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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Showing posts with label jewelry. Show all posts
Showing posts with label jewelry. Show all posts
Wednesday, June 7, 2017
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.
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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
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».
http://www.feedlisting.com/rss-feed-url/898216.html
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
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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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
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
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
Exploration and production of alluvial diamonds
Yakutnedra planning a May 31, 2017 an auction for the exploration and production of alluvial diamonds and gold placers in the area Middle r.Bolshaya Kuonamka in Yakutia, is evident from the tender.
The site is located in Oleneksky Evenki national ulus. Closest to the job site settlement is s.Dzhelinda. The administrative center - s.Olenok - located 180 km from the southern part of the licensing area, on the left bank r.Olenek.
License area 252.4 sq km. Resources P1 - 1.621 million carats of diamonds and 96 kilograms of gold. The winner of the auction will be given a license for 20 years. Starting payments - 9.861 million rubles.
The Office accepts applications for the auction until 11 May.
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The site is located in Oleneksky Evenki national ulus. Closest to the job site settlement is s.Dzhelinda. The administrative center - s.Olenok - located 180 km from the southern part of the licensing area, on the left bank r.Olenek.
License area 252.4 sq km. Resources P1 - 1.621 million carats of diamonds and 96 kilograms of gold. The winner of the auction will be given a license for 20 years. Starting payments - 9.861 million rubles.
The Office accepts applications for the auction until 11 May.
https://del.icio.us/pearlsonline
Among the famous works of jewelry
Ring Van Cleef & Arpels with a unique diamond weighing 10.28 carats, E color cut "Marquis" will be the main lot auction jewelry Bonhams in London on 27 April. Preliminary assessment of the product cost is £ 150 000 - £ 200 000.
Diamond GIA has been classified as belonging to type IIa.
Signed jewelry from the most famous fashion houses of the world will also be offered for sale, which will consist of a total of 141 lots.
Among the famous works of jewelry - a diamond brooch in the shape of a flower fuchsia and a set of earrings Van Cleef & Arpels. Brooch formed as a flower head fuchsia, its petals are made of round-cut diamonds, created hinge cascade pyriform polished at its stamens. Set with diamonds weighing 27.05 carats, estimated at £ 70,000 - £ 100 000.
Another important lot of trades - a bracelet-watch "Serpenti» (Serpenti) with enamel and diamonds from Bulgari. This is a rare surviving copy of the famous clock Bulgari Serpenti, created approximately in 1965-1970.
http://digg.com/u/jetjewelry
Diamond GIA has been classified as belonging to type IIa.
Signed jewelry from the most famous fashion houses of the world will also be offered for sale, which will consist of a total of 141 lots.
Among the famous works of jewelry - a diamond brooch in the shape of a flower fuchsia and a set of earrings Van Cleef & Arpels. Brooch formed as a flower head fuchsia, its petals are made of round-cut diamonds, created hinge cascade pyriform polished at its stamens. Set with diamonds weighing 27.05 carats, estimated at £ 70,000 - £ 100 000.
Another important lot of trades - a bracelet-watch "Serpenti» (Serpenti) with enamel and diamonds from Bulgari. This is a rare surviving copy of the famous clock Bulgari Serpenti, created approximately in 1965-1970.
http://digg.com/u/jetjewelry
Division of watches and jewelry is the smallest in the LVMH
LVMH Moët Hennessy Louis Vuitton reported that sales of watches and jewelry rose by 14% in the first quarter, as belonging to the group Bulgari brand continues to gain market share.
Despite the fact that the division of watches and jewelry is the smallest in the LVMH share of total sales, it has recorded double-digit growth, along with other units. Sales of jewelry and watches in the first quarter were $ 931.7 million compared with $ 820.4 million a year earlier. Comparable sales of watches and jewelry rose by 11%.
LVMH said that Bulgari market position strengthened during the quarter, as the brand introduced new models in its jewelry product lines. The company also reported a positive response to its watch brands at the recent fair Baselworld.
The total sales were represented brands Bulgari, Chaumet, Tag Heuer, Zenith, Fred , and Hublot. LVMH sold its 50 percent stake in De Beers Diamond Jewellers his partner De Beers at the end of the quarter.
The company announced that its improved performance was partly due to the relatively low sales in the first quarter of last year, when the terrorist attacks in Paris influenced the consumer activity.
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Despite the fact that the division of watches and jewelry is the smallest in the LVMH share of total sales, it has recorded double-digit growth, along with other units. Sales of jewelry and watches in the first quarter were $ 931.7 million compared with $ 820.4 million a year earlier. Comparable sales of watches and jewelry rose by 11%.
LVMH said that Bulgari market position strengthened during the quarter, as the brand introduced new models in its jewelry product lines. The company also reported a positive response to its watch brands at the recent fair Baselworld.
The total sales were represented brands Bulgari, Chaumet, Tag Heuer, Zenith, Fred , and Hublot. LVMH sold its 50 percent stake in De Beers Diamond Jewellers his partner De Beers at the end of the quarter.
The company announced that its improved performance was partly due to the relatively low sales in the first quarter of last year, when the terrorist attacks in Paris influenced the consumer activity.
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Earrings will be presented as separate lots
At the spring auction of Magnificent and Noble jewelery (Magnificent Jewels and Noble Jewels) Sotheby 's pair of diamond earrings, "Apollo" and "Artemis" will be presented in Geneva (Apollo and Artemis), which are considered the most expensive earrings and made of fancy bright blue and fantasy intense pink diamonds.
Earrings will be presented as separate lots. "Apollo Blue" (The Apollo Blue) is estimated at $ 38 - $ 50 million, and "Artemis rose" (The Artemis Pink), is expected to go away under the hammer for $ 12.5 -. $ 18 million However, both products are estimated at $ 50 - $ 68 million .
"Apollo blue" weighs 14.54 carats and is related to the purity of the highest category - without any internal or external defects. Its physical type IIb is so rare that belong to it only to 0.5% gem diamonds produced in the world. Its uniqueness lies in the fact that you can meet the world's only 0.1% of natural diamonds blue.
"Artemis pink" weight 16 carat pear-cut corresponding to "Apollo blue" has a type IIa, data for GIA.
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Earrings will be presented as separate lots. "Apollo Blue" (The Apollo Blue) is estimated at $ 38 - $ 50 million, and "Artemis rose" (The Artemis Pink), is expected to go away under the hammer for $ 12.5 -. $ 18 million However, both products are estimated at $ 50 - $ 68 million .
"Apollo blue" weighs 14.54 carats and is related to the purity of the highest category - without any internal or external defects. Its physical type IIb is so rare that belong to it only to 0.5% gem diamonds produced in the world. Its uniqueness lies in the fact that you can meet the world's only 0.1% of natural diamonds blue.
"Artemis pink" weight 16 carat pear-cut corresponding to "Apollo blue" has a type IIa, data for GIA.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FBridalPearls
Proceeds from the sale of diamonds
Lucapa Diamond and its partners Endiama and Rosas & Petalas implemented in 1919 carats of alluvial diamonds recovered at Lulo project (Lulo) in Angola, which was sold for $ 2.5 million in the third tender for the current year.
In a statement the company, whose shares are traded on the stock exchange ASX, said that the average price of diamonds at auction was $ 1317.
It was also reported that last tender raised gross proceeds from the sale of diamonds from the Lulo project since the beginning of 2017 to $ 13.2 million at an average price of $ 2055 stones per carat.
Meanwhile, in Lucapa said that a diamond weighing 92 carats, D color, produced after the third export sales from new mining unit 28, will be included in the next auction.
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In a statement the company, whose shares are traded on the stock exchange ASX, said that the average price of diamonds at auction was $ 1317.
It was also reported that last tender raised gross proceeds from the sale of diamonds from the Lulo project since the beginning of 2017 to $ 13.2 million at an average price of $ 2055 stones per carat.
Meanwhile, in Lucapa said that a diamond weighing 92 carats, D color, produced after the third export sales from new mining unit 28, will be included in the next auction.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FPearlJewelries
To demonstrate the ability to achieve the desired objectives
Company Diamcor Mining, which is building a diamond mine on the site Krohn-Endora (Krone-Endora) Venice Project (Venetia) in South Africa, said that testing, commissioning and calibration of new systems continues to grow at a rapid pace.
According to the company, these objects have begun to demonstrate the ability to achieve the desired objectives to increase the processing volume, and sorting crushed material up to 45 mm, the processing of the material by a dedicated line of large diamond production and capacity of the total power production at the final cleaning and sorting objects.
At the same time Diamcor Mining sold 1,533.37 carats received gross proceeds of $ 209,949 as part of the sale of rough diamonds. Stones were obtained by processing the original material size of from 1.0 to 15.0 mm in February.
The average price of the stones was $ 136.92 per carat.
The second tender of the company, which was completed earlier this month, allowed to sell 2900.62 carats of rough diamonds for $ 810,106, resulting in an average price of $ 279.29 per carat.
"This is the second tender includes the sale of the four diamonds of gem quality, which have been placed in the category of" special "stones (+10.7 carats). Among them -almaz 12.13 carats, 15.46 carats, 17.97 carats and 29 1 carat "- said in a statement Diamcor.
"The joint efforts undertaken at the moment, aimed at further promoting the objectives, the relevant recommendations of the updated Technical Report NI 43-101, filed by April 28, 2015, and to assist the company in making the initial production solutions for the project", - concluded the Diamcor .
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According to the company, these objects have begun to demonstrate the ability to achieve the desired objectives to increase the processing volume, and sorting crushed material up to 45 mm, the processing of the material by a dedicated line of large diamond production and capacity of the total power production at the final cleaning and sorting objects.
At the same time Diamcor Mining sold 1,533.37 carats received gross proceeds of $ 209,949 as part of the sale of rough diamonds. Stones were obtained by processing the original material size of from 1.0 to 15.0 mm in February.
The average price of the stones was $ 136.92 per carat.
The second tender of the company, which was completed earlier this month, allowed to sell 2900.62 carats of rough diamonds for $ 810,106, resulting in an average price of $ 279.29 per carat.
"This is the second tender includes the sale of the four diamonds of gem quality, which have been placed in the category of" special "stones (+10.7 carats). Among them -almaz 12.13 carats, 15.46 carats, 17.97 carats and 29 1 carat "- said in a statement Diamcor.
"The joint efforts undertaken at the moment, aimed at further promoting the objectives, the relevant recommendations of the updated Technical Report NI 43-101, filed by April 28, 2015, and to assist the company in making the initial production solutions for the project", - concluded the Diamcor .
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Have successfully achieved all the goals
Kennady Diamonds Inc. It has successfully completed a program of the winter sampling for kimberlite Faraday (Faraday) in Canada received 555 tons of ore.
Gross sampling was performed using two large-diameter rig reverse circulation. Samples are processed in laboratories Geoanaliticheskih Saskatchewan Research Council (Saskatchewan Research Council Geoanalytical Laboratories, SRC ).
Drilling for the winter program 2017 started on January 19 and was completed on April 10. A total of 75 wells have been drilled with total length of 8030 meters.
President and CEO of Kennady Diamonds Rori Mur (Rory Moore) commented: "We are pleased to have successfully achieved all the goals of the 2017 winter program, we expect that we will be able to receive more than 1,000 carats of diamonds from three samples, which will facilitate the promotion of kimberlites. Faraday 2 and 3 to the intended resource, and Faraday kimberlite 1 becomes a target for further studies. "
Kennady Diamonds Inc. It controls 100% of the diamond project Kennadti- North (Kennady North), located in the Northwest Territories of Canada. It is adjacent to a diamond mine Gacho Quay (Gahcho Kué), a joint venture between De Beers Canada (51%) and Mountain Province (49%), which began production in late 2016.
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Gross sampling was performed using two large-diameter rig reverse circulation. Samples are processed in laboratories Geoanaliticheskih Saskatchewan Research Council (Saskatchewan Research Council Geoanalytical Laboratories, SRC ).
Drilling for the winter program 2017 started on January 19 and was completed on April 10. A total of 75 wells have been drilled with total length of 8030 meters.
President and CEO of Kennady Diamonds Rori Mur (Rory Moore) commented: "We are pleased to have successfully achieved all the goals of the 2017 winter program, we expect that we will be able to receive more than 1,000 carats of diamonds from three samples, which will facilitate the promotion of kimberlites. Faraday 2 and 3 to the intended resource, and Faraday kimberlite 1 becomes a target for further studies. "
Kennady Diamonds Inc. It controls 100% of the diamond project Kennadti- North (Kennady North), located in the Northwest Territories of Canada. It is adjacent to a diamond mine Gacho Quay (Gahcho Kué), a joint venture between De Beers Canada (51%) and Mountain Province (49%), which began production in late 2016.
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Established a code of ethics
The Israel Diamond Exchange (IDE) has published a code of ethics, written especially for her by the Israeli professor Asa Kasher (Asa Kasher), according to IDI portal.
IDE President Yoram u'Dvash (Yoram Dvash) said: "I am proud that I was the first president of the Diamond Exchange in the world that has established a code of ethics is very well combines IDE path - the path of transparency and clearly written rules.".
At a special signing ceremony in the IDE Professor Kasher said, "The Code of Ethics shows the public in the best possible light - and with the outside, and the inside of the Code of Ethics of the newly defines your personality, and his acceptance of you take responsibility for the entire diamond sector and make. great contribution to the Israeli economy. "
Among those who participated in the creation of a code of ethics, - the president of IDE Yoram u'Dvash, chairman of IDI Shmuel Schnitzer (Shmuel Schnitzer), chairman of the ethical code IDE Asher Dalum, Emma Yanover and members of the stock exchange committee.
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IDE President Yoram u'Dvash (Yoram Dvash) said: "I am proud that I was the first president of the Diamond Exchange in the world that has established a code of ethics is very well combines IDE path - the path of transparency and clearly written rules.".
At a special signing ceremony in the IDE Professor Kasher said, "The Code of Ethics shows the public in the best possible light - and with the outside, and the inside of the Code of Ethics of the newly defines your personality, and his acceptance of you take responsibility for the entire diamond sector and make. great contribution to the Israeli economy. "
Among those who participated in the creation of a code of ethics, - the president of IDE Yoram u'Dvash, chairman of IDI Shmuel Schnitzer (Shmuel Schnitzer), chairman of the ethical code IDE Asher Dalum, Emma Yanover and members of the stock exchange committee.
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Able to adequately implement their own policies of recruitment
South Africa's National Union of Miners (National Union of Mineworkers, NUM) has accused the leadership of the joint venture Kimberley Ekapa Mining Joint Venture (KEM JV ) racism.
African News Agency quoted union representatives, who stated that the organization was also "very upset and concerned" by the fact that the management of the company blames on NUM leadership.
KEM JV was established in July last year when Petra Diamonds has entered into a joint venture with the diamond company Ekapa Mining in South Africa.
The NUM said that the contractor named one of the union members "baboon", and the company did not want to apply any sanctions as long as the union has not made them do it.
"Another relevant problematic mistreatment NUM leadership, especially its chairman and secretary There is an ulterior motive against them, and the company's management blames on NUM leadership." - said in the organization.
"The company is not able to adequately implement their own policies of recruitment, which is a cause for concern The company is busy hiring people who do not have the appropriate qualifications." - sums up in the NUM.
The organization "United communities affected by mining" (Mining Affected Communities United in Action , Macua) South Africa has accused the company of representatives of Ekapa Kimberly is that it works without the appropriate permits to mine.
Members of Macua claimed they mined diamonds in the land, on which the Ekapa site since 2003, providing an essential source of income for more than 8000 people, who are now "can not pay into the treasury taxes by more than 8 million rand per month" .
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African News Agency quoted union representatives, who stated that the organization was also "very upset and concerned" by the fact that the management of the company blames on NUM leadership.
KEM JV was established in July last year when Petra Diamonds has entered into a joint venture with the diamond company Ekapa Mining in South Africa.
The NUM said that the contractor named one of the union members "baboon", and the company did not want to apply any sanctions as long as the union has not made them do it.
"Another relevant problematic mistreatment NUM leadership, especially its chairman and secretary There is an ulterior motive against them, and the company's management blames on NUM leadership." - said in the organization.
"The company is not able to adequately implement their own policies of recruitment, which is a cause for concern The company is busy hiring people who do not have the appropriate qualifications." - sums up in the NUM.
The organization "United communities affected by mining" (Mining Affected Communities United in Action , Macua) South Africa has accused the company of representatives of Ekapa Kimberly is that it works without the appropriate permits to mine.
Members of Macua claimed they mined diamonds in the land, on which the Ekapa site since 2003, providing an essential source of income for more than 8000 people, who are now "can not pay into the treasury taxes by more than 8 million rand per month" .
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A special exhibition area for the jewelry companies
The June Fair of jewelry and precious stones in Hong Kong, scheduled for June 22-25, this year celebrates the 30th anniversary and presents visitors a variety of exciting attractions, including the CORE Pavilion.
The exhibition, which this year is to raise more than 25,000 local and overseas buyers for the 4 days of its holding in the Hong Kong Exhibition and Conference Center (HKCEC), will launch the CORE Pavilion - a special exhibition area for the jewelry companies that support the exhibition of jewelry and precious stones in Hong Kong for many years, and consider Hong Kong a platform with which they develop their business.
"On this auspicious moment of the CORE debut pavilion, increasing the number of exciting attractions of the exhibition and its business opportunities, - said Wolfram Diener (Wolfram Diener), senior vice president of UBM Asia Ltd. - Some of the best jewelry will be showcased in the pavilion in Hong Kong ".
The CORE pavilion will be presented to 61 exhibitor.
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The exhibition, which this year is to raise more than 25,000 local and overseas buyers for the 4 days of its holding in the Hong Kong Exhibition and Conference Center (HKCEC), will launch the CORE Pavilion - a special exhibition area for the jewelry companies that support the exhibition of jewelry and precious stones in Hong Kong for many years, and consider Hong Kong a platform with which they develop their business.
"On this auspicious moment of the CORE debut pavilion, increasing the number of exciting attractions of the exhibition and its business opportunities, - said Wolfram Diener (Wolfram Diener), senior vice president of UBM Asia Ltd. - Some of the best jewelry will be showcased in the pavilion in Hong Kong ".
The CORE pavilion will be presented to 61 exhibitor.
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As part of the trial mining company managed to produce
Lucapa Diamond Company received $ 14.2 million to finance the acquisition and development of diamond kimberlite project Motae (Mothae) in Lesotho.
According to the company, the financing package was received on the basis of agreement to subscribe for shares from Westar Capital in the amount of 9.2 million Australian dollars.
At the end of September this year, Westar will pay a 5 percent fee to the subscription and 1-percent fee for the sale of control of the stock.
The financing package also consists of a six-month loan collateral in the amount of 5.5 million Australian dollars, along with the release of 11.6 million unregistered options to Westar.
"The package of financing, combined with existing cash Lucapa (including funds transferred to the project Lulo (Lulo)) will allow the company to perform phase-out schedule of payment to get 70% Motae project shares from the [Government of Lesotho] and continue the first phase of its development" - it said in a statement Lucapa.
During the first three years of operation Lucapa plans to process about 2 million tonnes of predominantly weathered, near-surface kimberlite material in the first phase of the project development with the planned volume 720 000 tonnes per year.
As part of the trial mining company managed to produce more than 23 000 carats of rough diamonds, including stones weighing up to 254 carats, and some diamonds sold for $ 41,500 per carat.
Lucapa are, which also owns the Lulo project in Angola in January signed an agreement to acquire a 70 percent stake in Motae for $ 9 million.
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According to the company, the financing package was received on the basis of agreement to subscribe for shares from Westar Capital in the amount of 9.2 million Australian dollars.
At the end of September this year, Westar will pay a 5 percent fee to the subscription and 1-percent fee for the sale of control of the stock.
The financing package also consists of a six-month loan collateral in the amount of 5.5 million Australian dollars, along with the release of 11.6 million unregistered options to Westar.
"The package of financing, combined with existing cash Lucapa (including funds transferred to the project Lulo (Lulo)) will allow the company to perform phase-out schedule of payment to get 70% Motae project shares from the [Government of Lesotho] and continue the first phase of its development" - it said in a statement Lucapa.
During the first three years of operation Lucapa plans to process about 2 million tonnes of predominantly weathered, near-surface kimberlite material in the first phase of the project development with the planned volume 720 000 tonnes per year.
As part of the trial mining company managed to produce more than 23 000 carats of rough diamonds, including stones weighing up to 254 carats, and some diamonds sold for $ 41,500 per carat.
Lucapa are, which also owns the Lulo project in Angola in January signed an agreement to acquire a 70 percent stake in Motae for $ 9 million.
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