The Alrosa diamond to be named by fans!

Alrosa, the world's largest diamond mining company, offers fans to choose a football name for large rough diamond weighing 76.53 carats. This stone will become the core of a football collection of special size rough diamonds to be auctioned in Moscow.

Alrosa has announced an open competition for the best football name for this large rough diamond. The winner will receive a ticket to the final game of the FIFA World Cup 2018. The ideas of fans are accepted on a website www.diamondsofrussia.ru. The winner will also receive a certificate that the fact of extraction of the stone is named after his idea.

Seminar on eCommerce held in Surat

GJEPC organized a seminar on eCommerce in Surat to share the benefits of digital platforms to grow the business. About over 120 diamantaires & members participated . Mr. Chirag Virani, executive Director of B. Virani & Co focussed well on the eCommerce & by covering key areas he explained the business perspective and usefulness of digital platform for the Gem-n-Jewellery (GJ) sector.

Colored gemstones on the rise in Belgium

By ICA Ambassador to Belgium, Maxim van Oppens favoured the first submission for Belgium.

An FGG Gemologist and GIA AJP graduate, Maxim Van Oppens inherited his passion for the gemstone trade from his family, which has been in the diamond trade since 1953. In 1995, the family founded the colored gemstone cutting and wholesale company, Metro Stones bvba.

While travelling the world to source the best deposits and supply a vast range of gemstones to an international public, Maxim is an advocate for natural gemstones and high trade standards. He is a partner at Metro Stones bvba and owner of VomDiam. He also works as a business consultant in the gemstone trade and financial sector.

When you think of Belgium most people think of fine chocolate, superb beer and, of course, diamonds.

Okavango Diamond Company Pilots GIA M2M

GIA (Gemological Institute of America) announced that Okavango Diamond Company (ODC) is participating in the Institute’s M2M program. As part of a pilot initiative, a selection of ODC rough diamonds that have been evaluated by GIA for its M2M program will be offered at the ODC July 2018 Spot Auction.

“The M2M platform allows ODC, and our customers, to finally share with the consumer the story of the proud heritage and history of Botswana's diamonds and the positive contributions they make to society,” said ODC Managing Director Marcus Ter Haar. “This is an important step in confirming diamond provenance, which we anticipate will have benefits for our customers, retailers and ultimately consumers."

Asanko Gold Receives Approval for JV transaction

Asanko Gold announces that it has received approval from the Ghanaian Minister of Lands and Natural Resources, whose approval was the principal condition to the closing of Asanko’s previously announced joint venture transaction with Gold Fields Limited for a 50% interest in Asanko’s 90% interest in the Asanko Gold Mine in Ghana, West Africa.

Completion of the Transaction is now expected in early July, 2018. The final form of the joint venture agreement will be publically filed after completion. Completion now remains subject only to certain customary closing documentation and a lender’s consent from Exp T2 Ltd, which are all expected to be in-hand in the ordinary course before the targeted completion time.

89 carat yellow diamond recovered at Mothae

Lucapa Diamond and the Government of the Kingdom of Lesotho (GoL) reported the recovery of an 89 carat yellow diamond from the Mothae Diamond Project in Lesotho. The 89 carat yellow diamond was recovered from the current bulk sampling program at Mothae as construction of the new 150 tonne per hour commercial diamond plant continues on schedule for H2 2018 commissioning.

As previously announced, the bulk sampling program is designed to expand and improve the current Mothae JORC Resource by processing areas of the kimberlite pipe which are either not included in the resource or where Lucapa believes there has been insufficient historical sampling.

WDC to be Held in Mumbai

Scheduled in October, dates will be finalised sooner!

The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, during the latter part of October. This year’s Congress was due to take place in Tel Aviv from June 19 to 21.

Redevelopment of Obuasi Gold Mine ratified

AngloGold Ashanti advised that the Parliament of Ghana ratified the regulatory and fiscal agreements that cover the redevelopment of the Obuasi Gold Mine into a modern, productive mining operation.

The ratification of the Development Agreement and the Tax Concession Agreement is an important step in progressing Obuasi’s redevelopment. The environmental permitting process is also at an advanced stage. The Board of Directors of AngloGold Ashanti had approved spending of $31m in February 2018, for front-end engineering and other preparatory work for the mine’s redevelopment, which is continuing.

The Bohemian brings Colourful bracelets

Monsoon has made its way and while we bring out our colourful raincoats, umbrellas and waterproof make-up, we also need to shortlist accessories that will keep our style statement as stunning as every summer and spring day. For all the fashionistas out there, don’t let the rainy weather hamper your stylishness as The Bohemian brings to you a range of bracelets for your monsoon look.

A unique piece, fully personalised

After the presentation in May 2017 of the first Everywhere watch, Rémi Maillat, founder of Krayon, this year presents a new custom timepiece. Through exchanges with the client, taking his ideas into accountand associating his personality with Krayon's own environment and its unique complication, Rémi Maillat has created Everywhere Horizon.

On land and at sea, the path of the sun across the sky underpins the notion of time and is even a way to measure its passing. Krayon's engineers nurtured their dream to be able to know sunrise and sunset times at any point on the globe, thanks to a mechanical movement. By making this dream reality, they have achieved something totally unprecedented in watchmaking: a universal mechanical calculator that gives the exact sunrise and sunset times.