellow diamond from Letseng, the highest dollar per carat kimberlite diamond mine in the world.
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CGST will be applicable if a brand name
2017-07-06
Thus, unless the brand name or trade name is actually on the Register of Trade Marks and is in force under the Trade Marks Act, 1999, CGST rate of 5% will not be applicable on the supply of such goods.
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The essence of Indian royalty
2017-07-06
Luxury Jewellery brand Manubhai Jewellers captures the essence of Indian royalty in its unique range of chains and earrings. Handcrafted with sheer finesse and artistry, the collection reflects the dynamic taste of modern-day royals
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Elegance is forever
2017-07-05
The soft weave that characterizes the Gourmette silhouette evokes images of long braids of nautical ropes, clad in a veil of high gloss gold with a mirroring effect that reflects each ray of sunshine and holds all of the magic of light.
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Merlin discovers two pink diamonds
2017-07-05
Merlin Diamond discovers of two pink diamonds, one 0.039ct and the second 0.025ct. This is in addition to the recovery of a pink diamond (0.70ct) announced in the March 2017 quarterly report.
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Angola with 1 bn kt of diamonds
2017-07-04
Angola has a total of 1 billion carats of diamonds in resources and reserves of which over 950 million in Kimberly and more than 50 million in alluvial. The data were released Friday in Luanda by the deputy director of the company in charge of scientific research in the field and geological prospecting, Victor Ustinov.
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Highest monthly volume Spot Gold
2017-07-04
The Loco-Dubai Spot Gold contract achieved its highest monthly volume of 4,702 contracts with a traded value of USD 189.62 million, while it was also a record month for deliveries with over 335kg being exchanged. The contract also saw a significant jump of 1766% over the same period last year, trading a total of 10,172 contracts to-date in 2017.
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A moment of pride
2017-07-04
Bulbeer Gandhi, Lifestyle Event Director, ABEC Exhibitions was present at the gala celebration of FbbColorsFemina Miss India 2017 pageant winners at Shobha Shringar Jewelers showroom, Mumbai. At the occasion, Bulbeer Gandhi congratulated the winning trio- Femina Miss India World, Manushi Chillar; First Runner-Up, Sana Dua; Second Runner-Up, Priyanka Kumari for their effortless victory.
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Alrosa develops Zarya mining deposit
2017-07-03
The Company invested a substantial amount – almost Rub5.5 billion – into the construction of Udachny underground mine. Persistent efforts were also taken to support existing facilities at Mir, Internationally, and Aikhal underground mines.
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DGFT permits IGI
2017-07-03
According to the available detail, IGI-India is added as the Agency that has permitted to import duty free diamonds for certification or grading and subsequent re-export, subject to conditions mentioned in paragraph 4.75 of Handbook of Procedures 2015-20 and other applicable provisions of the law in this regard.
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Russia named unique diamond
2017-07-02
The unique diamond kept in the Russian State Fund of Precious Metals and Precious Stones (Gokhran of Russia) under the Ministry of Finance of the Russian Federation has been named after legendary Soviet intelligence officer Armenian Gevorg Vardanyan and his wife Gohar
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The 9th ADTF on move
2017-07-01
BrilliAnt 2018, Part of the highlights of the Antwerp Diamond Year Celebrations from October 2017 to February 2018, the City of Antwerp will be organizing a dedicated Diamond Year: a festive period full of events to celebrate the 570-year anniversary bond between the City of Antwerp and the diamond industry.
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Modi performs India reforms
2017-07-01
One nation, one tax is reality now! Indeed it is a new era downs! From business perspective & in the context of New India dream, Prime Minister Narendra Modi should introduce a Single Window system for business in one nation!
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GST rolled out for Gem-n-Jewellery
2017-06-05
The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley announced GST rates for gem-n-jewellery goods after the 15th Meeting of the GST Council held at Vigyan Bhavan in the national capital.
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WDM and MoND cooperate for diamonds
2017-06-03
The World Diamond Mark Foundation (WDM) and the Museum of Named Diamonds (MoND) announced they will be joining forces to collect retailers stories about diamonds at the upcoming JCK Las Vegas show.
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Signet at conflict-free supply chain
2017-06-03
Signet was one of only four companies to have its Gold Conflict-Free filing with the SEC independently audited in line with the Section 1502 requirements in 2014, 2015 and 2016
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US diamond jewellery demand hits US$41 bn high
2017-06-03
US consumers now account for roughly half of all diamond jewellery purchases globally – a level not seen since before the financial crisis. Although bridal diamond jewellery continues to be the foundation of demand in the US, more frequent acquisitions and a higher value of spend from single women helped drive demand.
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Alrosa looks at preferential tax treatment at SNZ
2017-06-03
Memorandum of Cooperation between PJSC Alrosa and Gem & Jewelry Export Promotion Council (GJEPC) was signed in the scope of India-Russia Summit with the participation of the Russian President Vladimir Putin and Indian Prime Minister Narendra Modi. The official signing ceremony took place in the Konstantin Palace in Saint Petersburg.
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15thGST meeting today
2017-06-03
The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 15th Meeting of the GST Council scheduled to be held today, i.e., Saturday, 3rd June, 2017 at Vigyan Bhavan in the national capital.
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Nirav Modi launches a new global campaign
2017-06-02
Along with the Campaign, Nirav Modi highlighted his Jasmine Collection that takes its inspiration from a jasmine flower unfurling. A floral rhythm is infused into the jewel, capturing an intuitive sense of balance. Composed of specially developed Jasmine cut diamonds, this ring is crafted into a blossom that creates a perfect silhouette.
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Mystique Charm, multi-finger rings
2017-06-02
Dillano Jewels, the luxury precious jewellery brand introduces Mystic Charm, an assortment of multi-finger rings and dainty earrings for modern women. The collection comprises striking pieces which are crafted in yellow gold, white gold and diamonds.
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Kirkland Lake targets 200k oz of gold in 2017
2017-06-02
Kirkland Lake Gold provided an update of progress at its Fosterville Mine and recent management changes. In-spite of the planned mill downtime in May, the Fosterville Mine is projected to produce between 70,000 and 80,000 ounces of gold during Q2 2017. The mine is well-positioned to deliver the recently increased annual production guidance of 200,000 - 225,000 ounces of gold for 2017.
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3.98 ct Vivid Blue Diamond fetched US$80m
2017-06-01
A 3.98 ct rectangular-cut Fancy Vivid Blue Diamond by Moussaieff fetched HK$68,860,000/US$8,879,821. It was purchased by Harry Winston CEO Nayla Hayek who commented immediately after the auction “I am so happy to have been able to secure this rare blue diamond which will take a prominent place in our important collection of top gems”.
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Marketing Campaign for Lab-Grown
2017-06-01
The New Dawn Diamonds brand will target a younger consumer audience, marketing a sustainable, eco-friendly alternative to traditional mined diamonds. The strategy is to engage consumers digitally with content marketing and funnel them through clicks to bricks into New Dawn retailers to learn more about and purchase man-made, lab grown diamonds.
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AWDC calls to join 3rd Yoga Day!
2017-06-01
On Sunday 18 June 2017, the third International Day of Yoga will be celebrated in Antwerp, organized by the Antwerp Indian Association (AIA) and the Antwerp World Diamond Centre (AWDC). It was a unique moment for India three years ago, when the UN General Assembly declared 21 June the “International Day of Yoga.
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India GDP FY 2017 reaches 7.1 percent
2017-06-01
The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation, has released the Provisional estimates of national income for the financial year 2016-17 and quarterly estimates of Gross Domestic Product (GDP) for the fourth quarter (January-March) of 2016-17, both at constant (2011-12) and current prices.
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Gold demand in India fell 52.4 percent in Q2
2016-08-01
Precious metals research firm Thomson Reuters GFMS July announced in 26 days Gold Survey 2016: Q2 Review & Outlook. According to the, the world gold total supply of the second quarter of 2016 (April-June) year-on-year 6.2 percent become the 1,120 tons of the increase, the second quarter (April-June, 1,054 tons) in 2015 was the lowest level since.
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Cool with over 176 ct emerald!
2016-08-01
The rare size and quality of Emeralds are mined from Zambia by the world leading miners-Gemfields. The jewel master piece is made with one 176.48 carats Emerald, 18 karat gold weighing 50.660 Gms and studded diamonds are about 12.38 carats. These stunning Emerald Earrings have been adjudged a prestigious nominee in the...
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Date extended for filing IT return
2016-07-30
CBDT extends the date for filing income tax return for Assessment Year 2016- 2017 from July 31st to August 5th, 2016. As per provisions of Section 139(1) of Income-tax Act 1961, Central Board of Direct Taxes extends the due date for filing returns of Income for Assessment Year 2016- 2017 from 31st July, 2016 to 5th July,2016...
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Change in Tariff Value of Gold and Silver Notified
2016-07-30
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance.
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Simplified Excise norms for Jewellery Sector notified
2016-07-30
In this year Budget, central excise duty of 1% without input and capital goods tax credit or 12.5% with credit was imposed on articles of jewellery falling under heading 7113 of the First Schedule to the Central Excise Tariff 1985. Subsequent to that, the Government had set up a Sub-Committee of the High Level Committee, headed by Dr. Ashok Lahiri...
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The platinum price down 24% in 1H 2016
2016-07-30
Review for the six months ended 30 June 2016; Anglo American reported underlying earnings of $0.7 billion against H1 2015 had registered of $0.9 billion, with underlying EBIT decreasing by 27% to $1.4 billion. Falling realised prices were seen across most products compared with the prior year with the platinum US$ basket price down 24%, diamonds down 14%.
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Shades of Diamonds: cocktail earrings
2016-07-30
Jewellery Connoisseur Tanya Rastogi, known for creating art with jewellery, once again startles the jewellery lovers with a mesmerizing ensemble of contemporary earrings where each 18k pair of earrings is presented in an unconventional avatar. The collection is designed keeping a global diva in mind...
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Divine Collection for this Janmashtmi
2016-07-29
Go spiritual this Janmashtmi with beautifully crafted pendants, earrings and rings featuring divine diamonds, alluring gold and colorful stones. The collection from Jewelsify – the online player, extensively focuses on elaborate and multicolored gems. The collection includes flute, shell, Lord Krishna and...
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Crystal collection this monsoon!
2016-07-29
Jewellery designer Sangeeta Boochra launches her new crystal collection that is exclusively designed for the season. Crystals such as clear quartz, colours such as aqua, transparent, multicolored, smoky topaz, etc and variety of shapes and sizes have been used to keep this collection young, minimalistic and trendy.
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The debut of Mozambican rubies
2016-07-28
Gemfields, the world leading supplier of responsibly sourced colored gemstones, debuts an extraordinary collection of one-of-a-kind and limited edition jewelry at a cocktail party to unveil Bergdorf Goodman new Jewelry Salon. The collection, created by a curated group of Bergdorf Goodman jewelry designers, highlights...
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Limited Edition Signature Jewels
2016-07-28
The 100+ year old jewellery giant, WHP Jewellers, known for its evolving nature, creates an extension to their brand personality with an experimental range of Limited Edition Signature Jewels where each piece is a unique fable in itself. The collection comprises of 4 contemporary classics that present...
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Chopard and Gemfields create a new industry-leading partnership
2016-07-27
Chopard is delighted to announce a new milestone in its Journey to Sustainable Luxury. Building on its successful collaboration with the Alliance for Responsible Mining (ARM) in South America, supporting local artisanal gold mining communities and introducing products made from Fair-minded gold...
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Glo the dancing diamond collection
2016-07-27
Kalyan Jewellers, India most trusted and leading jewellery brand has announced the launch of Glo, a collection of dancing diamond jewellery. This collection features pendants, earrings, rings and bracelets, expertly crafted and placed in a way that allows the diamond in the center to dance gracefully, with every twist, every turn and every heartbeat.
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Narendra Modi urges GJ sector to create a Make in India Brand
2016-07-26
Speaking at a felicitation programme organized by GJEPC, GJF and AIJAC at New Delhi, PM assured the sector an unstinted support towards all strategic initiatives leading towards Make in India and Country economic development. Modi called for innovation and skill development to achieve this objective and work on increasing the global demand for handmade jewellery.
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GJF felicitates Shri Narendra Modi!
2016-07-26
All India Gems & Jewellery Trade Federation (GJF), the apex body of the domestic Gems & Jewellery sector organized an Industry Meet at Vigyan Bhawan, New Delhi, to honour and felicitate Prime Minister Shri Narendra Modiji for his support on the excise matter that recently applied on jewellery trade.
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GIA Brings GD to Mumbai
2016-07-26
GIA will offer its internationally recognised Graduate Diamonds (GD) Diploma program in Mumbai, a major consumer market for gems and jewellery and home to many well-known jewellery brands. The seven week programme commences on August 18, and will be taught by experienced instructors.
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Distribution of basic amenities to Shilim Village!
2016-07-26
Mr Saurabh Gadgil, CMD-PNG Jewellers along with Mr. Parag Gadgil, ED- PNG Jewellers visited Shilim village located in Maval block, as a part of PNG Jewellers CSR activity. They distributed basic amenities like Water purifiers & Writing desks across various schools in the village.
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PM urges GJ Industry registered a global presence
2016-07-25
The Prime Minister, Shri Narendra Modi, urged the Gems and Jewellery sector in India to look beyond the domestic market and establish a global presence. Speaking at a felicitation function organized for the Prime Minister, by the All India Gems and Jewellery Trade Federation (GJF)...
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Modi dare GJ industry to join Skill University!
2016-07-25
If the industry is asking for university, such university is being set up, Skill University. I wish Gems-n-Jewellery (GJ) industry & trade became a partner in the Skill Development initiative by offering skillful syllabus with vision that create an environment for innovation! This is the demand of hour for the industry to join the University & to offer an industry oriented syllabus!” said Narendra Modi.
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GJ Sector, the top Black Money center!
2016-07-25
You are those people who had been bow down governments, constrained them to withdraw which you thinks is not suitable for you! Say about imposing of Excise levy! In the past governments had been taken a step yet because of your fury they rolled back. Resultant the issue could not get sorted out!
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Scorpio Produces 10Koz of Gold
2016-07-25
Scorpio Gold Corporation had operated results for the second quarter of 2016 at its 70 percent owned Mineral Ridge project, located in Nevada.Production at Mineral Ridge in Q2 of 2016 totaled 10,089 ounces of gold and 4,325 ounces of silver, representing increases of 16 percent and 20 percent respectively over Q2 2015 production levels.
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Zgounder Silver Poured 43K oz of Silver Ingots
2016-07-25
Maya Gold & Silver registered a production of 42,998 ounces of silver that is about 1337 Kgduring the month of June 2016 at its Zgounder silver mine in Morocco. The silver ingots were produced from 5317 tonnes of dry material presenting an average head grade of 314 g/t Ag that has a recovery rate of 80.03% was which achieved.
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Fast track the allotment of PAN and TAN
2016-07-23
For fast tracking the allotment of PAN and TAN to company applicants, Digital Signature Certificate(DSC) based application procedure has been introduced on the portals of PAN service providers M/s NSDL eGov and M/s UTIITSL. Under the new process PAN and TAN will be allotted within one day after completion of valid on-line application.
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Forevermark redefines branded diamonds
2016-07-23
Forevermark, the diamond brand known for beautiful, rare and responsibly sourced diamonds, held a three-day interactive conference, The Forevermark Forum, from 19th July to 21st July 2016 in Pune. Each year, the Forum sees the attendance of prominent Diamantaires, Manufacturers and leading Jewellers...
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New Mosaic Collection
2016-07-23
Little pieces, bit by bit, comes together to form a beautiful whole. On their own, they appear in consequential but together they are simply magnificent jewellery collection! Gumuchian is introducing the Mosaic Collection. Inspired by head designer Patricia Gumuchian travels to Revenna, Italy...
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Exchange Rate effective from today!
2016-07-22
In exercise of the powers conferred by section 14 of the Customs Act, and in supersession of the notification of the Central Board of Excise and Customs (CBEC) No.96/2016-CUSTOMS (N.T.), dated 06th July, 2016, except as respects things done or omitted to be done before such supersession.
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Exporters, bring Forex within a year!
2016-07-22
RBI SIT directs Enforcement Directorate to take necessary action under FEMA with respect to 216 Companies for the period before 1st March, 2016 and against 572 Companies for the period after 1st March, 2016 for which each such Company had export proceeds pending for realisation for more than Rs. 100 crore.
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Good news is millennial love diamonds!
2016-07-22
Stephen Lussier, CEO-Forevermark CEO said, Good news is millennials love diamonds! New group of consumer wishes right through mining & up to those diamond reach to showcases are sourced rightly! The new consumers want to know from where & how diamonds have come! Each Forevermark diamond is responsibly sourced,
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New TVC to lead in the festive season
2016-07-22
Gitanjali Jewels, the flagship multi brand retail jewelry chain of Gitanjali Group, released its new TVC that brings to life the character of the modern-day couple, portrayed by actor, producer, brand ambassador Lara Dutta and her husband the globally renowned tennis player Mahesh Bhupati.
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Works wear jewellery for the multi-tasker
2016-07-22
Mumbai based luxury jewellery brand Manubhai Jewellers known for their thoughtful designs brings with it a yet another range of decorous designs for the multi-tasker woman. The collection comprises of finger rings, earrings, and pendant sets that are ideal companion to celebrate your everyday success with.
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HRD Antwerp and SSTI sign MoU
2016-07-21
Recently HRD Antwerp and SSTI (Shenzhen Senior Technical Institute) have signed a memorandum of understanding whereby HRD Antwerp has granted SSTI the exclusive right as the only college partner to organize HRD Antwerp Certified Diamond Grader (CDG) course in the Guangdong Province.
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Warrior Princess Collection!
2016-07-21
Voylla, Indian leading fashion jewellery and accessories platform, has added another feather in their cap by launching the Warrior Princess collection. The collection taps into the modern day fascination with power while deriving inspiration from ancient battle artefacts such as armours and swords, adding a contemporary twist to it.
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Zodiac-Inspired Jewellery: Leo
2016-07-21
Dignified. Proud. Creative. Confident. These are some of the traits of Leo. The sign for those born between July 23rd and August 22nd also has the good fortune of having a lion as its symbol, which has inspired jewellery designers to make magnificent creations. Leos are natural born leaders.
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IIFT to facilitate mobilising of loans for export!
2016-07-20
Shri Kalraj Misra, Union Minister of MSME inaugurated Incubation Cell at IIFT Delhi. Highlighting the initiatives taken by the government for uplifting the entrepreneurial spirit of youths in the country under Startup India, Standup India and Atal Innovation Mission, Shri Misra said that the cell would enable young entrepreneurs to get all the expert advice and technical guidance at one point.
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GJSCI creates a pathway for World Skills Competition
2016-07-20
Sanjoy Pramanik, Asrof Jamal and Sweta Singh won the India Skill 2016 for Gems and Jewellery category that was hosted at Pragati Maidan, New Delhi. The winners who were trained and coached by GJSCI won the prize money of Rs. 1,00,000 , Rs. 75,000 and Rs. 25,000 respectively and the prize was given away by Shri. Rajiv Pratap Rudy...
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Diavik Diamond Production slides by 5 percent in Q2
2016-07-20
Dominion Diamond Corporation reports Diavik Diamond Mine production results for the second calendar quarter of 2016:Processing volumes in the second calendar quarter of 2016 were 5% lower than in the same quarter of the prior year due to lower ore availability. Diamonds recovered in the second calendar quarter of 2016.
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IIt is raining, offers at Johri untill July​ 31
2016-07-20
Johri by Amaze Jewels celebrates its Anniversary this July. And they do not believe in celebrating alone. They bring in various irresistible offers for all your jewellery needs. Walk in for a complimentary jewellery servicing camp of cleaning, ​r​e-polishing and repairing your old jewellery. Also avail free certification and the best exchange value for your old jewellery.
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After a gap of 18 months Export India grew in June!
2016-07-19
During June, 2016 exports were valued at US$ 22572.30 million (Rs.151904.56 crore) which was 1.27 per cent higher in Dollar terms (6.72 per cent higher in Rupee terms) than the level of US$ 22289.43 million (Rs. 142341.88 crore) during June,2015. Cumulative value of exports for the period April-June 2016-17 was US$ 65311.77 million...
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US retail sales jumps in June
2016-07-19
According to sources, US consumers opened their wallets wider in June, spending big at building and garden supply stores as the summer season kicked in, the Commerce Department reported. Consumer spending, the main driver of the world largest economy, gained 0.6 percent to 457 billion in June, rising for the third straight month.
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Antwerp polished trade stable yet lower YoY in H1
2016-07-19
From January to June, 111.1 million carats of rough and polished diamonds were traded on the Antwerp diamond market, as compared to 102.8 million carats in the first half of 2015. The trade figures for polished diamonds remained stable but were lower than last year. The rough trade increased as compared to 2015...
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ADPMF scheduled in September
2016-07-19
The Centre multi-product from Dubai (DMCC), a government authority dedicated to improving the status of Dubai as a global gateway for trade, welcomes the second edition of the Forum of African Precious Metals Dubai (ADPMF), an annual event which aims to foster relationships between market participants in Africa, the Middle East and the world.
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Sapphire Collection onset of Monsoon!
2016-07-19
With the onset of Monsoon, Dwarkadas Chandumal Jewellers unveil their Sapphire collection. The collection, inspired by the season, showcases blue sapphire jewellery encrusted with diamonds and gold. Dwarkadas Chandumal Jewellers, renowned for their magnificence and grandeur have crafted an unmatched collection...
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Jewellery for Raksha Bandhan arrived!
2016-07-19
On the special occasion of Raksha Bandhan, Jewelsify- an online jewellery portal brings exquisite Jewellery for all the pretty sisters. What can be the best to gift your sister a beautiful jewellery she can adorn and flaunt in style at her office, or girls day out.Just arrived the new collection includes Earrings...
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Fourth tranche of SGB opens today!
0216-07-18
The Ministry of Finance has launched the 4th Tranche of Sovereign Gold Bonds and it will be open for investment by resident individuals and institutional investors from 18th to 22nd July 2016. The 4th tranche of the SGB scheme is the first series in 2016-17. Based on average of last week prices of physical gold, the issue price of the 4th tranche has been fixed at 3119 per gram of gold.
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Fixation of Tariff Value of Gold and Sliver
2016-07-18
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance...
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First edition of India Skills concludes on July 17!
2016-07-18
President Shri Pranab Mukherjee here inaugurated the first edition of India Skills Competitionon the occasion of World Youth Skills Day in the gracious presence of Union Ministers Shri Venkaiah Naidu, Smt. Smriti Irani, Shri Prakash Javadekar, Dr Jitendra Singh and Shri Rajiv Pratap Rudy. At the occasion Skill India is also celebrating its first anniversary.
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Pan India Seminars onnew Excise Duty norms!
2016-07-18
All India Gems & Jewellery Trade Federation (GJF), the apex body of the domestic gems & jewellery sector, plans to organize Pan India seminars for jewellery manufacturers, retailers and traders to share information about the norms of excise duty implementation and other trade related administrative practices, issued by Central Board of Excise and Customs (CBEC).
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Recommendations of SIT on Black Money
2017-07-18
The Fifth SIT report has been submitted before the Hon’ble Supreme Court by the SIT. An extract of the report has been uploaded on Department of Revenue website. The SIT has made the following recommendations in the Fifth Report: Suggestions are invited on the above recommendations of SIT at: sit_suggestions@nic.in
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WHP Jewellers launches 9Ratna
2016-07-18
WHP Jewellers, known for trust and quality since more than a century reinstates their core values with the launch of their first Gemstone brand 9Ratna. Realizing precious gemstones are difficult to access at a realistic price for an Indian consumer, 9Ratna was conceived.
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Rs 12K crore to impart skilling!
2016-07-16
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) with an outlay of Rs.12000 crore to impart skilling to one crore people over the next four years (2016-2020). PMKVY will impart fresh training to 60 lakh youths and certify skills of 40 lakh...
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Bank of England maintains Bank Rate
2016-07-16
The Bank of England Monetary Policy Committee (MPC) sets monetary policy to meet the 2 percent inflation target and in a way that helps to sustain growth and employment. At its meeting, the MPC voted by a majority of 8-1 to maintain Bank Rate at 0.5 percent...
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US imports prices continued to trend up!
2016-07-16
U.S. import prices rose 0.2 percent in June, after rising 1.4 percent in May, the U.S. Bureau of Labor Statistics reported.The June advance was driven by higher fuel prices which more than offset a decline in nonfuel prices. Prices for U.S. exports also increased in June, rising 0.8 percent...
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Timmins Gold production over 25K oz for 2Q 2016
2016-07-16
Preliminary production of Timmins Gold Corp registered 25,863 of gold ounces for the quarter. We are very pleased with our operating performance during the quarter and year to date, stated Arturo Bonillas, President of the Company.Gold ounces produced this quarter increased by 13% over the same period last year.
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Silver Soars 29% in 2016!
2016-07-16
Silver price performance soared in the first half of 2016, fueled by increased investor interest in silver as a safe haven asset and as leveraged exposure to gold price rally. In the period January 4–July 11, silver price increased 44.7 percent, based on the LBMA Silver Price, significantly outpacing all of the other precious metals.
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Piaget Sunny Side of Life!
2016-07-16
This quintessential late summer afternoon deserves to be carved in stone, or make that carved in countless coloured stones: pink, blue, yellow or green, as vibrantly diverse as this joyful season. Precious gems pave the way towards the oncoming evening, celebrating the delicious lightness of a life dotted with radiant moments, spent reveling in the creative...
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HLC recommends for excise, government accepts!
2016-07-15
In this year Budget, a nominal excise duty of 1 percent [without input and capital goods credit] or 12.5 percent [with input tax credit] has been imposed on articles of jewellery with simplified procedures. Jewellers call strike & jewellery business shuttered down for 42 days.
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GJF welcomes Government approach!
2016-07-15
Recently the Sub-Committee of the High Level Committee (HLC) recommended to the government on the issue of 1 percent Excise levy. The Committee said to interact with Trade & Industry on Tax Laws on issues relating to compliance procedure for the excise duty & Government accepted their recommendations.
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The female perspective on jewelry marketing
2016-07-15
A group of female jewelers, who first joined together during the women empowerment session at the Second LATAM Jewelry and Diamond Week at the World Jewelry Hub in June, has launched a grass-roots initiative that is designed to communicate their gender particular perspective on the way jewelry and gemstones should be marketed.
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The ADTF, goes international
2016-07-15
The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and the AWDC are pleased to announce that BrilliAnt, the 8th edition of the Antwerp Diamond Trade Fair during January 29-31, 2017, is opening its doors to international exhibitors. The Diamond Kring beautiful trading hall, located in the heart of Antwerp diamond district, will host foreign exhibitors for the first time.
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Junwex Yerevan organiser meets Armenian Jewelers
2016-07-15
Recently AJA Armenia arranged a meeting with participation of Armenian jewelry community representatives and Junwex Yerevan Show 2016 organizing committee members. The meeting was attended by AJA Armenia Chairman Sergey Sahakyan, AJA Russia Chairman Ruben Kotanchyan, member of Junwex Yerevan Show 2016 Organizing Committee...
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Limited offer for a beautiful Arm Candy bracelet
2016-07-15
This beautiful Arm Candy bracelet is one of only 80 limited editions available worldwide. The stunning design features approximately 4.73 carat of diamonds comprising an exquisite combination of Argyle Pink Diamonds interlinked with white baguette cut diamonds, set in 18-carat rose and white gold. Each bracelet is accompanied by a numbered Certificate of Authenticity.
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DGFT implements Ease of Doing Business
2016-07-14
The DGFT, Dr. Anup Wadhawan, interacted with the exporters on the issues of Trading Across Borders and Foreign Trade Policy in an interactive session organized jointly by the Department of Industrial Policy & Promotion, CII and FIEO in Mumbai. Joint Secretary, DIPP, Shri Shailendra Singh, Joint Secretary, Customs, Shri Satya Srinivas and many other senior officers participated in the discussions.
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Why are not millennials buying diamonds?
2016-07-14
Kim Lanny, Secretary-General-IDMA jumps the gun & reacts on the very last item of this WINC reports on a tweet sent by the Economist under the header: Why are not millennials buying diamonds" The tweet linked to an article published in the publication under the title Shine on: the diamond industry.
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Mining companies find diamonds in Mozambique
2017-07-14
According to macauhub, mining companies have discovered diamonds in Mozambique, specifically in Massagena district, Gaza province, the National Director of Mines, Elias Daúde, told Mozambican daily newspaper Notícias. Daúde also told the newspaper that eight of the 11 Mozambican provinces have evidence of the existence of diamonds,
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Made In Italy at the 33RD IIJS 2016
2016-07-14
Made in Italy jewellery brands will be spotlighted in the Vicenzaoro Italian Passion. Made with Love format, while production excellence and machinery will be showcased by Vicenzaoro T-Gold and market trends by the Trendvision Jewellery + Forecasting think tank.
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Vicenzaoro September is ready with 1300 brands!
2017-07-14
From 3 to 7 September 2016 International exhibition of gold and jewelry that will present for the occasion unpublished area turned to watch the world. The common thread of Vicenzaoro September 2016 remains the world gold and jewelry with its protagonists, the most current and anticipation of future trends.
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The new U-Boat Chimera Mother of Pearl
2016-07-14
Completely handcrafted in Italy, like all U-Boat creations, Chimera 43 B&B Mother of Pearl is a perfect example of the creativity of Italo Fontana. This version of Chimera is an astonishing new Steampunk design and seems straight from the world of a Jules Verne or HG Wells novels.
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IMFCuts Euro Zone Growth Outlook On Brexit Warns It May Get Worse!
2016-07-13
Recently the Executive Board of the International Monetary Fund (IMF) concluded the Euro Area status. The recovery has strengthened recently. Lower oil prices, a broadly neutral fiscal stance, and accommodative monetary policy are supporting domestic demand. However, inflation and inflation expectations remain very low...
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Gold production grew in Q2 2016!
2016-07-13
Galane Gold reported that for the three months ended in June production from the Mupane mine was 7,855 ounces, an increase of 2,027 ounces on the previous quarter. The increase is a reflection of the higher grade being fed to the operating plant with the commencement of mining in the main Tau ore body in April 2016.
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Endeavour Produces over 1.5mn oz Silver
2016-07-13
Endeavour Silver production results for the Second Quarter, 2016 from the Company three operating silver mines in Mexico the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato State. Silver production in the Second Quarter, 2016 was 1,551,851 ounces (oz) and gold production...
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One million dollar coin features a red diamond from Argyle
2016-07-13
Valued at $1million, the breathtaking collectable has been crafted from one kilogram of 99.99% pure gold, and features a radiant 0.54 carat red diamond unearthed from the famed outback mine in the East Kimberley region of Western Australia. The design of the coin portrays a circular pattern of stylised sunbeams surrounding a bounding red kangaroo holding the scarlet gemstone between its front paws.
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A step to cater to consumers!
2016-07-13
Mumbai leading luxury jewellery brand Manubhai Jewellers, takes yet another initiative with the re-launch of their website. The portal will not only showcase the elaborate collection of fine jewellery Manubhai Jewellers boasts but also engage & interact with their consumers digitally. It will be a huge gallery of jewels and designs that are trending.
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Timeless Rubies
2016-07-13
The crimson charm of the rubies has always been women favorite. The aura that they add to their look is incredible. Keeping this in mind, Sonal Bijoux curated an enthralling collection of Timeless Rubies for its discerning patrons.Set beautifully in 18k white gold and studded with the finest diamonds and rubies...
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Haribhai Chaudhary takes over MSME
2016-07-12
Shri Haribhai Parthibhai Chaudhary took over as new Minister of State in MSME Ministry here. After assuming his office Shri Chaudhary said that he will work towards the development of MSME sector which contributes about 40% of India’s exports.He is a member of Lok Sabha representing the Banaskantha constituency of Gujarat.
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Bruce Cleaver: partnerships key to success
2017-07-12
De Beers Group new CEO, Bruce Cleaver, has highlighted the importance of relationships with all the company partners, saying they are the cornerstone of the business. In a blog for the company website, Mr Cleaver, who took up the role on 1 July, said: De Beers holds a unique position with consumers, our rough diamond customers...
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Kimberley Ekapa Mining JV Formation
2016-07-12
Petra Diamonds announces that Petra and Ekapa Mining have entered into a joint venture (JV) agreement, which combines the respective operations, owned and operated by the joint venture partners in the Kimberley area, into an unincorporated joint venture named the Kimberley Ekapa Mining Joint Venture.
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Fatality at Tabakoto Mine in Mali
2016-07-12
Endeavour Mining said a fatal accident has occurred at its Tabakoto Mine in Mali. An employee fell into a slot raise while working in the underground mine at approximately 2:30pm on Friday July 8th, 2016, and passed away in a Bamako hospital on Saturday evening, July 9th. Local authorities in Mali have been notified and have launched an investigation.
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Emporio Armani launches new jewellery range
2016-07-12
Italian fashion house Emporio Armani has launched its Autumn 2016 jewellery collection in Dubai, UAE. Evoking the herringbone patterns seen in many best-selling Emporio Armani watches, the men jewellery collection employs the quintessential Emporio Armani black-and-silver colour palette to striking effect, a statement said.
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A revolutionary smart jewel launches
2016-07-12
Kalevala Jewelry in cooperation with the Finnish award winning digital developer BiiSafe bring a revolutionary smart jewel concept to the market - the Kalevala Buddy. Kalevala Buddies are smart jewels that combine Kalevala signature Silver Design and BiiSafe Bluetooth powered technology.
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First edition of India Skills-2016
2016-07-16
President Shri Pranab Mukherjee will inaugurate the first edition of India Skills Competition on the occasion of World Youth Skills Day on 15th July, 2016. Skill India will be celebrating its first anniversary on the occassion. Skill India has been quite close to the President heart.
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Tax collection grown in Q1 FY 2016-17
2016-07-11
The direct tax collections up to June, 2016 indicate net revenue collection of Rs.1.24 lakh crore which is a growth of 24.79% over the corresponding period last year. The main reason for this increase is the change in the requirements for advance tax payment even in respect of individuals which has been made in the last year’s Budget.
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CBES has to do much on Refund claims!
2016-07-11
Tax payers Survey got conducted by CBEC through FICCI and KPMG along with the highlighting Significant Initiatives taken by CBEC, for taking necessary action. The key question of the survey was – Do you feel a perceptible change in policies of the CBEC by way of becoming liberal and friendly to the taxpayer? An overwhelming number of respondents, 72%, responded with a yes.
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Luxury Prive NY scheduled from July 24
2016-07-11
Over 60 premier jewelry designs and manufacturers and invited retailers come together in an intimate and exquisite setting to conduct business, exchange ideas, and network with influential jewelry colleagues and leaders in the industry. The show is scheduled & would open up its curtain during July 24-26, 2016 at the Waldorf Astoria.
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IR Best Practices of CTF
2016-07-11
Chow Tai Fook Jewellery Group Limited (CTF), the largest jeweller listed in Hong Kong with 87 years of heritage attained a great success in the 2016 All-Asia (ex-Japan) Executive Team rankings by Institutional Investor, an international financial magazine highly recognised by the buy-side and sell-side.
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All Love Collection launched!
2016-07-11
In response to high demand from the LGBT community for matching wedding bands in both women and men sizes, Simon G. Jewelry, headed by AJA Western USA Chairman Simon Ghanimian, introduced a new wedding band collection that is intended to serve both men and women seeking quality classic wedding band styles.
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Excise registration and payment of duty extended!
2016-07-09
Recently the Central Government said that the time limit for taking central excise registration of an establishment by a jeweller is being extended up to 31.07.2016. According to the recent announcement by the Central Board of Excise and Customs regarding the imposition of Central Excise duty on Jewellery is announced extended of time limit for taking central excise registration and payment of duty.
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GII launches Quick check Instrument!
2016-07-09
Recently, Gemmological Institute of India (GII) unveils ‘Quick-Check’ instrument in the presence of Praveenshankar Pandya, Anoop Mehta, Russell Mehta, Arvind Parekh & amid key diamond players with the whole of team of M B Sastry- who invented & developed the instrument for immediate detection of Synthetic diamonds & GII chairman Bakul Mehta.
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No Sparkling career in GJ Industry?
2016-07-09
The average salary in Indian gems and jewellery (GJ) industry at Rs 2.52 lakh p.a. is lower than other manufacturing industries that are becoming more lucrative for young workers-pharmaceuticals (Rs 5.09 lakh), capital goods (Rs 4.94 lakh), electronics (Rs 4.43 lakh), chemical (Rs 3.97 lakh)...
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Stellar bags $228K revenue from Baoulé Auction
2016-07-09
According to the Stellar Diamonds claim they have bag revenues of US$228,000 at an average of US$72.65 per carat from the auction of diamonds from its 75% owned, Baoulé kimberlite pipe in Guinea. This brings sales from the 100K tonne bulk sample exercise to US$1,228K.
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First HRD flagship store in Paris
2016-07-09
In the presence of the Belgian Ambassador in France, H.E. Vincent Mertens de Wilmars and Peter Macken, CEO HRD Antwerp, HRD Antwerp first flagship store was inaugurated in the last week of June in Paris. An exclusive partnership between HRD Antwerp, Europe leading authority in diamond certification and selected retailers.
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A glimpse of Monsoon with Emerald and Sapphire Collection
2016-07-09
This Monsoon, Reliance Jewels one of the leading jewellery brands in India, takes you on a journey of picturesque sceneries, magical waterfalls and lush greens through its Emerald and Sapphire collection. The monsoon inspired jewellery collection is beautifully crafted considering the elements of the ongoing season...
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Botswana diamonds are safe from Brexit!
2016-08-07
Head of operations at Diamond Trading Company Botswana (DTCB) Mr Joseph Ikotlhaeng said major market for Botswana diamonds is United States of America, Japan, India and China.Mr Ikotlhaeng said the USA represents 40 per cent of...
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Brazil Minerals results for gold recovery
2016-08-07
Brazil Minerals announced that it had signed an agreement with a Brazilian group that will be exploring and processing material for diamonds and gold in one of the Company properties.This group will bring its own mini-plant to one of BMIX areas; all work will be open for supervision by the Company at all times.
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Ekati Diamond Mine review of the repairs required!
2016-08-07
Dominion Diamond further review of the repairs required at the Ekati Diamond Mine process plant from the fire that occurred on June 23rd, it continues to estimate that repairs will take approximately three months from the date of the fire, and is currently estimating the cost of repairs...
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GIA offers a five-day programme on diamonds
2016-08-07
Diamond enthusiasts, hobbyists and connoisseurs have the exciting opportunity to learn more about the cherished stone – including the qualities that add to its value and jewellery buying tips – from one of the world’s leading experts in gem and jewellery education.
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Nature inspired bridal jewellery
2016-08-07
Expressing it with jewellery is rooted to us from centuries and WHP Jewellers new Bridal Collection embodies your lovely presence without words. WHP Jewellers have earned the trust of their patrons since more than a century and is known for their personifying heritage and their fervent designs.
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Regal Charm, scintillating bridal jewellery
2016-08-07
Finding a perfect set of jewels for that ideal wedding attire is not an easy task. A single jewel can make or even break your look. Keeping this in mind Dillano Jewels has come up with Regal Charm- a stunning bridal jewellery collection for its discerning patrons.
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Botswana at a remarkable economic growth
2016-07-07
This analysis – the first of its kind – examines the value generated by the Partnership in 2014, and demonstrates the shared long-term vision of the respective partners. It demonstrates a shared understanding that as much value as possible should be generated from the activities of the Partnership in Botswana...
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Diamond Prices Slide in June!
2016-07-07
Polished diamond prices softened in June after the important Las Vegas shows failed to stimulate demand. Brexit and the U.S. election season have added to economic uncertainty, while Chinese demand remains cautious. The RapNet Diamond Index (RAPI™) for 1-carat, GIA-graded polished diamonds fell 0.5 percent in June.
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Navrattan Kothari, receives the Excellence Award 2016
2016-07-07
KGK Group Chairman and visionary Mr Navrattan Kothari, was recently felicitated with the Excellence Award 2016 in Hong Kong by the Sarjan Group. He was bestowed with this honour for remarkably augmenting the Gems & Jewellery industry at a global level, with his insights, experience and acumen.
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Sarine delivers mapping systems in Q2 2016
2016-07-07
Singapore Exchange Main board-listed Sarine Technologies Ltd, a worldwide leader in the development, manufacture and sale of precision technology products for the planning, processing, evaluation and measurement of diamonds and gems, is pleased to report that it has delivered a record...
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Forevermark showcases exquisite red carpet collection
2016-07-07
Every year we see fashion trends being set on the red carpet as celebrities across the globe wear the best in fashion and jewellery. NAC Jewellers, a leading brand in South India with a keen focus on design and excellence together with Forevermark, the diamond brand which...
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Tanya Rastogi brings emerald jewels
2016-07-07
Jewellery Connoisseur Tanya Rastogi, known for wearable art with her jewellery, once again brings with her an assortment of intricately crafted emerald jewels where each piece can turn the world green with envy. Emerald, the gem of the finest water has been a showstopper since eternity and Tanya...
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Call for greater governance in diamond industry
2016-07-05
The diamond industry continues to be tainted by links between diamonds, human rights abuses and conflict finance. We the undersigned, who represent a diverse group of national and international civil society organizations, stand united in our efforts to break these...
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Gemfields with the necessary funding!
2016-07-05
Gemfields plc is pleased to announce the finalisation of four debt financing facilities. Following evaluation of a number of proposals received by the Company, the board believes that these Facilities represent the best option for the Company in terms of cost and associated flexibility. The Facilities are as follows...
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235K oz of gold production of Burkina Faso
2016-07-05
Endeavour Mining Corporation held a groundbreaking ceremony of Houndé Project site in Burkina Faso. Construction began in April 2016 and is progressing on-time and on-budget with the first gold pour expected during the fourth quarter of 2017...the average annual production is expected to be 235,000 ounces at an AISC of US$610/oz.
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Gold import in India jumps 46% YoY!
2016-07-05
According to the S & P rating player, gold imports to mainland China from Hong Kong totalled 115 mt in May, up 68% month on month to the highest level since December, data from the Census and Statistics Department of the Hong Kong government showed Tuesday. The figure was up 63% year on year (YoY) from 70.7 mt in May 2015.
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Mehta Jewellery & Forevermark announces partnership
2016-07-05
Mehta Jewellery is a name to reckon with in the alluring city of Chennai when it comes to trust, master craftsmanship and intricate designs. Forevermark, the diamond brand which comes with a promise of being rare, beautiful and responsibly sourced, celebrated its association with Mehta Jewellery in the city...
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U-BOAT opens boutique in Moscow
2016-07-05
During the opening party, U-BOAT cut the ribbon of its third flagship store in Moscow. The new boutique opens in one of the Moscow most bustling streets, Petrovka. This avenue acts as a snap-shot of the entirety of Moscow, encapsulating everything from the modernism of its boutique shops, to the European elegance of its arcades.
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Global investmenttumbled by 3.4% in US!
2016-07-04
U.S. Net International Investment Position at end of the First Quarter of 2016, Year 2015, and Annual Revisions First Quarter of 2016 says, the U.S. net international investment position at the end of the first quarter of 2016 was −$7,525.6 billion (preliminary) as the value of U.S. liabilities...
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RJC announces four newly certified members
2016-07-04
RJC is delighted to announce that the following members have achieved Certification by meeting the highest ethical, human rights, social and environmental standards as established by the RJC. These companies are 1: Sagar BVBA, 2: Diamond Boutique Ltd, 3: Chopard & Cie S.A.& 4: American Gem Society Laboratories (AGL).
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US millennials at Lab-created diamonds!
2016-07-04
A recent consumer research conducted by MVI Marketing Ltdthat covered 650 US consumers in the age bracket of 21 and 35 years, having income of USD 75,000 or more and who have received or purchased fine jewelry in the past 12 months at a Top 20 US jewelry retail outlet or a local independent fine jewelry retailer, reveals that more US millennials are choosing Lab-created diamonds.
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De Beers opens Store in Kuwait
2016-07-04
The store is the first De Beers location in Kuwait, in the Prestige area of the Avenues mall. This is the third store to open in the Middle East market following locations in Dubai and Bahrain.We are delighted to announce the opening of our new store in Kuwait city at the Avenues mall. François Delage, CEO.
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A dazzling design for Eid
2016-07-04
This festive season, Jewelsify -an online ecommerce brand, gives you a fabulous reason to celebrate big with exquisite range and special price when it comes to shopping for the festive season. They have launched a special range Colorful melange to brighten this festive season.
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Bijouterie collection by Rare Heritage
2016-07-04
Diamonds have always added elegance on everyone that has adorned them. They always garner more attention than what you desire. Rare Heritage - a one-stop shop has come up with their contemporary diamond jewellery collection Bijouterie that exudes class and elegance.
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Kimberlite drilling commences at Lulo
2016-07-02
Lucapa Diamond commences a drilling program to test high-priority kimberlite targets at the Lulo Diamond Project in Angola. The aim of the drilling program is to help identify the primary kimberlite source, or sources, of the large, high- value alluvial diamonds being recovered from Lulo, which include Angola...
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Kahuna, a resource over 4 mn carats of macrodiamonds
2017-07-02
Dunnedin Ventures held a series of successful meetings with community members, as well as local, regional and territorial government representatives in Chesterfield Inlet and Rankin Inlet. Dunnedin gained valuable insight on mitigating potential impacts of its proposed work and has made the commitments and modifications to its proposed exploration plans.
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Gold reassumes as a favoured investment: OMFIF Report
2016-07-02
Gold is reassuming a more central monetary role as a favoured investment for central banks due to low and negative interest rates, increased perception of country risk, and enhanced geopolitical uncertainty, according to the 2016 OMFIF survey of Global Public Investors.
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Offering Ziba &Mughalia Collection
2016-07-02
As Ramadan marks the celebration of a spiritual journey, BlueStone is offering two exquisite collections inspired by the Persian & Mughal art to grace your Iftar evenings. So, go ahead and pick our charming pieces from the Ziba and Mughalia collection to look scintillating during the festive season.
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Maples-Trump ring sells for $300K
2016-07-02
The 7.45-carat Harry Winston diamond engagement ring that GOP presidential hopeful Donald Trump gave to Marla Maples in 1991 sold recently for $300,000 at the Joseph DuMouchelle auction house. Held at the Lotte Palace Hotel in New York City, the auction lasted for about six hours and attracted thousands of bidders worldwide.
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121.26 carat Diamond sells for US$6.0 million
2016-07-02
Petra Diamonds Limited announces that the exceptional 121.26 carat white diamond recovered at the Cullinan mine in South Africa has sold for US$6.0 million (US$49,480 per carat), as part of the Company June sales process in Johannesburg. The stone has been bought by a joint venture comprising Nemesis...
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RBI emphasis on transparency and accountability
2016-07-01
The Reserve Bank of India released the Financial Stability Report (FSR) June 2016, a biannual publication and the thirteenth in the series. The FSR reflects the overall assessment on the stability of Indian financial system and its resilience to risks emanating from global and domestic factors. Besides, the Report also discusses issues relating to development and regulation of the financial sector.
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Central banks bags more gold!
2016-07-01
OMFIF 2016 edition of Global Public Investor , which reports on asset management performance by central banks, sovereign funds and public pension funds , highlights gold renaissance as a traditional investment haven, with central banks net purchases accelerating, as result of purchases by institutions led by China, Russia and Kazakhstan...
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Rio paid $4.5 bn in taxes
2016-07-01
Rio Tinto paid $4.5 billion in taxes and royalties and spent almost $18 billion buying goods and services from suppliers around the world last year, according to the company 2015 Taxes paid report. Rio Tinto chief financial officer Chris Lynch said Rio Tinto continues to provide a significant direct benefit to the governments and communities where we operate.
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Limpopo mine Angola to begin in 2018
2016-07-01
The Limpopo gold mine, in the Angolan province of Huila, is expected to launch industrial production by 2018, said the director of mining company Empresa Nacional de Ferro de Angola (Ferrangol). Director Joao Diniz told Angolan national radio that the mine covers a concession area of 1,930 square kilometres and that it is expected to process around 780,000 tons of rock per year.
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Care Conflict-Free Gold Standard
2016-07-01
Eldorado Gold, Reporting says you may have heard of conflict minerals. These are raw materials – namely tantalum, tin, tungsten and gold – extracted from conflict zones and sold to finance conflict. Eldorado does not operate in conflict zones but we adopted the Conflict-Free Gold Standard in 2013 to provide assurance that the gold we produce does not cause, support, or benefit armed conflict, or contribute to...
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Lucara to Retain Lesedi La Rona
2016-07-01
Lucara Diamond reports that the Company will be retaining the exceptional 1,109 carat Type IIa Lesedi La Rona diamond as bidding did not meet the reserve price at the auction held this evening at Sotheby in London.The magnificent stone, which originated from the south lobe of Lucara Karowe Mine, is the...
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US GDP Increases in Q1
2016-06-30
Real gross domestic product (GDP) increased 1.1 percent in the first quarter of 2016, according to the third estimate released by the Bureau of Economic Analysis. The growth rate was 0.3 percentage point higher than the second estimate released last month.The first‐quarter increase in real GDP mainly reflected an increase in consumer spending on services.
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IGI hosted sixth annual D-Show
2016-06-30
The International Gemological Institute (IGI) recently hosted its sixth annual D-Show in Goa, India, June 9-12. The national buyer-seller knowledge meet, held at the scenic Lalit Golf & Spa Resort, welcomed more than 100 retailers and 24 manufacturers from across India.
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Fluidity of water inspired Collection
2016-06-30
This monsoon, Platinum unveils a new collection inspired by the fluidity of water. Associated with style and timelessness, the new range of Platinum jewellery comprising of delicate neckpieces and earrings, is a classic and telling collection that pays ode to the purity of water.
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Miss Earth finale in September!
2016-06-30
Delhi, the capital city will soon be playing host to Miss Earth India pageant 2016, a beauty pageant with a cause and responsibility, driven by an ultimate aim to enhance awareness and sustainable development on the environmental crisis and challenges we are facing.
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Lions Clubs Centennial Coin Designs Unveiled
2016-06-30
Designs for commemorative coins honoring the 100th anniversary of the founding of Lions Clubs International were unveiled at the organization 99th annual convention in Fukuoka, Japan. According to Public Law 112-181-the Lions Clubs International Century of Service Commemorative Coin Act...
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Scotland unearths Roman Era!
2016-06-30
Who knew farm fields in Scotland also had silver. Ancient silver, left at a prehistoric stone circle approximately 1,500 years ago at the Gaulcross site in northern Scotland, has been discovered by a troop of archaeologists uncovering more than 100 silver items, including coins, as per the Daily Mail.
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First Line of Action by RBI
2016-06-29
Bansi Madhavani, Analyst, India Ratings and Research Pvt Ltd & Soumyajit Niyogi, Associate Director have learned that the Reserve Bank of India (RBI) first line of action against the uncertainties arising post Brexit will be to address temporary shocks in systemic liquidity through liquidity channels rather than policy rates.
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De Beers rough diamond sales for cycle 5, 2016
2016-06-29
Philippe Mellier, Chief Executive, De Beers Group, said, Sales in the fifth cycle of the year were somewhat lower than in the fourth cycle, in line with our expectations and typical seasonal demand patterns. Rough diamond demand and polished diamond prices remain stable, reflecting steady consumer demand, but we maintain a cautious outlook.
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US in an uncertain economic mode!
2016-06-29
Just before the Brexit Janet L. Yellen, US Fed chief said in a Semiannual Monetary Policy Report to the Congress in the presence of Chairman Shelby, Ranking Member Brown, and other members of the Committee & discussed the current economic situation and outlook before turning to monetary policy for the US.
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Diamcor sold 13 K rough in Q1
2016-06-29
Diamcor Mining announced the final results of rough diamonds delivered, tendered, and sold in the Company first fiscal quarter ending June 30, 2016 from its Krone-Endora at Venetia project in South Africa. As previously announced on June 2, 2016, the Company completed the tender and sales of 3,031.95 carats of rough diamonds in April 2016, for gross proceeds of USD $386,992.89, resulting in an average price of USD $127.64 per carat.
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Armenia may restore gold reserve
2016-06-29
In late 2003 the Central Bank made a strategic decision not to use gold in its external gross reserves and sold 1.4 tons of gold for $17 million. The move was explained by the high liquidity on the gold market over the past few years. We do not rule out the possibility of restoring Armenia gold reserve...
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Endeavour produced over 11 mn oz of silver
2016-06-29
According to Endeavour Silver its surface exploration program has outlined several prospective new silver-gold veins on the Terronera property in Jalisco State, Mexico. To date, mapping has extended the Terronera vein system over a 7 kilometre (km) by 7 km area and identified nine additional veins in the northern half of the property.
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Make artisanal diamond mining legal
2016-06-28
The legalization of artisanal diamond mining is the path indicated by the provincial director of Geology and Mining and Industry, Gildo Massua, to artisanal operators of the sector, in eastern Lunda Sul province, Angola. The measure aims to allow artisanal diamond mining operators to make their business legally.
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Fire at Ekati Mine extinguished
2016-06-28
Dominion Diamond Corporation reports that the fire which occurred in the process plant at the Ekati Diamond Mine on June 23rd was successfully extinguished on the same day, all personnel were safely evacuated from the plant and no injuries have been reported.
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The empowerment of women focused
2016-06-28
The empowerment of women in Latin America jewelry, diamond and gemstone sectors came under the spotlight at a special seminar, organized as part of the Second Latin American Diamond and Jewelry Week (LADJW) at the World Jewelry Hub in Panama City. Some 50 women from multiple countries joined in the round-table discussion.
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RJC certifies Natasha Creations
2016-06-28
We at Natasha Creations are very proud to have achieved 3-year RJC Certification. This accomplishment confirms our company commitment to sound responsible & ethical business practices. We feel strengthened by accomplishing this and look forward to opening new business avenues.
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A five-day programme on diamonds
2016-06-28
Diamond enthusiasts, hobbyists and connoisseurs have the exciting opportunity to learn more about the cherished stone – including the qualities that add to its value and jewellery buying tips – from one of the world leading experts in gem and jewellery education.
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The perfect gift for any occasion
2016-06-28
The House of Harry Winston presents Sparkling Cluster Diamond Earrings, a stunning pair of diamond earrings that recall Mr Winston enduring commitment to making brilliant celebrations shine even brighter with magnificent diamonds. Round brilliant and pear-shaped diamonds, set in a fluid pattern, sparkle with unparalleled brilliance.
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British people voted to leave the EU
2016-06-25
Prime Minister David Cameron made a statement in Downing Street on the outcome of the referendum on the UK membership of the European Union. The country has just taken part in a giant democratic exercise – perhaps the biggest in our history. Over 33 million people – from England, Scotland, Wales, Northern Ireland and Gibraltar – have all had their say.
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Gold surges after Brexit becomes reality
2016-06-25
With Britain voting to exit the European Union, we expect to see strong and sustained inflows into the gold market driven by the staggering level of protracted uncertainty that investors now face. The gold price surged to US$1,313.85/oz this morning, up 6% from yesterday, providing investors with a much-needed safe haven. Sterling is trading at a 31-year low and world equity markets have plummeted.
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Post Brexit Confidence on Gold
2016-06-25
Bansi Madhavani, Analyst & Soumyajit Niyogi, Associate Director Ind-Ra views the formal exit of the UK from the European Union (EU) is likely to create more uncertainties rather than alleviating them in the coming months and will bring central banks back in focus, says India Ratings and Research (Ind-Ra)...
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KGK group unveils a new logo
2016-06-25
KGK Group, the privately held multinational, proudly presents a fresh look with new brand ethos, a new logo, new tagline and a new website. The global conglomerate revealed its new brand identity in line with the group significant evolution overtime, now present from mines to brands, leading to an inspirational uplift.
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Offering Rangoli collection
2016-06-25
One of the renowned fashion designer Tarun Tahiliani slates Rangoli collection, from his lifestyle jewellery range. A burst of colors and hues that combin Polki (uncut diamonds), pearls and semi precious stones like Ruby, Emerald & Amethyst, signifying vibrancy and versatility.
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Origin reflection of 9th century crafts!
2016-06-25
Mumbai based luxury jewellery brand Manubhai Jewellers that is known for their tasteful designs launches a resplendent collection of Temple Jewellery where each piece pays tribute to artistry of Indian temples. The collection brings the Indian Gods and Goddesses like Maa Laxmi, Ganesha and...
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De Beers launches third party selling service
2016-06-24
The De Beers Group of Companies announced that its Auction Sales business will launch a limited scope service pilot offering diamond businesses the opportunity to sell certain types of rough diamonds on its online auction platform.The service will only be available to those diamond businesses that adhere to the De Beers Auction Sales Rough Diamond Trading Standard.
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RJC re-certifies KP Sanghvi & Sons
2016-06-24
RJC announced that KP Sanghvi & Sons has achieved Certification against the 2013 Code of Practices (COP) at its cutting and polishing facilities in Ichchapore and Surat, India.The successful verification assessment was led by Manish C. Doshi from SGS United Kingdom Limited, one of the independent third-party auditing firms accredited by the RJC.
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McCoy Cove produced 3.3 mn oz of gold
2016-02-24
Premier Gold Mines step-out drilling within the 400m Gap (CSD Gap) between the Helen Zone and historic Cove South Deep underground deposit continues to confirm the extension of high-grade mineralization across substantial widths at the Company’s 100%-owned McCoy-Cove Gold Project, located along the Battle Mountain-Eureka Trend in Nevada.
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La Cigarra measured 44.47 mn oz of silver
2016-06-24
Kootenay Silver announced that it is preparing to conduct a 3,000 metre drill program on its 100pc owned La Cigarra silver project located in Chihuahua State, Mexico. The targeted drill program, scheduled to commence in Q3 2016 is designed to test the high priority RAM target and to expand La Cigarra current mineral resource estimate...
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HK June opened with 2200 exhibitors!
2016-06-24
The 29th edition of the June Hong Kong Jewellery & Gem Fair opened up on 23rd June 2016 at the Hong Kong Convention & Exhibition Centre (HKCEC). By occupying over 70K sq mts of exhibition space, the four-day fair runs until 26 June. The show has a record number of exhibitors in excess of 2,200 companies from 41 countries and regions.
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Mineral, Gem & Fossil Asia opened up!
2016-06-24
The second edition of Mineral, Gem & Fossil Asia organised by UBM Asia opened on June 23at the Convention Hall of the Hong Kong Convention & Exhibition Centre (HKCEC). The Fair welcomes traders, media, private collectors, the general public, students, and families who want to source or learn about the wonderful world of minerals, gems and fossils. The four-day fair combines trading, learning and fun family activities.
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GJSCI conducts weeklong Yoga workshop
2016-06-23
Gems &Jewellery Skill Council of India (GJSCI) conducted a weeklong Yoga workshop at the Seepz Lake Side with an aim to promote International Yoga Day. The workshop inaugurated on 21st June and will go on for four days which will be conducted by Isha Yoga Foundation. More than 1500 people from Gems & Jewellery industry participated.
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Plant commissioning at Renard Diamond
2016-06-23
Stornoway Diamond is commissioning of the process plant will involve the operation of the plant crushers, vibrating screens, conveyors, pumps, diamond recovery circuits, and processed kimberlite management systems first with water and then ore. This process is expected to take several weeks.
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Gahcho Kue, a reserve of 55.5 million carats
2016-06-23
Mountain Province Diamonds said that Gahcho Kue has achieved mechanical completion of the primary crusher and that commissioning of the process plant continues to progress well. Based on the progress to date, Gahcho Kue expects to commence production during Q3 2016. The specific timing within Q3 will depend on progress with the remaining commissioning.
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Swarovski Zirconia education workshop held
2016-06-23
Swarovski Gemstones Business organized a Pure Brilliance Swarovski Zirconia education workshop on 20th June, 2016 in Pune. The workshop witnessed massive response from the Jewellers of Pune and entire Maharashtra and was a huge success. Almost the entire first half of this year saw our Jewellery industry hit a record low.
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Second LADJW opens
2016-06-23
The Second Latin American Diamond and Jewelry Week (LADJW) opened on June 21 at the World Jewelry Hub in Panama City, in the presence of government and industry leaders, as well as buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and around the world.
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Nazraana becomes official jewellery partner
2016-06-23
Nazraana, Rio Tinto Diamonds flagship diamond jewellery initiative in India, will be showcased to new audiences as part of its role as the official Jewellery Partner for Yamaha Fascino Miss Diva - Miss Universe India 2016. The Nazraana jewellery collections, which take their reference from royal gift giving rituals of past eras...
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Recovery of a 121.26 carat Diamond
2016-06-22
Petra Diamonds Limited announces the recovery of a 121.26 carat white diamond at the Cullinan mine in South Africa. The stone is a Type II diamond of exceptional colour and clarity, and is an outstanding example of the large, high quality diamonds for which the mine is known – see the Notes to Editors section for more information.
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CAR allowed a shipment from Berberati
2016-06-22
Recently Ahmed Bin Sulayem, KP Chair 2016 officially informed the KP Players that the CAR may undertake diamonds shipment from Berberati.He said, Following the Administrative Decision and Annex on Resumption of Exports from Central African Republic (CAR), Luanda July 2015, and the Operational Framework...
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Real is Rare - Real is a Diamond: IDMA
2016-06-22
The DPA, as is our industry at large, is looking at the millennial generation for future growth. The U.S. market remains with a 45 percent share the world most important diamond and diamond jewelry market! With that said, we hope, really hope, that the new slogan will help drive demand and growth of diamond and diamond jewelry sales in the USA, Asia and the other major markets!
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WDM introduces Retailer Opinion Poll
2016-06-22
The World Diamond Mark (WDM) has released its WDM Retailer Opinion Poll, in an effort to determine what services retailer jewellers need most in their stores to advance generic diamond promotion to the consumer public. The poll, among others, asks retailers to rank the type of services...
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A commemorative silver coin unveiled
2016-06-22
Union Finance Minister Arun Jaitley releases a commemorative silver coin on the occasion of 300th Martyrdom Day of Banda Singh Bahadur at National Media Centre on Tuesday, June 21. On the occasion, the minister recalled Banda Bahadur achievements and selfless efforts for the society. Born to Rajput parents, Baba Banda Singh Bahadur was a great Sikh general, who established Sikh rule in large parts of Punjab.
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Manubhai Jewellers at innovative CSR
2016-06-22
Mumbai leading jewellery brand Manubhai Jewellers; known for their artful jewellery; takes an innovative CSR step of the year by launching MJGreenBrigade this World Environment Day (WED) with an aim to create awareness amongst their patrons about the importance of greenery and environment.
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India opens 70 diamond and gold exploration zones!
2016-09-21
Krishna N. Das, Reuters, India is seeking the participation of Rio Tinto and Anglo American De Beers to explore for diamonds and gold, part of Prime Minister Narendra Modi ambition to make the country a major mineral producer, the mines secretary said. Balvinder Kumar told Reuters that the Indian government will start to auction the rights to up to 70 diamond and gold exploration zones to mining companies this year.
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Singapore Rough Ruby Auction
2016-06-21
Recently Gemfields announced the results of its auction of rough ruby extracted by Montepuez Ruby Mining Limitada from the Montepuez ruby deposit in Mozambique. The auction was held in Singapore from 13th to 19th June 2016 and was the last auction the Company has planned for this financial year.
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40 Malaysians to showcase at IIJS 2016
2016-06-21
He said despite the bullish outlook for exports, the local jewellery retail industry would remain sluggish this year as compared with previous years due to the slowing economy, which resulted in a lower demand for the glittering goods. On the jewellery show, which will be held from Aug 4 to 8 this year, Siow said, the association was likely to bring about 40 retailers and exporters.
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India Pavilions at SIJE 2016
2016-06-21
SIJE 2016 will continue to be the affluent hub to showcase fine collections of luxury gem pieces to the well-heeled in Singapore as well as traders and high net worth buyers from China and India; the two most competitive markets in Asia.Be a part of the SIJE 2016 at held at Marina Bay Sands, the jewelry marketplace for both exhibitors and buyers alike!
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India SAARC Iran Jewellery BSM held
2016-06-21
The Gem & Jewellery Export Promotion Council based on the recommendation of the Ministry of Commerce, organized the first India SAARC Iran Jewellery BSM in Delhi with 51 Indian manufacturers and 61 international buyer companies from SAARC nations and Iran.
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China and Russia at Gold Rush
2016-06-21
China and Russia moves to buy gold is led by growing fears over global economic growth and grave concern over the health of emerging market economies, writes analyst Robin Bhar at French investment and bullion market maker Societe Generale, calling it a key...evident...theme highlighting central bank view of gold as a safe haven asset.
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5th India Diamond Week in August
2016-06-20
Enthused by the success of the previous editions of the India Diamond Week which commenced in 2014, we are pleased to inform you that the Council is organizing the 5th India Diamond Week in joint association with DDC (Diamond Dealers Club) in New York to be held from August 22 - 25, 2016 at the Diamond Dealers Club, New York.
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WFDB Presidents Meeting in India
2016-06-20
According to the WFDB the next president meeting would be held in 2017 & that would be hosted by the Bharat Diamond Bourse (BDB). According to the WFDB the Israel Diamond Exchange will host 38th World Diamond Congress in 2018.It is most likely that the BDB has to move frontward to show a road to set a transparent supply chain...
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New accounting standard in US
2016-06-20
The four federal financial institution regulatory agencies issued a joint statement regarding the new accounting standard, Accounting Standards Update, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, issued...
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Platinum demand in China tumbled
2016-06-20
Platinum, as a precious metal, has a unique link to demand in the private market as jewelry. This is true for silver and gold, of course, but for platinum, the effect sometimes seems multiplied. Although China and India have extensive gold markets for jewelry...
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Sudbury Platinum Resumes Drilling!
2016-06-20
Sudbury Platinum (SPC) and Transition Metals-the Company has an expanding property portfolio that includes 32 gold, copper, nickel and platinum projects primarily in Ontario, Nunavut and Saskatchewan, have resumption of exploration activities on their 100% owned Aer-Kidd and Lockerby East Projects.
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Pilot Gold Acquires Mineral Gulch Project
2016-06-20
Pilot Gold has attained the acquisition of 100precent of the Mineral Gulch Property, from Western Pacific Resources Corporation. Mineral Gulch is the past-producing Black Pine heap leach gold mine located in southeastern Idaho. The purchase price consisted of US Dollar 800K cash, 300K common shares of Pilot Gold and a grant of a 0.5percent NSR to Western Pacific.
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Alrosa recovers a 241carat diamond
2016-06-18
PJSC Alrosa, the world leader in diamond mining, announces the recovery of a 241.21-carat rough diamond from Nyurbinskaya pipe. It is one of the largest rough diamonds recovered in the Russian Federation and the third largest among those found at Nyurba Mining and Processing Division.
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Diamond prospecting extends in Angola
2016-06-18
Diamond prospecting in Angola will be extended to Malanje province, on a semi-industrial basis, with the artisanal mining cooperatives authorised to explore over 410 square kilometres, according to authorisations from the Ministry of Geology and Mining. The first authorisation was granted to the MIlanda Kunda cooperative...
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Anglo American leadership changes
2016-06-18
Anglo American announces the appointment of Bruce Cleaver as CEO of the De Beers Group following Philippe Mellier decision to step down after five years. Duncan Wanblad, CEO of Anglo American Base Metals business, will add the Strategy & Business Development portfolio of Anglo American to his responsibilities. Both appointments will take effect on 1 July 2016.
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GIA Uncovers the Fascinating World
2016-06-18
Diamond enthusiasts, hobbyists and connoisseurs have the exciting opportunity to learn more about the cherished stone – including the qualities that add to its value and jewellery buying tips – from one of the world’s leading experts in gem and jewellery education.
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Make your dad feel special
2016-06-18
Fathers are our heroes, our rescuers, our saviors. This Father Day make your dad feel special, gift him an accessory that will add to his heroic personality and stay with him forever; a thought, an honor, a gesture that expresses love with some of Nazraana Men luxury range.
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US economy growing steadily!
2016-06-18
The US economy is making one of the strongest comebacks in the OECD, but there are risks on the horizon, according to the OECD’s latest Economic Survey of the United States. Seven years after the financial crisis, the US economy has rebounded through robust monetary policy support and the well-timed expansion of fiscal policy.
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US Import increased 1.4 percent in May!
2016-06-17
Prices for U.S. imports increased 1.4 percent in May, following advances of 0.7 percent in April and 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. The May rise was primarily driven by higher fuel prices, although nonfuel prices also increased. U.S. export prices advanced 1.1 percent in May, after rising 0.5 percent the previous month.
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HRD organises diamond night
2017-06-17
HRD Antwerp organised a Diamond Night at the Belgian embassy in Madrid to officially celebrate its newfound alliance with the Spanish gemmological laboratory, Gemacyt. The event gathered both government officials and leading Spanish diamond and jewellery companies.
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Kirkland appoints new CEO
2016-06-17
Kirkland Lake Gold announced George Ogilvie has resigned from the Company and that the Board of Directors has appointed Anthony (Tony) P. Makuch as Chief Executive Officer. Mr. Makuch will join Kirkland Lake Gold in the coming weeks after finishing in his current role, and Barry Olson, Director, will assume the role of Interim Chief Executive Officer until that time.
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A multi-million ounce gold resource
2017-06-17
Premier Gold Mines assays from the winter surface drilling program on the Company100%-owned Hasaga Project in the Red Lake gold mining district of Northwestern Ontario. Drilling has continued to extend and in-fill near surface mineralization in key target areas. The Hasaga Property is Premier largest exploration program being conducted in Canada in 2016.
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Divine Solitaire offers Buy 1 Get 2!
2016-06-17
Divine Solitaires, India first and only loose solitaire brand which offers its consumers world finest and brilliantly crafted premium quality solitaire diamonds, launched an exclusive Buy 1 Get 2 Diamond Exhibition at the D.P. Jewellers showroom, Bhopal in the presence of Mr. Jignesh Mehta, Managing Director, Divine Solitaires and Mr. Anil Kataria, Director CEO, D.P. Jewellers.
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150 round diamonds illuminate the Blue Empire
2016-06-17
Simple yet sophisticated, it is adorned with the most feminine details. Its 36-mm diameter round case in 18-carat rose gold or 18-carat gold and steel is embellished with a timeless metal wristband with delicate jewellery fastenings. The wristband of the rose gold model is set with a thin line of round diamonds at its centre.
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Workshops on rough diamond valuation
2016-06-16
At recently held KP Intersessional, this was attended by over 200 delegates from around the world at Dubai, Ahmed Bin Sulayem, Kimberley Process Chair said, I am happy to announce that we will host two further workshops on rough diamond valuation during this year. More information about timing and location will be made available in due course.
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Turkish delegation visits the HRD Lab
2016-06-16
During a 2-day networking event by a delegation of leading Turkish jewellers visited Antwerp to meet with their peers in Antwerp and enjoyed a behind-the-scenes look of the HRD Antwerp Diamond lab in addition to an in-depth presentation on lab-grown diamonds by Dr. Katrien De Corte, Chief Officer Education and Industry HRD Antwerp.
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Operations resume at Zondereinde mine
2016-06-16
The management of Northam Platinum advises that underground operations at the Zondereinde mine were resumed last night, Tuesday 14 June. Employees embarked on the night shift after Minister Zwane visit to the operation and after the SAPS disclosing yesterday the arrest of a number of suspects for the death of two Zondereinde employees last week.
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Accentuate the woman with Tiny Trinkets
2016-06-16
Do not let the humid season take over your closet and stop you from looking great. Dillano introduces Tiny Trinkets a scintillating minimal jewellery collection to complete your ensemble with interesting rings and earrings. Bold jew­ellery trended for a long time, and now it is time for some seri­ous game play with pretty lit­tle things.
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Platinum jewellery for men at Eid
2016-06-16
The festival of Eid al-Fitr or the festival of breaking the fast marks the end of Ramadan, the holy Islamic month of fasting. This Eid commemorate with a special range of Platinum jewellery for men, specially crafted to suit the taste of men who are ahead of the curve. The elegant and understated collection comprises of stylish bracelets...
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Boucheron thrillingly daring!
2016-05-16
he Boucheron story of Reflet begins in 1947, with the birth of the Modernism movement. Art becomes contemporary. Visual arts, fashion and especially architecture and design are thrillingly daring. Finally, the timepiece Gerard Boucheron always dreamed of wearing is created in the Maison workshop: sculpted gadroons stretched out shapes and invisible clasp.
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Grand Networking Meet of GJF-PMI 3
2016-06-15
All India Gems and Jewellery Trade Federation (GJF) organizes the third edition of the Preferred Manufacturer of India (PMI) 2015-17, Grand Networking Meet at a glittering ceremony at Chennai. Prominent & leading jewellers are participating in this business & leisure networking meet.
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Win up to 10 Kgs of Gold Campaign!
2016-06-15
Malabar Gold & Diamonds, the renowned jewellery retailer revealed the first 4 lucky winners of the ‘Win up to 10 Kg’s of gold’ campaign which is running in their all the outlets in the GCC until 6th August, 2016. The four winners who won 1/4 kg gold each so far in the ongoing campaign were...
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Forevermark Black Label Collection!
2016-06-15
Forevermark has unveiled The Forevermark Black Label Collection, a new generation of beautiful fancy shape diamond cuts creating an exceptional sparkle. A diamond’s beauty is intrinsically related to light and how it travels within the diamond. Forevermark has developed its own proprietary technology that...
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Mall of Joy inaugurated in Kottayam
2016-06-15
Kottayam has historic significance to the Joyalukkas Group as it is the location of the first Joyalukkas Jewellery showroom in India.According to Joy Alukkas, Mall of Joy has been created with the objective of changing the lifestyle and shopping habits of the people of Kottayam, and its prominent location at Baker Junction is to make it convenient for all Kottayam residents.
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Adawna, a tribute to modern women
2016-06-15
Adawna, a contemporary silver jewellery brand presents Pristine Charm, a curated collection of statement rings and earrings for its patrons. An amalgamation of silver, semi precious stones and Swarovski crystals these beautifully crafted pieces are perfect to complement the style and beauty of a woman.
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44th Annual FFA held
2016-06-15
Marc Jacobs Decadence Wins Fragrance of the Year for Womens prestige at the 44th annual fragrance foundation awards (FFA). Adriana Lima presented Marc Jacobs Decadence with the award for Fragrance of the Year for Women Prestige at the 44th Annual Fragrance Foundation Awards held in New York City.
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Jewellery role must be part of its public image, says CIBJO
2016-06-14
While jewellery is a luxury product and non-essential to those who purchase it, the jewellery and gemstone sectors are industries that are essential to the economic and social development of economies and communities around the world, said CIBJO President Gaetano Cavalieri, speaking today at the 15th Rendez-Vous Gemmologiques de Paris in the French capital.
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Stellar recovered 11808 carats of rough
2016-06-14
Stellar provides an operational update from trial mining at its 75% owned, five hectare Baoulé kimberlite pipe in Guinea. Accordingly, 11,808 carats recovered at an average grade of 11.4cpht at a +1.25mm cut off & Over 8,400 carats sold to date in three diamond sales realising over US$1 million in revenues.
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New Asscher cut and forever one moissanite collection
2016-06-14
Charles & Colvard, the original and leading worldwide source of moissanite, debuted of its expanded collection of Forever One moissanite. In addition to the current collection, the company will showcase the new Forever One Asscher cut moissanite gemstone along with a broader assortment of size offerings in existing Forever One round and cushion cuts.
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Myanmar improves Transparency
2016-06-14
According to Paul Shortell, the MT, Myanmar has made significant progress toward addressing these questions since joining the Extractive Industries Transparency Initiative (EITI), a global effort to make information from the natural resource sector publicly available. Myanmar’s Gems and precious stones contributed approximately K7500 per person while other minerals only generated K1000 per person in revenues.
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Signet jewelers under investigation!
2016-06-14
Law offices of Howard G. Smith announce an investigation on behalf of investors of Signet Jewelers Limited concerning the company and its officers possible violations of federal securities laws. Signet engages in the retail sale of diamond jewelry and watches in the United States, Canada, Puerto Rico, the United Kingdom, the Republic of Ireland and the Channel Islands.
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Opulence and luxury jewellery for Dad
2016-06-14
Find the right gift to show how much you love your dad on this Father day by making it unforgettable with Jewelsify-the online player, classic mix of opulence and luxury jewellery. The jewellery personifies the strength and inner charisma of father in the varied gifting choices by Jewelsify.
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PJSC Alrosa developing a new deposit, Zarya
2016-06-13
PJSC Alrosa, the world leader in diamond mining, has announced the start of the development of a new deposit, Zarya pipe at Aikhal Mining and Processing Division. The first commercial blasting triggered the first stage of the deposit development – surface stripping to remove barren sedimentary rock overlying the ore body.
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Auction of the Lesedi La Rona on June 29
2016-06-13
First formed between 2.5 to 3 billion years ago, the diamond is roughly the size of a tennis ball and is of exceptional transparency and quality according to the Gemmological Institute of America. Sotheby has been given the honour of offering Lesedi La Rona at auction in a standalone sale in London on 29th June. Lesedi La Rona will be on view in London from 18–20 and 25–28 June.
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Strong Demand for High Quality Gemstones
2016-06-13
In conclusion, there is a strong demand for gemstones in the very good to top-quality end of the market. Particularly in demand are rare stones such as unheated Burmese rubies and Kashmiri and Burmese sapphires, as well as un-oiled fine Colombian emeralds. Emeralds from Colombia are always in strong demand and increasing in price, and this also applies to commercial goods.
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Yaramoko shipped 3564 oz Gold
2016-06-13
The eastern ventilation shaft has been completed with the fan installed and operational. The second ventilation shaft is nearing completion.Underground development continues to advance well and remains ahead of plan. The ramp has advanced 806 metres from the portal in the East and West declines with workings opened up on four levels...
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Largest gold mine project get a green signal
2016-06-13
Recently Armenian Prime Minister Hovik Abrahamyan met with Howard Stevenson, President and CEO of Lydian International, a company registered in the Channel Islands planning to invest US$400 million in the Amulsar Gold Project in southern Armenia. A formal decision has been made to proceed with construction at its 100%-owned Amulsar Gold Project inArmenia.
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New Jumping Seconds watch!
2016-06-13
The Richard Lange Jumping Seconds reinterprets the concept of the scientific observation watch in a new way by pairing the quest for utmost precision with outstanding legibility. The balance is steadily driven by its one-second constant-force escapement. An integrated jumping mechanism makes it possible to display the time in strict one-second intervals.
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SGB eligible for trading from Monday!
2016-06-11
According to the RBI notification Sovereign Gold Bond (SGB) would be eligible for trading at BSE & NSE. Such trading would be recognised from Monday, June 13, 2016. Sovereign Gold Bond Scheme, 2015 was announced by the Government of India vide notification dated October 30, 2015.
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RJC elects new Chairman at the AGM
2016-06-11
RJC, the global standards-setting and certification organisation for the entire jewellery supply chain, hosted its AGM at the JCK jewellery fair in Las Vegas. This was the first time the RJC has held its AGM in the US. During the meeting the RJC Membership elected Dr. Wilfried Hoerner (Argor Heraeus SA) as its new Chairman...
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The Madsen Gold resource of 928K oz gold
2016-06-11
Pure Gold Mining announces a significant expansion to its 2016 exploration program, including an additional 35,000 metres of diamond drilling at the Company100% owned Madsen Gold Project. The expansion will increase the total drilling planned for 2016 to approximately 51,000 metres. The planned $9.1 million expansion of the 2016 Program will include an additional 30,000 meter diamond drill program focused on the potential expansion of the McVeigh horizon
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16787K ounces of silver over LOM
2016-06-11
...silver at an average grade of 615 g/t Ag. Processing is likely to be at the average of 110,000 tonnes of ore per annum. While production of 16,787,000 ounces of silver over a 7.3-year that is LOM (a life of mine) with an average metallurgical recovery of 84.4% silver is likely as per the report.
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Rare Heritage returning the era of grandeur
2016-06-11
Rare Heritage, a one stop destination for jewellery, designer couture and artefacts built on integrity, quality and trust has come on board.Rare Heritage is curated by the 90-year-old legendary jewellery house Mehta Emporium and brings together the classic beauty of traditionalism and the edgy appeal of novelty.
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Now indulge in magic of zodiac!
2016-06-11
Zodiac jewellery makes a fantastic gift to give it to your loved ones on special occasions. Blue Stone, the Online player has introduced interesting designs in zodiac jewellery for Cancerians and Geminis to celebrate the special occasions in their life. The pendant starts at a price of Rs.7,750/- and can be customized accordingly in 14Kt,18Kt and 22Kt accordingly.
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World Bank Cuts Global Growth to 2.4%
2016-06-10
The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows. According to the latest update of its Global Economic Prospects report,
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Dominion books loss of $35.9 mn!
2016-06-10
Commenting on the results, Brendan Bell, Chief Executive Officer stated: We are very pleased to announce the commencement of commercial production at Misery Main, ahead of schedule. Misery Main will provide significant cash flow and will have a positive contribution on our earnings in the second half of the year. We will also end this transitional period at Ekati with a strong balance sheet.
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Sarine Acquires AppTech
2016-06-10
Sarine Technologies has acquired the technology and assets of DiaMining, an established developer of Point of Sale (PoS) applications for diamonds, gemstones and jewellery. DiaMining solutions offer retailers and wholesalers advanced state-of-the-art PoS solutions that combine comprehensive multi-layered product information and digital imagery of their choice.
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Gold mining costs lowered in Q1 2016
2016-06-10
Despite the gradual recovery of global gold prices so far this year, during the first quarter of 2016 most gold producers continued their efforts to reduce all-in sustaining costs (AISC). The major producers of gold gained an added advantage due to strengthening of the U.S. dollar against local currencies and lower global fuel prices.
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The Jadau from Biren Vaidya view
2016-06-10
Polki Jadau Jewellery has been a part of India’s heritage over a very long time. The beauty of the jewellery is how each gem is encased in gold and has its reflection enhanced by the use of a silver foil completing the whole process of bringing out the beauty of each individual gem. The back of the casing is enameled by an artist with different designs and filigree...
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P1B-02 watches, a summer spirit
2016-06-10
Once againthis spring, Sevenfriday launches P1B-02, a white watch dedicated to the summerspirit. This year theP1B/02 has rose gold details and new details on the hours andseconds disc. Also the P1B/02 is equipped with a NFC chip.Engine is of automatic movement; open balance wheel on Miyota 82S7 while CaseSize is 47mm X 47,6mm, Industrial Essence Family-P1B/01, M1/01 and V1/01 with price: tag 1056CHF.
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Mehul Shah, the Treasurer General at WFDB
2016-06-09
The World Federation of Diamond Bourses (WFDB) has announced changes to its Executive Committee following unanimous votes at the recent 37th World Diamond Congress in Dubai. President Ernie Blom was re-elected to a third consecutive term, while Israel Diamond Exchange President Yoram Dvash was elected Vice President.
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Guiro Mine anticipates 150 tons gold doré daily!
2016-06-09
Komet Resources said that the mining of the underground mineralised gold vein that started less than 6 months ago is now well on track to meet its target of 100 daily tons of mineralised material delivered to the plant each day. Simultaneously, new miner teams dedicated to material-hoisting are gradually being integrated in order to...
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CTF revenue tumbled 12.0% in FY2016
2016-06-09
Chow Tai Fook Jewellery (CTF), the largest jeweller listed in Hong Kong with 87 years of heritage, announces its annual results for the year ended 31 March 2016. During FY2016, the Group recorded a revenue of HK$56,591.5 million (FY2015: HK$64,277.0 million), representing a decline of 12.0% year-on-year.
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Argyle Pink Diamonds preview
2016-06-09
Rio Tinto spectacular 2016 Argyle Pink Diamonds Tender has been launched during a world exclusive preview in Copenhagen against the backdrop of a rare Argyle pink diamond jewellery exhibition. The 2016 Argyle Pink Diamonds Tender includes 63 pink, red and violet diamonds and represents the finest of a year production from Rio Tinto Argyle diamond mine in Western Australia.
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Pink diamond jewellery exhibition!
2016-06-09
Argyle Pink Diamonds has partnered with premier Danish luxury jeweller Hartmann to showcase the finest in beauty and design from Australia and Denmark. A unique two-day exhibition of rare Argyle pink diamond jewellery is being held at the Moltkes Palace in Copenhagen. The US$20 million jewellery exhibition comprises a number of signature pieces of Argyle pink diamond jewellery including The Copenhagen Pink
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Occasion to express your feelings
2016-06-09
It is time to relive the enduring childhood memories & celebrate the bond you share this Father Day - a perfect occasion to express your feelings to your dad. Make this Father day memorable by gifting your childhood superhero some classic men jewellery from the Gentlemen Collection specially crafted with Forevermark diamonds.
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CAR to resume diamond exports!
2016-06-08
According to Emmanuel Braun, af.reuters, Central Africa Republic (CAR) will restart diamond exports three years after its stones were found to be funding armed groups in an inter-religious conflict and placed under embargo, the mines minister said. Central African Republic descended into chaos in March 2013 when predominantly Muslim Seleka rebels seized power...
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Diamond Prices Soften in May!
2016-06-08
Polished diamond prices declined slightly in May with buyers waiting for the Las Vegas shows. Trading at the JCK Las Vegas show, which took place June 3 to 6, was relatively weak with traffic slower than previous years. The RapNet Diamond Index for 1-carat, GIA-graded diamonds was flat in May. RAPI for 0.30-carat diamonds fell 1.1 percent and RAPI for 0.50-carat diamonds slid 0.3 percent during the month.
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Stuller joins IGDA
2016-06-08
The International Grown Diamond Association (IGDA) has accepted leading US jewellery manufacturer Stuller as its member. IGDA, an industry wide association was launched in February 2016and comprises of leading lab-grown diamond growers, distributors, suppliers, retailers and technical experts. IGDA seeks to represent the lab-grown diamond industry.
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UC Berkeley & WGC focuses Gold Reserves
2016-06-08
This year, the University of Cambridge Judge Business School and the World Gold Council will host the 2016 programme in world famous Cambridge surroundings. The programme will include a debate at the Cambridge Union Society, a networking dinner in the idyllic Queen College and a closing lunch at the UK Parliament in London.
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A stunning diamond jewellery collection
2016-06-08
a contemporary jewellery brand presents its stunning diamond collection- Twinkle for its discerning patrons. Women universally have been acknowledged to flaunt diamonds no matter what age. Sonal Bijoux Twinkle collection is an impressive selection of exquisite Diamonds set beautifully in 18k white gold.
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Monceau watch by Saint Honore
2016-06-08
In all, the new Monceau collection includes twenty-two models which play on various combinations of cases, dials and straps. The various models are available in steel with both a polished and brushed finish, but also with a pink or yellow PVD coating and even in a two-tone version. Some are paired with black, brown or blue leather straps which coordinate with the rest of the piece.
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DPA and GJEPC inks MoU
2016-06-07
A year after the announcement of its establishment, the DPA unveiled its new Category Marketing Platform, Real is Rare, to the diamond and jewellery trade assembled in Las Vegas for the JCK Show. At the same meeting, Stephen Lussier and Praveenshankar Pandya, chairman of the DPA and the GJEPC respectively, signed a MoU wherein they pledged to collaborate for a common goal to strengthen diamond industry fundamentals for generations to come by stimulating consumer desire for diamonds.
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Rio Tinto collaborates on mine of origin jewelry collections
2016-06-07
Rio Tinto Diamonds participation in the JCK Las Vegas trade show, the world largest retail diamond jewellery fair, was dominated by a focus on provenance and the business opportunity it provides all participants in the diamond and jewellery supply chain. A new series of marketing materials and branded communications was also showcased at the Las Vegas trade show.
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Diamcor delivers 13436 carats of rough in Q1
2016-06-07
Diamcor Mining announced, rough diamonds delivered, tendered, and sold to date in the Company current fiscal quarter ending June 30, 2016 from its Krone-Endora at Venetia project in South Africa. In an initial tender and sale completed on April 15, 2016, the Company sold 3,031.95 carats of rough diamonds, for gross proceeds of US $386,992.89, resulting in an average price of US $127.64 per carat.
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The Queen of Italy Collier, under the hammer!
2016-06-07
The company also assists customers by placing them at auction through its own auction house, in order to guarantee the best evaluation, namely that of the market. A dedicated and experienced team will evaluate fine jewelry masterpieces of all periods, either of the Maison or of other iconic brands, from single pieces to entire collections.
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Welcome Monsoon with Hue Collection
2016-06-07
Adorn melody of colors with the colorful monsoon collection from Jewlesify- the online portal, in this dull gloomy weather. The collection is inspired by the mystic allure of monsoons. The jewellery is a classic, elegant and sophisticated, while their simplicity allows for easy wearability in the monsoon.
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Art Deco & Part jewelry-part timepieces
2016-06-07
The High Jewelry watches capture the beauty and brilliance of the Harry Winston Jewelry Collections, demonstrating the company fine jewelry expertise, and heritage of creativity in craftsmanship and design. Showcasing the philosophy of the founder, these unique creations pay tribute to Mr. Winston love of exceptional gems and his commitment to excellence in fine jewelry.
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Pure Grown announces Guarantee Program!
2016-06-06
Pure Grown Diamonds, the leading distributor of Lab-Grown Diamonds, today announced the Pure Value Guarantee Program for all its customers.The program is aimed at assuring our retailers that they can buy Pure Grown Diamonds with confidence, and offer the same value proposition that they would with a mined Diamond to all their customers.
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GIA programme commences on June 16
2016-06-06
GIA will offer its internationally recognised Graduate Diamonds (GD) Diploma program in Bengaluru, a major consumer market for gems and jewellery and home to many well-known jewellery brands. The seven week programme commences on June 16, and will be taught by experienced instructors. The course allows professionals and aspiring professionals from in and around Bengaluru easy access to world-class gemmology education.
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Gemfields rough ruby auction in Singapore
2016-06-06
The previous auction was held in Jaipur, India, in the month of May 2016. Highlights of that Jaipur auction are, 1: Auction revenues of USD 14.3 million; 2: New record of USD 5.15 per carat for lower quality auctions; 3: Of the 3.67 million carats offered for sale, 2.78 million carats were sold (76%); and 4: 22 Kagem auctions held since July 2009 have generated USD 426 million in total revenues.
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Platinum workers embarked on a strike
2016-06-06
A joint Kroondal/AMCU task team had been established after the CCMA issued the strike certificate, in order to perform a feasibility study and make final recommendations on the issue. Prior to the completion of the feasibility study by the task team, and following disagreement over the process which would be followed, AMCU issued Kroondal management with a strike notice.
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Around 2% of jewellery retail is online
2016-06-06
The ubiquitous name in online fashion - Myntra, today introduced fine jewellery on its platform with the launch of Mia by Tanishq, India first work-wear jewellery brand. This event marks the next phase of Myntra rapid growth, as the company expands into lifestyle segment, offering consumers the best of fashion & lifestyle at a single platform.
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Gift the gentleman of your life
2016-06-06
Dwarkadas Chandumal Jewellers presents a classic mix of opulence and luxury in its Father day collection. Classy brooch, alluring ring, elegant cufflink and smart bracelets, all set in 18kt gold and studded with diamonds are sure to woo your dad! Dwarkadas Chandumal Jewellers, a heritage brand known for its excellent craftsmanship, creating magnificent masterpieces of jewellery.
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WDM announces Facets of Mankind
2016-06-04
The World Diamond Mark Foundation (WDM) 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...
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DiaCam360 to show again at JCK 2016
2016-06-04
DiaCam360, the smallest, fully-automatic, portable, effective and affordable scanning device that within a few months after its launch in 2015 became the diamond market most popular device for creating high quality, 360-degree photos and interactive videos of polished diamonds, will be welcoming new customers to the upcoming Las Vegas JCK Show, at booth B43122.
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CIBJO opens registration for Congress 2016!
2016-06-04
Registration for the 2016 congress of CIBJO, the World Jewelry Confederation, is now open. Delegates and other participants may register for the congress and its social programme, as well as book hotel rooms, via a dedicated congress website located at: www.cibjo.org/congress2016/
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Junwex Yerevan Show Scheduled in October
2016-06-04
Held by AJA for the fifth consecutive year in the Armenian capital, Yerevan Show has already become a well-known and respected exhibition, which traditionally attracts the most prominent jewelry companies and professionals. International Jewelry & Watch Exhibition-Junwex Yerevan Show is scheduled during the October 27-30, 2016
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Impressive Hi-end Pristine range
2016-06-04
Flaunt like the queen Cleopatra and flirt like a blooming nymph with SLG Pristine jewellery collection for Monsoon. The high-end offbeat ensembles are filled with purity and verve of the monsoon. Depicting the beauty and spirit of Monsoon season, SLG Pristine instills great charm of fine designs cool colours.
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Celebrates your bond with Father!
2016-06-04
The platinum collection is crafted keeping in mind the modern man who is ahead of the curve. The designs are inspired by geometrical shapes and patterns, which has a bold interplay of lines and structures. From classic cufflinks to rings and bracelets and chains, each piece is crafted to the suit the sensibilities of a discerning man.
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GJEPC to organize India Pavilion at JCK Show!
2016-06-03
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 Location
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RJC AGM at JCK Las Vegas!
2016-06-03
RJC had its inaugural AGM in London in 2006 and since has held this event in Paris, Milan and Mumbai. For its 10th year, RJC is presenting its AGM in the US for the first time. Alongside the AGM, RJC will facilitate an industry panel session immediately following the AGM proceedings.
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8th edition of the ADTF announced
2016-06-03
The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and AWDC are pleased to announce the 8th edition of the Antwerp Diamond Trade Fair: BrilliAnt! The Antwerp Diamond Trade Fair has been brilliantly established on the international trade fair calendar since 2010.
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WorldSkills to celebrate WYSD on 15 July!
2016-06-03
WYSD is now officially recognized by the United Nations, and WorldSkills will join the organizations of the United Nations and other international and regional organizations, to raise awareness of the importance of acquiring skills as a means to address the challenges of unemployment and under employment, and as a way to achieve better socio-economic conditions for all youth.
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Amira Jewellery-the Mughal Era tradition
2016-06-03
Amira Jewellery has been a tradition since the Mughal Era and is one of the prominent elements of grandeur and exquisiteness. The Mughal emperors and empresses wore extraordinary necklaces and chains, strewn with pearls, gemstones and quality beads. Bringing back this royalty & finesse.
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JCK Las Vegas to run through June 03
2016-06-02
The JCK Las Vegas to open for badge holders on June 3 and remain open through June 6 at Mandalay Bay Resort & Casino, Las Vegas, NV. JCK Las Vegas is right around the corner! I still finalizing my schedule, scrutinizing line sheets, and wondering if triple-booking is an option. There is a certain excitement that comes with Jewelry Week Las Vegas.
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The Cullinan Dream to be auctioned on June 09
2016-06-02
This exceptionally rare blue diamond is being auctioned at Christie Magnificent Jewels & The Cullinan Dream auction at the Rockefeller Center in New York on 9 June 2016, with a value estimate of US$23 million to US$29 million. Petra Diamonds, one of the world largest independent diamond mining companies, discovered the 122.52 carat blue rough diamond at its Cullinan mine near Pretoria, South Africa, in June 2014.
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Hermes Birkin handbag auctioned for $ 300K
2016-06-02
30 years after the first sale in 1986, Christies Hong Kong Spring auctions realised yet another solid season of sales, with key international works offered such as the 15th C Imperial Ming blue and white Dragon Jar, the 5.03 ct. Aurora Green diamond, and the Himalaya Birkin bag; all realising exceptional prices.
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India to chair KP in 2019
2016-06-01
Official representatives of the European Union and India participated in the Kimberley Process (KP) Intersessional, held in Dubai, made a co-ordinated proposal under which EU will assume responsibility as KP Vice-Chair in 2017 and as KP Chair in 2018, while India will become KP Vice-Chair in 2018 and assume the position of KP Chair in 2019.
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WFDB launches young diamantaires programme
2016-06-01
An exciting new initiative of the World Federation of Diamond Bourses (WFDB) that was launched at the recent 37th World Diamond Congress in Dubai is an international Young Diamantaires programme. An exciting new initiative of the World Federation of Diamond Bourses (WFDB) that was launched at the recent 37th World Diamond Congress in Dubai is an international Young Diamantaires programme.
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HRD inaugurates new Mumbai office
2016-06-01
Mr. Jan Luykx, Ambassador of Belgium in India, Mr. Peter Huyghebaert Consul General of Belgium in Mumbai and Mrs. Claire Tillekaerts, CEO Flanders Investment & Trade Agency, following a delegation of Belgian and Indian Government Officials and Industry Representatives. The visit was part of the largest-ever trade mission of Flanders to India were also present at the event.
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RJC certifies Mahendra Brothers!
2016-06-01
RJC announced today that Mahendra Brothers Exports Pvt Ltd (Mahendra Brothers) has achieved Certification against the 2013 Code of Practices (COP) at its facilities in Mumbai, Navsari and New Delhi, India.The successful verification assessment was led by Manish Doshi from SGS United Kingdom Limited, one of the independent third-party auditing firms accredited by the RJC.
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Make this summer memorable with Platinum
2016-06-01
Make this summer memorable for your loved one with Platinum Season of Love. For the first time Platinum Day of Love brings to you an exclusive in- store festival, where you can commemorate your love in true Platinum style.You are invited to celebrate your Day of Love with a range of classic love bands, symbolizing the eternal bond that you share with your partner.
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Mathematical watch of DeWitt pre-selected
2016-06-01
The DeWitt Academia Mathematical watch has been pre-selected in the category Design at the WatchFair Luxembourg 2016. From 3 to 5 June the WatchFair will highlight exceptional timepieces at the Domaine Thermal de Mondorf. Besides the exhibition, Watch Fair Luxembourg aims at rewarding the creativity and the know-how of Haute Horlogerie...
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Pressing issue for major Japanese banks
2016-05-14
Mitsubishi UFJ Financial Group Inc (MUFG), Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group Inc (SMFG) have booked mixed earnings in recent years, with bumper stock gains offsetting weak core domestic lending. Bank of Japan (BOJ) action has increasingly forced lenders to charge less for loans and yet has failed to stimulate demand, so its decision last week not to expand its negative benchmark interest rate policy offers respite for the year ahead.
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Botswana Diamonds drilling further!
2016-05-14
The Board of Botswana Diamonds are pleased to announce that a Large Diameter Drilling (LDD) programme will commence shortly on PL 186 which is part of the Maibwe (Brightstone) block of licences in the Gope Region of Botswana. Botswana Diamonds owns 15% of Maibwe Diamonds and has a free carried interest in the project up to Bankable Feasibility Study.
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Scorpio Gold eye on 30K-35K Oz of gold production
2016-05-14
Scorpio Gold Corporation financial results for the first quarter 2016. Peter Hawley, President & CEO, comments, We are pleased to report another strong quarter of production at Mineral Ridge, wherein total ore mined increased 16.4%, processed material increased 15.2% and the head grade increased 17%, compared to Q1 2015.
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first Indian online jewellery saving scheme
2016-05-14
Jewel Rich Ecommerce Pvt. Ltd. has announced the launch of Jewelrich -Web, first Indian dedicated online monthly jewellery saving scheme aggregator. The new venture will serve as perfect platform for consumers to compare various jewellery saving schemes offered by reputed jewelers, evaluate key benefits, choose the best schemes and easily facilitate transactions online.
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Charisma the watch comes in two versions
2016-05-14
The latest timepiece by Saint Honore – Charisma – enchants and intrigues in equal measure. Its unusual shape takes you by surprise, its aesthetic charm arresting the eye with an assertively innovative look that allies simplicity and elegance. With this new creation.
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The watch AC I 32 inspired by J-Class yachts
2016-05-14
Further to the announcement of Bremont first ladies range of watches earlier this year, the British manufacturer is delighted to confirm an additional ladies mechanical chronometer which will form part of its America Cup Collection. The Bremont AC I 32 is the first women watch within this range and is very much inspired by the original AC I.
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Gold demand at record levels in Q1 2016
2016-05-13
...This increase was driven by huge inflows into exchange traded funds (ETFs), fuelled by investor concerns regarding economic fragility and an uncertain financial landscape. Concurrently, global demand for jewellery was down 19%, as higher prices and industrial action in India and a softening of the economy in China meant many consumers delayedmaking purchases.
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Grau Bar Design attains Center of Excellence Certificate!
2016-05-13
Mr. Premkumar Kothari, Chairman of Gem &Jewellery Skill Council of India (GJSCI) has awarded a certificate of Center of Excellence to Grau Bar Design, Indore headed by Mr. Parag Vyas, who has been an expert, engaged in training of candidates for Worldskill Competitions. Mr. Parag Vyas also has been certified as a Master Trainer. Highlights of the Memorandum of Understanding are as under:
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RJC certifiedHRD Antwerp NV
2016-05-13
It is a pleasure to announce HRD Antwerp NV has been certified against the 2013 COP. The new provisions under the 2013 COP address important issues for our Members and their supply chain. We are delighted to see Members achieving Certification against the standard and warmly congratulate HRD Antwerp NV, says Andrew Bone, RJC’s Executive Director.
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Falco may get annual gold production of 236K Oz
2016-05-13
Falco Resources results of a Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 (NI 43-101) for the Company 100% owned Horne 5 Gold Project located in Rouyn-Noranda, Québec, Canada. The PEA indicates that the Horne 5 Project represents a robust, high margin, twelve year underground mining project with attractive economics in the current gold price environment.
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The House of Rose offers truly for father
2016-05-13
On this Father Day, The House of Rose offers something truly special so that you can let your father know just how much he means to you. Father Day is a unique day for many reasons not least of all because it is one day in the year a father cannot refuse a gift from his child!
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Surprise your awesome father with a gift
2016-05-13
With Father Day approaching, it is time to surprise your awesome father with a gift that reflects his personality and passions. An aesthetically pleasing timepiece is the perfect gift for all fathers.Featuring a powerful and modern appearance, MBII, The ALT1-ZT/51 and ALT-1/C-PB...
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Sarine improves revenue performance in Q1
2016-05-12
The continued improvement in our business on both year-over-year and sequential bases, as elaborated on in section 10, was primarily due to more positive sentiment in the midstream ofthe diamond industry driven by: 1: renewed manufacturer profitability and margins following increased sales and prices of polished diamond jewellery (both up in U.S, 5%- y-o-y) and lower rough diamond prices (down 20% - 25% y-o-y).
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Sothebys books a net loss of$25.9mn in Q1
2016-05-12
On an unadjusted GAAP basis, Sothebys reported a net loss of ($25.9) million, or ($0.41) per diluted share, for the first quarter of 2016 as compared to net income of $5.2 million, or $0.07 per diluted share, in the prior year.The comparison to the first quarter results of 2015 is significantly impacted by a 35% decrease in Net Auction Sales, which is the primary factor in a 33% decrease in auction commission revenues in the current period.
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Endeavour Gold production of 132K oz
2016-05-12
Endeavour Gold production of 132K oz is registered in First Quarter 2016 on-track to meet full-year guidance with higher production expected in the upcoming quarters. Neil Woodyer, CEO of Endeavour, stated: Our first quarter results have met our expectations and we are on track to achieve our objectives for 2016.
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Zim discovered fresh precious metals deposits
2016-05-12
The Zimbabwean government has announced it has accidentally discovered fresh platinum and gold deposits.Authorities say they stumbled upon the deposits while accidentallyexamining sand that had gold particles in the resort town of Kariba. Government has swiftly moved in to conduct large-scale mining.
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PNG emphasis on an effective CSR
2016-05-12
Sauarabh Gadgil has always been a staunch believer of the power of education and being a responsible citizen who is born and brought up in Maharashtra, he’s determined to give it back to the community. As a part of their newly induced CSR strategy, PNG Jewellers have adopted 9 students of Eklavya BalShikshan & Arogya Nyasa
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Watchmaking and sailing shares the same values!
2016-05-12
Swiss watchmaker Raymond Weil is proud to be supporting the Real team sailing team as its Official Timing Partner for the 2016 season of the D35 Trophy on Lake Geneva and the GC32 Racing Tour internationally. To mark the occasion, the Brand presents a new freelancer watch to accompany the crew throughout all of its adventures.
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KP Intersessional on the 23rd-26th May 2016
2016-05-11
UAE announced, thank you all for your contributions to the Kimberley Process during the past twelve years. We commit to maintaining the credibility and cohesion of the Kimberley Process and maintaining its growth in 2016 and beyond. The KP Intersessional 2016 is scheduled to take place on the 23rd-26th May 2016.
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World diamond congress set to take place!
2016-05-11
With the start of the 37th World Diamond Congress just days away, the gathering is set to be among the best-attended and most impressive ever held, reflecting renewed optimism in the diamond trade internationally.
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A drastic shift in the consumer sentiments
2016-05-11
Recently India celebrated the Akshay Tritiya a major gold buying festival! This year the festival arrived on the backdrop of jewellers strike! Mr Somasundaram PR, Managing Director, India, World Gold Council observed, “The buying behaviour of consumers is returning to normalcy following the jewellers resuming business after a month long protest on the excise duty.”
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UAE struggling to find the right people
2016-05-11
According to the Menafn report, employers in the UAE are struggling to find the right people to fill in positions said the findings of a recent survey. The Bayt.com and YouGov survey which was conducted among 352 UAE employers showed that only 16 per cent of companies are searching for new employees mostly for entry-level positions with only 3 per cent searching for director-level candidates.
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Jain Patrakar Sangh adopts 8 Maharashtra villages
2016-05-11
Recently the Jain Patrakar Sangh (JPS) has adopted 8 villages of Maharashtra which are severely affected by drought. According to the announcement at the celebration of the JPS silver jubilee , total expenses are of rupees five lacs to adopt one village & all together they announced for eight villages is being adopted.
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Jewellery adds breezy aroma..!
2016-05-11
They say no elegance is possible without perfumes. It is the unseen, unforgettable and ultimate accessory. PNG, a brand that groomed, and made us feel beautiful with their breathtaking jewellery is all set to explore the lifestyle and fashion segment with the launch of their exquisite perfume range.
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Special Monsoon collection!
2016-05-11
This special collection for monsoons by jewellery designer Renu Oberoi consists of exquisite creations which are apt for a monsoon wedding, brunch or a cocktail soiree. Infusing the spirit of rains, this collection celebrates the earthy and fresh vibes of the season. The new collection is a mix of versatile jewellery incorporated with diamonds and coloured stones.
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Lucara sells 813 carat diamond for US$63mn
2016-05-10
Lucara Diamond said the exceptional 812.77 carat, Type IIa diamond recovered from the Karowe mine in Botswana in November 2015, has been sold for US$63,111,111 (US$77,649 per carat). As part of the sale, Lucara has partnered with Nemesis International DMCC, and retains a 10% interest in the net profit received from the sale of the resultant polished diamonds.
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SDiX Launched & started trading
2016-05-10
The launch of the exchange represents the most significant change in global diamond trading practices in hundreds of years. The platform is designed to enable accredited investors to trade diamonds as an asset class for the first time by providing an independent, electronic, and regulation-ready global market that creates a transparent price discovery mechanism for diamonds.
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GIA introduced the Diamond Focus Report
2016-05-10
In every corner of the world, diamonds have been described using the GIA-developed 4Cs (colour, cut, clarity and carat weight) of diamond quality and the International Diamond Grading System for several decades.Today, digital technology plays an important role for many businesses, which is why ™, a low-cost digital report for...
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The special forum to be held on May 23
2016-05-10
...Unlike commodities such as oil and metals, there is no universally recognised price mechanism for rough diamonds. Establishment of a global benchmark would go a long way to tackling issues such as smuggling and mispricing, which critics say robs diamond producers of profits from the sale of their natural resources...
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Exceptional growth leads record high silver demand
2016-05-10
The silver market saw record demand in 2015, with the jewelry, coin and bar, and photovoltaic sectors posting new highs, helping to boost total silver demand to 1.17 billion ounces last year. Overall silver supply to the market was lower, led by the continued weakness in silver scrap sales.
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Amitabh and Jaya inaugurates showrooms in Kolkata
2016-05-10
Crowds thronged Kalyan Jewellers much-anticipated launch in Kolkata as India celebrated film icons and Kalyan Jewellers Brand Ambassadors Amitabh Bachchan and Jaya Bachchan regaled the huge crowds and inaugurated the 3 showrooms of Kalyan Jewellers in Salt Lake, Gariahat and Camac Street.
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Transparency and accountability for lab-made!
2016-05-09
In a world where technological and scientific innovations come at an increasingly rapid rate, facing the future can bring both excitement and apprehension. Think, for instance, of the debates around transparency and ethics triggered by genetic modification.
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Adamantin diamond are of +0.25mm-0.50mm size!
2016-05-09
Stornoway Diamond announced the discovery of kimberlite at its 100% owned Adamantin Project located approximately 100km south of the Renard Diamond Project and 25km west of the Route 167 Extension in north central Québec. To date 11 distinct kimberlite bodies have been identified, with intersections of up to 13.7 meters.
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Diamond studded little robot Sherman!
2016-05-09
Sherman is launched in limited editions of 200 palladium (plated) pieces, 200 gilded pieces (gold-plated) and 50 diamond-set gilded pieces. Body or frame options are with fully palladium-plated polished silver colour & another is gold-plated with palladium-plated going train gearing and nickel-plated balance wheel; and fully gold-plated body and movement, gem-set with 735 high quality VVS diamonds around the eyes, hour markers and head.
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Indian Gold Coin now available in 31 cities in India
2016-05-09
Akshaya Tritiya, one of the most important festivals in the Indian calendar, falls on Monday, 9th May this year. It is considered a particularly auspicious day to buy gold, and following this tradition is believed to bring a family long-term prosperity and success.
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Mother Day Delight by NeedyBee.com
2016-05-09
Exclusively handmade, the exquisite collection showcases an array of Smashing statement pieces, ethnic bangles, hoops, kundan jewellery, Potli wallets and lot more products in striking colours !
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BMW collaborates with Poonam Soni
2016-05-09
The luxury aficionados of Mumbai were in for a royal treat, as renowned Jewellery designer Poonam Soni, and BMW Infinity Cars came together to host an evening which spelt sheer grandeur and magnificence.
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IIGJ to tie-up with Welingkar
2016-05-06
Indian Institute of Gems & Jewellery (IIGJ) Mumbai , a project of the Gem & Jewellery Export Promotion Council of India (GJEPC), has come-up with a one of its kind 3 Year Graduate Program in Jewellery Design & Manufacturing Techniques with an introduction to Management studies in collaboration with Welingkar Institute of Management
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2016 CIBJO Congress Armenia
2016-05-06
CIBJO, the World Jewellery Confederation, will hold its 2016 annual congress in Yerevan, Armenia, October 26-28, 2016, with pre-congress meetings on October 24 and 25. The congress will be hosted by Armenian Jewellers Association (AJA), a non-governmental organization that since its inception in 1998 has worked to connect Armenian jewellers to their counterparts and markets around the world, and help develop the country jewellery industry.
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Next auction of emerald and beryl in May 2016
2016-05-06
According to the announced at 3Q FY 2016, by the Gemfields next auction will be of predominantly lower quality rough emerald and beryl and is scheduled to take place in May 2016 in Jaipur, India.The last April 2016 auction of predominantly higher quality rough emerald held in Lusaka, Zambia, saw 0.47 million carats being sold. This represented 94% of the value and 84% of the weight offered and generated higher quality auction revenue of USD 33.1 million.
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Fashion in an age of technology!
2016-05-06
The Met Gala attracts the world’s most famous and fashionable celebrities. Once again, the biggest stars chose to accessorize their designer gowns with stunning Platinum Jewellery on the red carpet. Platinum Jewellery is the best choice for special occasions, and it is the everlasting trend to reflect your own shine. Following is a list of stars that sparkled in Platinum:
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Blend of Jewellery & Painting
2016-05-06
A Conceptualised evening Karmic Connection was hosted by Anjanna Kuthiala In association with Designers Bharat & Reshma, abstract artist Krupa Shah, jewellery designer Chandra & Poonam Surana and Le Meridian, Gurgaon.
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Art Deco for Mother
2016-05-06
The Art Deco by Harry Winston, Diamond Earrings evoke the iconic elegance of the time, with an array of round brilliant and carefully calibrated baguette diamonds that are meticulously set in a symmetrical medley of geometric shapes and angular forms.
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Lesedi la Rona to hammer on 29 June
2016-05-05
Estimated to achieve in excess of $70 million, the Lesedi la Rona (Our Light in the Tswana language spoken in Botswana) was uncovered by Lucara Diamond Corp. in November 2015, at their Karowe mine in Botswana. Around the size of a tennis ball (measuring approximately 66.4 x 55 x 42 mm), this colossal rough diamond of exceptional transparency and quality is around 2.5 to over 3 billion years old.
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GJSCI Launches RPL Program aiming to Skill India
2016-05-05
Gems & Jewellery Skill Council of India Launched the RPL Program (Recognition of Prior Learning) as the first step to uplift the Karigars in the Gems & Jewellery Sector along with awareness Ad Film during a conference at Indian Merchants Chamber. The event proceeded in presence of Industry Thought leaders like Prem Kumar Kothari, Chairman, GJSCI, Binit Bhatt, C.O.O, GJSCI, Vijay Waghmare...
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De Beers investment in skills training!
2016-05-05
Investment by The De Beers Group of Companies in skills training for the local workforce and social projects increased 13 per cent to US$52.5 million in 2015, according to the company Report to Society, published today. De Beers also improved its environmental performance, with reductions in energy consumption and carbon emissions.
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GIA GD Diploma Program to Surat
2016-05-05
GIA will offer its internationally recognised Graduate Diamonds (GD) Diploma program in Surat, a major consumer market for gems and jewellery and home to many well-known jewellery brands. The seven week programme commences on May 26, and will be taught by experienced instructors.
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This Akshaya Tritiya, floral-inspired jewellery!
2016-05-05
This Akshaya Tritiya, Tribhovandas Bhimji Zaveri Limited (TBZ-The Original) flaunts a daringly different floral inspired collection. Promising to enhance your glam quotient, TBZ-The Original’s beautiful and exquisite jewellery designs revolve around the theme – Let Blessings Bloom- combining tradition with trendy. The gorgeous pieces are inspired from the treasure trove of intricate designs that have made TBZ-The Original an iconic brand.
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The Art of Transformation 2016!
2016-05-05
Transformation happens, as if by magic, in the quiet places that we so easily overlook, where all is still. But just below the surface, a new and brilliant world unfolds. Cocooned in silence, shapes shift and transform, slipping from one element into another. Intricate treasures are unveiled. Life unfurls, stretching, pushing vigorously up until stillness bursts into extraordinary beauty.
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Polished inventory levels rose in April
2016-05-04
Polished diamond trading slowed in April due to sluggish demand at the start of a seasonally-quiet period. Sentiment weakened as the positive momentum from the first quarter failed to gain traction. Supplies significantly increased due to high rough sales and polished production in the first quarter.
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WDC encouraging attendees!
2016-05-04
Exactly two weeks before the start of the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), organisers are putting the final touches to the meeting schedule. Among the issues to be discussed at the Congress is the work and approach of the diamond producers, with leading representatives invited to address the Congress.
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PDE leadership heading for UAE and Turkey!
2016-05-04
Mahesh Khemlani, President of the Panama Diamond Exchange, and Ali Pastorini, PDE Senior Vice President, will visit the Near and Middle East in May, as part of the bourse international outreach program, which is aimed at building ties between Latin American gemstone and jewelry traders operating at the World Jewelry Hub in Panama City and members of the global trade.
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Project of 4.3 mn Oz of gold approved!
2016-05-04
The project has potential mineralization of 4.3 million ounces of gold (this preliminary estimate is not derived from the U.S. standard guidelines referred to as Industry Guide 7 and does not represent a proven or probable mineral reserve). As part of a future application for a mining concession, the Company will undertake a feasibility analysis of the project.
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KSS enters jewellery retail
2016-05-04
KSS Limited, listed at BSE, NSE and Luxembourg Stock Exchange announced its entry in the jewellery retail business with the launch of Bjewelz under its wholly owned subsidiary Birla Jewels Ltd with the first outlet slated to open in Patna.The company is bullish on its expansion plan of launching 500 outlets across the length and breadth of the country over the next 3 years.
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New showroom opens in Zaveri Bazar!
2016-05-04
Recently a brand news showroom opened by Dhanaksh Jewels with BIS Hallmark jewellery range. New showroom at Zaveri Bazar, Mumbai is ready to cater all those bridal, studded & an antique jewellery range, said Surajraj Munot. He said we cater good quality with Hallmark is all about to win buyer confidence. We have adopted best business practice!
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Alrosa Q1 2016 production lowered!
2016-05-03
Alrosa Q1 2016 diamond production totalled 8.2 million carats, down 2% y-o-y, driven by the specific factors. Increase in ore processing at Mir underground mine and decrease in ore processing at International underground mine & partial replacement of ore processed from Udachny pipe with ore processed from Zarnitsa pipe due to the termination of open-pit mining at Udachny pipe.
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Azva to operate as an independent entity!
2016-05-03
Azva was first gold bridal jewellery brand of India launched by the World Gold Council in 2012. Inspired by the saat pheras or seven vows of Indian marriage ritual, the brand showcased the best of bridal gold jewellery in terms of craftsmanship and manufacturing. Bringing alive the idea of concept-based gold jewellery, Azva carved a niche in the bridal gold jewellery market in India.
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Jewellers strike fades TBZ Q4
2016-05-03
Tribhovandas Bhimji Zaveri Limited (TBZ), renowned and trusted jewellery retailer with a legacy of over 150 years, reported its audited results and financial performance for the fourth quarter and full financial year ending 31st March, 2016.The total income from operations during Q4FY16 declined by 34.09% YoY to Rs. 305.16 crores.
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Launch the WOSF
2016-05-03
Taken place from May 1 to 8, 2016, at wosf –Online. WOSF has been conceptualised by Velvetcase- the online player and is bringing together vertical leaders from various categories, ranging from beauty, jewellery, electronics, innerwear, eyewear, accessories to apparel and bridal, addressing the needs of today women.
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Ravishing Reyna Collection by PNG
2016-05-03
Nature is the ultimate symbol of beauty, its poetry that most of us never notice, and its a giant canvas where exquisite sketches are made every day in all its simplicity and vividness. The ravishing Reyna Collection by PNG Jewellers is deeply inspired by the epitome of beauty, nature and is as elan and breathtaking as the inspiration itself.
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U-BOAT understands innovation!
2016-05-03
Italo Fontana, creator of U-BOAT understands perfectly the meaning of innovation. Always passionate about advanced and unusual techniques and materials, Italo decided to apply, under the thick and scratch-proof sapphire glass of the new Classico GMT, a thin layer of Anatolite, the most effective existing color-change gem.
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FY17 GDP growth for India revised to 7.7%
2016-05-02
Ind-Ra expects at least one more (25bp) policy rate cut by RBI in FY17 and a faster monetary transmission due to the cut in small savings rates and as banks adopt the marginal cost based lending rate. Although FY17 fiscal arithmetic looks a bit sketchy, Ind-Ra believes the government will be able to achieve its fiscal deficit target 3.5% of GDP.
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We never supported Strike - GJEPC
2016-05-02
...he had also said, Though we morally support the stand taken by GJF and other industry associations, we do not want to go on strike as a protest against this announcement as we believe in engaging with the Govt. with constructive dialogue to persuade them to repeal the same, Mr Pandya added.
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Myanmar Gems Enterprise in June!
2016-05-02
According to the mining ministry official department, Myanmar, the 53 rd Myanmar Jade, Gems and Pearl Emporium (JGPE) will be held at Maniradana KyaukSein Khanma (Emporium Jade Hall), Yarza Thingaha Road, Nay Pyi Tawin in June, 2016. Myanmar Pearls will be exhibited and sold on the 24 to 26 of June, 2016.
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Sibanye June ended production to be 87K oz
2016-05-02
Solid operational results of Sibanye for the quarter 2016, with a 14% increase in production and a 30% higher average rand gold price, resulting in a 240% increase in operating profit to R2.5 billion, compared with R744 million for the March 2015 quarter. Total cash cost remained flat year-on-year, despite the implementation of above inflation wage and electricity tariff increases, while All-in sustaining cost was 3% lower.
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Alta Floresta Gold acquired by Equitas
2016-05-02
Equitas Resources has received final TSX Venture Exchange approval and has finalized the acquisition of Alta Floresta Gold Ltd. Alta Floresta Gold has also increased its working interest in all of the Brazilian gold properties from 60% to 100%.Equitas Resources has received final TSX Venture Exchange approval and has finalized the acquisition of Alta Floresta Gold Ltd.
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Three-Coin Set sell opened!
2016-05-02
The United States Mint opens sales for the 2016 America the Beautiful Quarters Three-Coin Set - Cumberland Gap National Historical Park (product code 16AE) from today that is on May 2 at noon Eastern Time (ET). This set is priced at $9.95 and contains two uncirculated Cumberland Gap National Historical Park quarters-one each from the United States Mint facilities at Philadelphia and Denver--and one proof coin from the United States Mint at San Francisco.
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Lucapa recovers three big stones!
2016-04-30
Lucapa Diamond Company has recovered three more large diamonds during trial mining at its Lulo alluvial project in Angola. The company described two of the gems as high-color white type IIa diamonds that weighed 88 carats and 30 carats, respectively. They join the ranks of 10 special stones weighing more than 10.8 carats and found in the E46 area at Lulo since trial mining began in March.
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Vivid Pink diamond of 15.38 carats under hammer
2016-04-30
The star of the auction, leading a stunning selection of coloured diamonds, is the Unique Pink, an exquisite and rare Fancy Vivid Pink diamond weighing 15.38 carats. The richly varied sale on the 17th of May will also offer coloured gemstones of the highest quality, and signed pieces from the world greatest jewellery houses – in particular an important private collection of jewels by Cartier.
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Eldorado Gold inks MoU with CNG
2016-04-30
The transaction is expected to close in the third quarter 2016 and is subject to obtaining various regulatory and other approvals and other customary closing conditions.As previously disclosed, Eldorado has been evaluating the merits of potentially monetizing its Chinese assets. The Company continues to advance this process and has been in discussions with various parties and will update shareholders as appropriate
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Roxgold focuses 220K ounces of gold!
2016-04-30
Roxgold is currently constructing the Yaramoko Gold Project with anticipated completion in June this year. The resource estimate was undertaken by SRK Consulting (Canada) Inc. of Toronto and is based on 114 core boreholes totalling approximately 27,000 metres of drilling and has been prepared in accordance with National Instrument 43-101 Standards of disclosure for Mineral Projects.
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Premier look jewels pampers for IPL
2916-04-30
Voylla offers finest jewellery & fashion accessories and launches two trend setting collections every month that are available both online and across 16 retail destinations. With a sharp focus on designs and quality, Voylla stands tall in the industry that does not innovate and mostly copies design or just re-cycles old designs.
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Multi brands Akshaya Tritiya offer!
2016-04-30
AkshayaTritiya is considered to be one of the most promising days in the Hindu calendar, where people are keen to invest in gold as a symbol of prosperity. To mark this auspicious day, BlueStone, leading Indian online jewelry store,has introduced four new collections along with several exciting offers that are guaranteed to dazzle.
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Diamond export of India falls 13.66% in FY16
2016-04-29
Apex body The Gem & Jewellery Export Promotion Council (GJEPC) sponsored by the Ministry of Commerce & Industry, Government of India (GoI) released annual export performance report for FY2016 in the presence of Chairman Mr. Praveenshankar Pandya, Vice Chairman Mr. Russell Mehta and other Directors.
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Petra diamonds production up 26% in Q3!
2016-04-29
Petra diamonds Production registered up 26% to 995,905 carats against Q3 FY 2015 production was of 791,443 carats. Q3 production favourably impacted by production from the Kimberley tailings operations attributable to Petra following completion of the Kimberley Mines acquisition in January...
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Fake gems core Sri Lanka gem trade issue!
2016-04-29
Recently FT Sri Lanka highlighted the core issue of Sri Lanka gem trade! From the Queen of Sheba to Duchess of Cambridge, Sri Lankan sapphires have adorned royalty through the ages, but a flood of cheap imitations is threatening the island reputation for the precious stones. They fear that is tarnishing the image of the gems...
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Asanko Gold goes low cost discovery!
2016-04-29
Asanko Gold reaches successful drilling completed on two near mine priority exploration targets to provide additional ounces to recently commissioned milling operations. Additional Measured & Indicated Mineral Resources of 628,600 tonnes at 1.89 g/t gold that is about 38,250 contained ounces,.
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Swiss watch lost the time!
2016-04-29
Swiss matchmaking gone in March 2016 with a steep decline! The deterioration in the trend of Swiss watch exports observed since July 2015 gathered pace in March. With a decline of 16.1% compared to last year their value totalled only 1.5 billion francs, making these the lowest March figures since 2011. The scale of the downturn is also unusual, since we must go back to the crisis of 2009 to find rates of variation of this order.
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Coeur collection with a social message
2016-04-29
Actress Mandira Bedi and Transgender Activist Laxmi Naryan Tripathi walked the ramp for Delhi-based Jewellery designer Akassh K Aggarwal at. Actress Mandira Bedi was the show stopper for Akassh K Aggarwal. At the show he launched his new Spring or Summer Collection The Coeur Collectives. Coeur is a recreation of French Word for core or heart.
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2015, A Difficult Year for the diamond industry!
2016-04-28
Recently the AWDC said, the diamond trade around the world is under duress. Antwerp, the most important international trade center, did not escape the year unscathed, but was the best performer. Recently the AWDC said, the diamond trade around the world is under duress. Antwerp, the most important international trade center, did not escape the year unscathed, but was the best performer.
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International lenders warming up to Zimbabwe
2016-04-28
According to the Africa report, Zimbabwe Finance minister, Patrick Chinamasa claims multi-lateral lenders have warmed up to the country economic reform strategies, although the southern African country will have to wait for the bodies annual spring meetings before it knows whether it will get concessionary loans.
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Seminar held for Sharia Standard
2016-04-28
At the 2016 Dubai Precious Metals Conference, the World Gold Council hosted a successful seminar to update industry participants on the latest developments in the creation of a global Sharia Standard on Gold-the Standard. The event kicked off the schedule and showcased gold product ideas that will be enabled by the Standard.
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Silver Investment Opportunities!
2016-04-28
Recently the iShares Silver Trust was launched. It is now the world largest silver-backed investment product, with over 330 million ounces (Moz) of silver held in the Trust and net assets of over US$5.5 billion. The Trust provides exposure to the day-to-day movement of the price of silver bullion and uses the LBMA Silver Price as its benchmark. It trades on the NYSE Arca, under the ticker symbol SLV, and is administered by BlackRock.
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Amitabh and Jaya inaugurates in Rajasthan
2016-04-28
Crowds thronged Kalyan Jewellers much-anticipated launch in Rajasthan as India celebrated film icons and Kalyan Jewellers Brand Ambassadors Amitabh Bachchan and Jaya Bachchan regaled the huge crowds and inaugurated the 3 showrooms of Kalyan Jewellers in Jaipur, Udaipur and Jodhpur. The stars had come exclusively to Rajasthan on a whirlwind visit to launch the three showrooms on the same day.
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Forevermark develops a campaign in India
2016-04-28
Forevermark, the diamond brand with the promise of beauty, rarity and responsible sourcing, has announced its first India specific advertising campaign for Capricci, The Nose Pin Collection. The campaign like the collection is a reflection of the many expressions and many choices of the modern Indian woman.
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US consumer demand for Diamond jewellery
2016-04-27
Diamond jewellery demand by US consumers hit a record level of US$39 billion in 2015, according to industry insight data published by The De Beers Group of Companies. Demand by US consumers increased five per cent on 2014 levels as they benefited from the sustained economic recovery, higher levels of job creation and wage growth.
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Finance Issues Top of the WFDB Agenda
2016-04-27
With the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), set to start in just over three weeks, WFDB President Ernie Blom says the finance sessions of the Congress are set to provide critical information for the industry on the issue of liquidity and other financing matters.
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China debt load reaches 237% of GDP
2016-04-20
Recently China Economic Report said, The China total debt rose to a record 237% of gross domestic product in the first quarter, far above emerging-market counterparts, raising the risk of a financial crisis or a prolonged slowdown in growth, economists warn. Beijing has turned to massive lending to boost economic growth, bringing total net debt to Rmb163tn ($25tn) at the end of March, including both domestic and foreign borrowing.
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Kennady Diamonds Advances 1,200 carats!
2016-04-27
Kennady Diamonds announces the successful completion of the Kelvin North Lobe bulk sampling program. Twenty nine large-diameter reverse-circulation (RC) holes were completed along the strike of the Kelvin North Lobe resulting in the recovery of approximately 580 tonnes of kimberlite, surpassing the Companys 500 tonne target.
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Pan American acquires pie in Northair Silver
2016-04-27
Kootenay Silver and Pan American Silver said that the issuance of Kootenays common shares as consideration for Kootenays acquisition of Northair Silver Inc. as well as Kootenays acquisition of the two and a half percent net smelter returns royalty from Coeur Capital, Inc. with respect to the future production of Kootenays La Cigarra project.
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The chic, fun Piano Opera collection
2016-04-27
Indeed, eye-catching patent leather sets off the seductive curves of the famous Saint Honore Opéra watch for a most fashionable edge. Orange, yellow, green and pink: the brand plays on summer colours, but it also includes more classic shades as part of the set
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Continued stability in polished diamond prices!
2016-04-26
The sales value of those first three Sights has totalled more than $1.8 billion. That said we are now entering a period of the year when demand for rough diamonds has historically been lower due to seasonal factors, so we remain prudent in our approach.There were clear signs in 2015 performance that the fundamental improvements to the business are coming through...
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Diamond- Stiff challenges from other products!
2016-04-26
Recently the AWDC Annual Report 2015 released. It says, due to a wide range of factors unsettling the global economy in general and the extractive industry in particular, the Antwerp diamond trade was unable in 2015 to match the record import and export figures from 2014. Nevertheless, Antwerp demonstrated its resilience even under the most difficult market conditions,
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Hecla to invest $756K in an exploration
2016-04-26
Everton Resources said that Hecla Mining Company will invest $756,000 in an exploration program on the Opinaca B gold property, presently held by Everton and its partner Azimut Exploration Inc. The Opinaca B Property, which comprises 235 claims covering 122.9 km2, is located in a highly prospective part of the Eleonore mining camp.
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An eternal gift for Mother- Platinum Jewels
2016-04-26
Platinum exudes perfection, strength and individuality. This precious metal does fade or tarnish with time, just like your eternal bond. And hence makes for an apt gift, to honour the precious person she is.Platinum exudes perfection, strength and individuality. This precious metal does fade or tarnish with time, just like your eternal bond. And hence makes for an apt gift, to honour the precious person she is.
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Jewellery for Akshay Tritaya
2016-04-26
For the years now, the trend has always been gold on Akshay Tritaya. But this time, Jewelsify Online player brings amazing gold, diamond and gemstone jewellery for Akshay Tritaya. There is a rise of contemporary designs in multi-coloured gemstones and diamonds are also gaining popularity.
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Bijou Tresor Displayed At Miss Russia
2016-04-26
Yana Dobrovolskaya was awarded the most expensive crown with an estimated value of $ 1 million. During the ceremony, the twelve contestants took the stage wearing company-AJA member Bijou Trésor costume jewelry, featuring necklaces and bracelets.
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HRD Antwerp inaugurates new HK office
2016-04-25
HRD Antwerp inaugurated its new Hong Kong (HK) office following relocation from its old premises. The official opening of the new HRD Antwerp office, located at Unit 1204 A 12/F Harbour Centre 2 Hok Cheung Street 8 Hunghom Kowloon Hong Kong, took place on April 21st and was attended by Belgian and Indian government officials in addition to the HKIDA management team and leading diamond and diamond jewellery companies.
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Gematlas hosts the new age tech discussion
2016-04-25
GemAtlas- the online Gems and Jewellery destination recently hosted an event led discussion at Bharat Diamond Bourse, Bandra Kurla Complex, Mumbai. The meeting centred around the theme New Technology Led Opportunities to Increase your business which emphasised on technology as a key tool to escalate business prospects, within the Gems and Jewellery Industry.
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Chandeliers that endow rubies!
2016-04-25
This summer let your ears tell the story with an empowering range of statement earrings by WHP Jewellers. The ensemble is an assortment of unique designs where each piece has a curvaceous shape and the nuances of color that create a harmonious symphony of nature. Every pair is meticulously crafted and is an attempt to liberate the modern Indian woman from the conventional designs.
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Florals are a big trend...
2016-04-25
The spring flowers are in full bloom, not only they offer a visual delight, but have become inspiration for our sartorial choices as well. Florals are a big trend this Spring Summer and lent their delicate and sublime aura to jewellery as well. The spring flowers are in full bloom, not only they offer a visual delight, but have become inspiration for our sartorial choices as well. Florals are a big trend this Spring Summer and lent their delicate and sublime aura to jewellery as well.
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Handcrafted Luxury Jewellery
2016-04-25
Nayirah, a luxury jewellery brand offering handcrafted costume and silver based jewellery was started by Jewellery Couturier Akanksha Chowdhry. A big jewellery lover herself, Akanksha often use to observe the lack of good quality costume jewellery in the Indian market.
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Le Labyrinthe Artistique by CTF
2016-04-25
Chow Tai Fook the largest jeweller listed in Hong Kong by market capitalization with 87 years’ heritage hosted a preview of its fifth annual High Jewellery Collection: Le Labyrinthe Artistique. Inspired by the great abstract artists, each unique piece is a celebration of iconic geometric oeuvres of the Modern Period. As Chow Tai Fook first collection inspired by the fine arts, Le Labyrinthe Artistique also marks the company latest milestone in its continuing journey as a leading world class jeweller and brand.The collection of 15 sets of jewellery presents an abstract maze in which colour, form, and dimension unite in homage to the titans of abstract art.
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Anglo American held AGM
2016-04-23
At the AGM Sir John Parker, Chairman of Anglo American plc, made his remarks & said, Turning to the people who make up Anglo American… I would like to thank all members of the Board for the guidance and assistance they have given me as Chairman – with a special mention for the Chairs of the Board various Committees, who have put in many extra hours of work over the course of the year.
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Anglo American Q1 platinum production 567K ounces
2016-04-23
Platinum - Production increased by 4% to 567,000 ounces driven primarily by higher production from Amandelbult, Mogalakwena and Unki, partially offset by lower production at Rustenburg. Amandelbult production increased by 33% to 111,000 ounces due to improved mining efficiencies and increased concentrator recoveries.
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IGDA adds eight new members
2016-04-23
The first-ever association representing the lab grown diamond companies now has members from across eight countries! One of the primary goals of IGDA is to ensure that lab-grown diamonds are presented in a fair and technically correct manner across geographies as well as all commercial and consumer verticals.
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The Cheetah SA coins designs approved!
2016-04-23
Various 2016 commemorative coin designs have been approved by Cabinet, at its ordinary meeting last week. The National Geographic Coin Series Big Cats Initiative: The Cheetah and the Sterling-silver crown and tickey coin series South African inventions: Dolosse were approved.
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Kaleidoscopic colors range, cocktail rings
2016-04-23
They say that the best cocktail ensemble rings are conversation starters, and we say they couldnot be more right! Knowing the pulse of a woman, every collection introduced by Manubhai Jewellers has thus been an attempt to make her heart skip a beat and the latest ensemble of cocktail rings accomplishes the same. ‎
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Gift mother the Bremont watch!
2016-04-23
Planning to show your mother how much you appreciate her on Mother Day? A timepiece that accompanies her at all times makes an excellent symbolization of an unconditional and timeless love of mother!
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De Beers Q1 production low by10%
2016-04-22
De Beers diamond production decreased by 10% to 6.9 million carats, reflecting the decision to reduce production in response to trading conditions in 2015. At Debswana (Botswana), production decreased by 5% to 5.3 million carats as a result of the strategy to align production to trading conditions.
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3rd IRDW from MAY 22
2016-04-22
Israel stands to boost its international status as a rough diamond trading center with the third International Rough Diamond Week (IRDW) to be held May 22 – 26, 2016. The Israel Diamond Exchange (IDE) expects this event to attract a record number of international buyers as well as hundreds of Israeli diamond manufacturers.
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33% increase in ch-6 kimberlite inferred
2016-04-22
The revised resource includes a newly identified zone which currently is estimated to contain 3.15 million carats in 0.76 million tonnes, for an estimated grade of 4.16 carats per tonne. Additional tonnage classified as a Target for Further Exploration of 2.34 to 3.75 million tonnes has also been identified to a depth of 380 metres below surface at CH-6
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First Roxgold production in June
2016-04-22
Roxgold provides a development of the Yaramoko Gold Project & says, Overall construction program approximately 84% complete, Ore development on four levels progressing well with plant commissioning activities underway & 2,450 metres of decline and lateral development now in place versus a plan of 1,755 metres.
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CGMS forum 2016 held!
2016-04-22
Recently SGE held China Gold Market Summit (CGMS) Forum 2016. This forum intends to strengthen the integration and healthy development of global gold markets, and further promote the internationalization of China gold market and a global win-win outcome.
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Fortune Cookie themed sale till 9th May
2016-04-22
Themed in line with the idea of a Fortune Cookie, every client who makes a purchase from Anmol Jewellers will be offered a Cookie, inside which will be a message determining the discount rates applicable on their purchase! The extravaganza is a one of a kind opportunity to own show stopping jewellery from Bollywood favorite jewellery brand, Anmol, with unbelievable discounts and gifts!
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Shanghai Gold Benchmark Price Launching
2016-04-21
A year and half after its birth in September 2014, Shanghai Gold Exchange (SGE) introduced the first Yuan-denominated gold benchmark price in the world, signaling a new wave of business innovation. The launching ceremony of Shanghai Gold Benchmark was held by SGE at Shanghai International Convention Center on April 19, 2016.
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Rapid progress in HPHT diamonds!
2016-04-21
Israel Diamond Exchange (IDE) President Yoram Dvash has expressed his concerns regarding a GIA report that more large HPHT synthetic diamonds are likely to enter the jewelry industry in the coming years.
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Platinum Group Metals up by 13%
2016-04-21
Platinum Group Metals increased grade and a significant increase in indicated ounces in an updated independent resource estimate for platinum, palladium, rhodium and gold on the 58.65% owned Waterberg Joint Venture, located on the North Limb of the Bushveld Complex.
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CIBJO educational arm launches CSR
2016-04-21
WJCEF (World Jewellery Confederation Education Foundation), 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.
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14th Shenzhen Fair opens today!
2016-04-21
The 14th China International Gold, Jewellery & Gem Fair-Shenzhen (the Shenzhen Fair) opens today at the Shenzhen Convention & Exhibition Center. Running until 22 April, the Shenzhen Fair houses over 300 exhibitors from 13 countries and regions, including Belgium, mainland China, India, Korea, Lithuania, Nepal, Poland, Russian Federation, Thailand, Turkey, the United States, and Hong Kong and Taiwan regions.
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Celebrate the Mother Day with the House of Rose
2016-04-21
The House of Rose has come up with an exclusive new collection specifically for this season. Created with a unique amalgamation of the colours of the season, this summer experience designs from the House of Rose like never before! The House of Rose, purveyors of all things fine, humbly presents its celebration of life through the Colours of Life collection.
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Launching Shanghai Gold Benchmark!
2016-04-20
Shanghai Gold Exchange launched Shanghai Gold Benchmark Price Trading on April 19, 2016. The term Shanghai Gold Benchmark Price Trading is a centralized pricing process that involves the issuance of various prices as per the corresponding buy and sell orders so that, by the end of multiple rounds of the trading process, the total buying volume and selling volume reach a relative balance and the orders are then matched and executed at the price, the Shanghai Gold Benchmark Price.
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Mining permit to BMIX
2016-04-20
Brazil Minerals (BMIX), announced, the Brazilian government gazette features the publication of its long-awaited permit to begin mining a promising new diamond and gold area. BMIX intends to begin today the process of excavation and removal of diamondiferous and auriferous gravel from this new area.
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Diavik production17% higher in Q1
2016-04-20
Dominion Diamond Corporation reports Diavik Diamond Mine production results for the first calendar quarter of 2016. Processing volumes in the first calendar quarter of 2016 were 17% higher than in the same quarter of the prior year due to greater ore availability as a result of higher mining rates and availability of stockpiled ore.
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The LV show marks 20-year milestone!
2016-04-20
For the last two decades, the largest trade only event serving the antique jewelry and watch industry, the Las Vegas Antique Jewelry & Watch Show, has been a staple during Jewelry Market Week each summer. This year the event will again be held at the Paris Hotel and Casino, June 2-5.
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SRS presents floral collection
2016-04-20
SRS Jewells, a division of the SRS Group presents the exclusive floral collection to make your summer stylish. The collection includes exclusive gamut of floral design jewelleries comprising of earrings, bangles and pendants. The elegantly designed floral ensembles in the collection are apt for summers and are sure to complement any outfit with utmost grace.
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Platinum jewellery for Akha Teej
2016-04-20
Akshaya Tritiya also known as Akha Teej is one of the most auspicious days of the Vedic calendar. Akshaya means Eternal or which never diminishes hence buying or giving gifts on this day is considered in exhaustible. Precious platinum is an eternal metal which stands the test of time and considered auspicious for this festival.
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Mining CapEx spending on the rise in Q1 16
Despite persistent uncertainty in the mining sector, SNL Metals & Mining data shows that the industry planned capital spending announced since January 2015 has risen to roughly US$108 billion from US$60.09 billion recorded in late 2015. While this estimate primarily comprises announced costs, which may never actually be spent, it provides context on where companies currently intend to allocate resources.
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Dubai has a major role in precious metals
2016-04-19
DMCC, one of the world leading commodity hubs for trade and enterprise, announced at the 5th edition of the Dubai Precious Metals Conference (DPMC), in association with Foretell Business Solutions. Under the theme Linking Markets DPMC addressed Dubai role in stabilising and building value to the precious metals industry. Panel discussions also focussed on how to support India new policy framework
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Lecture on lab grown diamonds at HRD
2016-04-19
Recently a delegation of Nationwide Jewellers, the largest jewellery group in Australasia with over 500 Independent Jewellery stores across Australia and New Zealand, visited HRD Antwerp as part of a networking tour within the renowned Antwerp Diamond Quarter. During their visit to HRD Antwerp, the Nationwide Jewellers delegation attended a lecture covering the latest diamond treatments and the most recent market developments concerning lab grown diamonds.
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Is silver getting ready to rip higher?
2016-04-19
Dave Kranzler inks & asks is silver getting ready to rip higher? The big buzz yesterday in the precious metals market was the news that Deutsche Bank has agreed to settle charges for its role in manipulating the London Bullion Marketing Association (LBMA) daily gold/silver price fixings. My view on this, albeit admittedly jaded, is that it is akin to the settlement charges being paid by the big Wall Street banks for their fraudulent behavior in the housing bubble mortgage market
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Malabar launchesfestive jewellery collection
2016-04-19
Malabar Gold & Diamonds, the leading jewellery retailer unfurled the latest collection of jewellery specially designed for the festive season in gold, diamonds and precious gems to celebrate this festive season and to suit the tastes of their multicultural and multinational customers. The products were unveiled at the exhibition stand of Malabar Gold & Diamonds in the global brands segment of Vicenzaoro Dubai (VoD).
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Forevermark launches the Artemis collection!
2016-04-19
Forevermark announced the launch of theArtemis™ collection in collaboration with master couturier Bibhu Mohapatra in Mumbai. Actress Athiya Shetty was the showstopper of the evening, looking glamorous in exquisite jewellery by Forevermark and Bibhu Mohapatra. She adorned a 12 carat diamond bracelet with gold texturing and sparkling diamond earrings from the newly unveiled collection.
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India showcases latest in design!
2016-04-16
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery industry in India, in its effort to cater to the rapidly emerging Middle East (ME) Gems & Jewellery market is organizing India Pavilion at this year Vicenzaoro Dubai (VoD). After the successful association with Vicenzaoro Dubai in 2015, GJEPC is all set to showcase Indian scintillating collections in its 2nd edition too.
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Diamond Commoditization Beyond 4 Cs
2016-04-16
Fischler Diamonds announced a new program under which every diamond sold of 0.70 carat and above, will include a pre-paid registration gift card in the online Museum of Named Diamonds. The cards, valued at $100 each, provide a tool to help retail jewelers move the point-of-sale conversation beyond the 4 Cs and price comparisons, when talking to consumers.
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Strong cash flows expected at Kirkland Lake
2016-04-16
Kirkland Lake Gold total gold production registered of 69,464 ounces for the 1Q 2016 from the Macassa and East Timmins Operation. This number excludes production of 7,189 ounces at East Timmins during the first 25 days of January as the acquisition of St Andrew Goldfields Ltd, closed on January 26th. The Company also provides 2016 guidance metrics.
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Kalyan new ad campaign!
2016-04-16
Kalyan Jewellers brand ambassadors Mr Amitabh Bachchan and Ms Jaya Bachchan, which has been recently shot new ad campaign for the Kalyan Jewellers. Both were reeled with new advertisement campaign recently. Amitabh Bachchan and Jaya Bachchan featuring in Kalyan Jewellers new brand campaign as a Bengali couple enjoying traditional Bengali meal and talking about Kalyan jewellers to be launched in Kolkata. Leading Kalyan sooner would be launched in to the Kolkata market.
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NJ Earrings under hammer
2016-04-16
The stunning Diamond ear Pendant designed by Ketan and Jatin Chokshi, Narayan Jewellers (NJ), Vadodara, which was worn by the beautiful Hollywood actress Dylan Penn at the Elton John AIDS Foundation Oscar party, is being auctioned by Saffron Art.
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Aadhunik Collection by PNG
2016-04-16
PNG Jewellers, a brand that thrives on values, creativity and innovation, launched their sleek, modish Aadhunik collection on the auspicious occasion Gurupushyamrut. On the day of Gudi Padwa hundreds of customers could not make a purchase since the nationwide jeweller strike was going on.
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India participates at VoD
2015-04-15
The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery industry in India, in its effort to cater to the rapidly emerging Middle East Gems & Jewellery market is organizing India Pavilion at Vicenzaoro Dubai (VoD) scheduled from April 14 to April 17 at the Dubai World Trade Centre, Dubai.
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Global Economy Faltering, Growth for Too Long!
2016-04-15
Global growth continues, but at a sluggish pace that leaves the world economy more exposed to risks, says the IMFs latest World Economic Outlook (WEO). The WEO forecasts global growth at 3.2 percent in 2016 and 3.5 percent in 2017, a downward revision of 0.2 percent and 0.1 percent, respectively, compared with the January 2016 Update.
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WDM and HRD seminar on April 15 at VoD!
2016-04-15
During the past months, too much has been said and written about synthetic diamonds and we have talked too little about the product that unites all who make a living in the diamond and jewellery business: natural diamonds, Popov noted. Therefore, we cannot lose sight of natural diamonds as one of the most important elements that create consumer desire and enthusiasm for jewellery!
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Digital product by Trendvision launched at VoD!
2015-04-15
Following the inaugural event of the Vicenzaoro Dubai, for an overview on the International Jewellery Sector the official launch of the new digital product by Trendvision Jewellery Forecasting today at VOD Conference Room in a well organised seminar presented by Creative Director & Forecaster, Paola De Luca- Trendvision.
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Adawna launches new range
2016-04-15
Crafted in silver and studded with Swarovski crystals and semi-precious stones, the rings are ideal for those special occasions when you want to be in the spotlight. Crafted to enhance your party look, these ultra glamorous rings can jazz up event your simplest outfits.
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Womanhood with capsule collection
2016-04-15
Viranigems - an online portal for diamond jewellery from the house of Virani Group introduces its capsule collection with a combination of diamond pieces like rings, pendants and earrings. Inspired by minimalism, the exquisite collection enraptures different aspects and subtle nuances of the season as visualized by a common man giving it an artistic turn for the budget-conscious shoppers.
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Jewellers now opened, focuses wedding seasons!
2016-04-13
Now it is the duty of IBJA and its board duty to see that all demands to be fulfilled by GoI and to ensure no jeweller is harassed by and excise department. Sooner the IBJA will launch a helpline number for all its member who can call on if anyone is harass by any excise department. IBJA President Mohit Kamboj Personally stand with all its member and will see personally to ensure hassle free jewellery business.
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Indian Export Growth Not Strongly Linked to Rupee!
2016-04-13
Soumyajit Niyogi, Associate Director – Credit & Market Research Group, India Ratings & Research India Ratings and Research (Ind-Ra) said that Indias merchandise exports will pick-up when global consumption revives. Apart from global demand, another major driver of Indian exports is established competitive advantage in specific sectors (like refining, precious metals, pharmaceuticals).
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De Beers third sales cycle of 2016 valued $660m
2016-04-13
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers third sales cycle of 2016. Rough diamond sales during the third cycle of the year continued their reasonably positive trend to $660 million, compared with the $617 million value of the second sales cycle of 2016.
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Scorpio Gold Produces 8,569 Oz of Gold in 1Q 2016
2016-04-13
Scorpio Gold announces its operating results for the first quarter (Q1) of 2016 at its 70% owned Mineral Ridge project, located in Nevada. Gold and silver production in Q1 2016 totalled 8,569 ounces and 3,921 ounces, respectively, representing 28% and 38% decreases over Q1 2015. The decreased metal production in Q1 2016...
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Gounder Poured 46,522 ounces of Silver
2016-04-13
Maya Gold & Silver Inc. reported that they have attained a production of 46,522 ounces (1447 Kg) during the month of March 2016 at its Zgounder silver mine in Morocco.
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Sunny Fete by Minawala
2016-04-13
Step out this summer and experience the beauty of the season with Minawala. The brand is back to make your summer stylish with its hottest handpicked collection Sunny Fete. Nurturing the innocence, each spellbinding creation in this collection accentuates delicate detailing.
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Rahul asks jewellers to extend strike up to April 24!
2016-04-12
Rahul Gandhi addressed a mass rally in Zaveri Bazar, Mumbai on April 12. Accompanied with Ashok Chavan, Milind Deora, Sanjay Nirupam & Yogesh Singhal. Rahul said, this is not the Excise , it is an assassination attempt from the government because government thinks jewellers has no money power & strength to fight! He assured jewellers that he would remain with jewellery industry.
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Jewellers Strike over?
2016-04-12
According to the sources Jewellers have ended their strike after 41 days on Monday, April 11. Leaders from Delhi & Rajasthan met Piyush Goyal, the Minister of State with Independent Charge for Power, Coal, New and Renewable Energy in the Government of India & BJP President, Amit Shah with Fatehchand Ranka, President of Maharashtra Rajya Saraf Suvarnakar Federation & resolved to pullback the ongoing jewellers strike.
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Interest Rate on Small Savings to Fall Further
2016-04-12
The interest rates offered on SSS have been analysed by a number of committees in the past, and all of them have recommended a periodic resetting of interest rates to reflect the emerging macro context. Interest rates on SSS, however, were often found to be rigid downwards reflecting the predominance attached to the social security aspect of small savings rather than the viability of the scheme.
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Kennady Diamonds Appoints Dr Rory Moore
2016-04-12
Jonathan Comerford, chairman of Kennady Diamonds, commented: Over the past six months the Company has advanced the governance separation of Kennady Diamonds from its former parent Mountain Province Diamonds with the appointment of two new independent directors. The appointment of a new president and CEO who is independent of Mountain Province is the next key step in this process.
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Bagezyan LLC a permitted to operate in FEZ
2016-04-12
During the session, the Armenian government granted Bagezyan LLC a permit to operate in the territory of Meridian Free Economic Zone. A 68.5 $ million investment program is planned for implementing in jewelry sector.According to RA Minister of Economy../
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Latin American DJW in Panama
2016-04-12
Buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and around the world will gather at the World Jewelry Hub in Panama City from June 20 to June 23 for the Second Latin American Diamond and Jewelry Week (DJW).
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CIBJO 2016 congress in Yerevan
2016-04-11
Last week the World Jewelry Confederation CIBJO announced that the upcoming 2016 Congress will be taking place in Armenia, October 26-28, with two pre-congress days,from October 24-25.The CIBJO Congress is also where the programme of World Jewellery Confederation Education Foundation(WJCEF) and CIBJOs ongoing cooperation with the United Nations is reported upon.
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Tcheji diamond to produce 3K carats a month
2016-04-11
Diamond mining company Sociedade Mineira do Tcheji, which will explore a diamond mine with the same name, expects initially to extract 3,000 carats of diamonds per month, with estimated revenues of US$1.5 million, Angolan news agency Angop reported.
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VOD gets ready to open on April 14
2016-04-11
Unique networking platform for the jewellery industry gets ready to open its doors from 14 – 17 April, 2016, at Dubai World Trade Centre. Vicenzaoro Dubai (VOD)gets underway next week, with a series of new events that are set to see it become the international networking platform for those involved in jewellery, gold, precious stones and diamonds.
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Gemfields next auctionin May 2016
2016-04-11
Our return to Lusaka has delivered another strong and indeed record result at a time when global commodity and diamond prices remain volatile and uncertain. Demand for and prices of emeralds clearly remain as robust as ever and gemstone mining represents one of the healthier segments of the sector.
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E-commerce policy unlikely to impact Business Model
2016-04-11
It believes further clarity is essential for the successful regulation of the sector, implementation of the policy and achieving the desired objective to bring about a level playing field between the offline and online retailers.Ind-Ra believes the traditional offline retailers are unlikely to benefit as the policy is directed towards defining and limiting the scope of operations of e-commerce business.
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Rebounding gold, not exuberance in miner!
2016-04-11
Edward McAllister said in TAR a steep rise in gold prices may have given hope to a battered mining industry in 2016, but after four tough years producers in Africa are still too wary to call the bad times over. Gold prices surged 15 percent in the first three months of 2016.
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Nirmala Sitharaman & EPCs meets on current trend of exports
2016-04-09
Commerce & Industry Minister Smt. Nirmala Sitharaman recently held a meetingwith the Chairpersons of Export Promotion Councils (EPCs) to review the current trend of exports from India and to take stock of issues faced by the exporters. This was the second such meeting with the Councils, first meeting was held on 02.02.2016.
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RBI demands transparency on DDA!
2016-04-09
Recently the RBI has given direction under the Reporting Mechanism to all those AD Category –I banks by referring the Master Direction on Reporting under Foreign Exchange Management Act, 1999, as updated from time to time. This is the step closer to act transparent!
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Gold outshines the market in Q1 2016
2016-04-09
The gold price staged a spectacular rally in the first quarter of this year, rising by 17% in US dollar terms. This was its best performance in almost three decades, significantly outperforming other major stock, bond and commodity indices.
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RJC re-certifies Jewelex Europe Nv
2016-04-09
The successful verification assessment was led by Ann Van Vlaenderen from FiguradBedrijfsrevisoren, one of the independent third-party auditing firms accredited by the RJC. It is a matter of great pride and accomplishment for Jewelex Europe NV to achieve RJC Certification.
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Gemfields auction brought 33mn!
2016-04-09
Gemfields recently held Lusaka Emerald and Amethyst Auctions of predominantly higher quality rough emerald extracted by Kagem Mining in Zambia.The auction also included higher quality amethyst from Kariba Minerals in Zambia. According to the company the Emerald Auction fetched revenues of USD 33.1 million. New record registered with USD 70.68 per carat for higher quality auctions.
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Estimated over $28mn Unique Pink offered!
2016-04-09
The Unique Pink has been found to be Type IIa, displaying exceedingly pure structure. The exquisite of stone is pear shape and brilliant cut accentuate its exceptional saturation, placing it in a rarefied category even among the world’s most beautiful diamonds.
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Buy Indian Gold Coin at IOB today
2016-04-08
The Indian Overseas Bank (IOB) has today announced the sale of the Indian Gold Coin across all its branches in Mumbai on 8thApril on the occasion of Gudi Padwa. The coins will be made available at 21 branches of IOB across Mumbai. MMTC Branch in Bandra Kurla Complex will also be open on 8th April to sell Indian Gold Coin.
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GMS gives choices to depositor!
2016-04-07
Further, where the redemption of the deposit is in gold, an administrative charge at a rate of 0.2% of the notional redemption amount in terms of INR shall be collected from the depositor. However, the interest accrued on MLTGD shall be calculated with reference to the value of gold in terms of Indian Rupees at the time of deposit and will be paid only in cash.
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Stable retail, exporters to Face Headwinds
2016-04-07
India Ratings and Research (Ind-Ra) has maintained a stable outlook for jewellery retailers for FY17. The agency expects retailers to fare well underpinned by a sustainable domestic demand, shifting preference towards branded jewellery, and fading regulatory headwinds.
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diamond sampling highly encouraging
2016-04-07
North Arrow results from the 2015 till sampling program at its 100% owned Mel Diamond Project in Nunavut says, A total of 228 till samples were collected in August 2015 as part of a program designed to better define two unsourced kimberlite indicator mineral (KIM) trains within the project. Visual picking results have been received from 175 of the 227 till samples and include...
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US Silver Jewelry Sales Strong in 2015
2016-04-07
Highlights from the 2015 survey include: 1: The average growth in 2015 for silver jewelry sales was 15%; 2: Retailers said their silver jewelry sales, as a percentage of their overall jewelry sales, were on average 35% of their unit volume and 27% of their dollar volume; 3: 45% of retailers said silver experienced the best turnover rate in 2015, followed by diamond jewelry at 22%, bridal at 17%, gold at 12% and platinum at 4%.
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Fancy Vivid Blue Diamond fetched US$31.8 m
2016-04-07
Top Lot, De Beers Millennium Jewel 4 of A 10.10-ct Oval-shaped Fancy Vivid Blue Diamond Sold for US$31.8 m & fetched US$3,151,561 per Carat. The top ten lots show a great diversity ranging from coloured diamonds, diamonds, gemstones and pearls to jadeite.
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Distance away from Greece
2016-04-06
Recently the IMF Managing Director Christine Lagarde said in the Letter to Greece Prime Minister Alexis Tsipras where Alexis asked about the IMF’s position regarding the program negotiations with Greece.
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Clean Credit for diamond import!
2016-04-06
To ease the operational difficulties faced by the importers, it has been decided, in consultation with the Government of India, to delegate the powers for permitting such clean credit for a period exceeding 180 days from the date of shipment to the AD banks, subject to the following conditions:
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RBI reduced Repo Rate by 25 basis points!
2016-04-06
Recently in the First Bi-monthly Monetary Policy Statement, 2016-17, By Dr. Raghuram G. Rajan, Governor announced the policy for the FY 16-17. In the announcement of Monetary Policy, Monetary and Liquidity Measures announced. On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to:
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Alrosa diamond sales proceeds by 25% in 2016!
2016-04-06
On April 1, 2016, the 20th meeting of the active functionaries of Alrosa Group was held in Mirny. The results of the Company operations and production in 2015 and priority tasks for 2016 were discussed at the meeting. Over 500 representatives from all Alrosa subdivisions and affiliates attended the anniversary meeting.
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Pikoo discovers at least two kimberlites
2016-04-06
North Arrow Minerals says, North Pikoo, The most significant kimberlite discoveries of the program have been made in the North Pikoo Diamond Project area where kimberlite was encountered in seven of nine holes. Relationships between kimberlite intervals are complex with at least two, and perhaps up to four, discrete new kimberlites having been discovered.
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WHP spreads online wings
2016-04-06
After an overwhelming month with the E commerce portal that is online jewellery store, WHP Jewellers, the jewellery mammoth associates with Flipkart, Ebay and Wear Your Shine with a clear objective to broad base the reach of its product line. WHP is already present on Amazon and Velvet case since 2015.
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Alrosa production 2016 to stay at 37 mn/cts!
2016-04-05
The priority production tasks for this year were discussed at the 20-th meeting of the active functionaries of Alrosa Group held in Mirny. In his address, Alrosa President Mr. Andrey Zharkov reported that diamond mining by the Group in 2016 may fall within the range from 37 million to 39 million carats.
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Peregrine continues to expand in Botswana
2016-04-05
Peregrine Diamonds primary assets in Botswana are 11 prospective diamond Prospecting Licences that cover 6,613 km2. The 2015 diamond exploration program focused on the Moralane and Malolwane areas and included drill testing of four priority kimberlite targets in the Moralane block.
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UN celebrated the day for Mine!
2016-04-05
Not long ago, nearly 10,000 men, women, and children died or were injured by landmines and unexploded ordnance every year. On April 04 it was observed UN International Day for Mine Awareness and Assistance in Mine Action...
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Diamond dedicated to mothers of Russia
2016-04-05
Alrosa recovered an 83.59-carat diamond on February 13, 2016, from Yubileynaya pipe. The diamond was extracted by Aikhal Mining and Processing Division at the Processing Plant No. 14. The diamond measures 28 mm by 26.5 mm by 26 mm. The octahedron-shaped crystal is transparent with yellow hue.
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Anmol celebrated 30 Glorious Years!
2016-04-05
Anmol Jewellers celebrated three sparkling decades of design, at an exclusive soiree in collaboration with Knight Frank. Anmol Jewellers, the premium, luxury, designer jewellery brand that has never seized to amaze their customers with their exquisite, plush designs and craftsmanship, ensured that the event was as sparkling and opulent as the brand itself.
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Japan business mood depressed
2016-04-04
Big firms also cut their capital expenditure plans for the current fiscal year that began in April, underscoring the challenges the BOJ faces in nudging risk-shy companies into boosting spending through aggressive money printing. The weak reading may also persuade Abe to delay yet again a sales tax hike scheduled for next year to keep the economy afloat.
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Thai GDP projected at 3% in 2016
2016-04-04
According to the IMF conclusion the Thai economy recovered in 2015 after a slowdown induced by political uncertainty. Output grew by 2.8 percent, while headline inflation dropped to -0.9 percent, undershooting the BOTs target of 2.5±1.5 percent, mostly due to a fall in energy prices.
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ADB appoints president
2016-04-04
The Antwerp Diamond Bourse-ADB (Beurs voor Diamanthandel) has made two new appointments to its Board of Directors. Jacques Korn has been elected President, and Rajender Gahani has been elected Executive Director.
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New title for the most jewels on a guitar
2016-04-04
Hong Kong diamond jeweler Coronet announced its accomplishment of its second Guinness World Records title achievement for the most jewels on a guitar. The spectacular art piece featuring 16,033 Swarovski Genuine Gemstones and Swarovski Zirconia was unveiled at Baselworld 2016 at the Coronet stand.
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Travel Jewellery by Jewelsify.com
2016-04-04
Make your travel hassle free with this exquisite Travel Jewellery by Jewelsify- the online company. Keeping destination wedding and leisure trip in the mind, the online e-commerce brand jewelsify.com has introduced travel Jewellery.
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Sevenfriday offers latest Off Series
2016-04-04
The P2B/03-W features a Stainless Steel box with dark grey PVD treatment and an interface with copper highlights. This is the first Sevenfriday to feature Super Luminova on the hour hand and on the 12 different hour indicators, making it easy to read the time in low light. This watch is also the first model outside the V-series to feature the brand’s new NFC CP mechanism.
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Indian Prime Minister Modi delivers results! AWDC
2016-04-02
One issue that Prime Minister Modi could solve very quickly is the long delay in receiving Reserve Bank of India (RBI) permission for clean credit facility when these are longer than 180 days. Clean credit is a loan given by a foreign supplier to its Indian customer for importing diamonds without formal guarantees from an Indian financial institution, making the process swifter and easier.
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NIRP in advanced economy!
2016-04-02
We have entered a new and unprecedented phase in monetary policy. Central banks in Europe and Japan have now implemented Negative Interest Rate Policies (NIRP) to counteract deflationary pressures and, in some cases, currency appreciation.
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Fiery Passion by Minawala!
2016-04-02
This classic collection offers a wide array of fine jewellery including, designer pendants, sleek bracelets, dainty earrings & statement rings. Every flawless stone is exclusively chosen for each particular piece which captures the essence of sophistication.
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Pressure on Corporate Credit Quality
2016-04-01
The agency expects aggregate leverage for FY17 to remain at FY15 levels given the current low investment levels and a stable working capital position. However, the fragile recovery which would allow corporates to deleverage over the medium term to FY11 levels could be further delayed in case of external shocks.
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Integra Gold announces 2016 drill program
2016-04-01
...We are still awaiting results from an additional 52,000 m of drilling, including a number of deeper holes which were designed to test the extent of gold mineralization between 1,000 m and 1,500 m vertical depth...
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WJH honors Minister with foreign ambassadors
2016-04-01
The World Jewelry Hub has marked Diplomatic Day in Panama by hosting the country Minister of Commerce and Industry, Augusto Arosemena, as guest of honor, together with ambassadors and representatives from a host of countries, at its facility in the Santa Maria Business District of Panama City.
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Tiffany to Host Investor Day on April 12
2016-04-01
Tiffany & Co. will be hosting an Investor Day on Tuesday April 12, 2016 at its corporate office in New York City. The meeting will be led by Frederic Cumenal, chief executive officer, during which members of the executive management team will provide
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Manubhai launched light weight jewellery
2016-04-01
Manubhai Jewellers understands that a woman is as precious as a jewel and has thus launched a unique range of light weight antique sets of necklaces & earrings this season. Catering to the needs of the modern Indian woman for more than five decades; the brand has evolved with changing dynamics of Indian fashion to perfect the unity in trends of ancient and modern India.
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Laurent Ferrier unveiled Galet Classic Square
2016-04-01
At Baselworld 2016, Laurent Ferrier unveiled an original version of the Galet Classic Square representing a contemporary interpretation of early 19th century pocket watches: the Galet Classic Square – Tourbillon Double Balance-Spring Sector Dial.
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Jewellers strike until 10 or indefinite?
2016-03-07
All India Gems & Jewellery Trade Federation (GJF) Chairman Sreedhar GV handed over a memorandum/ petition to Union Finance Minister Shri Arun Jaitley in the presence of GJF EDs Shri Ashok Minawala and Shri Nitin Khandelwal whereafter Finance Minister promised to look into their grievances wrt excise duty imposition post Budget 2016-17.
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Third tranche of the gold bond opens from 8
2016-03-07
According to ministry of Finance, the Third Tranche of the Sovereign Gold Bonds will be kept open from 8th March 2016 to 14th March, 2016. The Bonds will be issued on 29th March, 2016.
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Jewellers extends strike untill 7
2016-03-05
Senior officer bearers of All India Gems and Jewellery Trade Federation (GJF) along with representatives from many Jewellery Associations across the nation called for an extension of the strike till 7th March, 2016 to protest against the Government’s adamant attitude to implement Excise Duty in the Gems & Jewellery sector.
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J.K. Diamonds Suppliers Re-certified by RJC
2016-03-05
RJC announced that J.K. Diamonds Suppliers has achieved Certification against the 2013 Code of Practices (COP) at its retail facility called Jorge Juan Joyeros in Madrid, Spain.
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Sarine Returns to Profitability
2016-03-05
As discussed throughout the year, the Group operated in a very challenging environment in 2015. Diamond manufacturing activities dropped significantly, by 30-50%, due primarily to overly aggressive rough diamond pricing, against stagnant polished diamond prices and higher than normal polished inventory levels, due to pipeline skewing in late 2014.
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Forevermark launches in SE Asia!
2016-03-05
The De Beers Group of Companies announces that Forevermark has recently launched in Hungary, Thailand and South Korea. It is now available in more than 1,700 outlets in 38 consumer markets.
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CIBJO associates for Environment!
2016-03-04
The implementation of environmentally sound practices in both the coral harvesting and pearl farming sectors came under the spotlight today at the Hong Kong International Diamond, Gem & Show, with the discussion focusing not only the means to protect the fragile marine ecosystem, but also the need to present the members of the industry as responsible corporate citizens.
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GJIIE rescheduled in October
2016-03-04
According to MJDMA & UBM India, the 12th edition of GJIIE is rescheduled to 7th - 9th October 2016.‘We understand that this date change may cause inconvenience to some of our exhibitors and visitors. However, we assure you that the GJIIE team is enthusiastically encouraged with the preparations and progress of this year’s event’ organisers said.
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Growth outlook of India is favorable
2016-03-04
India has a very young and dynamic workforce, and needs to create sufficient jobs for the roughly one hundred million young Indians who will enter the job market in the coming decade. While India has made steady progress in recent years, raising India’s growth rate and ensuring the creation of sufficient jobs will require deeper structural reforms.
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Advancing Asia: Investing for the Future
2016-03-04
The International Monetary Fund (IMF) and the Government of India will co-host a high-level conference in New Delhi on March 11-13, 2016, to take stock of Asian strong economic performance, its increased resilience to shocks, and the regions ongoing economic policy challenges.
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Reaction on Union AnchorBudget 2016-17
2016-03-01
Indian Finance Minister focus for Union Budget 2016-17 was macro-economic stability and fiscal discipline as part of the transformational agenda. It was presented against the backdrop of challenging global headwinds while taking into account India status as a bright spot of 7.5%+ growth in a slowing global economy. There are several positive takeaways from the Union Budget and yet some areas that need to be addressed with respect to the gems & jewellery sector.
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GJ Players reaction on Union Budget 2016-17
2016-03-01
As soon as the Budget pronounced numbers of industry players reacted on the budget. Let us read choicest opinions! 1: Introduction of Excise Duty on Jewellery is a derogatory step, 2: 90% of jewellery manufactured by small and micro sector and karigars and hence implementation not at all practical, 3: Excise Duty was introduced in March 2012 budget but government had to withdraw it because of it being impractical, 4:
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Huma Qureshi at Nazraana event in Bhopal
2016-03-01
Leading Indian jewellery retail chain PC Jeweller has hosted Bollywood star Huma Qureshi at an exclusive event in Bhopal for Rio Tinto Diamonds brand initiative, Nazraana™. Inspired by Indian culture, the beautiful Nazraana™ jewellery collections are the perfect gifting choice, combining emotion, affordability and beautiful design, embodied in their brand philosophy – the heart that gifts a diamond shines like a diamond.
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GJF disappointed with Union Budget 2016-17
2016-03-01
Our hopes are belied as the government hasignored the gems and jewellery sector from fiscal incentives and has imposed excise duty of 1% without input credit or 12.5% excise with input credit. This will create further trouble for jewellery manufacturers, who have been incurring losses in their business transactions, due to recently introduced PAN card norm
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The 37 WDC from May 16 to 19
0016-03-01
The 37th edition of the World Diamond Congress (WDC), the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will take place in Dubai, United Arab Emirates, from May 16 to 19, 2016. The World Diamond Congress is the most prestigious event of these two international bodies.
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Forevermark at the 88th Academy Awards
2016-03-01
Forevermark diamonds adorned many of Hollywood’s leading ladies at the 88th Annual Academy Awards and Oscars after-parties including Oscars presenters Olivia Munn and Margot Robbie, Giuliana Rancic, Minnie Driver, Martha Hunt, and others. Bold, sparkling diamond jewelry pieces were top choices on the Oscars red carpet. Olivia Munn wore a custom, Forevermark by Jade Trau Exceptional Diamond cuff, featuring a 12.06 carat Forevermark Exceptional Diamond.
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GSI and MJDMA conduct Trade Seminar
2015-10-28
GSI (Gemological Science International), one of the largest global gem labs and MJDMA (The Madras Jewellers & Diamond Merchants Association) hosted a free seminar at Chennai.
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GJEPC sets the correction and growth agenda
2015-10-26
Praveenshankar Pandya, the newly elected Chairperson and Russel Mehta, Vice Chairperson of the GJEPC within a week of joining office have outlined the agenda for correction and growth in the G&J industry.
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De Beers auction at SNZ, BDB
2015-10-26
The De Beers Group of Companies today announced that its Auction Sales business intends to conduct viewings of auction lots at the Special Notified Zone (SNZ) in Mumbai, India, in November 2015 ahead of its December 2015 auction events.
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RBI issues direction on GMS, 2015
2015-10-26
The Reserve Bank of India issued a Direction to all Scheduled Commercial Banks (excluding Regional Rural Banks) on implementation of the Gold Monetisation Scheme, 2015 notified by the Central Government.
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Brazil Minerals, adds to management team
2015-10-26
Gisele Souza, J.D., a U.S. and Brazilian citizen, fluent in both English and Portuguese, has been hired as Vice President, Administration and is based in Montes Claros, state of Minas Gerais, Brazil.
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Mining industry pivotal to SA economic growth
2015-10-24
Mineral Resources Minister Mosebenzi Zwane says the mining industry must work with government to achieve South African economic growth objectives. We are aware that alone as government, without working with the stakeholders, we won’t be able to do that, Minister Zwane said.
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GIA Offers Scholarships for 2015
2015-10-24
GIA is now accepting applications for 200+ scholarships for its Gemology and Jewelry Manufacturing Arts programs, courses and lab classes. GIA scholarships, which total $1.5 million for 2015.
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De Beers production decreased in Q3
2015-10-24
De Beers - Diamond production decreased by 27% to 6.0 million carats, following the decision to reduce production to better reflect current trading conditions.
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Disposal of the Rustenburg Operations
2015-10-24
Anglo American Platinum announces that Rustenburg Platinum Mines Limited (RPM), a wholly owned subsidiary of the Company, has entered into a Sale and Purchase Agreement with Sibanye Gold to sell its Rustenburg mining and concentrating operations for at least R4.5 billion.
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Anglo Platinum Q3 production grew
2015-10-24
Anglo American Platinum Production and purchases of metal in concentrate. Previous disclosure of own mine production and purchases of metal in concentrate was converted to equivalent refined production using standard smelting and refining recoveries.
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GJEPC elects for 2015-17
2015-10-22
Results for the elections for the posts of GJEPC Chairperson and Vice Chairperson; and for the Committee of Administration of Panel Members and Regional Chairpersons for the period 2015-17 were declared.
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Free GIA seminars on October 23 and 24!
2015-10-22
GIA experts will present discussions surrounding diamond fluorescence and the characteristics of corundum and emerald that have captivated people since ancient times on October 23 and 24 during the Singapore Jewellery & Gem Fair.
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AWDC congratulates Andrey Polyakov
2015-10-22
Alrosa Vice President Andrey Polyakov was elected World Diamond Council (WDC) Vice President at the WDCs annual general meeting on 12 & 13 October in Moscow. Polyakov will become WDC President in 2016.
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New campaign Real Women Love Anmol
2015-10-22
Anmol Jewellers, a premium designer luxury jewellery brand, launched their latest ad campaign Real Women Love Anmol on 14th October at The Club.
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MEJDF concludes with a huge success!
2015-10-22
This is with reference to the First Middle East Jewellery Designers Forum-2015 held in Sharjah, UAE during the Mid-East Watch & Jewellery Show on the 9th October, 2015.
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Incentive schemes in the current FY increased
2015-10-20
Commerce Secretary Ms. Rita A. Teaotia held detailed consultations and deliberations with around 27 Export Promotion Councils to seek their views and suggestions on ways to promote exports.
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Alrosa hosted WDC annual meeting
2015-10-20
The WDC represents diamond market participants – companies and industry organizations – in the Kimberley Process (KP). The Council traditionally organizes annual meetings to discuss and form a unified industry position on the KPs current issues.
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Silver Recycling Volumes to Stagnate!
2015-10-20
The Silver Institute released Silver Scrap-The Forgotten Fundamental, a report produced by Metals Focus, the London-based independent precious metals research consultancy, on behalf of the Silver Institute.
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Petra eye million carats by FY 2019
2015-10-20
Petra Diamonds Limited announces that its forthcoming Q1 FY 2016 Trading Update will be announced on Wednesday, 28 October 2015. A conference call to discuss the Trading Update with analysts and investors will be held at 9:30am GMT on Wednesday, 28 October 2015.
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Forevermark Capricci-the nose pin collection
2015-10-20
Forevermark, the diamond brand with a unique inscription assuring that every diamond meets exceptional standards of beauty, rarity and is responsibly sourced, is pleased to introduce Capricci, The Nose Pin Collection.
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WDM supports WDM
2015-10-18
Recently, the WDM signed a MoU with the Museum of Named Diamonds, a blessed initiative that meshes completely with the WDMs endeavor to put the diamond back on the pedestal it deserves in the consumers understanding and thinking.
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Diamond Corp would sale if parcel is of 10 K Carats!
2105-10-18
The Company has reviewed its diamond sales strategy in light of the slower than planned development rate at the Lace mine as has been reported previously. Diamond parcels of less than 10,000 carats tend to attract weaker prices than larger volumes and management has decided to wait until more diamonds have been accumulated before commencing sales.
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Pillar mining at the Aikhal underground mine
2015-10-18
Alrosa started the implementation of pillar mining with goaf stowing at the Aikhal underground mine using more efficient drill and fire system instead of traditional bench mining where tunneling machines are used.
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New President at US Jewelry Council
2015-10-18
Ronnie Vander Linden, the incumbent President of the Diamond Manufacturers & Importers Association of America (DMIA), was elected President of the newly-formed United States Jewelry Council (USJC)...
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Diarough, Jewelex and Kiran Gems at PDE
2015-10-15
Three of the worlds largest diamond companies have inaugurated their Latin American offices in the Panama Diamond Exchange building at the World Jewelry Hub. The companies, all which are De Beers sightholders, are Diarough, Jewelex and Kiran Gems.
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silver coin sales all-time high in the Q3
2015-10-15
Retail investors in recent months have seized the opportunity to significantly increase their holdings of silver bullion coins and, to a lesser extent, bars. Due to strong demand, the U.S. Mint, the Royal Canadian Mint, Australias Perth Mint, the Austrian Mint and the British Royal Mint have put their silver bullion coins on allocation, where the volume of distribution of coins is controlled due to bottlenecks in the manufacturing process.
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Tango Mining fails to pay Firestone Diamonds
2015-10-15
Firestone Diamonds quoted diamond Development Company, has agreed, via an amendment letter, to amend certain conditions of the conditional sale agreement, entered into by the Company, in respect of the disposal of the Companys Botswana operations to Tango Mining Limited, for a total consideration of US$8.0 million, as announced on 9 July 2015.
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REMP across industry critical for jewellery!
2015-10-15
Responsible environmental management policies (REMP) across industry critical to sustainable demand for jewellery! It is now six months since many of us met at the CIBJO Congress in Salvador, Brazil, and we have continued to build our climate change initiative which is progressing as planned.
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Kashi Jewellers honoured at Hong Kong
2015-10-14
For the fourth year in a row, Kashi Jewellers has been honoured with Oscars of Jewellery Industry, JNA Award, Hong Kong. We are the only Jewellers from India to have been honoured with the prestigious JNA Awards 2015.
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CIBJO President Guest of honour at Expo Joya
2015-10-14
CIBJO President Gaetano Cavalieri has drawn attention to the growing prominence of Latin America in the international jewellery business, and in particular to the role that is being played by Mexico, the regions most valuable luxury product market.
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Amrita Rao-the new brand ambassador of JJS
2015-10-13
The prestigious Jaipur Jewellery Show (JJS) now has a new brand ambassador –the Filmfare Best Female Debut Award winner 2003 and heroine of blockbuster Rajshree Production - Vivah (2006) upcoming actress- Amrita Rao.
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Sarine Releases System for Smaller Stones
2015-10-13
Singapore Exchange Main board-listed Sarine Technologies Ltd (Sarine), ...announced the official release of its new Meteor system for inclusion mapping of smaller stones, following a successful beta phase.
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Online luxury spending in China grew by 28Pc over the 2014
2015-10-13
Online and mobile commerce for luxury brands in China has risen at an exponential pace, while Smartphone penetration continues to grow rapidly, according to a recent survey of 10,150 consumers in China.
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Indo-US trade tie up advantage gem-n-jewellery India!
2015-10-13
The bilateral trade between India and US has the potential to grow to 500 billion USD by 2025 through concerned efforts from all stakeholders - government leaders and investors, corporates, businesses and entrepreneurs.
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Consumer demand to pick up from mid-October: IBJA
2015-10-11
In August India imported 113.6 tonnes of gold compared to 66.9 tonnes for the corresponding month last year. In aggregate, imports in the first eight months of this year stand at 610.0 tonnes compared to 426.4 tonnes for the same period in 2014.
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authorities to act against mixing!
2015-10-11
In IDMA weekly expression Ronnie Vander Linden recently said each center needed authorities to act against shameful criminal conduct of mixing synthetic diamonds.
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A hundred Israeli firms at IDW!
2015-02-11
No less than a hundred Israeli diamond firms will be joining up with their colleagues of the Diamond Dealers Club of New York (DDCNY) to exhibit an unparalleled collection of polished diamonds during the fourth edition
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Gahcho Kue mine project 70pc complete!
2015-10-10
Mountain Province Diamonds development of the Gahcho Kue diamond mine is progressing according to plan and budget with the overall project more than 70 percent complete. The safety performance at Gahcho Kue remains good with no lost-time injuries over the past 18 months.
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Yuan now top four currencies in globe
2015-10-10
According to IBT, the Yuan has now surpassed the Japanese yen to become the fourth most used currency after the U.S. dollar, euro and British pound, the global transaction services organization SWIFT. The move represents a step forward in Beijing’s aim to make the Yuan a dominant global currency.
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Nazraana presents Time to Shine workshops
2015-10-10
In its continuing efforts to change the face of Indian jewellery retail through its flagship Indian brand initiative, Nazraana, Rio Tinto is conducting a series of retail training workshops in selected Indian cities.
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Most likely to see Praveenbhai & Russell in CoA of GJEPC!
2015-10-10
Right with the September 30, the last date of withdrawal of nomination the scenario gets cleared. This would be a formal announcement by the GJEPC officials about the New CoA (Committee of Administration). De facto according to the nomination list post withdrawal date, Russell Mehta is to be announced as Vice Chairman GJEPC unanimously.
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Ou Yang receives Lifetime Award
2015-10-08
JNA Awards, one of the world’s most prestigious awards in the gemstone and jewellery sector, tonight celebrated and honoured enterprises and individuals whose ambitions have helped elevate the industry and inspired others to do the same.
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Silver Standard signs with Golden Arrow
2015-10-08
Silver Standard Resources says it has entered into an agreement with Golden Arrow Resources under which Silver Standard will explore, evaluate and seek to develop the Chinchillas project in Argentina.
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Liqhobong Mine completed around 50 percent!
2015-10-08
Firestone Diamonds announced an update for the Liqhobong Diamond Mine& said, Project construction 49 percent complete, as at end of September 2015, versus 50% target under the revised timetable, announced in June 2015, and on track for initial production in Q4 2016.
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Mahesh Khemlani-the next presidentof the PDE
2015-10-08
The Board of Directors of the Panama Diamond Exchange has elected Mahesh C. Khemlani as the next PDE President. Khemlani has an extensive background in business and government, including a term as Vice Minister of Finance of the Republic of Panama.
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Gold coins with Ashok Chakra at the festive season!
2015-10-08
It is most likely that the Union government may announce launch of Gold coins with Ashok Chakra just before the festive seasons beginning! According to Bullion Street, The government proposes to issue gold coins with Ashok Chakra symbol.
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Maya completed a 17-hole drill
2015-10-06
Maya Gold & Silver announced additional results from the 2015 diamond drill program at its Zgounder Silver Mine in Morocco. Overall, the drill program has successfully extended high-grade silver mineralization to the east and to depth for both the parallel Main and North Zones.
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CAR shipments involved to lost to trade in Antwerp
2015-10-06
According to AWDC, Despite the fact an Amnesty International team visited the Antwerp World Diamond Centre, including the Antwerp Diamond Office which supervises all imports and exports of diamonds to and from Antwerp, and was able to witness how the strict controls on imports of rough are conducted in Antwerp.
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First time Rio Tinto auction in India
2015-10-06
According to Rio Tinto Diamonds, direct Argyle of Australia and Diavik of Canada mines rough diamond would be viewings India by Rio Tinto Diamonds at the end of November 2015.
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India deals Natural Diamonds only!
2015-10-06
Bharat Diamond Bourse has declared that no person-organisation shall promote or trade or be permitted to promote or trade or carry synthetic diamonds-Lab grown diamonds or man-made diamonds within the premises of Bharat Diamond Bourse and hence only Natural Diamonds will be traded in the premises of Bharat Diamond Bourse.
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Emerald-Cut Engagement Ring Harry Winston
2015-10-05
An emerald-cut diamond center stone, given prominence by two tapered baguette side stones in a delicate platinum setting. The Classic Winston setting embodies Harry Winston’s timeless elegance and signature style.
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CNGGG becomes a member of the WGC
2015-10-05
The World Gold Council and China National Gold Group Corporation (China Gold) have announced that China Gold has now become a member of the World Gold Council and joined the Board. China Gold is currently the only Chinese gold mining company member of the World Gold Council.
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GJF Seminar with IT department
2015-10-05
On October 01, the GJF (All India Gems & Jewellery Trade Federation) organised a Seminar with the IT department for the smooth running if the business with IT obligations. The joint event led by Ashok Minawala & Joint commissioner of IT Dept is reported by Nayan Jani.
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New age Digital Learning at GJSCI
2015-10-03
The Gem & Jewellery Skill Council of India (GJSCI), under the aegis of National Skill Development Corporation (NSDC) launched the new digital learning platform in Delhi, to skill and up-skill 1 lakh Jewellery Retail Sales Associates across India by end of 2016.
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No More Rate Cuts in FY16
2015-10-03
RBI to Focus on Transmission-says analysts Sunil Kumar Sinha & Apurva Yadav of IndRating and analyse the scenario further, no more rate cuts in FY 2016!
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RJC releases 2015 Annual Progress report
2015-10-03
In 2014, the RJC (Responsible Jewellery Council) was focused on further entrenching its 2013 Code of Practices (COP) into the certification process of our Members. This second incarnation of the COP added two important pillars – Provenance Claims and Human Rights provisions. Both of these provisions have been well received by RJCs global membership.
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China Bank at World Jewelry Hub!
2015-10-03
Jun Han,Vice President of China Development Bank met WJH (World Jewelry Hub) Chairman Eli Izhakoff at the World Jewelry Hub during his recent visit to Panama City.
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Improvements needed in Indian hallmarking
2015-09-30
Developing Indian Hallmarking – A roadmap for future growth, released today by the World Gold Council, finds that improvements to the hallmarking system in India are essential to a successful gold monetisation scheme.
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RBI Cuts repo rate by 50 basis points!
2015-09-30
On September 29, Dr. Raghuram G. Rajan, Governor announced Monetary and Liquidity Measures as a part of Monetary Policy as a Monetary Policy Statement, 2015-16. Looking at Liquidity conditions the RBI says,Liquidity conditions eased considerably during August to mid-September. In addition to structural factors such as deposit mobilisation in excess of credit flow, lower currency demand and pick-up in spending by the government contributed to the surplus liquidity.
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Jewellers pushed to go digital way in India!
2015-09-30
Now Digital India is at-latch get ready! Right with the visiting the Silicon Valley, Prime Minister-India opened up the boulevard for digital India! He pushed for investments in the country during a meeting with 47 CEOs of Fortune 500 companies by saying that the FDI in India has grew by 40% while global FDI tumbled globally!
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Heritage in Bloom necklace from the Cullinan Heritage
2015-09-29
A Heritage in Bloom – one of the most significant diamond masterpieces created by world-renowned jewellery artist Wallace Chan, the piece is centred upon 24 D-colour internally flawless (DIF) diamonds cut from the Cullinan Heritage, an exceptionally rare 507.55 carat Type IIA rough diamond.
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Forevermark Diamonds sparks
2015-09-29
Forevermark, the diamond brand that comes with the promise of beautiful, rare and responsibly sourced diamonds from the De Beers Group of Companies, lit up the red carpet at the 67th Annual Emmy Awards on Gina Rodriguez, Sophie Turner, Laura Prepon and Giuliana Rancic.
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Rock with big size rough tenders and sales at IDE
2015-10-29
The Israel Diamond Exchange (IDE) will be hosting multiple rough diamond tenders and sales events during the month of October, in the Ramat Gan diamond trading complex. In addition to rough diamond tenders and auctions held by Rio Tinto, De Beers Auction Sales and Tzoffeys 1818, a Blue-White Diamond Dealing Day will be held in the IDE trading hall, with dozens of traders offering rough diamonds for inspection and immediate sale, right along many dozens more IDE members offering impressive stocks of polished goods.
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GSI successfully concludes first batch
2015-09-29
Gemological Science International, (GSI), one of the leading gemological labs in the world, announced that it has successfully concluded its first batch of Diamond Grading Fundamentals course on the 12th September 2015 at its Mumbai campus. The students were more confident on grading the 4Cs of a diamond after attending the course. The students were awarded the Diamond Grading Fundamentals Certificate.
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Diamond Industry favours peace!
2015-09-29
Diamond industry & trade wish to stay away from the ongoing Patidar Anamat Andolan to carry commerce uninterrupted said exclusively Dinesh Navadiya to Nayan Jani.
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4th DJGF to open from 26th September
2015-09-25
India contributes to 12 percent of world retail sales of diamond jewellery, that is almost US 8.5 billion (Rs 46750 crores) of which north India is said to be contributes almost 25pc, I.e. (Rs 11,700 crores). North India consumes and produces all types of jewellery right from colored gemstone jewellery, silver jewellery, Kundan meena jewellery and diamond jewellery.
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Preciosa SS2016 creates inspirations
2015-09-25
The end of summer brought the culmination of a whirlwind of international fashion events and activities. With fresh inspirations from around the world and on the heels of (and complementing) its jewellery and fashion accessories colour forecasting tool for SS2016, this Czech crystal and glass king has prepared its latest divine collection of new shapes, colours and transformations of popular classics just in time for next spring and summer-fashion designs.
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Anne-Marie Fleury Director with RJC
The Responsible Jewellery Council (RJC), the global standards setting and certification organisation for the jewellery supply chain, is announced the appointment of Anne-Marie Fleury as Standards and Impacts Director. Anne-Marie joins recent addition Bethan Herbert, Certification and Impacts Manager, as well as established colleague Maria Mursell, Training and Assurance Manager - rounding out this key work stream.
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The AGM date for MDMA to announce today!
2015-09-25
As of today, on the Friday, September 25, Bharat Shah has called the board meeting to approve & accept the Accounts of the year & to finalise the date of the AGM rest points of the agenda is routine
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The dream catcher Crafted by Orra!
2015-09-21
Awarded the Best Platinum Jewellery of the Year at Retail Jeweller Awards 2015! At the recently concluded Retail Jeweller Awards 2015, ORRA a leading jeweler received the Best Platinum Jewellery of the Year award. Adding yet another feather to its cap for skilled craftsmanship in Platinum Jewellery.
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Luxury Era in Asia
2015-09-21
While China has been the source of the global luxury industry most important customer bloc for years, the Asia-Pacific region is officially the global center for high-net-worth individuals (HNWIs) this year. According to Capgemini newly published Asia-Pacific Wealth Report 2015, Asia now boasts the highest number of HNWIs in the world after it surpassed North America this year.
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KP Plenary Meeting Dates Announced
2015-09-21
The Kimberley Process (KP) Chair has announced that the annual plenary meeting will be held November 16 - 20, 2015, in Luanda, Angola. (Other meeting logistics are pending).
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the Sensational Blue Moon Diamond at Auction
2015-09-19
Over 12 Carats, the Blue Moon Is the Largest Cushion-Shaped Fancy Vivid Blue Diamond Ever To Appear at Auction! Sotheby’s is delighted to present the extraordinary Blue Moon Diamond, among the largest known fancy vivid blue diamonds, which will be the centerpiece of the auction of Magnificent Jewels and Noble Jewels in Geneva on 11 November 2015.
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SA promoted diamond industry in China
2015-09-19
Mineral Resources Minister Ngoako Ramathlodi is in China promoting the country’s diamond industry to ensure that South Africa remains an attractive investment destination of choice.“In addition, the country will be showcasing, through the national pavilion launched in 2013, jewellery and gem products by 20 South African entrepreneurs,” the Department of Mineral Resources said.
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CAR faces yet a ban!
2015-09-19
Participants and Observers of the Kimberley Process (KP) meeting at Intercessional in Luanda, Angola in June 2015, considered preliminary findings of the May 2015 Review Mission to the Central African Republic (CAR),observations by the United Nations (U.N.) Panel of Experts established pursuant to U.N. Security Council Resolution 2196 (2015), CAR authorities’ report on progress on the implementation of their action plan, and observations of relevant stakeholders.
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Flush away who carries commerce without morality!
2015-09-18
De facto it is being understood in the past that synthetic diamonds are not a threat yet it is the gateway to open-up a new avenues & a boulevard in style-n-fashion sector! The real point & challenge is to talk & implement transparency in the industry, challenge is to talk & implement the best business practice (BPP) with morality! Before I ink little more in the row of synthetics, BPP & morality I would focus upon the Govindbhai Kakadia, Sheetal Diamonds.
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Synthetic melee screening and testing service in India
2015-09-18
The De Beers Group of Companies announced that its International Institute of Diamond Grading & Research (IIDGR) will launch a new low cost, high volume synthetic melee screening and referrals testing service in India in October 2015.
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Gemfields acquired two emerald projects
2015-09-18
Gemfields plc, the world’s largest producer of coloured gemstones, is announced that it has entered into binding agreements to acquire controlling interests in two emerald projects with operations and prospects located predominantly in the Boyacá state in Colombia.
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GIA Launches Japanese Website
2015-09-18
Japanese speakers now have access to GIA’s extensive and trusted online content about gems and jewelry at GIA.edu in their native language. The debut of GIA’s website in Japanese is part of the Institute’s continued efforts to educate consumers, gem enthusiasts, researchers, retailers, students and lab clients in Japan about the wondrous world of gems.
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Anglo American Platinum sale for R4.5 bn
2015-09-15
Anglo American Platinum announces that Rustenburg Platinum Mines Limited, has entered into a Sale and Purchase Agreement in the September with Sibanye Gold Limited to sell its Rustenburg mining and concentrating operations for at least R4.5 billion (nominal terms), consisting of an upfront payment in cash or Sibanye shares of R1.5 billon...
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Emerging markets can retain growth
2015-09-15
Ians said, Diplomats and business executives from BRICS countries, Brazil, Russia, India, China and South Africa agreed that the emerging markets can retain growth momentum by developing their economies and expanding trade ties.
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Gold hits one month low!
2015-09-15
Gold fell to a one-month low heading for a third successive weekly loss as uncertainty over the timing of the US Federal Reserve’s first interest rate increase in nearly a decade weighed on appetite for the metal.
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357carat diamond achieved US$ 19.3 mn
2015-09-15
Gem Diamonds Limited announced the sale of an exceptional 357 carat white diamond, which was recovered at the Letšeng mine in July 2015, has achieved US$ 19.3 million on tender in Antwerp last week.
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Tiffany over Costco Trademark Litigation
2015-09-11
On September 8, 2015 the U.S. District Court for the Southern District of New York granted Tiffany & Co motion for summary judgment in its entirety in Tiffany suit against Costco Wholesale Corporation.
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Rupees One trillion Shortfalls
2015-09-11
Indian banks may need up to Rs 01trn over and above their Basel-III capital requirements to manage the concentration risks arising out of their exposure to highly levered, large stressed corporates, believes India Ratings and Research (Ind-Ra).
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Arun Mehta inaugurated medical centre
2015-09-10
Arunbhai Mehta inaugurated the BDB (Bharat Diamond Bourse) Emergency Medical Centre on Wednesday, September 09, 2015 with the guest of honor Dr Ramakanta Panda&in the presence of Anoop Mehta, President-BDB, Praveen Shankar Pandya, Chairman-GJNRF( Gem & Jewellery National Relief Foundation), Ketan Parikh, Managing Trustee-GJNRF, Ramnikbhai Shah, Jitendra Bhansali, Sanjay Kothari, Bakul Mehta& amid MDMA members at BDB.
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PDE visiting Dominican Republic
2015-09-07
The island nation of the Dominican Republic is set to host the Panama Diamond Exchange at the first Caribbean roadshow, which will visit its capital city, Santa Domingo, from September 7 to 9. The sixth PDE roadshow will be the first to a key economy in the Caribbean Basin, which is an area that not only is home to an increasingly important domestic market, but also is a region that brings in millions of tourists each year by air and by sea.
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Digital Advertisement reached at Rs 2,750Cr
2015-09-07
The number of Internet users in India reached 302 million by December 2014, registering a Y-o-Y growth of 32% over FY 2013. The Internet in India took more than a decade to move from 10 million to 100 million and 3 years from 100 to 200 million. However, it took only a year to move from 200 to 300 million users.
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Ministry of mining in India to learn!
2015-09-07
At the time of Releasing the Report on Indian Colour Gemstone IndustryDev Shetty – COO of Gemfields said, “We wish to grow the segment in India, to grow to understand the segment is necessary.” De facto, along with market foray the Gemfields is also gazing mining in India. Before eyeing on mining avenue in India, they have set the company as a frontier where mining, marketing, exploration and ethics meet.
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On 09, BDB medical centre to be opened
2015-09-07
The emergency medical centre, the initiatives of the BDB & the GJNRF would be opened-up from the September 09, 2015. The opening ceremony would be held at S.G. Jhaveri Trading Hall & formal opening would be announced by Arunbhai Mehta with the Guest of honour Dr Ramakanta Panda in the presence of diamantaires & invitees.
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KGK Diamonds opens a factory in Botswana
2015-09-04
KGK Group this week opened a cutting and polishing factory in Gaborone, Botswana. The new factory is 1000 sq meter facility, which incorporates the latest diamond cutting technologies and has a staff complement of 55 Batswana and 35 expatriates. KGK Group plans to cut and polish diamonds worth an average $1.5 million every year.
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Fiera di Vicenza and WDM sign MoU
2014-09-04
The Fiera di Vicenza, European leading jewellery trade fair organizer, and the World Diamond Mark Foundation(WDM), a non-for-profit organisation established in 2012 by the World Federation of Diamond Bourses (WFDB), secured collaboration in the realm of diamond and diamond jewellery promotion and marketing. TheMemorandum of Understanding (MoU) was signed during the international press conference of Vicenzaoro, the international trade show organized by Fiera di Vicenza.
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EEF inks MoU of 1.2 Trillion Rubles
2015-09-04
The President of the Russian Federation Vladimir Putin has officially opened Eastern Economic Forum (EEF) held at the Far Eastern Federal University (FEFU) campus. The EEF ran during the September 3 – 5, the Forum attended by more than a thousand guests and participants from 24 countries of the world with the largest delegations arriving from China, Japan, Korea, Singapore and Malaysia.
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EEF focuses diamond business drivers
2015-09-04
World federation of diamond bourses (WFDB) president Ernie Blom was among leading diamond and jewelry industry leaders taking part in an industry-specific session of the Eastern Economic Forum (EEF) discussing New Development Drivers of Global Diamond Business in Asia Pacific.
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Most Brilliant quality label continues to grow
2015-09-03
In its newsletter to the Antwerp Diamond Bourse members, the Board of Directors of the Antwerp Diamond Bourse has announced that during the Board Meeting of August 27 2015, article 23 of the Statutes was invoked, resulting in the termination of the mandate of Presidency of Marcel Pruwer. In the message, the Board thanks Pruwer for his dedicated work as President.
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PDE president ends term on October 30
Erez Akerman, president of the Panama Diamond Exchange, will end his term at the head of Latin America only WFDB-recognized diamond bourse on October 30. He immediately afterwards will assume the position of managing director of the World Jewelry Hub, and at the same time will be devoted to managing his own company at PDE, Akerman Diamonds.
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Prabhu and Nagarjuna inaugurate showrooms
2015-09-03
Scores of delighted Chennaiites made their way to witness the launch of Kalyan Jewellers’ second and third showrooms in the city. Kalyan Jewellers brand ambassadors and much-loved stars Prabhu Ganesan and Nagarjuna inaugurated the new showrooms in Adyar and Chrompet, giving Chennai two dazzling new reasons to go jewellery shopping.
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104 carat Forevermark diamond unveiled
2015-09-03
The spectacular 104-carat diamond was expertly cut and polished by master craftsmen at Chow Tai Fook, with the meticulous process taking three years to complete. It is a ‘D’ colour, internally flawless (DIF), round brilliant cut diamond with the highest possible cut grade of 3-Excellent.
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Plan to save jobs in mining
2015-09-03
Minister of Mineral Resources Ngoako Ramatlhodi has announced interventions aimed at saving jobs in the mining sector. Leaders in the mining industry issued a joint declaration demonstrating their commitment to save jobs and reduce the impact of job losses.
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Market to pick up by year-end 2015
2015-09-03
The Company notes a steady increase in demand for diamond jewelry in the USA. Less active diamond jewelry market in Asia is a result of deterioration of the macroeconomic situation in the region. Alrosa’s forecast for rough diamond demand is a conservative one, though the market is expected to pick up by year-end 2015.
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Diamond industry at EEF
2015-09-03
A day before the Eastern Economic Forum (EEF) opens in Vladivostok, a choice of movers and shakers in the diamond industry are meeting in the most eastern harbor city of the Russian Federation. For one day, they will be discussing diamond marketing and promotion, assess the threat of the synthetic diamond industry and contemplate financing and investment opportunities in the diamond industry.
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TBZ grew over 400 percent
2015-09-02
Tribhovandas Bhimji Zaveri Limited (TBZ), Indian renowned and trusted jewellery retailer with a legacy of over 150 years, reported its unaudited and reviewed results and financial performance for the first quarter of financial year ending 31st March, 2016.
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IDWI kicks off with than 20 countries
2015-09-02
The Summer Edition of the International Diamond Week in Israel (IDWI) kicked off on Sunday, August 30, with some 400 buyers attending.
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The first carbon-neutral event
2015-09-01
With the submission of a report that carefully details the carbon footprint of this year CIBJO Congress...
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IIJ now at the GICED
2015-09-01
In the month of June Indian Institute of Jewellery (IIJ) signed a MoU with University of Mumbai’s Garware Institute of Career Education and Development to offer all its courses in Lifestyle accessories, Product and Jewellery design at its campus.
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ALROSA announces SER for 2014
2015-09-01
The Social and Environmental Report (SER) was prepared in accordance with the “core” level of the new GRI G4 Sustainability Reporting Guidelines.
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ALROSA reports IFRS results-H1
2015-09-01
H1 2015 ALROSA revenue increased by 26% y-o-y and amounted to RUB 131.9 bn. EBITDA grew by 49% y-o-y and reached RUB 70.5 bn with EBITDA margin going up to 53%.
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Antwerp important rough diamond hub
2015-09-01
Antwerp is still the most important rough diamond trade hub in the world. This is according to the 2014 annual figures from the Kimberley Process Certification Scheme, which monitors and maps out diamond production and distribution worldwide.
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KP Plenary Meeting Dates Announced
2015-09-01
The Kimberley Process (KP) Chair has announced that the annual Plenary meeting will be held November 16 - 20, 2015, in Luanda, Angola. (Other meeting logistics are pending).
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Gold demand falls in Q2 2015
2015-09-01
The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% compared to the same period last year, due mainly to a decline in demand from consumers in India and China.
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India wins 8 Medallion for Excellence
2015-09-01
This year India has more than doubled its count of medals from our last participation in WorldSkills International 2013, which were held in Germany where India had won 3 Medallion for Excellence.
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