DiamondCorp decided to terminate the formal process of selling its project Lace (Lace) in South Africa, and will continue to explore alternative means to enhance shareholder value in the normal course of business.
The company has entered into negotiations with a number of third parties and has received some tentative proposals for the purchase of assets.
However, in DiamondCorp said that the proposals received from the third parties, carried opportunist character and significantly undervalues the company.
DiamondCorp previously received a loan of £ 700,000 from the company Rasmala, a leading investment manager, who is also a shareholder of the company.
Funds received as part of credit will be used for the implementation of urgent financial obligations and to continue the diamond trade in the foreseeable future.
The company noted that the Lace mine, regardless of possible delays during its start-up still contains diamond resources in the order of 9.39 million carats at a market value of more than $ 1.5 billion.
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Friday, June 16, 2017
President of the Israel Diamond Exchange (Israel Diamond Exchange, IDE) Yoram u'Dvash (Yoram Dvash) met with Anupam Agarwal (Anup Agarwal), President of the Japan auction house (Japan Auction House, JAH), to mark the opening of its branch in the IDE building, according to a press Exchange fixing release.
JAH, which is a subsidiary of Rich Diamonds, buying second-hand diamonds in Japan for sale at auction, currently held in Japan and Hong Kong.
IDE President said during the reception in honor of Agarwal that he was happy to welcome JAH building in the Israel Diamond Exchange. "I think it's the perfect place for conducting auctions We look forward to working with you and hope to see you every month you will see that the Israeli diamantaires -.. Very good customers for your auctions," - he said.
Agarwal said: "The idea of opening JAH offices in Israel to build a foundation for business cooperation in the long term, we will bring innovation to Israel from Japan Prices, of course, there is lower We are confident that it will be a win-win situation for all of us...."
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Initiatives taken by the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) of India to identify undisclosed synthetic diamonds in lots of natural stones, have been highly appreciated by more than 200 members of the US summit Jewelery Council (US Jewelry Council, USJC ). The summit was held on November 1 reported gjepc.org portal.
In his speech, Sabyasachi Ray (Sabyasachi Ray), executive director of the GJEPC, spoke about the measures that have been taken by the Committee for monitoring of natural diamonds (Natural Diamond Monitoring Committee, NDMC) and other trade organizations in India a few years ago. Ray recalled regular awareness-raising campaigns conducted by GJEPC among diamond manufacturers, and among retail jewelers, and also talked about the statements to be made by members of trade organizations, in order to separate these two types of products, and on cooperation with the government in the direction of creating a separate product codes for natural and synthetic diamonds. He said the need to create research centers to detect synthetics in Mumbai and Surat. Moreover, Ray stopped and the newly developed inexpensive device for the rapid verification artificial diamond creates CVD method.
GJEPC The presentation was also focused on the fact that all parties involved in the diamond industry must ensure the compatibility of policies, actions and resources to support the creation of low-cost devices to verify diamonds.
Ray finished his speech calling on all industry participants to stop the practice of mixing undisclosed synthetic diamonds with natural stones, and increase consumer confidence in natural diamonds.
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In his speech, Sabyasachi Ray (Sabyasachi Ray), executive director of the GJEPC, spoke about the measures that have been taken by the Committee for monitoring of natural diamonds (Natural Diamond Monitoring Committee, NDMC) and other trade organizations in India a few years ago. Ray recalled regular awareness-raising campaigns conducted by GJEPC among diamond manufacturers, and among retail jewelers, and also talked about the statements to be made by members of trade organizations, in order to separate these two types of products, and on cooperation with the government in the direction of creating a separate product codes for natural and synthetic diamonds. He said the need to create research centers to detect synthetics in Mumbai and Surat. Moreover, Ray stopped and the newly developed inexpensive device for the rapid verification artificial diamond creates CVD method.
GJEPC The presentation was also focused on the fact that all parties involved in the diamond industry must ensure the compatibility of policies, actions and resources to support the creation of low-cost devices to verify diamonds.
Ray finished his speech calling on all industry participants to stop the practice of mixing undisclosed synthetic diamonds with natural stones, and increase consumer confidence in natural diamonds.
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Trans Hex, which owns operations in diamond mining in South Africa and Angola, reported a net profit of 32.5 million rand ($ 2.4 million) for the six months to September 30, 2016 compared with a loss of 32.5 million rand in the same period a year earlier.
The company said that sales revenue from its South African business increased by 2.5% - to 268.7 million rand ($ 19.9 million) to 275.3 million rand ($ 20.4 million).
The average price of diamonds rose by 10.4% due to the increase in world prices and demand.
In addition, a positive impact on the sales volume had a depreciation of the rand against the US dollar by 15.4%. However, in terms of carats, the company sold 19.6% fewer diamonds.
Trans Hex Mining in South Africa fell by 20.6% to 18,997 carats against 23,940 carats a year earlier. It is, however, consistent with the new operating model of the company, which included the inclusion of plants in the lower reaches of the Orange River (Lower Orange River) in February 2016 to increase them to the maximum possible term of life cycle.
The Trans Hex also noted that the 2017 financial year, production will be about 80 000 carats against 24,930 carats a year earlier.
In Angola, production at the mine Somiluana (Somiluana), in which Trans Hex holds a 33% stake, increased to 91,033 carats against 67,981 carats last year.
The company's sales in Angola amounted to $ 32.5 million at an average price of $ 477 per carat compared with $ 20.2 million at an average price of $ 300 per carat in 2015.
Also said earlier that the Competition Commission of South Africa unreservedly endorsed the proposal for the purchase of all shares of common stock of the company made by the TransHex Cream Magenta and Metcap, except for that portion which is already owned by these buyers.
The consortium offered Faced with the difficulties of the diamond company JUNIOR 3.94 rand a share, or 117 million rand (about $ 8 million) for all shares.
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The company said that sales revenue from its South African business increased by 2.5% - to 268.7 million rand ($ 19.9 million) to 275.3 million rand ($ 20.4 million).
The average price of diamonds rose by 10.4% due to the increase in world prices and demand.
In addition, a positive impact on the sales volume had a depreciation of the rand against the US dollar by 15.4%. However, in terms of carats, the company sold 19.6% fewer diamonds.
Trans Hex Mining in South Africa fell by 20.6% to 18,997 carats against 23,940 carats a year earlier. It is, however, consistent with the new operating model of the company, which included the inclusion of plants in the lower reaches of the Orange River (Lower Orange River) in February 2016 to increase them to the maximum possible term of life cycle.
The Trans Hex also noted that the 2017 financial year, production will be about 80 000 carats against 24,930 carats a year earlier.
In Angola, production at the mine Somiluana (Somiluana), in which Trans Hex holds a 33% stake, increased to 91,033 carats against 67,981 carats last year.
The company's sales in Angola amounted to $ 32.5 million at an average price of $ 477 per carat compared with $ 20.2 million at an average price of $ 300 per carat in 2015.
Also said earlier that the Competition Commission of South Africa unreservedly endorsed the proposal for the purchase of all shares of common stock of the company made by the TransHex Cream Magenta and Metcap, except for that portion which is already owned by these buyers.
The consortium offered Faced with the difficulties of the diamond company JUNIOR 3.94 rand a share, or 117 million rand (about $ 8 million) for all shares.
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The Israeli diamond industry is hoping for positive results of the exhibition of the Hong Kong Jewelry Manufacturers Association (Jewellery Manufacturers Association of Hong Kong, HKJMA), which will take place 24 - 27 November in Hong Kong, says the IDI.
This year, the Israeli Diamond Pavilion, organized by the group of companies "Israel Diamond Institute" (Israel Diamond Institute Group of Companies , IDI), will be represented by 27 companies, 6 of them are involved in the show for the first time.
IDI Chairman Shmuel Schnitzer (Shmuel Schnitzer) said that he has a cautious optimism about the show. "We have seen a revival in the last show in Hong Kong in September, I believe that Asian markets are restored, and that the trend is positive In addition, the time before the holiday season are suitable, so we hope for a good outcome of the show.." - he said, .
IDI will once again be a sponsor of the 28th anniversary dinner HKJMA November 24, which draws local celebrities and HKJMA members and exhibitors. IDI Managing Director Eli Avidar (Eli Avidar) also expressed a positive outlook on the show. "Asia is a strategic market for us, and although it has been some slowing, there are signs of a gradual recovery," - he said.
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This year, the Israeli Diamond Pavilion, organized by the group of companies "Israel Diamond Institute" (Israel Diamond Institute Group of Companies , IDI), will be represented by 27 companies, 6 of them are involved in the show for the first time.
IDI Chairman Shmuel Schnitzer (Shmuel Schnitzer) said that he has a cautious optimism about the show. "We have seen a revival in the last show in Hong Kong in September, I believe that Asian markets are restored, and that the trend is positive In addition, the time before the holiday season are suitable, so we hope for a good outcome of the show.." - he said, .
IDI will once again be a sponsor of the 28th anniversary dinner HKJMA November 24, which draws local celebrities and HKJMA members and exhibitors. IDI Managing Director Eli Avidar (Eli Avidar) also expressed a positive outlook on the show. "Asia is a strategic market for us, and although it has been some slowing, there are signs of a gradual recovery," - he said.
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The company Stellar Diamonds has entered into joint venture agreements with Citigate Commodities Trading in Dubai for kimberlite project Baul (Baoulé) in Guinea, as well as two licensed projects at an early stage of development and exploration in western Liberia.
The company currently owns a 75 percent stake in the project Baule, and it is wholly owned by the project in Liberia.
Executive Director of Stellar Karl Smithson (Karl Smithson) said that he would manage the programs at least at the first stage of the work, which was scheduled for the end of November.
"It is important to note that these joint ventures will allow Stellar management team to focus on the proposed transaction on the project Tongo Tonguma (Tongo-Tonguma) in Sierra Leone, which, in our opinion, has considerable potential", - said Smithson.
"Joint project Tongo Tonguma demonstrated robust economic performance in the preliminary economic assessment is expected that the current valuation of the mine life cycle proceeds from the project will be about $ 1.5 billion.", - he concluded.
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The company currently owns a 75 percent stake in the project Baule, and it is wholly owned by the project in Liberia.
Executive Director of Stellar Karl Smithson (Karl Smithson) said that he would manage the programs at least at the first stage of the work, which was scheduled for the end of November.
"It is important to note that these joint ventures will allow Stellar management team to focus on the proposed transaction on the project Tongo Tonguma (Tongo-Tonguma) in Sierra Leone, which, in our opinion, has considerable potential", - said Smithson.
"Joint project Tongo Tonguma demonstrated robust economic performance in the preliminary economic assessment is expected that the current valuation of the mine life cycle proceeds from the project will be about $ 1.5 billion.", - he concluded.
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Titan Co Ltd., a subsidiary of the Tata Group, which produces watches and jewelry, reported an increase in profit by 23.5% to $ 27.1 million in the second quarter of the current fiscal year compared to the same period last year. The growth was driven by an increase in margins, lower costs and sales during the holiday season. Titan's revenue slightly decreased, by 0.1%, to $ 399.8 million.
"It was a very good quarter for the company in respect of the profits. All the enterprises of the company registered revenue growth in the reporting quarter. The jewelry business showed activation of jewelry sales with precious stones, and hour division began selling their second smart watch JUXT Pro ", - said Bhaskar Bhat (Bhaskar Bhat), Managing Director of Titan.
In early October, Titan warned that sales of jewelry with precious stones exceeded expectations in the quarter ended in September, but volatile gold prices and low consumer confidence had a negative impact on sales of gold jewelry. This perhaps explains why the income from the jewelry segment of companies operating under the brand Tanishq, grew by only 0.24% in the third quarter year on year to $ 298.75 million. Revenue from this segment, as a rule, is the major share of the total sales.
"During the holiday period from Dussehra to Diwali Tanishq has registered an increase of 39% compared to last year", - concluded Bhat.
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"It was a very good quarter for the company in respect of the profits. All the enterprises of the company registered revenue growth in the reporting quarter. The jewelry business showed activation of jewelry sales with precious stones, and hour division began selling their second smart watch JUXT Pro ", - said Bhaskar Bhat (Bhaskar Bhat), Managing Director of Titan.
In early October, Titan warned that sales of jewelry with precious stones exceeded expectations in the quarter ended in September, but volatile gold prices and low consumer confidence had a negative impact on sales of gold jewelry. This perhaps explains why the income from the jewelry segment of companies operating under the brand Tanishq, grew by only 0.24% in the third quarter year on year to $ 298.75 million. Revenue from this segment, as a rule, is the major share of the total sales.
"During the holiday period from Dussehra to Diwali Tanishq has registered an increase of 39% compared to last year", - concluded Bhat.
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DiamondCorp received additional funding of £ 300,000 as funding from Rasmala, which owns a 11.6 percent stake in diamond miner.
Last month DiamondCorp received at Rasmala loan of £ 700 000.
Earlier DiamondCorp is considering the sale of its diamond mine Lace (Lace), but then this week it abandoned the plan, saying that the proposals received significantly underestimated the project.
At the same time, the company said production at Lace continued in accordance with the company's expectations. As expected, on Wednesday 5,000 carats of diamonds from waste companies have been turning to the security deposit for loan collateral issued by Rasmala.
Processing volume breed in the current month according to the schedule must exceed 15 000 tonnes, and evaluation of diamond content in the rock for November so far is 29 carats per hundred tonnes, the company said.
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Last month DiamondCorp received at Rasmala loan of £ 700 000.
Earlier DiamondCorp is considering the sale of its diamond mine Lace (Lace), but then this week it abandoned the plan, saying that the proposals received significantly underestimated the project.
At the same time, the company said production at Lace continued in accordance with the company's expectations. As expected, on Wednesday 5,000 carats of diamonds from waste companies have been turning to the security deposit for loan collateral issued by Rasmala.
Processing volume breed in the current month according to the schedule must exceed 15 000 tonnes, and evaluation of diamond content in the rock for November so far is 29 carats per hundred tonnes, the company said.
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The De Beers noted that its unit sales by auction of diamonds offer other cutting and polishing companies to sell certain types of stones through the auction platform miners.
New limited pilot program for interaction of business was a continuation of a similar project recently submitted earlier for diamond producers.
"Testing new ideas in pilot projects, such as this one, is an important part of this process, and we look forward to how the diamond business will react to the expansion of business opportunities with third parties. Once we get the initial feedback, we will decide if there whether sufficient demand for the continuation of this program, "- said the executive vice-president of the De Beers at auction sales Neil Ventura (Neil Ventura).
"An important factor is that if we can offer the same level of confidence in the origin of the stone, which is the best in the industry. At the same time, thanks to our process of verification of origin, the establishment of counseling field with existing customers, we are confident that we can do this".
The company said that all diamonds offered for sale on an auction platform must pass a comprehensive three-step process of screening to identify synthetic and treated stones.
Ventura said that for the diamond auction program will be available for individual stones weighing more than five carats, and all the fancy colors.
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Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) is organizing a pavilion featuring leading Indian companies sector of precious stones and jewelery on Jewellery Arabia exhibition, which will take place from 22 to 26 November 2016 in the Exhibition the International Center Bahrain and conferences. Indian Pavilion, located in the second hall of the convention center will be the top 50 companies located on 750 square meters, according to the Council's press release.
Indian exhibitors are used to demonstrate the exquisite craftsmanship and jewelry collections, jewelry containing high-grade diamond.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "The Middle East has become one of the key and major markets, the volume of which amounted to $ 12.4 billion in 2015. Indian masters have the advantage of preferences and sense of jewelry designs in the Middle East and India are very similar.. This is confirmed by the fact that for many years there has been significant demand for Indian products. Jewellery Arabia gives us a great opportunity to further improve our trade with the region. "
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Indian exhibitors are used to demonstrate the exquisite craftsmanship and jewelry collections, jewelry containing high-grade diamond.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "The Middle East has become one of the key and major markets, the volume of which amounted to $ 12.4 billion in 2015. Indian masters have the advantage of preferences and sense of jewelry designs in the Middle East and India are very similar.. This is confirmed by the fact that for many years there has been significant demand for Indian products. Jewellery Arabia gives us a great opportunity to further improve our trade with the region. "
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In the third quarter of 2016 year, production of diamonds belonging Gem Diamonds 70% Letšeng shaft (Letšeng) fell by 15% to 24,388 carats against 28,682 carats in the second quarter.
Mining also fell by 17% compared to the same period last year. In the third quarter of 2015 on the project 29 460 carats of diamonds were mined.
On Letšeng was processed a total of 1.4 million tonnes of ore during the period, 77% of which was obtained at the fundamental kimberlite pipe, and 23% - at adjacent.
The breed was processed at the contractor's facility.
At the same time, in Gem Diamonds said that during the sales period, three diamond tender was carried out, totaling 37,990 carats, sold for $ 61.5 million at an average price of $ 1619 per carat.
At the same date, the average price reached this year amounted to $ 1785 per carat. This is below the expectations of the company, which predicted a higher number of mined diamonds weighing over 100 carats.
"Prices for high quality diamonds from Letseng remained high, with 12 stones were sold for more than $ 1 million each, during the sales period," - said CEO Klifford Elfik (Clifford Elphick).
He added that there are encouraging signs for the detection of large diamonds project Ghaghu (Ghaghoo) Botswana as extraction moved at the site from Kimberlite rock having a high diamond content.
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Mining also fell by 17% compared to the same period last year. In the third quarter of 2015 on the project 29 460 carats of diamonds were mined.
On Letšeng was processed a total of 1.4 million tonnes of ore during the period, 77% of which was obtained at the fundamental kimberlite pipe, and 23% - at adjacent.
The breed was processed at the contractor's facility.
At the same time, in Gem Diamonds said that during the sales period, three diamond tender was carried out, totaling 37,990 carats, sold for $ 61.5 million at an average price of $ 1619 per carat.
At the same date, the average price reached this year amounted to $ 1785 per carat. This is below the expectations of the company, which predicted a higher number of mined diamonds weighing over 100 carats.
"Prices for high quality diamonds from Letseng remained high, with 12 stones were sold for more than $ 1 million each, during the sales period," - said CEO Klifford Elfik (Clifford Elphick).
He added that there are encouraging signs for the detection of large diamonds project Ghaghu (Ghaghoo) Botswana as extraction moved at the site from Kimberlite rock having a high diamond content.
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First Element Bvba Company announced a November tender in Antwerp diamonds located in the South African diamond mines Jagersfontein (Jagersfontein) and Rooipoort (Rooipoort).
Bidding will take place on the tender area of the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) from 21 to 25 November.
The tender will end at noon on November 25. The results will be announced immediately after its completion.
At the auction will be on display a wide range of products from the mines - from large stones to diamond parts (11, 9, 7, 5, 5), according to AWDC.
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Bidding will take place on the tender area of the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) from 21 to 25 November.
The tender will end at noon on November 25. The results will be announced immediately after its completion.
At the auction will be on display a wide range of products from the mines - from large stones to diamond parts (11, 9, 7, 5, 5), according to AWDC.
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For colored diamonds prices have continued to grow moderately in the third quarter of 2016, the same as in the second quarter. It is reported by Research Foundation fancy color diamonds (Fancy Color Research Foundation, FCRF) , referring to the analysis carried out by them.
According to the report the Fund during the year, data showed two opposite trends in pricing for the fancy colored diamonds. One of them talks about a rise in prices on the pink and blue diamonds due to the increase in demand, while the decline in prices was noted in the category of yellow diamonds. Prices of blue and pink diamonds in the third quarter increased by 1.2% and 0.5% respectively. Prices for yellow diamonds fell by 0.1% more than in the second quarter of this year. In general, prices in the category of fancy colored diamonds increased by 0.4% in the reporting period.
The report also said that the strongest price growth during the third quarter of 2016 showed a fancy vivid blue and pink fancy stones of all sizes, has risen in price by 6.7% and 3.1%, respectively. On the other hand, the decline in prices was recorded by 1-3% for all categories of yellow diamonds, including fancy, intense and bright stones. However, some bright yellow diamonds are round, pear and emerald facets have not experienced price declines.
In the 12 months ended in October 2016, the index of Fancy Color Diamond Index rose 0.9%, driven by higher prices for blue and pink diamonds by 3.2% and 1.7%, respectively, offset by a decrease in the price of yellow diamonds 1.6%.
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According to the report the Fund during the year, data showed two opposite trends in pricing for the fancy colored diamonds. One of them talks about a rise in prices on the pink and blue diamonds due to the increase in demand, while the decline in prices was noted in the category of yellow diamonds. Prices of blue and pink diamonds in the third quarter increased by 1.2% and 0.5% respectively. Prices for yellow diamonds fell by 0.1% more than in the second quarter of this year. In general, prices in the category of fancy colored diamonds increased by 0.4% in the reporting period.
The report also said that the strongest price growth during the third quarter of 2016 showed a fancy vivid blue and pink fancy stones of all sizes, has risen in price by 6.7% and 3.1%, respectively. On the other hand, the decline in prices was recorded by 1-3% for all categories of yellow diamonds, including fancy, intense and bright stones. However, some bright yellow diamonds are round, pear and emerald facets have not experienced price declines.
In the 12 months ended in October 2016, the index of Fancy Color Diamond Index rose 0.9%, driven by higher prices for blue and pink diamonds by 3.2% and 1.7%, respectively, offset by a decrease in the price of yellow diamonds 1.6%.
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Lucapa owned 40% diamond company Sociedade Mineira do Lulo (SML) sold 1,864 carats of diamonds from the Lulo Project (Lulo) in Angola for $ 8.3 million.
The average price of the stones was $ 4452 per carat.
Past auction yielded maximum revenue in all the diamonds from the Lulo tenders, excluding the sale of a 404-carat stone in February for $ 16 million.
Thus, Lucapa are continuing to observe strong demand for larger sizes of premium diamonds mined at its diamond project.
Since the beginning of this year, the sale of diamonds from the Lulo has brought the company $ 44.8 million, and the average price was $ 3132 per carat.
New bids must pass before the end of this year, and diamond stocks SML up to date 2800 carats, noted in Lucapa.
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The average price of the stones was $ 4452 per carat.
Past auction yielded maximum revenue in all the diamonds from the Lulo tenders, excluding the sale of a 404-carat stone in February for $ 16 million.
Thus, Lucapa are continuing to observe strong demand for larger sizes of premium diamonds mined at its diamond project.
Since the beginning of this year, the sale of diamonds from the Lulo has brought the company $ 44.8 million, and the average price was $ 3132 per carat.
New bids must pass before the end of this year, and diamond stocks SML up to date 2800 carats, noted in Lucapa.
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Alrosa plans to produce at Upper Muna diamond mine 1.7 million carats a year, according to company materials.
Of ore capacity will be 3 million tons. IRR of the project is estimated at 22%. Running production is expected in 2018. Company to reach its design capacity is planned for 2019.
Balance reserves of Upper Muna is 38.3 million carats. Term development of the deposit - up to 2043. It was reported that ALROSA's investment in the development of a draft Upper Muna estimated at about 63 billion rubles. The State provides the company a grant for the development of infrastructure in the amount of 8.5 billion rubles.
Development of the Upper Muna included in the approved long-term program of development of ALROSA, providing for an increase in production to 41 million carats by 2021.
According to published on Friday, presentation of the company, ALROSA's production forecast for 2016 remains at 37 million carats in the years 2017-2018 - at 39.9 million carats. Although at the beginning of September, the President of the company Andrey Zharkov, spoke about the plan for 2017 about 39 million carats.
In 2015, Alrosa produced 38.3 million carats of diamonds.
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Of ore capacity will be 3 million tons. IRR of the project is estimated at 22%. Running production is expected in 2018. Company to reach its design capacity is planned for 2019.
Balance reserves of Upper Muna is 38.3 million carats. Term development of the deposit - up to 2043. It was reported that ALROSA's investment in the development of a draft Upper Muna estimated at about 63 billion rubles. The State provides the company a grant for the development of infrastructure in the amount of 8.5 billion rubles.
Development of the Upper Muna included in the approved long-term program of development of ALROSA, providing for an increase in production to 41 million carats by 2021.
According to published on Friday, presentation of the company, ALROSA's production forecast for 2016 remains at 37 million carats in the years 2017-2018 - at 39.9 million carats. Although at the beginning of September, the President of the company Andrey Zharkov, spoke about the plan for 2017 about 39 million carats.
In 2015, Alrosa produced 38.3 million carats of diamonds.
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Leading Indian jewelry online retailer BlueStone.com created a "gold ATMs" that allow buyers to purchase gold through these devices.
The machines have been installed in some shopping centers in Bangalore and New Delhi. They may automatically sell 24-carat gold coins weight of 1, 2, 5, 10 and 20 grams, according to AOJ message.
The new concept is designed to provide more convenience to customers during a busy festival season. In addition, it offers a very unique experience for gold buyers who still bought the metal, or the jewelry store or online. It is expected that the main users of the new ATMs will be new buyers of gold or men due to functional and practical aspects of the new devices. Their installation in two of the most popular shopping malls provide convenience for shoppers, who are rushing to buy gifts for the holiday season friendly.
Speaking about the launch of ATMs, Arvind Singhal (Arvind Singhal), COO BlueStone.com, said: "Setting" Gold ATM "during the holiday season, not only adds to the convenience of buying gold, but also a means to connect with our customers, and provides them more points of physical trading. Customers can buy gold coins of several denominations of cash or card, which makes it ideal to buy gold for gifts or investments. "
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The machines have been installed in some shopping centers in Bangalore and New Delhi. They may automatically sell 24-carat gold coins weight of 1, 2, 5, 10 and 20 grams, according to AOJ message.
The new concept is designed to provide more convenience to customers during a busy festival season. In addition, it offers a very unique experience for gold buyers who still bought the metal, or the jewelry store or online. It is expected that the main users of the new ATMs will be new buyers of gold or men due to functional and practical aspects of the new devices. Their installation in two of the most popular shopping malls provide convenience for shoppers, who are rushing to buy gifts for the holiday season friendly.
Speaking about the launch of ATMs, Arvind Singhal (Arvind Singhal), COO BlueStone.com, said: "Setting" Gold ATM "during the holiday season, not only adds to the convenience of buying gold, but also a means to connect with our customers, and provides them more points of physical trading. Customers can buy gold coins of several denominations of cash or card, which makes it ideal to buy gold for gifts or investments. "
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Stellar Diamonds considered the independent report of MPH Consulting project Tongo (Tongo) with an adjoining mine Tonguma (Tonguma) in Sierra Leone. According to the data, the original occurring resources for the project are estimated at 4.0 million carats.
The report was approved mine plan for the project.
Last month Stellar contemplating a merger project and Tongo mines Tonguma after buying the latter.
Thanks to an agreement Stellar will receive a 75-percent stake in the project, as well as pre-emptive right to repayment of the initial investment and obtaining a number of royalty.
"Out on the draft report is a new milestone in its intended acquisition, as well as from it followed an independent mine plan and financial model of the preliminary economic assessment", - says CEO Karl Smithson, Stellar (Karl Smithson).
"We continue to make good progress in the necessary legal and other work on the audit, which is necessary for the completion of the proposed acquisition," - he concluded.
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Proceeds of the largest diamond mines of Angola Catoca (Catoca) fell by 3.5% in 2015, to $ 582 million, since the average price of the stones fell 11%, to $ 87 per carat.
On the diamond market has negatively affected the economic slowdown in China and the strengthening of the US dollar, and a reduction in demand for diamonds, which, in turn, affected the demand for raw materials, the mining company said.
Sales increased by 3.5%, to 6.9 million carats, Rapaport said portal.
Extraction mine increased by 4.2% to 6.7 million carats.
Catoca Net income was $ 126.8 million.
Angolan state company Endiama owns 32.8% of mine Catoca, the same share in the Russian Alrosa.
The rest of the shares are owned by a Chinese company LL International Holding and Brazilian Odebrecht Mining Services.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FBridalPearls
On the diamond market has negatively affected the economic slowdown in China and the strengthening of the US dollar, and a reduction in demand for diamonds, which, in turn, affected the demand for raw materials, the mining company said.
Sales increased by 3.5%, to 6.9 million carats, Rapaport said portal.
Extraction mine increased by 4.2% to 6.7 million carats.
Catoca Net income was $ 126.8 million.
Angolan state company Endiama owns 32.8% of mine Catoca, the same share in the Russian Alrosa.
The rest of the shares are owned by a Chinese company LL International Holding and Brazilian Odebrecht Mining Services.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FBridalPearls
America is moving toward a new future based on different values and priorities. Triumph Trump will have a great impact on the political, social and economic conditions. We were approaching tidal wave of drastic changes, full of challenges and opportunities.
Trump choice - it is a victory, "an angry majority," Americans are demanding change. They want to break with the past and will require a radical overhaul of the regulatory, trade and foreign policy. The war against the political establishment and the policies of the past won. America strongly advocated by Republican President, the Senate and House of Representatives.
A long-standing political and economic relations will be exposed to the extent that Washington is moving to a more resolute policy that places at the center of America's attention. America's policy in the field of trade and foreign affairs will give priority to improving the situation in the country, rather than globalization. America will no longer sacrifice their priorities in favor of the old world political order.
Trampizm will have a significant impact on the US economy and the global economy. Socialist policy will be replaced by a new approach to capitalist power and economy. Political forces be reconstructed in order to create new economic opportunities for Americans. Lower taxes, increase domestic employment and the rejection of the Obama health care reform will increase disposable income and encourage investment in local businesses. This will fuel a new domestic economic growth.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FPearlJewelries
Trump choice - it is a victory, "an angry majority," Americans are demanding change. They want to break with the past and will require a radical overhaul of the regulatory, trade and foreign policy. The war against the political establishment and the policies of the past won. America strongly advocated by Republican President, the Senate and House of Representatives.
A long-standing political and economic relations will be exposed to the extent that Washington is moving to a more resolute policy that places at the center of America's attention. America's policy in the field of trade and foreign affairs will give priority to improving the situation in the country, rather than globalization. America will no longer sacrifice their priorities in favor of the old world political order.
Trampizm will have a significant impact on the US economy and the global economy. Socialist policy will be replaced by a new approach to capitalist power and economy. Political forces be reconstructed in order to create new economic opportunities for Americans. Lower taxes, increase domestic employment and the rejection of the Obama health care reform will increase disposable income and encourage investment in local businesses. This will fuel a new domestic economic growth.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FPearlJewelries
Petra Diamonds making steady progress of the first phase C-Cut in expanding diamond mine Cullinan (Cullinan) area of 5.7 ha. It is expected that through this project will be able to increase the life cycle of the mine for 15 years, media reported.
Mining Weekly quotes Johan Dippenaar (Johan Dippenaar), Chief Executive Officer of Petra Diamonds has, who pointed out that thanks to a new project company will be able to consolidate the production zone, reducing their number from 8 to 3. Against this background, Petra hopes to reduce the cost of production up to 200 rand (about $ 14.8) per ton of ore against 280 - 290 rand at current costs.
According to him, the old mountain areas Cullinan become "contaminated" waste rock, and on this background diamond content decreased, lowering revenues per ton of ore processed.
Dippenaar said that the development of C-Cut will increase the diamond content of up to 38 - 40 carats per ton in fiscal year 2017.
In the future we plan to increase the diamond content of up to 49 - 51 carats per tonne by 2019 fiscal year, when the C-Cut will reach the planned capacity.
The group wants to increase the production of diamonds at the mine to 729,496 carats in the current year to 2.2 million carats in fiscal 2019.
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Mining Weekly quotes Johan Dippenaar (Johan Dippenaar), Chief Executive Officer of Petra Diamonds has, who pointed out that thanks to a new project company will be able to consolidate the production zone, reducing their number from 8 to 3. Against this background, Petra hopes to reduce the cost of production up to 200 rand (about $ 14.8) per ton of ore against 280 - 290 rand at current costs.
According to him, the old mountain areas Cullinan become "contaminated" waste rock, and on this background diamond content decreased, lowering revenues per ton of ore processed.
Dippenaar said that the development of C-Cut will increase the diamond content of up to 38 - 40 carats per ton in fiscal year 2017.
In the future we plan to increase the diamond content of up to 49 - 51 carats per tonne by 2019 fiscal year, when the C-Cut will reach the planned capacity.
The group wants to increase the production of diamonds at the mine to 729,496 carats in the current year to 2.2 million carats in fiscal 2019.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FClassicalPearl
Bluerock Diamonds, which owns and operates the mine Kareevley (Kareevlei) in South Africa received a total £ 750,000 before expenses by means of placing 16,875,000 new ordinary shares at a price of 4 pence per share.
The company noted that these revenues will be used to implement new plans to improve the breed manual processing to the target level of 30 000 tonnes per month and reduce production costs. In addition, it is planned to increase the volume of extracting diamonds.
"In particular, the company expects to acquire the primary crushing equipment, which is expected to be more cost effective than using the services of outside contractors," - noted in Bluerock.
"The primary crusher is expected to be installed and put into operation during the first quarter of 2017 the Company will seek to mitigate the effects of the ongoing drought by increasing water recycling and other measures This is expected to achieve target levels of production..", - reported in the mining company.
Executive Director Bluerock Voe Adam (Adam Waugh) said that the company plans to significantly reduce the average cost of processing one ton of ore in the mine, as well as to improve the diamond recoveries.
The gradual increase of production levels in the first quarter of 2017 is expected to be completed well before the end of the reporting period, as well as installation and commissioning of crusher operation, concluded Voe.
http://www.feedage.com/feeds/23910348/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
The company noted that these revenues will be used to implement new plans to improve the breed manual processing to the target level of 30 000 tonnes per month and reduce production costs. In addition, it is planned to increase the volume of extracting diamonds.
"In particular, the company expects to acquire the primary crushing equipment, which is expected to be more cost effective than using the services of outside contractors," - noted in Bluerock.
"The primary crusher is expected to be installed and put into operation during the first quarter of 2017 the Company will seek to mitigate the effects of the ongoing drought by increasing water recycling and other measures This is expected to achieve target levels of production..", - reported in the mining company.
Executive Director Bluerock Voe Adam (Adam Waugh) said that the company plans to significantly reduce the average cost of processing one ton of ore in the mine, as well as to improve the diamond recoveries.
The gradual increase of production levels in the first quarter of 2017 is expected to be completed well before the end of the reporting period, as well as installation and commissioning of crusher operation, concluded Voe.
http://www.feedage.com/feeds/23910348/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
Rockwell Diamonds has announced that it has received an offer to purchase certain assets belonging to it and considering options and the possibility of selling one or more of them.
Rockwell said that if the deal is concluded, is expected to improve liquidity and working capital position of the company.
"The value of the proposed transaction is not high, and therefore it does not require shareholder approval We will report on further developments and / or a final agreement on the deal." - noted in the company.
Previously, the company Rockwell Diamonds reported a 14 percent drop in revenue from diamond sales - up to $ 10.6 million in the second quarter of fiscal year 2017 compared to $ 12.3 million in the same period a year earlier.
Rockwell also recorded a net loss of $ 600,000 compared to a profit of $ 1.1 million a year earlier.
http://www.feedage.com/feeds/23910358/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
Rockwell said that if the deal is concluded, is expected to improve liquidity and working capital position of the company.
"The value of the proposed transaction is not high, and therefore it does not require shareholder approval We will report on further developments and / or a final agreement on the deal." - noted in the company.
Previously, the company Rockwell Diamonds reported a 14 percent drop in revenue from diamond sales - up to $ 10.6 million in the second quarter of fiscal year 2017 compared to $ 12.3 million in the same period a year earlier.
Rockwell also recorded a net loss of $ 600,000 compared to a profit of $ 1.1 million a year earlier.
http://www.feedage.com/feeds/23910358/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
Chair of the Kimberley Process (KP) from the UAE Ahmed Bin Sulayem (Ahmed Bin Sulayem) visited the Republic of Mozambique as part of their business trips throughout the African continent, to enhance dialogue with African countries on trade in rough diamonds and strengthen KP's mandate, according to the press release KP.
During his visit, the Chairman KP met with President Felipe Newsom and other senior officials. The talks focused on the progress of the government in compliance with KP requirements and best practices in the field of diamond evaluation.
Mozambique is currently a member of the CP, but it is a novice candidate, since it submitted its membership list as early as 2012. After the discovery of diamond deposits in the area Massanga (Massangena) province of Gaza (Gaza), local authorities have made efforts to gather more support for his candidacy and to obtain permission to export its conflict-free diamonds.
In an effort to strengthen the country's candidacy for the KP and to support its statement, the Maputo government has approved a series of measures that are expected to come into force on 20 November. These include the establishment of the supervisory authority, a group of the Kimberley Process Management, and the decree that regulates the production and sale of diamonds, precious metals and stones.
http://www.feedage.com/feeds/23910349/classic-pearl-jewelry-tradition-pearl-necklace
Diamond markets were calm in October, as wholesalers diamonds suspended their activities during the relevant Chinese, Indian and Jewish holidays, according to Rapaport.
Trade slowed as large orders for the upcoming holiday season in the United States have been completed, and the dealers have started to adapt products to the specific requirements of its retail customers.
Diamond Index RapNet (RAPI) for odnokaratnikov-diamonds fell in October by 2.3%. The index fell by 4.3% in the first ten months of this year.
Market sentiment improved after the September show in Hong Kong, but the diamond trade remained sluggish, and flows - relatively high. Demand for diamonds has also declined since the October rough diamond prices rose, Indian diamond manufacturers have reduced the operation before closing time at the Diwali festival.
While diamond demand slowed in October, mining companies continue to record high growth rates in comparison with 2015, when demand fell sharply due to the low profitability of production and high-polished sinks. De Beers The volume of sales increased by 90% in the third quarter, while ALROSA increased its sales by 69%.
Cutting and polishing segment profit remains limited due to sluggish demand for diamonds, while the trade in rough diamonds has been relatively strong in the third quarter. Rough imports to India grew by 54% to $ 4.2 billion in the third quarter, while polished exports rose 15% to $ 6.1 billion.
Industry focus has shifted to the retail trade, as Diwali, Christmas and Chinese New year provide important opportunities in jewelry sales in major consumer markets. Rapaport expects moderate growth in jewelry sales in the US this Christmas, the relative stability in China, but the weakness in Hong Kong, while the individual signals are talking about sustainable gold sales in India Diwali.
However, holiday jewelry sales are unlikely to stimulate sustainable growth of the diamond trade and diamond prices are expected to remain under pressure until the end of 2016 and in 2017, which should cause a decline in prices for rough diamonds in the long run. Under conditions of sufficient waste cutters in the market is trying to balance this factor and a lower level of demand. Meanwhile, the oversupply has existed since the past years, is maintained.
http://www.feedage.com/feeds/23910361/classic-pearl-jewelry-tradition-pearl-necklace
Trade slowed as large orders for the upcoming holiday season in the United States have been completed, and the dealers have started to adapt products to the specific requirements of its retail customers.
Diamond Index RapNet (RAPI) for odnokaratnikov-diamonds fell in October by 2.3%. The index fell by 4.3% in the first ten months of this year.
Market sentiment improved after the September show in Hong Kong, but the diamond trade remained sluggish, and flows - relatively high. Demand for diamonds has also declined since the October rough diamond prices rose, Indian diamond manufacturers have reduced the operation before closing time at the Diwali festival.
While diamond demand slowed in October, mining companies continue to record high growth rates in comparison with 2015, when demand fell sharply due to the low profitability of production and high-polished sinks. De Beers The volume of sales increased by 90% in the third quarter, while ALROSA increased its sales by 69%.
Cutting and polishing segment profit remains limited due to sluggish demand for diamonds, while the trade in rough diamonds has been relatively strong in the third quarter. Rough imports to India grew by 54% to $ 4.2 billion in the third quarter, while polished exports rose 15% to $ 6.1 billion.
Industry focus has shifted to the retail trade, as Diwali, Christmas and Chinese New year provide important opportunities in jewelry sales in major consumer markets. Rapaport expects moderate growth in jewelry sales in the US this Christmas, the relative stability in China, but the weakness in Hong Kong, while the individual signals are talking about sustainable gold sales in India Diwali.
However, holiday jewelry sales are unlikely to stimulate sustainable growth of the diamond trade and diamond prices are expected to remain under pressure until the end of 2016 and in 2017, which should cause a decline in prices for rough diamonds in the long run. Under conditions of sufficient waste cutters in the market is trying to balance this factor and a lower level of demand. Meanwhile, the oversupply has existed since the past years, is maintained.
http://www.feedage.com/feeds/23910361/classic-pearl-jewelry-tradition-pearl-necklace
Kennady Diamonds is currently considering the original version of the assessment report Diamond Project Kelvin (Kelvin), prepared by WWW International Diamonds (WWW).
Kennady seeks to determine resource project kimberlite corridor Kelvin - Faraday (Kelvin - Faraday), which is of the order of 13 - 16 million tons with the diamond content of from 2 to 2.5 carats per ton of ore, as well as to identify new kimberlite outside the corridor.
Second Independent market valuation of the combined batch of diamonds produced at the end of the sampling programs in 2015 and 2016 on the Kelvin, is currently underway in Antwerp.
President and CEO of Kennady Diamonds Rori Mur (Rory Moore) commented: "We are pleased that we were able to get an initial draft report on the WWW, which we see at the present time, we also look forward to the completion of the evaluation of our second installment of the diamond with Kelvin. a total weight of more than 2,000 carats. a larger batch size will provide better conditions for market valuation in real time. "
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Kennady seeks to determine resource project kimberlite corridor Kelvin - Faraday (Kelvin - Faraday), which is of the order of 13 - 16 million tons with the diamond content of from 2 to 2.5 carats per ton of ore, as well as to identify new kimberlite outside the corridor.
Second Independent market valuation of the combined batch of diamonds produced at the end of the sampling programs in 2015 and 2016 on the Kelvin, is currently underway in Antwerp.
President and CEO of Kennady Diamonds Rori Mur (Rory Moore) commented: "We are pleased that we were able to get an initial draft report on the WWW, which we see at the present time, we also look forward to the completion of the evaluation of our second installment of the diamond with Kelvin. a total weight of more than 2,000 carats. a larger batch size will provide better conditions for market valuation in real time. "
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FJewelryTradition
Smolensk "Crystal" was presented on the website of its online store a new collection of diamond jewelry fancy cut.
Now, cutting and polishing company with the wishes of their clients presented a collection of diamond jewelry cut shapes "Pear", "Marquis", "Oval", "Princess" and "Emerald".
Rings, earrings and pendants that are included in this collection, made of white gold 585-carat, the most optimally combine brilliantly original diamond fancy shapes, noted in OAO "PO" Kristall ".
In accordance with the individual preferences of visitors online store of the company now has the opportunity to maximize the precise embodiment of his imagination, using a variety of assortment of diamonds "Smolensk cut" and variations of precious frames.
Consultants on the site can help in the selection and purchase of the design and are ready to discuss the possibility of the implementation of the individual order.
http://www.feedage.com/feeds/23910357/wedding-pearl-jewelry-bridal-pearl-necklace
Now, cutting and polishing company with the wishes of their clients presented a collection of diamond jewelry cut shapes "Pear", "Marquis", "Oval", "Princess" and "Emerald".
Rings, earrings and pendants that are included in this collection, made of white gold 585-carat, the most optimally combine brilliantly original diamond fancy shapes, noted in OAO "PO" Kristall ".
In accordance with the individual preferences of visitors online store of the company now has the opportunity to maximize the precise embodiment of his imagination, using a variety of assortment of diamonds "Smolensk cut" and variations of precious frames.
Consultants on the site can help in the selection and purchase of the design and are ready to discuss the possibility of the implementation of the individual order.
http://www.feedage.com/feeds/23910357/wedding-pearl-jewelry-bridal-pearl-necklace
Tender pink diamonds from Rio Tinto mines of Argyle (Argyle) in 2016, which consisted of 63 rare pink, purple and red stones, showed a record result, noted in Rio, emphasized that the high demand for these stones.
Tender 2016, known as the "Collection of intense color" (Chroma Collection), includes high-quality large and intensely colored diamonds. History has a tender 32 years.
Patrick Coppens (Patrick Coppens), general manager of sales of diamond division Rio Tinto, said: "We are very pleased with the results of historical collections this year Pink, red and purple diamonds from Argyle are in a completely separate class in terms of rarity, beauty and origin. . These natural colored diamonds are very rare indeed. "
Central Lot collection, "Purple Argyle" (The Argyle Violet) weighing 2.83 carats, was acquired by LJ West Diamonds Inc., specializing in colored diamonds. President Larry West Company (Larry West) said: "Purple Argyle" - a peerless diamond, which is an important addition to our collection of "Art of Nature" (Art of Nature) for rare gems. This is truly a unique treasure, and we are proud to have become owners of one of the finest examples of historical fancy colored diamonds. "
Direction manager Argyle Pink Diamonds Dzhozefin Dzhonson (Josephine Johnson) said:" The market fundamentals for the pink diamond - high demand as a result of the extremely tight supply - continue to maintain their high cost. "
The tender for the first time in 2016 included only diamonds from the Argyle underground part of the mine.
http://www.feedage.com/feeds/23910359/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Tender 2016, known as the "Collection of intense color" (Chroma Collection), includes high-quality large and intensely colored diamonds. History has a tender 32 years.
Patrick Coppens (Patrick Coppens), general manager of sales of diamond division Rio Tinto, said: "We are very pleased with the results of historical collections this year Pink, red and purple diamonds from Argyle are in a completely separate class in terms of rarity, beauty and origin. . These natural colored diamonds are very rare indeed. "
Central Lot collection, "Purple Argyle" (The Argyle Violet) weighing 2.83 carats, was acquired by LJ West Diamonds Inc., specializing in colored diamonds. President Larry West Company (Larry West) said: "Purple Argyle" - a peerless diamond, which is an important addition to our collection of "Art of Nature" (Art of Nature) for rare gems. This is truly a unique treasure, and we are proud to have become owners of one of the finest examples of historical fancy colored diamonds. "
Direction manager Argyle Pink Diamonds Dzhozefin Dzhonson (Josephine Johnson) said:" The market fundamentals for the pink diamond - high demand as a result of the extremely tight supply - continue to maintain their high cost. "
The tender for the first time in 2016 included only diamonds from the Argyle underground part of the mine.
http://www.feedage.com/feeds/23910359/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Jewelry sales in the US jewelry stores fell 2.1% in August compared to the same period of the previous year, to $ 2.22 billion, according to data provided by the Bureau of Labor Statistics and the US Census.
In the first eight months of this year, sales increased by 1.2% to $ 18.17 billion.
In addition, the consumer price index for jewelry (Sonsumer Price Index, CPI) to the United States fell by 2.6% in September compared with the previous month, seasonally adjusted, without adjustments, according to the Bureau of labor statistics. Rates jumped 5% a year. Also, according to these data, in August, prices rose by 4.2% compared with July and 9% compared with the previous year.
At the same time, in September consumer price index in the United States for hours decreased by 0.4% compared with the previous month, but increased by just 7% compared to last year. Prices for jewelry and watches together decreased by 1.8% compared with August and increased by 5% a year.
http://www.feedage.com/feeds/23910345/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
In the first eight months of this year, sales increased by 1.2% to $ 18.17 billion.
In addition, the consumer price index for jewelry (Sonsumer Price Index, CPI) to the United States fell by 2.6% in September compared with the previous month, seasonally adjusted, without adjustments, according to the Bureau of labor statistics. Rates jumped 5% a year. Also, according to these data, in August, prices rose by 4.2% compared with July and 9% compared with the previous year.
At the same time, in September consumer price index in the United States for hours decreased by 0.4% compared with the previous month, but increased by just 7% compared to last year. Prices for jewelry and watches together decreased by 1.8% compared with August and increased by 5% a year.
http://www.feedage.com/feeds/23910345/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Diamond Manufacturers Association (Diamond Producers Association, DPA) has released a short documentary video titled "Why genuine - rarely" (Why Real is Rare). Video is dedicated to couples and by the time they realize that their relationship has become an obligation in relation to each other.
Video is a new step in the DPA marketing campaign aimed at trying to make diamonds more appealing to the representatives of "two thousandth generation." The campaign under the slogan "Genuine - Genuine rarely -. It is brilliant."
"The campaign" Authentic - rarely "we shared stories about the outstanding moments in the life of couples who have formed their relationship, the problems they face, and their unique perspective on why their commitment to each other is genuine" - said Nik Kennon, the actor and producer of video, which conducted a survey of six real steam to create it.
A short documentary was launched in the DPA channel on YouTube. Last month, the association has released two other videos that showed imperfect relationships in an attempt to appeal to the representatives of "two thousandth generation."
http://www.feedage.com/feeds/23910346/pearl-jewelry-pearl-necklace
Graff Diamonds introduced the "world's largest" flawless diamond cut "heart" of color D.
Brilliant type IIa weighs 118.78 carats, has excellent polish and symmetry. It also boasts a lack of fluorescence. Stone was created by the company Graff of the 357-carat rough diamond found at the mine Letseng (Letseng) in Lesotho in 2015.
Mining company Gem Diamonds sold the diamond for $ 19.3 million to an unknown buyer in September of the same year.
"It is the most beautiful diamond cut" heart "of all that I've ever seen," said Laurence Graff (Laurence Graff), Chairman of the Board of Directors. Graff named the diamond "Venus Graff" (Graff Venus).
The company claims that it has created more than half of the 20 largest diamonds found in this century. Earlier this year, Gem Diamonds presented flawless pear-cut diamond weighing 105.07 carats, color D, "Graff Vendome", to mark the opening of the shop on the Place Vendome in Paris. This polished stone and was created from the rough diamond recovered at Letseng in May 2015.
http://www.feedage.com/feeds/23910356/pearl-jewelry-pearl-necklace
Brilliant type IIa weighs 118.78 carats, has excellent polish and symmetry. It also boasts a lack of fluorescence. Stone was created by the company Graff of the 357-carat rough diamond found at the mine Letseng (Letseng) in Lesotho in 2015.
Mining company Gem Diamonds sold the diamond for $ 19.3 million to an unknown buyer in September of the same year.
"It is the most beautiful diamond cut" heart "of all that I've ever seen," said Laurence Graff (Laurence Graff), Chairman of the Board of Directors. Graff named the diamond "Venus Graff" (Graff Venus).
The company claims that it has created more than half of the 20 largest diamonds found in this century. Earlier this year, Gem Diamonds presented flawless pear-cut diamond weighing 105.07 carats, color D, "Graff Vendome", to mark the opening of the shop on the Place Vendome in Paris. This polished stone and was created from the rough diamond recovered at Letseng in May 2015.
http://www.feedage.com/feeds/23910356/pearl-jewelry-pearl-necklace
the World Jewelery Confederation, on Friday October 28 completed the annual congress, which was held in Armenia this year.
At the congress, the participants' attention was focused on the issues of corporate social responsibility and sustainable development. Many of the leaders of key industries, civil society and experts were among the speakers and participants in the discussions.
Among them were the chairman of the Kimberley Process (KP) from the UAE Ahmed Bin Sulayem (Ahmed Bin Sulayem), President of the World Diamond Council Andrey Polyakov, CEO of the Council for Responsible Jewelry practice (Responsible Jewellery Council, RJC) Endryu Boun (Andrew Bone), president of the group ALROSA Andrey Zharkov, Stephane Fischler (Stephane Fischler), president of the Antwerp World diamond center (Antwerp World diamond Centre, AWDC) and others.
"We firmly believe that if you gently apply to the very origins of the industry, the business will be inherently more healthy. The only essential postulate of our industry should be a firm commitment to conduct business honestly and responsibly, always keep an eye on the interests of your employees, stakeholders and customers , "- said the president of CIBJO Gaetano Cavalieri (Gaetano Cavalieri).
The event includes five days of intensive discussions on a wide range of issues facing the jewelry industry and industry of precious stones, as well as meetings of the specialized committees that cover diamonds, colored gemstones, pearls, coral, precious metals and gemological laboratories, as well as ethics, marketing and education.
During the congress CIBJO his Diamond Board (Diamond Commission) has decided to add a definition of the diamond "Blue Book" (Diamond Blue Book) for simulations and procedures for upgrading gems, including the description of the simulations, refining and synthetic products, which are not crystals or have been created man.
The congress was attended by about 120 delegates from around the world. Congress of the Armenian Jewelers Association (AJA) was organized.
http://www.feedlisting.com/rss-feed-url/898220.html
At the congress, the participants' attention was focused on the issues of corporate social responsibility and sustainable development. Many of the leaders of key industries, civil society and experts were among the speakers and participants in the discussions.
Among them were the chairman of the Kimberley Process (KP) from the UAE Ahmed Bin Sulayem (Ahmed Bin Sulayem), President of the World Diamond Council Andrey Polyakov, CEO of the Council for Responsible Jewelry practice (Responsible Jewellery Council, RJC) Endryu Boun (Andrew Bone), president of the group ALROSA Andrey Zharkov, Stephane Fischler (Stephane Fischler), president of the Antwerp World diamond center (Antwerp World diamond Centre, AWDC) and others.
"We firmly believe that if you gently apply to the very origins of the industry, the business will be inherently more healthy. The only essential postulate of our industry should be a firm commitment to conduct business honestly and responsibly, always keep an eye on the interests of your employees, stakeholders and customers , "- said the president of CIBJO Gaetano Cavalieri (Gaetano Cavalieri).
The event includes five days of intensive discussions on a wide range of issues facing the jewelry industry and industry of precious stones, as well as meetings of the specialized committees that cover diamonds, colored gemstones, pearls, coral, precious metals and gemological laboratories, as well as ethics, marketing and education.
During the congress CIBJO his Diamond Board (Diamond Commission) has decided to add a definition of the diamond "Blue Book" (Diamond Blue Book) for simulations and procedures for upgrading gems, including the description of the simulations, refining and synthetic products, which are not crystals or have been created man.
The congress was attended by about 120 delegates from around the world. Congress of the Armenian Jewelers Association (AJA) was organized.
http://www.feedlisting.com/rss-feed-url/898220.html
"Alrosa" is scheduled for the implementation of innovative development programs in the years 2016-2023 to 14.5 billion rubles, the company said.
The main efforts in the implementation of the program will be aimed at increasing the effectiveness of exploration work at the expense of new exploration methods and search.
Among the program's objectives and the development of geotechnology field improvements, updating the regulatory framework of mining operations (development of the national standard), as well as finding new applications of diamonds in promising industries.
The expected results of innovative activities in 2023 will reduce the cost of production in the revenue from sales, increase energy efficiency and environmental friendliness by reducing a consumption of clean water and greenhouse gas emissions in CO2 equivalents, increase productivity, also said in a statement.
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The main efforts in the implementation of the program will be aimed at increasing the effectiveness of exploration work at the expense of new exploration methods and search.
Among the program's objectives and the development of geotechnology field improvements, updating the regulatory framework of mining operations (development of the national standard), as well as finding new applications of diamonds in promising industries.
The expected results of innovative activities in 2023 will reduce the cost of production in the revenue from sales, increase energy efficiency and environmental friendliness by reducing a consumption of clean water and greenhouse gas emissions in CO2 equivalents, increase productivity, also said in a statement.
http://www.feedlisting.com/rss-feed-url/898222.html
Sociedade Mineira do Lulo (SML), owned by Lucapa by 40% and set up in May, as a license holder to alluvial diamond mining on the project Lulo (Lulo) in Angola, has sold three batches of alluvial diamonds project a total weight of 7837 carats in the third quarter.
In the third quarter of last year Lucapa was able to realize a 5548 carats.
The cost of the stones was $ 10.3 million versus $ 716,551 in the same period last year.
At the end of the third quarter, the cash position of SML was $ 6.7 million, and diamond stocks - 2286 carats, noted in Lucapa.
In the reporting quarter, production at Lulo was 8853 carats.
Among these diamonds were 137 and special stones weighing 3,210 carats.
At the same time, Lucapa are received the first profit of $ 3.3 million in the first half, which ended in June.
On September 30 the company's balance sheet amounted to $ 7 million.
Lucapa are also advised that it is awaiting the results of prospecting work carried out in the region Orapa (Orapa) in Botswana.
http://www.feedlisting.com/rss-feed-url/898224.html
Trade Center in the Diamond Exchange of India (Bharat Diamond Bourse, BDB) in Mumbai. Indian participants in the diamond industry, including marketing professionals, attended the event.
Pointing out that the lack of objective and detailed information about the habits of consumers is one of the biggest problems in the diamond industry, particularly in the manufacturing sector of the diamond pipeline, Golan emphasized the need to bridge the gap between informal discussions retail jewelers, and the fact that consumers are actually buying, which is very important.
The presentation was attended by market survey data for 2015 in terms of total cost of sales of natural diamonds in the specialty jewelry retailer in the US, as well as the volume of the stones sold in retail stores and their prices. NPD data was collected nearly 4,000 specialty retail jewelry retailers in the United States.
Also explained the pricing of diamonds of varying quality / shape / size, and special attention was paid to the possible revenue and profit for the representatives of wholesale and retail trade.
According to the NPD study, round diamonds are the most popular among consumers, and represent more than 71% of all diamonds sold. They were followed by the popularity of cut stones "Princess", and with a large backlog "oval" and "cushion". Meanwhile, in the first 7 months of 2016, sales of diamonds smaller than 0.90 carats fell in the range of 1.6% to 23% compared to the same period of 2015 year.
During the period from January to July this year, sales of branded jewelery showed double-digit growth of over 12%, while sales of non-brand of diamonds fell by almost 6%.
Referring to the market share of diamonds grown in a lab, Golan said that consumers today are aware of such stones and tend to their purchase. According to the analyst, the market will develop synthetics.
The company DDA Trading announced that it would be held in November in Antwerp the first auction of rough diamonds from offshore fields in Namibia (NUTAM).
On the trading session will be exposed about 20 000 carats rough diamond concession with underwater quarries Samicor ML56 and Diamond Fields Namibia ML 111.
Visitors will take place by appointment only. Dubai - from 6 to 10 November. In Antwerp - in the office of Antwerp Diamond Bank - 14 to 21 November with the closing of the sale on 22 November.
http://www.feedlisting.com/rss-feed-url/898225.html
Pointing out that the lack of objective and detailed information about the habits of consumers is one of the biggest problems in the diamond industry, particularly in the manufacturing sector of the diamond pipeline, Golan emphasized the need to bridge the gap between informal discussions retail jewelers, and the fact that consumers are actually buying, which is very important.
The presentation was attended by market survey data for 2015 in terms of total cost of sales of natural diamonds in the specialty jewelry retailer in the US, as well as the volume of the stones sold in retail stores and their prices. NPD data was collected nearly 4,000 specialty retail jewelry retailers in the United States.
Also explained the pricing of diamonds of varying quality / shape / size, and special attention was paid to the possible revenue and profit for the representatives of wholesale and retail trade.
According to the NPD study, round diamonds are the most popular among consumers, and represent more than 71% of all diamonds sold. They were followed by the popularity of cut stones "Princess", and with a large backlog "oval" and "cushion". Meanwhile, in the first 7 months of 2016, sales of diamonds smaller than 0.90 carats fell in the range of 1.6% to 23% compared to the same period of 2015 year.
During the period from January to July this year, sales of branded jewelery showed double-digit growth of over 12%, while sales of non-brand of diamonds fell by almost 6%.
Referring to the market share of diamonds grown in a lab, Golan said that consumers today are aware of such stones and tend to their purchase. According to the analyst, the market will develop synthetics.
The company DDA Trading announced that it would be held in November in Antwerp the first auction of rough diamonds from offshore fields in Namibia (NUTAM).
On the trading session will be exposed about 20 000 carats rough diamond concession with underwater quarries Samicor ML56 and Diamond Fields Namibia ML 111.
Visitors will take place by appointment only. Dubai - from 6 to 10 November. In Antwerp - in the office of Antwerp Diamond Bank - 14 to 21 November with the closing of the sale on 22 November.
http://www.feedlisting.com/rss-feed-url/898225.html
Dominion Diamond Corporation announced that, as part of measures to reduce operating costs and maintain long-term stability of the board of directors and senior management of the company decided to move the corporate office from Yellowknife, Northwest Territories, in Calgary, Alberta.
The move will be completed by the middle of 2017, through which the company expects to achieve annual savings of approximately 19 million Canadian dollars.
In this case, Dominion announced its commitment to continue uninterrupted current operations Ekati mine (Ekati), including drafting Jay (Jay).
Office move will affect about one hundred employees based in the Northwest Territories. Most of the company's workforce, most of whom are residents of the North of Canada, will continue to work there. In addition to the workforce at the mine Ekati Dominion retain office in Yellowknife to provide control over key production areas.
http://www.feedage.com/feeds/23910343/wedding-pearl-jewelry-bridal-pearl-necklace
The move will be completed by the middle of 2017, through which the company expects to achieve annual savings of approximately 19 million Canadian dollars.
In this case, Dominion announced its commitment to continue uninterrupted current operations Ekati mine (Ekati), including drafting Jay (Jay).
Office move will affect about one hundred employees based in the Northwest Territories. Most of the company's workforce, most of whom are residents of the North of Canada, will continue to work there. In addition to the workforce at the mine Ekati Dominion retain office in Yellowknife to provide control over key production areas.
http://www.feedage.com/feeds/23910343/wedding-pearl-jewelry-bridal-pearl-necklace
Firestone Diamonds made a profit after tax of $ 13.6 million for the fiscal year that ended June 30, 2016, compared with a loss of $ 10.4 million a year earlier.
The Firestone noted that the main factor of such indicators was the tax credit in the amount of $ 22.6 million in the current year, which take into account the tax losses carried forward in previous years.
"Thus, the loss before tax is a more appropriate comparison of the financial performance of the Group for the year when losses were reduced by $ 1.4 million to $ 9.0 million (compared with the previous loss of $ 10.4 million)," - added to the company .
The Group has received income from the sale of diamonds, as it still continues to develop the project Likhobong (Liqhobong) in Lesotho.
The company said that the mine project is now nearing completion.
"Our goal is to ensure that the construction project will be completed in the fourth quarter of 2016 within the original budget of $ 185.4 million at the end of the year the group continued to pursue this goal, reaching 85% of the readiness of the project.", - concluded in the Firestone.
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The Firestone noted that the main factor of such indicators was the tax credit in the amount of $ 22.6 million in the current year, which take into account the tax losses carried forward in previous years.
"Thus, the loss before tax is a more appropriate comparison of the financial performance of the Group for the year when losses were reduced by $ 1.4 million to $ 9.0 million (compared with the previous loss of $ 10.4 million)," - added to the company .
The Group has received income from the sale of diamonds, as it still continues to develop the project Likhobong (Liqhobong) in Lesotho.
The company said that the mine project is now nearing completion.
"Our goal is to ensure that the construction project will be completed in the fourth quarter of 2016 within the original budget of $ 185.4 million at the end of the year the group continued to pursue this goal, reaching 85% of the readiness of the project.", - concluded in the Firestone.
http://www.feedlisting.com/rss-feed-url/898215.html
The group, calling itself "Women diamond industry" (Brilliant Women), held its second meeting in Bogota to analyze the role of women in the jewelry industry, according to the World Jewelry Center (World Jewelry Hub, WJH) in Panama.
Movement led by Ali Pastorini (Ali Pastorini), senior vice president WJH, unites women jewelers and entrepreneurs who want to establish themselves in the world of jewelry. Among them, mainly representatives of the Latin American countries, but also in Turkey, Russia, Italy, Romania and Israel.
"Our first meeting was to show women that they are not alone and that we must have a voice and tell the world about the importance of women in the leadership of the industry in which the majority of consumers - women," - Pastorini said.
According to her, the purpose of the meeting in the capital of Colombia, was to show the world that women can provide for themselves in the industry. It was also an opportunity to discuss current business issues with a focus on strategic communications and market share knowledge and information about consumers.
The meeting was chaired Pastorini and Vice-President of Panama Diamond Exchange (Diamond Exchange Panama) Dzhudi Meana (Judy Meana). Both women for the first time in the history of the world's diamond bourses in leadership positions.
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Movement led by Ali Pastorini (Ali Pastorini), senior vice president WJH, unites women jewelers and entrepreneurs who want to establish themselves in the world of jewelry. Among them, mainly representatives of the Latin American countries, but also in Turkey, Russia, Italy, Romania and Israel.
"Our first meeting was to show women that they are not alone and that we must have a voice and tell the world about the importance of women in the leadership of the industry in which the majority of consumers - women," - Pastorini said.
According to her, the purpose of the meeting in the capital of Colombia, was to show the world that women can provide for themselves in the industry. It was also an opportunity to discuss current business issues with a focus on strategic communications and market share knowledge and information about consumers.
The meeting was chaired Pastorini and Vice-President of Panama Diamond Exchange (Diamond Exchange Panama) Dzhudi Meana (Judy Meana). Both women for the first time in the history of the world's diamond bourses in leadership positions.
http://www.feedlisting.com/rss-feed-url/898216.html
Chair of the Kimberley Process (KP) from the UAE Ahmed Bin Sulayem (Ahmed Bin Sulayem) visited Armenia for talks with President Serzh Sargsyan. Bin Sulayem also addressed the annual congress of the World Jewelery Confederation (CIBJO) on 26 October.
"For decades, the sector of Armenia precious metals known for their high quality and reputation, and as one of the first members of the CP country for many years played a key role in strengthening the global initiative - said Bin Sulayem -. I had the honor to meet with President Sargsyan and discuss with it the development of the diamond industry in Armenia, as well as how the country can continue to play a deeper role in the KP. over the past year we have worked hard to attract many participants in the KP because we firmly We believe that there is still much that can be done to increase the viability of the initiative in order to increase its value to all participants. "
In his address to the Congress of the World Jewelery Confederation Bin Sulayem addressed to leading personas, organizations and companies in the industry of precious stones and jewelry, as well as spoke about the importance of Armenia for the diamond industry and the important role the country plays in supporting KP's mandate.
http://www.feedlisting.com/rss-feed-url/898217.html
Chair of the Kimberley Process (KP) from the UAE Ahmed Bin Sulayem (Ahmed Bin Sulayem) visited Armenia for talks with President Serzh Sargsyan. Bin Sulayem also addressed the annual congress of the World Jewelery Confederation (CIBJO) on 26 October.
"For decades, the sector of Armenia precious metals known for their high quality and reputation, and as one of the first members of the CP country for many years played a key role in strengthening the global initiative - said Bin Sulayem -. I had the honor to meet with President Sargsyan and discuss with it the development of the diamond industry in Armenia, as well as how the country can continue to play a deeper role in the KP. over the past year we have worked hard to attract many participants in the KP because we firmly We believe that there is still much that can be done to increase the viability of the initiative in order to increase its value to all participants. "
In his address to the Congress of the World Jewelery Confederation Bin Sulayem addressed to leading personas, organizations and companies in the industry of precious stones and jewelry, as well as spoke about the importance of Armenia for the diamond industry and the important role the country plays in supporting KP's mandate.
http://www.feedlisting.com/rss-feed-url/898218.html
"For decades, the sector of Armenia precious metals known for their high quality and reputation, and as one of the first members of the CP country for many years played a key role in strengthening the global initiative - said Bin Sulayem -. I had the honor to meet with President Sargsyan and discuss with it the development of the diamond industry in Armenia, as well as how the country can continue to play a deeper role in the KP. over the past year we have worked hard to attract many participants in the KP because we firmly We believe that there is still much that can be done to increase the viability of the initiative in order to increase its value to all participants. "
In his address to the Congress of the World Jewelery Confederation Bin Sulayem addressed to leading personas, organizations and companies in the industry of precious stones and jewelry, as well as spoke about the importance of Armenia for the diamond industry and the important role the country plays in supporting KP's mandate.
http://www.feedlisting.com/rss-feed-url/898218.html
Executive Director of the Council for Responsible Jewelry practice (Responsible Jewellery Council, RJC) Endryu Boun (Andrew Bone) in the past two months, visited centers jewelery industry in India, Hong Kong, Singapore and Armenia, according to a press release RJC.
He also attended the annual meeting of the World Diamond Council (World Diamond Council) in New York. First stop Bouna occurred in Hong Kong, where he concentrated on strengthening the relationship with this emerging market.
Head of the RJC in India Kindzhal Shah (Kinjal Shah) arranged for Bouna various key meetings in the country, including the GJEPC, Indian Diamond Exchange (Bharat Diamond Bourse, BDB) and respected members of the RJC.
"The RJC Membership in India continues to grow, and we encourage the implementation of the Code of Practice through trade, cutting and jewelry production", - said Bone.
On the LBMA's annual conference in Singapore to Bown Wilfred joined Horner (Wilfried Hoerner), Regional Chairman RJC. Bone said: "RJC first presented at this key conference This allowed a further strengthening of the RJC profile in these vital sectors.".
Bone also presented an overview of the achievements of RJC and joined the CIBJO Congress opened discussions with prominent representatives of the industry.
http://www.feedlisting.com/rss-feed-url/898219.html
He also attended the annual meeting of the World Diamond Council (World Diamond Council) in New York. First stop Bouna occurred in Hong Kong, where he concentrated on strengthening the relationship with this emerging market.
Head of the RJC in India Kindzhal Shah (Kinjal Shah) arranged for Bouna various key meetings in the country, including the GJEPC, Indian Diamond Exchange (Bharat Diamond Bourse, BDB) and respected members of the RJC.
"The RJC Membership in India continues to grow, and we encourage the implementation of the Code of Practice through trade, cutting and jewelry production", - said Bone.
On the LBMA's annual conference in Singapore to Bown Wilfred joined Horner (Wilfried Hoerner), Regional Chairman RJC. Bone said: "RJC first presented at this key conference This allowed a further strengthening of the RJC profile in these vital sectors.".
Bone also presented an overview of the achievements of RJC and joined the CIBJO Congress opened discussions with prominent representatives of the industry.
http://www.feedlisting.com/rss-feed-url/898219.html
The NGO CENADEP, a member of the Coalition of Civil Society (Civil Society Coalition), said it is still boycotting the Kimberley Process (KP), despite claims that she will attend the plenary session of the organization in Dubai, starting on 13 November.
Ahmed Bin Sulayem (Ahmed Bin Sulayem), the chairman of the KP in 2016 by the United Arab Emirates (UAE), said on October 22 that the organization CENADEP will attend the meeting, referring to a letter he received from the Alberta Kabuyi Muyebala (Albert Kabuya Muyebal) , representative CENADEP in KP.
Civil society boycotted the chairmanship of UAE in the CP due to the inability of the country to solve the problems with its trade in rough diamonds, such as the overestimation of the re-export of diamonds and the lack of interaction with the coalition. Bin Sulayem recently appealed to civil society to attend the plenary session, outlining the efforts made to respond to the concerns of the coalition.
http://digg.com/u/jetjewelry
The Kimberley Diamonds reported that a deal to sell the diamonds, concluded its subsidiary Lerala Diamond Mines and the company Capital Diamonds, it has not been closed.
The company said that it is currently looking for a new buyer for its diamonds from the mine Lera (Lerala) in Botswana.
"Today, Capital Diamonds failed to pay the first installment of the diamond, which it has agreed to buy the contract, despite numerous written representations to the transfer of funds, as well as a written promise of payment without any further delay", - said the Kimberley.
The diamond mining company also noted that the Capital Diamonds sent notice of non-payment of the first installment of the stones. The buyer was required to pay the parcel of diamonds is not later than the 28th of October.
However, such payment has not been received, and now Capital Diamonds failed to comply with the financial obligations for the first batch of diamonds.
Kimberley said he now intends to sell the first batch of diamonds through the forthcoming tender, as well as to file a lawsuit against Capital Diamonds for damages and the false representation.
http://digg.com/u/jetjewelry
The company said that it is currently looking for a new buyer for its diamonds from the mine Lera (Lerala) in Botswana.
"Today, Capital Diamonds failed to pay the first installment of the diamond, which it has agreed to buy the contract, despite numerous written representations to the transfer of funds, as well as a written promise of payment without any further delay", - said the Kimberley.
The diamond mining company also noted that the Capital Diamonds sent notice of non-payment of the first installment of the stones. The buyer was required to pay the parcel of diamonds is not later than the 28th of October.
However, such payment has not been received, and now Capital Diamonds failed to comply with the financial obligations for the first batch of diamonds.
Kimberley said he now intends to sell the first batch of diamonds through the forthcoming tender, as well as to file a lawsuit against Capital Diamonds for damages and the false representation.
http://digg.com/u/jetjewelry
Comparable store sales jeweler Luk Fook increased its quarterly decline, a decline of 37% in a decrease in sales of gold products compared to the high base in the background of the "passive" attitude of consumers.
Product sales of gold from the retailer fell by 47% in the second fiscal quarter, which ended 30 September. To reduce the negative impact of the base effect due to "a small gold rush" a year ago, and the relatively high price of this quarter. Revenues from products made of gold fell by 49% in Hong Kong and Macau, compared to a decline of 30% in mainland China.
Sales of diamond jewelry as a whole fell by 14%, while sales decreased by 3% in mainland China and 14% in Hong Kong and Macau.
Overall comparable retail sales decreased by 23% in mainland China and 39% in Hong Kong and Macau. Tridtsatisemiprotsentnoe drop in sales for the group follows a 24 percent decrease in their in the first fiscal quarter. However, the drop in comparable store growth of revenues from sales of jewelry with precious stones slowed reported Luk Fook.
https://del.icio.us/pearlsonline
Product sales of gold from the retailer fell by 47% in the second fiscal quarter, which ended 30 September. To reduce the negative impact of the base effect due to "a small gold rush" a year ago, and the relatively high price of this quarter. Revenues from products made of gold fell by 49% in Hong Kong and Macau, compared to a decline of 30% in mainland China.
Sales of diamond jewelry as a whole fell by 14%, while sales decreased by 3% in mainland China and 14% in Hong Kong and Macau.
Overall comparable retail sales decreased by 23% in mainland China and 39% in Hong Kong and Macau. Tridtsatisemiprotsentnoe drop in sales for the group follows a 24 percent decrease in their in the first fiscal quarter. However, the drop in comparable store growth of revenues from sales of jewelry with precious stones slowed reported Luk Fook.
https://del.icio.us/pearlsonline
A stable macroeconomic environment and a sharp drop in gold prices has led to about a 25-percent increase in jewelry sales at the festival of Diwali in India as compared to the previous year.
Although the price of gold over the festive period Danteras this year were slightly higher than in the past, they could not spoil the mood of buyers. The experts explained that although gold prices were higher year on year, a day Danteras they decreased compared to the last few months.
One of the main trends this year is the fact that antique or traditional gold jewelry again in demand in the Indian market. Diamond jewelry showed brisk sales this year. This pattern was observed across the country.
This year, consumers were inclined to buy gold jewelry, not limited to the usual souvenirs Danteras. Jewelers also regained a positive attitude because of stability in terms of overall business environment, and also because of the expectations of a reliable business after a weak first half of the year.
Over the past few months on the jewelry demand in India has been weak due to volatile gold prices and in view of the short jewelers strike.
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Russian Gokhran in the future may consider selling diamonds on the site "Eurasian Trade Center" in Vladivostok, opened in September Alrosa, he said in an interview with RIA Novosti head of the Ministry Andrei Yurin.
"The new trading platform in Vladivostok has yet to how to get stronger and earn in full force. Rough diamond sales from the State Fund of Russia, including the foreign market we carry through the "Almazuvelirexport". And while their best conducted in Moscow, where he debugged the sorting mechanism, complete lots of impressions of the bidders, "- said Jurin.
According to him, the opening of the "Eurasian Trade Center" in Vladivostok - the event, the effect of which it is possible to evaluate in the coming years. The diamond market is gradually reoriented in the Far Eastern region, where today are concentrated the main producers and consumers of diamonds.
"Our task now is to division of Gokhran of Russia on the implementation of state control over import to the Russian Federation from States that are not members of the Eurasian Economic Union, and export from the Russian Federation in the state gemstone work as quickly and accurately to the enterprise sector could freely develop their business, "- said Jurin.
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"The new trading platform in Vladivostok has yet to how to get stronger and earn in full force. Rough diamond sales from the State Fund of Russia, including the foreign market we carry through the "Almazuvelirexport". And while their best conducted in Moscow, where he debugged the sorting mechanism, complete lots of impressions of the bidders, "- said Jurin.
According to him, the opening of the "Eurasian Trade Center" in Vladivostok - the event, the effect of which it is possible to evaluate in the coming years. The diamond market is gradually reoriented in the Far Eastern region, where today are concentrated the main producers and consumers of diamonds.
"Our task now is to division of Gokhran of Russia on the implementation of state control over import to the Russian Federation from States that are not members of the Eurasian Economic Union, and export from the Russian Federation in the state gemstone work as quickly and accurately to the enterprise sector could freely develop their business, "- said Jurin.
http://www.feedlisting.com/rss-feed-url/898214.html
Wednesday, June 7, 2017
Potential buyers will now be able to view the diamond
Sierra Leone has postponed the sale of rough diamonds weighing 709.41 carats, found in the last month to local miner prospector to give bidders more time to participate in the auction.
Portal Rapaport reports that potential buyers will now be able to view the diamond until May 10 at the Bank of Sierra Leone in Freetown.
Previously it was assumed that the scan process will be completed on 6 April.
The Government stated that on 11 May customers will be required to submit their proposals for the price, adding that applications will be received and dealt with on the same day.
Stone found Pastor Emmanuel A. Momohom was previously submitted to the President of Sierra Leone.
Diamond weighing 969 carats, was found in 1973 on the mine Diminko (Diminco), was the largest ever produced in the country.
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Portal Rapaport reports that potential buyers will now be able to view the diamond until May 10 at the Bank of Sierra Leone in Freetown.
Previously it was assumed that the scan process will be completed on 6 April.
The Government stated that on 11 May customers will be required to submit their proposals for the price, adding that applications will be received and dealt with on the same day.
Stone found Pastor Emmanuel A. Momohom was previously submitted to the President of Sierra Leone.
Diamond weighing 969 carats, was found in 1973 on the mine Diminko (Diminco), was the largest ever produced in the country.
https://del.icio.us/pearlsonline
As expected, the exhibition in the middle of the year will stimulate trade in precious stones and jewelry
Thai government agencies, members of the Thai Association of dealers in precious stones and jewelery (Thai Gem and Jewelry Traders Association, TGJTA) and the presidents of jewelery associations in the region of the Association of Southeast Asian Nations (ASEAN) gathered in Thailand to promote the upcoming Thai jewelery fair (Thailand Gems & Jewelry Fair) in June.
Representatives of various associations segment of gems and jewelry from China, India, Hong Kong, Malaysia and Myanmar met to demonstrate that foreign associations and their members fully support the fair, which will go to Bangkok in the middle of the year.
"We are honored to welcome today our friends from China, India, Hong Kong, Malaysia, and Myanmar, who are showing their support for fair Thai gems and jewelry in 2017", - said Sattipong Damrongsakul (Suttipong Damrongsakul), President of the TGJTA. "We hope to strengthen the fruitful relationship between our associations and members, as well as to promote further cooperation between our industry and our country in the near future. I believe that together we can make the organization of ASEAN + 6 strong base for production and trade in jewels," - he added.
In the industry of gems and jewelry in Thailand more than a million people are employed, with exports in this category in 2016 was $ 14.25 billion, which is 29.6 percent more than in the previous year, according to TGJTA. As expected, the exhibition in the middle of the year will stimulate trade in precious stones and jewelry both in the domestic and export markets.
The event will be held June 15-18 in Bangkok.
https://del.icio.us/pearlsonline
Representatives of various associations segment of gems and jewelry from China, India, Hong Kong, Malaysia and Myanmar met to demonstrate that foreign associations and their members fully support the fair, which will go to Bangkok in the middle of the year.
"We are honored to welcome today our friends from China, India, Hong Kong, Malaysia, and Myanmar, who are showing their support for fair Thai gems and jewelry in 2017", - said Sattipong Damrongsakul (Suttipong Damrongsakul), President of the TGJTA. "We hope to strengthen the fruitful relationship between our associations and members, as well as to promote further cooperation between our industry and our country in the near future. I believe that together we can make the organization of ASEAN + 6 strong base for production and trade in jewels," - he added.
In the industry of gems and jewelry in Thailand more than a million people are employed, with exports in this category in 2016 was $ 14.25 billion, which is 29.6 percent more than in the previous year, according to TGJTA. As expected, the exhibition in the middle of the year will stimulate trade in precious stones and jewelry both in the domestic and export markets.
The event will be held June 15-18 in Bangkok.
https://del.icio.us/pearlsonline
Will continue to operate under their current brand names
Diamonds Direct acquired company Distinctive Diamonds and Global Diamonds, making jewelry retailer now has a network of 14 stores, according to National Jeweler.
Two stores owned Distinctive Diamonds, and two other boutique - Global Diamonds.
Currently, all four stores will continue to operate under their current brand names. Employees in all four stores will be merged with the staff of Diamonds Direct, with a focus on "the perception of the way Diamonds Direct», the company said.
Less than a year ago, the company announced that it is buying the Dallas jewelry retailer Diamond Doctor, which now operates under the guise of Diamonds Direct.
Diamonds Direct Company took 44th place in the list of the 50 largest jewelry retailers in North America in 2016 according to the National Jeweler. Indicators are measured at the end of 2015.
Diamonds Direct chain of stores was founded in 1995.
https://del.icio.us/pearlsonline
Two stores owned Distinctive Diamonds, and two other boutique - Global Diamonds.
Currently, all four stores will continue to operate under their current brand names. Employees in all four stores will be merged with the staff of Diamonds Direct, with a focus on "the perception of the way Diamonds Direct», the company said.
Less than a year ago, the company announced that it is buying the Dallas jewelry retailer Diamond Doctor, which now operates under the guise of Diamonds Direct.
Diamonds Direct Company took 44th place in the list of the 50 largest jewelry retailers in North America in 2016 according to the National Jeweler. Indicators are measured at the end of 2015.
Diamonds Direct chain of stores was founded in 1995.
https://del.icio.us/pearlsonline
Processing ores with a high content of diamond
ALROSA Group on Thursday released its production results and preliminary results of sales for the I quarter 2017.
Diamond mining group Alrosa in the I quarter 2017 amounted to 8.9 million carats, an increase of 9% compared to the same period last year, according to the plan of production for 2017 to 39.2 million carats (+ 5% in 2016) . Production growth due to increase in underground mines diamond tubes "Aikhal", "World", "International", "Successful" and increasing amounts of processing ores with a high content of diamond with a tube "Anniversary".
According to preliminary data, the volume of the Group's Alrosa diamond sales in I quarter of 2017 amounted to 14.1 million carats, including 11.0 million carats of gem-quality diamonds at an average price of $ 117 / carat and 3.1 million carats of technical quality diamonds at an average price $ 7 / carat. Revenues for the I quarter 2017 diamond sales amounted to at least $ 1.309 billion. Revenue from the sale of diamonds amounted to at least $ 32 million over the period.
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Diamond mining group Alrosa in the I quarter 2017 amounted to 8.9 million carats, an increase of 9% compared to the same period last year, according to the plan of production for 2017 to 39.2 million carats (+ 5% in 2016) . Production growth due to increase in underground mines diamond tubes "Aikhal", "World", "International", "Successful" and increasing amounts of processing ores with a high content of diamond with a tube "Anniversary".
According to preliminary data, the volume of the Group's Alrosa diamond sales in I quarter of 2017 amounted to 14.1 million carats, including 11.0 million carats of gem-quality diamonds at an average price of $ 117 / carat and 3.1 million carats of technical quality diamonds at an average price $ 7 / carat. Revenues for the I quarter 2017 diamond sales amounted to at least $ 1.309 billion. Revenue from the sale of diamonds amounted to at least $ 32 million over the period.
https://del.icio.us/pearlsonline
Polished diamond imports to the US fell 15%
According to government data, in February this year, polished diamond imports to the US fell 15% to $ 1.49 billion.
Polished imports by weight fell by 18% to 635,000 carats as the average price rose by 3%, to $ 2345 per carat. Polished exports fell 11% to $ 1.75 billion, while net imports fell to minus $ 257 million compared to minus $ 214 million in the same period a year earlier.
Exports to Hong Kong in the reporting period amounted to $ 633.1 million against the imports of $ 62.4 million, which affected the net import figures.
Rough imports in the United States grew 14% $ 50 million, while diamond exports jumped by 37% to $ 31 mn. Net US import diamond decreased by 10% to $ 20 Mill.
The balance of the diamond trade, which reflects the difference between the net import and export of decreased to minus $ 237 million, while it amounted to an additional $ 192 million. in February 2015
Meanwhile, fell 14% in the first two months of the year, polished diamond imports to the US, to $ 3.25 billion and polished exports fell 13% to $ 2.99 billion, while net imports fell 24% to $ 261 million.
in January and February, imports of rough diamonds in the US yros 90% of $ 170 million, while rough exports jumped 78% to $ 86 million. Net imports of diamonds in the US grew to $ 84 million versus $ 41 million a year earlier.
The balance of the diamond trade declined by 10% q $ 345 million.
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Polished imports by weight fell by 18% to 635,000 carats as the average price rose by 3%, to $ 2345 per carat. Polished exports fell 11% to $ 1.75 billion, while net imports fell to minus $ 257 million compared to minus $ 214 million in the same period a year earlier.
Exports to Hong Kong in the reporting period amounted to $ 633.1 million against the imports of $ 62.4 million, which affected the net import figures.
Rough imports in the United States grew 14% $ 50 million, while diamond exports jumped by 37% to $ 31 mn. Net US import diamond decreased by 10% to $ 20 Mill.
The balance of the diamond trade, which reflects the difference between the net import and export of decreased to minus $ 237 million, while it amounted to an additional $ 192 million. in February 2015
Meanwhile, fell 14% in the first two months of the year, polished diamond imports to the US, to $ 3.25 billion and polished exports fell 13% to $ 2.99 billion, while net imports fell 24% to $ 261 million.
in January and February, imports of rough diamonds in the US yros 90% of $ 170 million, while rough exports jumped 78% to $ 86 million. Net imports of diamonds in the US grew to $ 84 million versus $ 41 million a year earlier.
The balance of the diamond trade declined by 10% q $ 345 million.
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We would like to become the main bank for doing business
Sberbank hopes to begin funding direct gold shipments from Russia to India, he said in an interview with The Free Press Journal managing director of the Indian subsidiary of the Russian bank Alexei Kechko.
"We believe that the year we could easily import (from Russia) in India gold worth $ 1.5 billion, as India is a major importer of gold. Russia is a major producer of gold (it has one of the largest gold resources in the world) . India imports gold from other countries, which, in turn, receive it from other mines, thereby increasing costs due to compliance and margin ", - he added.
Kechko also said that direct gold trade between India and Russia will be very beneficial to both countries. "We hope to sign the deal by September or October this year, we are also exploring the possibility of entering into the gold loan sector." - he continues.
Kechko also said that Sberin, "daughter" Savings Bank in India, would like to fund more of the Indo-Russian joint projects. "We would like to become the main bank for doing business between India and the Russian Sberbank is financing the project for the extraction of coal in the amount of $ 600 million, which Tata Power is in the eastern part of Russia." - Kechko said.
Russian bank has received Indian license in 2010 and issued loans in the country since 2013. Unproductive assets of the bank jumped to 30% by 2016, so the emphasis has shifted to the financing of the Indo-Russian projects.
India is the second largest importer of gold in the world. The country imported gold worth $ 35 billion in 2015. However, precious metals imports to India fell in 2016.
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"We believe that the year we could easily import (from Russia) in India gold worth $ 1.5 billion, as India is a major importer of gold. Russia is a major producer of gold (it has one of the largest gold resources in the world) . India imports gold from other countries, which, in turn, receive it from other mines, thereby increasing costs due to compliance and margin ", - he added.
Kechko also said that direct gold trade between India and Russia will be very beneficial to both countries. "We hope to sign the deal by September or October this year, we are also exploring the possibility of entering into the gold loan sector." - he continues.
Kechko also said that Sberin, "daughter" Savings Bank in India, would like to fund more of the Indo-Russian joint projects. "We would like to become the main bank for doing business between India and the Russian Sberbank is financing the project for the extraction of coal in the amount of $ 600 million, which Tata Power is in the eastern part of Russia." - Kechko said.
Russian bank has received Indian license in 2010 and issued loans in the country since 2013. Unproductive assets of the bank jumped to 30% by 2016, so the emphasis has shifted to the financing of the Indo-Russian projects.
India is the second largest importer of gold in the world. The country imported gold worth $ 35 billion in 2015. However, precious metals imports to India fell in 2016.
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Our overall feeling is that the industry is too focused on sales and not on a real shopping experience
Italian jewelry fair VICENZAORO will make September 24 an international meeting «Mujeres Brillantes» ( «Radiant shine woman" in Spanish), about 500 representatives of the fair sex working in the gold trade sector and diamonds in South America, as well as from Turkey, Spain, Italy, Great Britain and Israel.
Mission «Mujeres Brillantes» is to help women in the sectors of the jewelry and watch industry to consolidate its business in order to exchange skills and experience. «Mujeres Brillantes» elected Italian group exhibition (Italian Exhibition Group, IEG) and VICENZAORO as a platform through a mutual vision of gender equality, respect and attention to women heads of jewelry companies.
«Mujeres Brillantes» formed their association in the second week of the diamond on the sidelines of the World Jewelry Center in Panama (World Jewelry Hub) for the exchange of experience and positioning itself as a united group in the jewelry industry.
"Our overall feeling is that the industry is too focused on sales and not on a real shopping experience, or other internal components. As women, we instinctively understand that the buying process has to be a special and intimate moment, that goes beyond the business transaction, "- says the president of« Mujeres Brillantes »Ali Pastorini (Ali Pastorini).
The aim of the group is not just their own campaigns, and the improvement of the marketing approach and offer a new look at the industry through the eyes of women, according to a press release «Mujeres Brillantes».
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Mission «Mujeres Brillantes» is to help women in the sectors of the jewelry and watch industry to consolidate its business in order to exchange skills and experience. «Mujeres Brillantes» elected Italian group exhibition (Italian Exhibition Group, IEG) and VICENZAORO as a platform through a mutual vision of gender equality, respect and attention to women heads of jewelry companies.
«Mujeres Brillantes» formed their association in the second week of the diamond on the sidelines of the World Jewelry Center in Panama (World Jewelry Hub) for the exchange of experience and positioning itself as a united group in the jewelry industry.
"Our overall feeling is that the industry is too focused on sales and not on a real shopping experience, or other internal components. As women, we instinctively understand that the buying process has to be a special and intimate moment, that goes beyond the business transaction, "- says the president of« Mujeres Brillantes »Ali Pastorini (Ali Pastorini).
The aim of the group is not just their own campaigns, and the improvement of the marketing approach and offer a new look at the industry through the eyes of women, according to a press release «Mujeres Brillantes».
http://www.feedlisting.com/rss-feed-url/898216.html
Swiss and Israeli law enforcement authorities to investigate
billionaire financier George Soros has been sued for $ 10 billion from BSG Resources Ltd. (BSGR), controlled by the Israeli diamond mining mogul Beni Steinmetz (Beny Steinmetz), Bloomberg reported.
The complaint is that because of the Soros BSGR lost exactly the same amount largely due to his deliberate defamation campaign that deprived Steinmetz mining rights to mine Simandu (Simandou) in Guinea, as well as in other locations.
BSGR says Soros organized a campaign against it, financing law firms, human rights groups, investigators and government officials in Guinea.
Swiss and Israeli law enforcement authorities to investigate and questioned Steinmetz on suspicion of bribing officials in order to obtain a share in Simandu. However, no charges have been filed against him.
BSGR and Steinmetz have lost their right to Simandu after the discovery of the Government of Guinea bribed with the help of millions of bribes, including in favor of Mamady Toure, the fourth wife of the former president of Guinea.
In its lawsuit BSGR maintains that Mamady Toure, complicit in this group, an adviser to President Alpha Conde was paid $ 50,000 and another $ 80,000 - from "an agent or affiliate of Soros."
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The complaint is that because of the Soros BSGR lost exactly the same amount largely due to his deliberate defamation campaign that deprived Steinmetz mining rights to mine Simandu (Simandou) in Guinea, as well as in other locations.
BSGR says Soros organized a campaign against it, financing law firms, human rights groups, investigators and government officials in Guinea.
Swiss and Israeli law enforcement authorities to investigate and questioned Steinmetz on suspicion of bribing officials in order to obtain a share in Simandu. However, no charges have been filed against him.
BSGR and Steinmetz have lost their right to Simandu after the discovery of the Government of Guinea bribed with the help of millions of bribes, including in favor of Mamady Toure, the fourth wife of the former president of Guinea.
In its lawsuit BSGR maintains that Mamady Toure, complicit in this group, an adviser to President Alpha Conde was paid $ 50,000 and another $ 80,000 - from "an agent or affiliate of Soros."
http://www.feedlisting.com/rss-feed-url/898217.html
Tuesday, June 6, 2017
Possibility of continuing the practice of payment of 50% of net profit
The Russian Finance Ministry will recommend to direct on dividends for 2016 half net profit of ALROSA for 2016, said the head of the Ministry Anton Siluanov, who is chairman of the supervisory board of the diamond monopoly.
"Fifty percent," - he told reporters, when asked what percentage of the profit of ALROSA Finance Ministry proposes to send the dividend.
The dividend policy of ALROSA expects to pay in the amount of 35% of net profit, but last year ALROSA for the first time transferred to shareholders of 50% - in line with the directive of the Government, set this threshold for all state-owned companies at the end of 2015. On the eve of the SPO, held in July 2016, the company's management and officials said the possibility of continuing the practice of payment of 50% of net profit.
Net profit of ALROSA under IFRS for 2016 amounted to 133.471 billion rubles, which is 4 times higher than a year earlier. Net cash flow rose by 2.7 times to 111.4 billion rubles.
In the Russian Federation, represented by the Federal Property Agency 33% stake in Alrosa, Yakutia owns 25% plus one share. Another 8% of the shares owned by the Yakut ulus. Free float ALROSA - about 34%. Among the major minority shareholders of ALROSA - American Funds Lazard, Oppenheimer and Capital Group.
ALROSA continues to discuss with the Federal Property Management Agency change the dividend policy and the dividend calculation is not of net profit under IFRS, and on cash flow, said in April, Vice President - Chief Financial Officer Igor Kulichik company.
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"Fifty percent," - he told reporters, when asked what percentage of the profit of ALROSA Finance Ministry proposes to send the dividend.
The dividend policy of ALROSA expects to pay in the amount of 35% of net profit, but last year ALROSA for the first time transferred to shareholders of 50% - in line with the directive of the Government, set this threshold for all state-owned companies at the end of 2015. On the eve of the SPO, held in July 2016, the company's management and officials said the possibility of continuing the practice of payment of 50% of net profit.
Net profit of ALROSA under IFRS for 2016 amounted to 133.471 billion rubles, which is 4 times higher than a year earlier. Net cash flow rose by 2.7 times to 111.4 billion rubles.
In the Russian Federation, represented by the Federal Property Agency 33% stake in Alrosa, Yakutia owns 25% plus one share. Another 8% of the shares owned by the Yakut ulus. Free float ALROSA - about 34%. Among the major minority shareholders of ALROSA - American Funds Lazard, Oppenheimer and Capital Group.
ALROSA continues to discuss with the Federal Property Management Agency change the dividend policy and the dividend calculation is not of net profit under IFRS, and on cash flow, said in April, Vice President - Chief Financial Officer Igor Kulichik company.
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More stability in terms of both diamonds and diamond jewelry
Namibia Diamond Trading Company (NDTC) reported that the sale of diamonds recovered last year after falling in 2015.
Diamond prices continue to rise this year, said CEO Sihaleni Njabu (Sihaleni Ndjaba) in an interview with The Namibian local newspaper.
"The situation is very healthy due to high demand," - he said, but did not provide specific figures.
Sales and marketing manager Eusebio Ndtc Brent (Brent Eiseb) said that the impact of the international economy in the diamond market is the key to its development.
According to him, the US market represents 40% to 45% of global demand. Also in 2015, the US diamond market grew by 4%, he added.
China, he said, also showed positive results, whereas in India are continuing problems.
According to Eusebius, the downturn in 2015 led to a "swelling inventories" NDTC customers, and this meant that they were unable to regularly buy rough diamonds from the company, because they have, and so it was an excessive amount of raw materials.
"In 2016, we have seen much more stability in terms of both diamonds and diamond jewelry. It was a record year in terms of sales through the beneficiation system.", - he said.
"We expect that 2017 will also be stable in terms of demand," - continues to Eusebio.
NDTC, reportedly sold rough diamonds worth $ 26 billion to local companies engaged in cutting and polishing, with the start of sales through the system of beneficiation in 2007.
http://www.feedlisting.com/rss-feed-url/898219.html
Diamond prices continue to rise this year, said CEO Sihaleni Njabu (Sihaleni Ndjaba) in an interview with The Namibian local newspaper.
"The situation is very healthy due to high demand," - he said, but did not provide specific figures.
Sales and marketing manager Eusebio Ndtc Brent (Brent Eiseb) said that the impact of the international economy in the diamond market is the key to its development.
According to him, the US market represents 40% to 45% of global demand. Also in 2015, the US diamond market grew by 4%, he added.
China, he said, also showed positive results, whereas in India are continuing problems.
According to Eusebius, the downturn in 2015 led to a "swelling inventories" NDTC customers, and this meant that they were unable to regularly buy rough diamonds from the company, because they have, and so it was an excessive amount of raw materials.
"In 2016, we have seen much more stability in terms of both diamonds and diamond jewelry. It was a record year in terms of sales through the beneficiation system.", - he said.
"We expect that 2017 will also be stable in terms of demand," - continues to Eusebio.
NDTC, reportedly sold rough diamonds worth $ 26 billion to local companies engaged in cutting and polishing, with the start of sales through the system of beneficiation in 2007.
http://www.feedlisting.com/rss-feed-url/898219.html
Traditional jewelery from India could promote and sell all over the world
HK HUB, ultramodern plant Hari Krishna Exports Pvt. Ltd., well-known and respectable company in the Indian diamond and jewelry industry, was inaugurated by the Prime Minister of India, Narendra Modi in Surat in the Monday, April 17, 2017. Also at the event was attended by Vijay rupani (Vijay Rupani), the Chief Minister of Gujarat, Nitin Patel (Nitin Patel), the Deputy Chief Minister of Gujarat and Anandiben Patel (Anandiben Patel), a former chief minister of the state.
In the presence of more than 20 000 people, including guests and employees, Narendra Modi cut the ceremonial ribbon and opened the new plant, which is the perfect combination of "man and machine", said Hari Krishna. He also planted a ceremonial "tree of progress."
Speaking on the occasion, Narendra Modi paid tribute to the contribution of the late Prime Minister Morarji Desai and based on which he laid for economic development. He also recalled the merits of the late Sardar Patel Vallabhbaya for a united India, that thrives today.
Referring to the Indian diamond and jewelry industry, Modi said the industry should promote the "Made in India" (Designed in India) and "Made in India" (Make in India), to traditional jewelery from India could promote and sell all over the world . He added that Gujarat to become the leading region in this regard, not only in India but all over the world.
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In the presence of more than 20 000 people, including guests and employees, Narendra Modi cut the ceremonial ribbon and opened the new plant, which is the perfect combination of "man and machine", said Hari Krishna. He also planted a ceremonial "tree of progress."
Speaking on the occasion, Narendra Modi paid tribute to the contribution of the late Prime Minister Morarji Desai and based on which he laid for economic development. He also recalled the merits of the late Sardar Patel Vallabhbaya for a united India, that thrives today.
Referring to the Indian diamond and jewelry industry, Modi said the industry should promote the "Made in India" (Designed in India) and "Made in India" (Make in India), to traditional jewelery from India could promote and sell all over the world . He added that Gujarat to become the leading region in this regard, not only in India but all over the world.
http://www.feedlisting.com/rss-feed-url/898222.html
Thanks to the application for the reorganization of a business
The Rockwell Diamonds said that the High Court of South Africa has appointed to its subsidiary Rockwell Resources RSA, HC van Wyk Diamonds and mine Saksandrift (Saxendrift) provisional liquidators. Meanwhile, the company will retain control of the firm.
According to the miner, the three companies continue to operate, and the staff continues to work.
Late last month, Rockwell promptly filed a petition in the Court Kimberley in South Africa on the transfer to a closer deadline date of consideration of the case on the Elimination of its subsidiaries, the excited C-Rock Mining. In this March 23, 2017 the case was made an interim order on the Elimination of firms.
Final hearing date was originally scheduled for June 22, 2017, but on the basis of an application for urgent consideration of the case, it was postponed to April 12, 2017.
Listening, however, it was postponed until today (April 19) due to the fact that the High Court Kimberly is currently on vacation.
Meanwhile, in Rockwell announced the submission of applications for the business reorganization.
"Thanks to the application for the reorganization of a business, any decision to liquidate is automatically linked," - said in a statement.
"In the case of a successful filing for reorganization of business applications will be assigned to a specialist in rehabilitation, which will work with the company for restructuring cases, search of deposits and the consent of the creditors, as well as the review of strategic alternatives," - added to Rockwell.
Rockwell shares trade on the TSX Exchange has been suspended in anticipation of a possible delisting. In addition, the company voluntarily appealed to the JSE Stock Exchange, to trade its shares on it and stopped.
TSX intends to consider the possibility of delisting at the end of the final hearing on the application for liquidation.
http://www.feedlisting.com/rss-feed-url/898220.html
According to the miner, the three companies continue to operate, and the staff continues to work.
Late last month, Rockwell promptly filed a petition in the Court Kimberley in South Africa on the transfer to a closer deadline date of consideration of the case on the Elimination of its subsidiaries, the excited C-Rock Mining. In this March 23, 2017 the case was made an interim order on the Elimination of firms.
Final hearing date was originally scheduled for June 22, 2017, but on the basis of an application for urgent consideration of the case, it was postponed to April 12, 2017.
Listening, however, it was postponed until today (April 19) due to the fact that the High Court Kimberly is currently on vacation.
Meanwhile, in Rockwell announced the submission of applications for the business reorganization.
"Thanks to the application for the reorganization of a business, any decision to liquidate is automatically linked," - said in a statement.
"In the case of a successful filing for reorganization of business applications will be assigned to a specialist in rehabilitation, which will work with the company for restructuring cases, search of deposits and the consent of the creditors, as well as the review of strategic alternatives," - added to Rockwell.
Rockwell shares trade on the TSX Exchange has been suspended in anticipation of a possible delisting. In addition, the company voluntarily appealed to the JSE Stock Exchange, to trade its shares on it and stopped.
TSX intends to consider the possibility of delisting at the end of the final hearing on the application for liquidation.
http://www.feedlisting.com/rss-feed-url/898220.html
Online seminar will cover topics
Jewelers Mutual Insurance Co. conducts this month webinar to help jewelry businesses improve their security, according to National Jeweler.
". It is important to trust your instincts when assessing the risk, which may be one or another individual Careful observation and constant adherence to correct recommendations regarding security can significantly help to ensure security of your store," - said vice-president for loss prevention Jewelers Mutual David Sexton (David Sexton).
Online seminar will cover topics such as hiring security guards, the choice of windows, surveillance cameras, safes, alarm systems, locking door bells and traps for thieves.
It also will focus on tips that will identify a potential thief. According to Jewelers Mutual, jewelry thieves often exhibit behavior that issues them, and retailers, who know what to look for, are more likely to identify the thief, and to anticipate their behavior.
Webinar on Security held on Thursday April 20th.
http://www.feedlisting.com/rss-feed-url/898224.html
". It is important to trust your instincts when assessing the risk, which may be one or another individual Careful observation and constant adherence to correct recommendations regarding security can significantly help to ensure security of your store," - said vice-president for loss prevention Jewelers Mutual David Sexton (David Sexton).
Online seminar will cover topics such as hiring security guards, the choice of windows, surveillance cameras, safes, alarm systems, locking door bells and traps for thieves.
It also will focus on tips that will identify a potential thief. According to Jewelers Mutual, jewelry thieves often exhibit behavior that issues them, and retailers, who know what to look for, are more likely to identify the thief, and to anticipate their behavior.
Webinar on Security held on Thursday April 20th.
http://www.feedlisting.com/rss-feed-url/898224.html
Antwerp diamond trade and outlined in the 2017-2018 years
ALROSA delegation, headed by company president Sergeem Ivanovym, is on a working visit in Antwerp, the diamond capital of Belgium. This was reported in a Tuesday press release.
Sergei Ivanov visited the AWDC (Antwerp World Diamond Centre, AWDC) , where he held talks on further development of bilateral cooperation between ALROSA and the AWDC, during which, among other things, the possibility of the company's participation in the events dedicated to the 570 anniversary of the Antwerp diamond trade and outlined in the 2017-2018 years. Held a meeting with the leadership of the diamond exchange Beurs Voor Diamanthandel.
http://www.feedlisting.com/rss-feed-url/898225.html
Sergei Ivanov visited the AWDC (Antwerp World Diamond Centre, AWDC) , where he held talks on further development of bilateral cooperation between ALROSA and the AWDC, during which, among other things, the possibility of the company's participation in the events dedicated to the 570 anniversary of the Antwerp diamond trade and outlined in the 2017-2018 years. Held a meeting with the leadership of the diamond exchange Beurs Voor Diamanthandel.
http://www.feedlisting.com/rss-feed-url/898225.html
May decide to consolidate assets in order to optimize the Company
Alrosa can consolidate JSC "ALROSA-Nyurba" after the completion of the purchase of Yakutia have a 10% stake. This opinion, as reported by the press service of the government of Yakutia, the head of the republic Egor Borisov said in an interview with national media.
"ALROSA may decide to consolidate assets in order to optimize the Company due to this enhanced, and we support it in this.." ALROSA-Nyurba "can be simply eliminated," - he said. "B" ALROSA-Nyurba "a few dozen people working on today, no production do not lead, no one carat diamonds are not mined Paper, office and license -. That's all they have," - said E.Borisov.
Yakutia is considering the sale of 10% shares of "ALROSA-Nyurba". Alrosa in the case of the purchase of 10% of "ALROSA-Nyurba" in Yakutia will bring its stake to 97.47% of the shares, and, according to the law on joint stock companies, direct minority "ALROSA-Nyurba" mandatory offer to buy out their shares.
E.Borisov said that Yakutia expects to sell its stake in "ALROSA-Nyurba" no later than this fall. "Closer to the annual meeting, by the autumn, when the stock can rise in price by the company's performance for the year, we plan to implement them," - he said.
The head of Yakutia said that the sale of shares in "ALROSA-Nyurba" "from the point of view of economics and finance is beneficial for the country." "We need to understand that stocks losing value, you can even lose this enterprise risks in relation to." ALROSA-Nyurba "very large", - he said.
http://www.feedage.com/feeds/23910343/wedding-pearl-jewelry-bridal-pearl-necklace
"ALROSA may decide to consolidate assets in order to optimize the Company due to this enhanced, and we support it in this.." ALROSA-Nyurba "can be simply eliminated," - he said. "B" ALROSA-Nyurba "a few dozen people working on today, no production do not lead, no one carat diamonds are not mined Paper, office and license -. That's all they have," - said E.Borisov.
Yakutia is considering the sale of 10% shares of "ALROSA-Nyurba". Alrosa in the case of the purchase of 10% of "ALROSA-Nyurba" in Yakutia will bring its stake to 97.47% of the shares, and, according to the law on joint stock companies, direct minority "ALROSA-Nyurba" mandatory offer to buy out their shares.
E.Borisov said that Yakutia expects to sell its stake in "ALROSA-Nyurba" no later than this fall. "Closer to the annual meeting, by the autumn, when the stock can rise in price by the company's performance for the year, we plan to implement them," - he said.
The head of Yakutia said that the sale of shares in "ALROSA-Nyurba" "from the point of view of economics and finance is beneficial for the country." "We need to understand that stocks losing value, you can even lose this enterprise risks in relation to." ALROSA-Nyurba "very large", - he said.
http://www.feedage.com/feeds/23910343/wedding-pearl-jewelry-bridal-pearl-necklace
Equipment and technology available to identify synthetic diamonds
Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) and the Committee on the Monitoring of Natural Diamonds (Natural Diamond Monitoring Committee, NDMC) of India organized a second exhibition and a symposium on the recognition of diamonds (Diamond Detection Expo & Symposium, DDES ) in Surat on April 14-15, 2017. The event was dedicated to the dissemination of information about synthetic diamonds and the steps to prevent the mixing of undisclosed synthetics and lots of natural stones.
In a unique and "one of a kind" event was attended by all the leading gemological laboratories and some technology companies that showed visitors the various types of machinery, equipment and technology available to identify synthetic diamonds. Along with the exhibition also held a series of talks and panel discussions.
Opening the event, chairman of GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "DDES is one of several policy for the conservation of global trade initiatives and consumer confidence in diamonds from India, We are going to upgrade the main centers for the production of jewelry in India and provide them with modern tools and techniques. detection, to protect themselves from an undisclosed mix of synthetic stone with lots of natural diamonds. mixing in any form is unacceptable. "
He added that GJEPC led initiative to raise awareness of synthetic diamonds with the 2013-14 years and is actively cooperating with all key stakeholders in this respect. The most important areas for the organization - is the detection, differentiation, disclosure and documentation.
During the presentations and panel discussions, held a meeting on the theme "Impact of synthetics on the diamond industry in Surat» (Impact of Synthetics on Diamond Industry in Surat), conducted by the moderator Samirom Dzhoshi (Samir Joshi) from the Indian Diamond Institute with such participants as Praveenshankar Pandya, Ashish Mehta (Ashish Mehta), Dineshbhay Nawada (Dineshbhai Navadiya) and Kevan inIran (Keval Virani) of Karp Impex.
The results of the study on the market of synthetic diamonds spent for Bonas & Co of NDMC, have been published as part of DDES 2017. According to the study, the current maximum capacity of the production of synthetic diamond in the world is in the range of 2.3 million - 4.2 million carats per year, or about 2-3% of the total supply of natural diamonds.
Ashish Mehta (Ashish Mehta), coordinator of NDMC, said: "The Committee has initiated a number of steps to promote fair trade and to prevent any adverse situations that may damage the reputation of the industry Bonas & Co study conducted on four continents in the past four months, shows. that the production of synthetic diamond HPHT method is growing rapidly, and the CVD method - slow China is a leader in the production of synthetic HPHT method along with Russia (large stones), while Singapore is the leader in the production. e CVD diamonds. Production of synthetic stones is growing fast, but not as much as recent unconfirmed reports. This growth has no significant impact on the market, but the effect on the mentality. Today, the business of natural diamonds phenomenally increased due to strong marketing over the years. Synthetic diamonds will need plenty of time to catch up with him. "
http://www.feedage.com/feeds/23910357/wedding-pearl-jewelry-bridal-pearl-necklace
In a unique and "one of a kind" event was attended by all the leading gemological laboratories and some technology companies that showed visitors the various types of machinery, equipment and technology available to identify synthetic diamonds. Along with the exhibition also held a series of talks and panel discussions.
Opening the event, chairman of GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "DDES is one of several policy for the conservation of global trade initiatives and consumer confidence in diamonds from India, We are going to upgrade the main centers for the production of jewelry in India and provide them with modern tools and techniques. detection, to protect themselves from an undisclosed mix of synthetic stone with lots of natural diamonds. mixing in any form is unacceptable. "
He added that GJEPC led initiative to raise awareness of synthetic diamonds with the 2013-14 years and is actively cooperating with all key stakeholders in this respect. The most important areas for the organization - is the detection, differentiation, disclosure and documentation.
During the presentations and panel discussions, held a meeting on the theme "Impact of synthetics on the diamond industry in Surat» (Impact of Synthetics on Diamond Industry in Surat), conducted by the moderator Samirom Dzhoshi (Samir Joshi) from the Indian Diamond Institute with such participants as Praveenshankar Pandya, Ashish Mehta (Ashish Mehta), Dineshbhay Nawada (Dineshbhai Navadiya) and Kevan inIran (Keval Virani) of Karp Impex.
The results of the study on the market of synthetic diamonds spent for Bonas & Co of NDMC, have been published as part of DDES 2017. According to the study, the current maximum capacity of the production of synthetic diamond in the world is in the range of 2.3 million - 4.2 million carats per year, or about 2-3% of the total supply of natural diamonds.
Ashish Mehta (Ashish Mehta), coordinator of NDMC, said: "The Committee has initiated a number of steps to promote fair trade and to prevent any adverse situations that may damage the reputation of the industry Bonas & Co study conducted on four continents in the past four months, shows. that the production of synthetic diamond HPHT method is growing rapidly, and the CVD method - slow China is a leader in the production of synthetic HPHT method along with Russia (large stones), while Singapore is the leader in the production. e CVD diamonds. Production of synthetic stones is growing fast, but not as much as recent unconfirmed reports. This growth has no significant impact on the market, but the effect on the mentality. Today, the business of natural diamonds phenomenally increased due to strong marketing over the years. Synthetic diamonds will need plenty of time to catch up with him. "
http://www.feedage.com/feeds/23910357/wedding-pearl-jewelry-bridal-pearl-necklace
He is a geologist by training and has experience of working on projects
Gem Diamonds has appointed Harry Kenyon-Slane (Harry Kenyon-Slaney) new independent director and non-executive chairman of the board of directors. In this role, he will replace Roger Davis (Roger Davis), who is retiring at the annual general meeting of the Company on 6 June.
Currently Slane is a senior adviser to McKinsey & Co and has more than 33 years of experience in the mining industry, mainly from Rio Tinto.
He is a geologist by training and has experience of working on projects, marketing, finance and business development.
"I am pleased to convey the presidency of Harry Kenyon-Slane, whose experience, knowledge and contacts in the diamond world is ideal to ensure the further growth of Gem Diamonds I am sure that our future will be exciting." - Rodzher Devis said.
"For me it was a great honor to be chairman of the board of directors of
Gem Diamonds, and I wish Harry and the entire company every success in the future", - he added.
Gem Diamonds owns 70% of the diamond project Letseng (Letšeng) in Lesotho and 100% mine Ghaghu (Ghaghoo) in Botswana.
Since the acquisition in 2006 Gem Diamonds Project Letseng mine has produced 4 of 20 the world's largest diamond.
Recently Ghaghoo mine was placed on care and maintenance until market conditions do not allow to resume production.
http://www.feedage.com/feeds/23910359/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Currently Slane is a senior adviser to McKinsey & Co and has more than 33 years of experience in the mining industry, mainly from Rio Tinto.
He is a geologist by training and has experience of working on projects, marketing, finance and business development.
"I am pleased to convey the presidency of Harry Kenyon-Slane, whose experience, knowledge and contacts in the diamond world is ideal to ensure the further growth of Gem Diamonds I am sure that our future will be exciting." - Rodzher Devis said.
"For me it was a great honor to be chairman of the board of directors of
Gem Diamonds, and I wish Harry and the entire company every success in the future", - he added.
Gem Diamonds owns 70% of the diamond project Letseng (Letšeng) in Lesotho and 100% mine Ghaghu (Ghaghoo) in Botswana.
Since the acquisition in 2006 Gem Diamonds Project Letseng mine has produced 4 of 20 the world's largest diamond.
Recently Ghaghoo mine was placed on care and maintenance until market conditions do not allow to resume production.
http://www.feedage.com/feeds/23910359/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Selected based on their exceptional quality
A large collection of exclusive colored diamonds and precious stones will be put up for sale at auction of Rare jewelry and jade (Rare Jewels and Jadeite) Bonhams in Hong Kong.
Lots of trading under the name "The collection of jewels of the world» (The Jewels of the World collection ), were selected based on their exceptional quality, rarity and beauty, said the auction house.
"The choice of gemstones includes Colombian emeralds, Burmese rubies and sapphires from Kashmir and Ceylon, as they are still in the spotlight, - added in the Bonhams -. The auction will also include gems from a number of other important regions producing gems which are equally beautiful and rare. These regions include Kenya, Tanzania, Madagascar, Tajikistan, Afghanistan, Mozambique, Brazil and Australia. "
Among the major lots of the sale - earrings couple with two Namibian diamond faceting Asher intense yellow color weighing 5.26 and 5.17 carats of VVS1 clarity.
Grem Tompson (Graeme Thompson), head of the Asian department of jewelry Bonhams in Hong Kong, said:
"Fancy diamonds intense yellow have a very intense color, which is distributed evenly throughout the stone Pair of fancy intense yellow diamonds Asher cut diamond is very rare.. In addition, these earrings have an amazing brightness, color depth and exceptional purity. "
At the auction, which will be held May 31, 103 lots will be put up.
http://www.feedage.com/feeds/23910345/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Lots of trading under the name "The collection of jewels of the world» (The Jewels of the World collection ), were selected based on their exceptional quality, rarity and beauty, said the auction house.
"The choice of gemstones includes Colombian emeralds, Burmese rubies and sapphires from Kashmir and Ceylon, as they are still in the spotlight, - added in the Bonhams -. The auction will also include gems from a number of other important regions producing gems which are equally beautiful and rare. These regions include Kenya, Tanzania, Madagascar, Tajikistan, Afghanistan, Mozambique, Brazil and Australia. "
Among the major lots of the sale - earrings couple with two Namibian diamond faceting Asher intense yellow color weighing 5.26 and 5.17 carats of VVS1 clarity.
Grem Tompson (Graeme Thompson), head of the Asian department of jewelry Bonhams in Hong Kong, said:
"Fancy diamonds intense yellow have a very intense color, which is distributed evenly throughout the stone Pair of fancy intense yellow diamonds Asher cut diamond is very rare.. In addition, these earrings have an amazing brightness, color depth and exceptional purity. "
At the auction, which will be held May 31, 103 lots will be put up.
http://www.feedage.com/feeds/23910345/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Customers can place an order as long as they are in the exhibition
Brilliant Earth, which was previously exclusive online retailer of jewelry, and the concept of which involves ethical origin of products, has officially opened its fifth retail store in San Diego, USA.
The company's new store has an area of 2,000 square feet, including French doors that open onto a terrace overlooking the ocean. Boutique presents the "atmosphere of Southern California," created by a spacious outdoor La Plaza project and members of the Spanish and Moroccan architectural styles.
The space also provides a special atmosphere in the spa center, as well as in other salons Brilliant Earth, where guests can get a personal consultation hour with the jewelry expert.
Brilliant Earth earlier that customers often visit its exhibition halls to control the process of creating your own rings or custom products. Customers can place an order as long as they are in the exhibition hall, as well as the appointment of the meeting via the Internet or via a specialist personal jewelry.
The boutique also presents a number of jewelry available for immediate purchase in the salons, including wedding rings with diamonds, antique unique products and fine jewelry.
The company plans to open new offices in Washington, DC, and Denver.
http://www.feedage.com/feeds/23910346/pearl-jewelry-pearl-necklace
The company's new store has an area of 2,000 square feet, including French doors that open onto a terrace overlooking the ocean. Boutique presents the "atmosphere of Southern California," created by a spacious outdoor La Plaza project and members of the Spanish and Moroccan architectural styles.
The space also provides a special atmosphere in the spa center, as well as in other salons Brilliant Earth, where guests can get a personal consultation hour with the jewelry expert.
Brilliant Earth earlier that customers often visit its exhibition halls to control the process of creating your own rings or custom products. Customers can place an order as long as they are in the exhibition hall, as well as the appointment of the meeting via the Internet or via a specialist personal jewelry.
The boutique also presents a number of jewelry available for immediate purchase in the salons, including wedding rings with diamonds, antique unique products and fine jewelry.
The company plans to open new offices in Washington, DC, and Denver.
http://www.feedage.com/feeds/23910346/pearl-jewelry-pearl-necklace
The sale of gold products increased by 17% in mainland China
Hong Kong jeweler Chow Tai Fook home showed positive growth of retail sales in the fourth quarter of the fiscal year. Thus, the long-term decline of its indexes ended.
According to the company, in mainland China retail sales rose 16%, while same-store sales rose 12% in the three months ended March 31. Also, retail sales in Hong Kong and Macao increased by 1%, while comparable sales increased by 4%. This is the first quarterly sales growth for the last three years in Hong Kong and Macau.
According to the Chow Tai Fook, the sale of gold products increased by 17% in mainland China and 19% in Hong Kong and Macau, while maintaining the overall growth performance. Jewelry retailer benefited from a 3-percent increase in the price of gold and sales of gold products to more high-end and average weight. Jewelry sale of the other precious metals increased by 5% in mainland China, but fell by 17% in Hong Kong and Macau due to lower average selling prices.
In the past year in Hong Kong in the fourth quarter of the financial year, Chow Tai Fook managed to sell a number of expensive items, but this success could not be repeated this year. Also, the company's sales over the Internet rose by 85% in mainland China, helped by its cooperation with existing partner online platforms.
http://www.feedage.com/feeds/23910356/pearl-jewelry-pearl-necklace
According to the company, in mainland China retail sales rose 16%, while same-store sales rose 12% in the three months ended March 31. Also, retail sales in Hong Kong and Macao increased by 1%, while comparable sales increased by 4%. This is the first quarterly sales growth for the last three years in Hong Kong and Macau.
According to the Chow Tai Fook, the sale of gold products increased by 17% in mainland China and 19% in Hong Kong and Macau, while maintaining the overall growth performance. Jewelry retailer benefited from a 3-percent increase in the price of gold and sales of gold products to more high-end and average weight. Jewelry sale of the other precious metals increased by 5% in mainland China, but fell by 17% in Hong Kong and Macau due to lower average selling prices.
In the past year in Hong Kong in the fourth quarter of the financial year, Chow Tai Fook managed to sell a number of expensive items, but this success could not be repeated this year. Also, the company's sales over the Internet rose by 85% in mainland China, helped by its cooperation with existing partner online platforms.
http://www.feedage.com/feeds/23910356/pearl-jewelry-pearl-necklace
GIA created a test device for gemstones
Gemological Institute of America (Gemological Institute of America, GIA) presented a prototype of a light-to-use and comprehensive desktop tool for reliable determination of natural diamonds, which allows you to separate them from all the imitators, including synthetic and treated stones.
New device sales will begin later this year. Its price is formed in such a way as to be accessible to members of the trade, said the GIA.
GIA created a test device for gemstones combines advanced spectroscopic techniques, GIA extensive research on the quality of natural, sanitized and synthetic diamonds, as well as ten years of experience in analyzing stones. It allows you to identify more than 97% as the natural diamonds in jewelry, and certain natural stones the size of 0.9 mm or more and color from D to Z. The
"Today in the diamond and jewelery trade, there is probably a more serious problem than the fear of about the possibility of inadvertent marketing undisclosed synthetic diamonds to consumers, - said President and chief executive Officer Jacques GIA Susan (Susan Jacques) -. This new tool is the culmination of over 60 years of research in the GIA synthetic diamond region and before tavit merchants, including retail jewelers, confidence in their stones. "
http://www.feedage.com/feeds/23910348/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
New device sales will begin later this year. Its price is formed in such a way as to be accessible to members of the trade, said the GIA.
GIA created a test device for gemstones combines advanced spectroscopic techniques, GIA extensive research on the quality of natural, sanitized and synthetic diamonds, as well as ten years of experience in analyzing stones. It allows you to identify more than 97% as the natural diamonds in jewelry, and certain natural stones the size of 0.9 mm or more and color from D to Z. The
"Today in the diamond and jewelery trade, there is probably a more serious problem than the fear of about the possibility of inadvertent marketing undisclosed synthetic diamonds to consumers, - said President and chief executive Officer Jacques GIA Susan (Susan Jacques) -. This new tool is the culmination of over 60 years of research in the GIA synthetic diamond region and before tavit merchants, including retail jewelers, confidence in their stones. "
http://www.feedage.com/feeds/23910348/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
The protocol - this is another defense in partnership
Company Signet Jewelers Ltd is ready to submit its first report on corporate social responsibility (CSR), which is based on data on the critical supply sources and global initiatives of the company.
The CSR report notes that Signet published the first official document with a detailed overview of such activities, as well as programs and achievements in this field, the company said.
"The report really reflects who we are as a company," - said in Signet's, adding that the report focuses on four "pillars of CSR": the people responsible sources, environmental governance and philanthropy.
In 2016, the company launched Signet protocol to confirm the origin of diamonds responsible (Responsible Sourcing Protocol for Diamonds), which, she said, will ensure that all its suppliers in 2017 will fully comply with CSR audit requirements. "The protocol - this is another defense in partnership with our suppliers to ensure proper verification of the origin of diamonds entering the Signet", - the company said.
Signet Jewelers Ltd - one of the world's largest retailers of diamond jewelry, with about 3,600 stores in the US, Canada and the UK.
http://www.feedage.com/feeds/23910358/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
The CSR report notes that Signet published the first official document with a detailed overview of such activities, as well as programs and achievements in this field, the company said.
"The report really reflects who we are as a company," - said in Signet's, adding that the report focuses on four "pillars of CSR": the people responsible sources, environmental governance and philanthropy.
In 2016, the company launched Signet protocol to confirm the origin of diamonds responsible (Responsible Sourcing Protocol for Diamonds), which, she said, will ensure that all its suppliers in 2017 will fully comply with CSR audit requirements. "The protocol - this is another defense in partnership with our suppliers to ensure proper verification of the origin of diamonds entering the Signet", - the company said.
Signet Jewelers Ltd - one of the world's largest retailers of diamond jewelry, with about 3,600 stores in the US, Canada and the UK.
http://www.feedage.com/feeds/23910358/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
Imports mainly driven by demand from the jewelry industry
Gold imports to India in March rose to $ 4.17 billion, which is expected to increase the deficit of the current balance of the country. In March of last year, gold imports amounted to $ 974 million. Imports of gold fell from February 2016 to September 2016, and in October and November last year, he grew up, but fell again in December 2016 and January 2017. In February delivery of gold in India rose to $ 3.48 billion, versus $ 1.4 billion in the same period of the previous year.
The increase in gold imports in March led to an increase in the balance of trade deficit of India to a four-month high of $ 10.4 billion, versus $ 4.4 billion in March 2016. However, imports of silver fell in March by 3.2% to $ 204.2 million.
According to the rating agency ICRA, the growth of imports of gold was due to restocking and demand in the marriage and festive season. India is the second-largest gold consumer after China. Imports mainly driven by demand from the jewelry industry.
In real terms, India imported 560.32 tons of gold in the period from April to January of last fiscal year. Gold imports amounted to 968.06 tons for the entire 2015-16 fiscal year and 915.47 tons in the 2014-2015 fiscal year.
Currently, gold imports are subject to a 10 percent duty. Industrial gemstones and jewelry, along with the Ministry of Commerce has repeatedly urged the Ministry of Finance to consider cuts import duty.
For the entire 2015-16 financial year, the deficit of the current balance of trade countries was $ 22.1 billion, or 1.1% of GDP, compared to $ 26.8 billion, or 1.3% of GDP in 2014-2015.
http://www.feedage.com/feeds/23910349/classic-pearl-jewelry-tradition-pearl-necklace
The increase in gold imports in March led to an increase in the balance of trade deficit of India to a four-month high of $ 10.4 billion, versus $ 4.4 billion in March 2016. However, imports of silver fell in March by 3.2% to $ 204.2 million.
According to the rating agency ICRA, the growth of imports of gold was due to restocking and demand in the marriage and festive season. India is the second-largest gold consumer after China. Imports mainly driven by demand from the jewelry industry.
In real terms, India imported 560.32 tons of gold in the period from April to January of last fiscal year. Gold imports amounted to 968.06 tons for the entire 2015-16 fiscal year and 915.47 tons in the 2014-2015 fiscal year.
Currently, gold imports are subject to a 10 percent duty. Industrial gemstones and jewelry, along with the Ministry of Commerce has repeatedly urged the Ministry of Finance to consider cuts import duty.
For the entire 2015-16 financial year, the deficit of the current balance of trade countries was $ 22.1 billion, or 1.1% of GDP, compared to $ 26.8 billion, or 1.3% of GDP in 2014-2015.
http://www.feedage.com/feeds/23910349/classic-pearl-jewelry-tradition-pearl-necklace
Among these special stones
Lucapa Diamond Company, which manages the Lulo diamond project (Lulo) in Angola, said that the volume of rock processing grew by 91% in the first quarter of 2017, reaching 70,967 cubic meters in spite of the rainy season.
The company, which also owns a 40 percent stake in the project, said that the growth of the capacity of the processing plant to provide increased production by 33%, to 4,098 carats during the reporting period.
"On Lulo in the first quarter to continue regular production of large diamonds and bonuses, while the number of special stones increased by 58%, to 38," - said in a statement Lucapa.
"Among these special stones - the second largest diamond Angola 227 carats color D IIa type as well as stones weighing 92 karat, 62 karat, and 65 carats," - the company added.
Record processing volumes was achieved against a background of continuing Lucapa and its partners Endiama and Rosas & Petalas exploration of new mining units at Lulo along the river Kaku (Cacuilo). Meanwhile, access to known sites with the content of large diamonds - Block 8 and 6 - was largely confined during the rainy season.
During the quarter, alluvial joint venture Lulo had revenue of $ 10.7 million.
http://www.feedage.com/feeds/23910361/classic-pearl-jewelry-tradition-pearl-necklace
The company, which also owns a 40 percent stake in the project, said that the growth of the capacity of the processing plant to provide increased production by 33%, to 4,098 carats during the reporting period.
"On Lulo in the first quarter to continue regular production of large diamonds and bonuses, while the number of special stones increased by 58%, to 38," - said in a statement Lucapa.
"Among these special stones - the second largest diamond Angola 227 carats color D IIa type as well as stones weighing 92 karat, 62 karat, and 65 carats," - the company added.
Record processing volumes was achieved against a background of continuing Lucapa and its partners Endiama and Rosas & Petalas exploration of new mining units at Lulo along the river Kaku (Cacuilo). Meanwhile, access to known sites with the content of large diamonds - Block 8 and 6 - was largely confined during the rainy season.
During the quarter, alluvial joint venture Lulo had revenue of $ 10.7 million.
http://www.feedage.com/feeds/23910361/classic-pearl-jewelry-tradition-pearl-necklace
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