Emerald production improves at Kagem

The hard work and dedication of employees at the Kagem emerald mine in Lufwanyama have helped the company meet production targets and resulted in a straight 22 months’ of bonuses being paid to all staff. After a difficult 2017 during which production dropped dramatically, 2018 and 2019 have seen improvement for the mine, which is operated by London-based Gemfields in partnership with the government’s Industrial development Corporation (IDC).

Gold: the most effective commodity!

Recently the World Gold Council (WGC) -the market development organisation for the gold industry, published the report, ‘Gold: the most effective commodity investment-Why it is under-represented in commodity indices and the potential impact on your portfolio.

According to the report, gold allocations of 2%-10% in a typical pension portfolio have provided better risk-adjusted returns than those with broad-based commodity allocations. Investors have long recognised the benefits of investing in commodities.

New designs of Artemis Collection presented!

Forevermark, the diamond brand from De Beers Group, showcased its exquisite new designs from the Forevermark Artemis Collection in collaboration with celebrated fashion designer Bibhu Mohapatra in association with PMJ Jewels, during New York Fashion Week.

Bibhu Mohapatra an expert craftsman who continues to grace the runway with his refined collections, using exquisite fabrics alongside tailoring to create sophisticated yet edgy looks, brings this same expertise to his latest designs for the Artemis Collection in collaboration with Forevermark.Featuring beautiful, rare and responsibly sourced Forevermark diamonds, Bibhu drew inspiration from nature and the unique qualities of a woman in his latest designs for the Artemis Collection.

India-USA jewellery BSM debuts!

The first-ever India-US Jewellery Buyer Seller Meet (BSM) was inaugurated by Mr. Colin Shah, Vice Chairman, Gem & Jewellery Export Promotion Council (GJEPC) along with Mr. Sabyasachi Ray, ED, GJEPC. Leading Indian jewellery exporters interacted with a delegation of over 32 topmost jewellery buyers.

A delegation 23 from United States and 9 from New Zealand, Ireland, Spain, United Kingdom and Germany-comprising a mix of jewellery retailers, wholesalers and distributors as representatives of merchandising/ buying groups and best practice groups of independent retailer jewellers as well as VP merchandising and buyers from large and small regional chains. America is the largest (by value) jewellery market in the world.

Amulsar project to be restored

Lydian International announced that during a live Facebook broadcast, Prime Minister Nikol Pashinyan, of the Republic of Armenia stated that access to the Amulsar Project site should be restored and the protesters blocking access should open the roads.

The Prime Minister also stated that there is no legal basis on which the Government of Armenia can prevent Lydian from advancing the Amulsar Project in accordance with permits based on an existing Environmental Impact Assessment (EIA) or require an additional EIA regarding the Amulsar Project at this time. 

A magical anomaly of nature!

Gemfields highlighted, “In Bemba, the local language of northern Zambia, Bela means emerald. It takes extremely rare geological conditions for the gem to be born, a magical anomaly of nature.”

Photographer Victor Marvillet will showcase a selection of images from his Searching for Bela series, taken in and around Kagem emerald mine, as part of his solo exhibition, Search – Fight – Grow, at the Fujifilm X Space gallery in Shanghai from the 19th to 28th of September.

Period & Vintage Jewels at Sotheby’s hammer!

Kicking off during New York Fashion Week this September, Sotheby’s is partnering with high fashion retailer Dover Street Market to showcase a special selection of the auction house’s upcoming Fine Jewels sale (New York, 25 September 2019) within their cutting-edge New York and Los Angeles locations.

Exclusive diamond collection in Pune

PNG Jewellers in association with Forevermark launched their exclusive festive collection. The latest collection with over 400+ designs has been crafted by PNG Jewellers with Forevermark diamonds. Contemporary and chic the stunning diamond jewellery collection is perfectly suited for every occasion, and is bound to add a sparkle to every woman’s collection.

Kashi nominated for the prestigious Award!

Kashi Jewellers, known as House of Kashi is nominated as an Honouree at the most prestigious international JNA Awards 2019. JNA Awards is a Hong Kong based awards programme that advocates the best business practices in jewellery and gemstone industry. JNA Awards recognises and promotes companies as well as individuals that demonstrate proven and outstanding leadership capabilities, innovative thinking, social responsibility, sustainable strategies and their overall contribution in Asian trade and communities.

Angola unveils third diamond cutting plant

Angola announced a third diamond cutting factory worth USD 5 million, whose initial production capacity stands at 5,000 carats/month. Called Pedra Rubra, the factory is located in an area of about 458 square meters, in the district of Maianga (Luanda), according to a note from the private company reached Angop.

The factory owner, Hélder Milagre, said the company also has five jewelry stores in Luanda and expects to produce, in the short term, enough jewelry to meet domestic market demand. He asked commercial banks to facilitate foreign exchange buying, as the rough diamonds are bought in foreign currency and sales in Angola (jewelry) in local currency (kwanzas).