Jewels in the Love in Verona

The jewels in the Love in Verona collection are part of the thread that connects the Roberto Coin brand to cities around Italy and takes us on a countrywide tour where the pieces become ambassadors of beauty. Everyone knows Verona as the city of Romeo and Juliet, a symbol of love in literature, but not everyone knows that Verona is home to a very special women’s club.

Since its foundation in 1930, the Juliet Club has hosted a group of women who read and answer the love letters that arrive, addressed to Juliet, from all over the world. Every letter that arrives is kept in an archive in the heart of Verona, an archive of love. This is the inspiration for the Love in Verona collection.

Cheer among jewellery exporters!

Gem and jewellery industry

To export $1bn worth pending exports!

Thousands of gems and jewellery exporters in Mumbai took a breath of relief, as the government of Maharashtra today in a landmark decision, allowed designated export units of diamond and jewellery to begin their operations in Mumbai.

However, considering the ongoing Covid-19 pandemic, the government has allowed only 10 percent of workforce can operate in these jewellery export units and also transport of the employees will be the responsibility of the employer during the lockdown period.

Lucapa unearths 15th +100 carat diamond

171 carat gem-quality white diamond recovered at Lulo

Lucapa Diamond Company and its partners Empresa Nacional de Diamantes E.P. (Endiama ) and Rosas & Petalas are pleased to announce the recovery of another +100 carat white diamond from the Lulo alluvial mine in Angola.

The 171 carat gem-quality white stone is the 15th +100 carat diamond recovered to date from Lulo and the 2nd +100 carat diamond recovered for 2020. It is also the 4th largest diamond recovered to date since activities began at Lulo. Gem-quality 171 carat Lulo white diamond, this 171 carat white diamond was recovered from Mining Block 6 as scaled mining operations recommenced at Lulo. Mining Block 6 has now produced 6 +100 carat diamonds.

Northam Platinum restructures programme!

Northam Platinum announce that it has reached agreement to extend the maturity dates of certain notes held in terms of the company’s R10 billion DMTN programme, with an aggregate amount of circa R1.885 billion. The agreement was reached with a number of the note holders.

This extension will be effective by the purchase and cancellation of the above-mentioned notes, and the simultaneous issue of new notes with longer-term maturities. In addition, certain note holders will invest additional capital and subscribe for new notes with an aggregate nominal amount of circa R281 million.

Emerald Jewel restarted jewel crafting!

In a question by Nayan Jani, Editor JNI, K Srinivasan agreed upon viral video that shows resumption of Emerald Jewel Industry India Ltd operation and said he has resumed operations from May 6. He said, “Yes, we have adopted the resumption way by checking all machineries as per the government guidelines.  We have started plant maintenance work from 6th of this month.”

At the time of resumption, Emerald has adopted several safety and sanitations measures where they have adopted a system to enter in the operation premises, keeping own belongings, hand sanitisation, wearing aprons and more! Personally K Srinivasan had addressed his artisans and craftsmen with employee. They guided well upon entering the premises!

The Santos-Dumont XL watch

Cartier design reaches new heights

In contrast to previous models, the XL size comes with a change of scale. On the wrist, the dial is wide, generous and taut, which focuses on style and its essential elements. The finesse of the case and the level of sophistication remain the same, from the sword-shaped hands to the beaded winding crown, from the sunray satin-finished dial to the case back engraved with the initials S=D, the signature of Alberto Santos-Dumont. This timepiece pays homage to the dandy aviator and close friend of Louis Cartier.

Calibre RW1212, the latest edition!

Freelancer Calibre RW1212 Men's Automatic Green Watch, 42mm, Green strap, green dial, visible balance wheel! This latest addition to the freelancer collection features a 42mm stainless steel dial framed by a green satin chapter ring with silver indices, Clous de Paris in the centre and a seconds train on the outside.

Taking centre stage of this timepiece is the visible balance wheel located above the 6 o’clock position; an open aperture design to highlight Raymond Weil’s bespoke mechanical movement with automatic winding. This delicate aperture gives a fascinating view into RW1212 Calibre movement, revealing the oscillating balance wheel, the pulsating hairspring and the vibrating pallet lever.

One stop set for commercialization

Government launches Bank of Schemes, Ideas,

Innovation & Research Portal on MSMEs

Union Minister of Road transport & Highways and MSME Shri Nitin Gadkari today launched Bank of Schemes, Ideas, Innovation and Research portal ( http://ideas.msme.gov.in/ ) on MSMEs through Video Conference from Nagpur.

It has the provision for uploading Ideas, Innovations & Researches in the sector. The portal has unique features of not only crowd sourcing of Ideas, but also evaluation and rating the ideas by crowd sourcing. It can also facilitate inflow of venture capital, foreign collaboration etc.

Rough diamond prices in Covid scenario

Paul Zimnisky inks at WDC about rough diamond prices in the midst of the Covid Crisis. He inks, much of the diamond supply chain has been virtually suspended since border closures and travel restrictions globally were implemented in the last two weeks of March in response to the Covid pandemic.

The diamond manufacturing hub in India was officially closed on March 24 and most retail outlets that sell diamonds and jewelry throughout the world, excluding China, were mandated to shut doors in mid-to-late March. While some rough diamond trading has taken place in recent weeks, the relative volume of transactions has been minimal due the aforementioned travel restrictions, and ultimately a lack of downstream demand as closed jewelers have no need to replenish inventory.

Trade set to plunge as Covid-19 upends!

Recently WTO said in its’ Trade Statistics and Outlook: Trade set to plunge as Covid-19 pandemic upends global economy that, the economic shock of the Covid-19 pandemic inevitably invites comparisons to the global financial crisis of 2008-09. These crises are similar in certain respects but very different in others.

As in 2008-09, governments have again intervened with monetary and fiscal policy to counter the downturn and provide temporary income support to businesses and households. But restrictions on movement and social distancing to slow the spread of the disease mean that labour supply, transport and travel are today directly affected in ways they were not during the financial crisis.