Dunnedin Recovers Diamonds!

Dunnedin Ventures announced new diamond results from the kimberlite pipe KD900 and the completion of summer/fall field work at its 100% owned Kahuna Diamond Project in Nunavut, Canada. As noted in July 19, the Company has drill-tested two historic kimberlite pipes (KD900 and KD230) and in addition, discovered a new pipe (KH10-11).

Initial results from 133.32 kilograms of KD900 include 18 diamonds larger than the 0.106 mm sieve size. Diamond recovery results are indicator minerals from KD900 confirm that while this pipe is diamondiferous, it is not the sole source of high-quality diamond indicator mineral chemistry present in the Josephine Target Area.

Zimbabwe diamond in development spree!

Botswana Diamonds (BoD) has concluded an agreement with Vast Resources for the development of their concessions in the prolific Marange Diamond Fields (MDF) of eastern Zimbabwe.  A separate agreement will cover the joint development of diamond properties outside of the MDF, which will be a straightforward 50/50 joint venture, though the initial focus of our joint work is on the MDF.

As previously announced, Vast has exclusive access to key diamond concessions (the ‘Heritage Concession’) in the MDF of the Chiadzwa region of eastern Zimbabwe, through an agreement with a community organisation.  BOD will perform due diligence on the area to conclude a joint venture agreement for diamond exploration, mining and marketing.

Just celebrate festivals! RBI to inject durable liquidity!

The Reserve Bank of India (RBI) had telegraphed in its previous post-monetary policy press conferences that the system liquidity will move into deficit in the second half of the fiscal year and that the evolving liquidity conditions shall determine its choice of instruments for both transient and durable liquidity management.

Based on an assessment of the durable liquidity needs going forward and the seasonal growth in currency in circulation observed in build-up to the festive season, RBI has decided to conduct purchase of Government securities under Open Market Operations (OMOs) for an aggregate amount of Rs 360 billion in the month of October 2018.The auctions would be conducted during the 2nd, 3rd and 4th week of October.

Sectoral Export Promotion Strategy reviewed

Suresh Prabhu reviews progress of

Sectoral Export Promotion Strategy

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, recently reviewed the sectoral export promotion plans prepared by Ministries and Departments of the Government of India. The Commerce Ministry is focusing on nine sectors- gems and jewellery, leather, textile and apparel, engineering, electronics, chemicals and petrochemicals, pharma, agri and allied and marine products - to boost exports.

This was the third inter-ministerial meeting on Sectoral Export Promotion Strategy. The meeting was attended by Commerce Secretary, DG Foreign Trade (DGFT), Secretaries of Textiles and Chemicals and Petrochemicals, other senior officers from Ministries and Departments of Electronics, MSME, Agriculture, Animal Husbandry and Defence Production.

CIBJO releases Coral Report!

Coral Commission Special Report looks at research

into sustaining and repopulating precious coral reefs

With fewer than two weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the eighth and the final of the CIBJO commissions' Special Reports has been released.

Prepared by the CIBJO Coral Commission, headed by Vincenzo Liverino, the report looks at a variety of topics related to precious coral reef sustainability, including government regulation of harvesting, research into methods for repopulating depleted areas, the use of DNA and Blockchain in achieving traceability, and online education.

Palladium could soon be worth more than gold

According to  Myra P. Saefong, the price of palladium has had an impressive climb of nearly 30% over the past six weeks, and could become more valuable than gold for the first time in 16 years.

Futures prices for palladium, which is widely used in the pollution-control catalytic converters on gasoline-powered vehicles, jumped from a mid-August settlement low of $837.20 an ounce to end at $1,072.80 on Friday, the highest finish since January. That’s when prices hit a record above $1,100, based on FactSet data going back to 1984.

A collection speaks the intense emotions

The New Collection of jewellery by Latique  is inspired by the book, The Dove’s Neckring that tells the endless love written in 1027, each of the 18K gold perfume bottle pendants come with a miniature funnel that one can fill in the scent of your loved one. The collection speaks of the intense emotions of epic romances that claim the enchantment of true love.

Latique’s jewellery incorporates the bold contemporary style with a dainty feminine touch in each of its pieces making them unique with an empowering story behind it. The brand transforms your precious moments and stories into timeless heirloom pieces.

Desire to share all beautiful colours!

Shagun Gupta has a desire to create and share all things beautiful. The Shimla-born fashionista has influenced wardrobes of the celebrated ones with her enormous cachet in fine jewellery, bridal wear and luxury accessories. Inspired by her penchant for high life, Shagun has enjoyed unbridled success in fashion & celebrity makeover for over two decades.

Her meticulous rise as trendsetter has been closely watched by stylish women, many of whom have often asked her to fashion them in her own personalized creations. She has great dress sense and believes that one could be elevated in the eternal passion of beauty.

Her flagship label ‘Shagun Classique’ specializes in creating signature looks that has always enticed and delighted a high profile clientele. Her clothing exemplifies in contemporary styles, gorgeous fabrics and avant-grand colors. As a certified GIA gemologist from London, Shagun’s love for colored stones is reflected in her creations which are splendidly embellished in exotic trinkets.

Largest Fancy Purplish Red diamond in NY

Rio Tinto has revealed its 2018 Argyle Pink Diamonds Tender in New York to collectors, connoiseurs and those in search of the incomparable, including the Argyle Muse, the largest purplish red diamond ever offered at Tender.

Rio Tinto's Argyle mine is the world's only consistent source of rare pink, red and violet diamonds and the 2018 Argyle Pink Diamonds Tender is named 'Magnificent Argyle' in honour of Argyle's role in charting the history of the world's most coveted diamonds.

C Vidyasagar Rao opens IJW To grow up to Mumbai Shopping Festival!

An exercise to vibrate market sentiment ahead of long festive season

150 participants would attract wholesellers from pan-India!

Huge revenue would go to Government!

The show would remain open untill October 07!

Chennamaneni Vidyasagar Rao, the Governor of Maharashtra opened up the first ever Indian Jewellers Week (IJW) in the presence of Raj Purohit, Member of the State Legislative Assembly, Mohit Kamboj, President, India Bullion and Jewelery Association (IBJA), Prithviraj Kothari, Vice President- IBJA, Corporator- MCGM, Corporator Akash Purohit, Ashish Chauhan, COO & MD-BSE, Surendra Mehta, National Secretary- IBJA & amid jewellers fraternity!