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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Rio Tinto, one of the world's largest mining companies, is looking for opportunities to expand in Africa, because it relies on long-term recovery in demand for commodities, according to a Reuters report.
ReplyDeleteThe sharp drop in commodity prices is forcing most of the mining companies to reduce investment in production, however, Rio Tinto may be one of the most attractive companies in the mining sector in terms of investment due to the low cost of production and a strong balance sheet.
"Global indicators of long-term growth in demand for natural resources from Africa indicate a positive outlook," - said Alan Davis (Alan Davies), Chief Executive Officer of diamonds and minerals Rio Tinto companies.
"Rio Tinto continues to invest and explore opportunities in Africa, particularly in Botswana and Namibia", - he added.
Davis did not talk in detail about the company's plans, however, Botswana and Namibia are among the main producers of diamonds in Africa.
Currently, Rio Tinto operations in Africa employs about 5,000 employees and contractors.