WDC Supports OECD

Supports OECD Due Diligence

Guidance for Responsible Supply Chains

The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, announced today its support of the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance (DDG) at the Annual OECD Forum on Responsible Mineral Supply Chains.

De Beers produces 8.5 mn cts in 1Q

Anglo American reports rough diamond production increased by 15% to 8.5 million carats in the first quarter of 2018, compared to the same period of 2017. Reflecting the ramp-up of production from Gahcho Kué in Canada, which reached nameplate capacity in Q2 2017 and increased production from Orapa in Botswana (Debswana) in response to the sustained healthy trading conditions.

Botswana (Debswana) production increased by 12% to 5.8 million carats. Orapa production increased by 26% to 2.8 million carats mainly due to an increase in tonnes treated in response to sustained healthy trading conditions.

Namibia (Namdeb Holdings) production increased by 12% to 0.5 million carats as a result of accessing consistently higher grades at the land based operations.

Gold tracks the dollar

Update 1: According to Investment Update by world gold council, investors often use the direction of the US dollar as a bellwether for gold’s performance. However, over recent years, short-term movements in gold have been more heavily influenced by US interest rates and expectations of policy normalisation.

Our analysis shows that the correlation between gold and US rates is waning and that the US dollar is again a stronger indicator of the direction of price. And, in our view, this will continue over coming months – even while the dollar won’t explain gold’s movements entirely. Furthermore, the analysis shows that higher real rates have not always resulted in negative gold returns.

Tanishq launched Mia online

Tanishq, India’s most trusted jeweler, announced the launch of its contemporary jewellery brand Mia on Amazon –Online player, making a wide range of the brand’s fine jewellery selection easily discoverable and accessible to millions of Amazon India customers.

This association marks the next phase of Mia by Tanishq’s rapid growth in the Indian jewellery market. The growing brand from Tanishq is known for its versatile and chic designs in timeless gold and classic diamonds available in a variety of product styles including earrings, finger rings, bracelets, pendants, and neckwear. Each piece is crafted to tastefully capture the less-is-more look for women who believe in chic fashion.

Kanakam handcrafted collection

Celebrated the festival of prosperity by the House of MBj & now the House of MBj introduces its latest Collection – Kanakam, commonly known as temple jewellery. The collection is hand crafted and suits every palate. Welcome home some handcrafted and traditional pieces for your loved ones.

From Meenakari to Polki and from Diamond to pearls The House of Mbj offers great variants to suit every taste. The collection is carved and inspired by the Temples in India. The jewellery is crafted keeping goddess Laxmi – the god of wealth, in mind. They are offering some beautifully engraved pieces from earrings, Bangles, Neck pieces to choker necklaces. This festive bring home Joy, prosperity and wealth with The House of MBj.

Flying start of BDW debut

Showcase all size, shape & colours untill April 25!

Update 1: Bharat Diamond Week (BDW) debuted with flying start at Bharat Diamond Bourse, Mumbai & opened up a great buying occasion to take an advantage of sourcing from a large manufacturing centre like India where one may prefer Flexible Diamond Sourcing! This is also a great way to build a confidence by meeting personally!

The three day expo, Bharat Diamond Week announced opened & also unveiled the Exhibitors Directory of Bharat Diamond Week Exhibition in the presence of Mr Edgard D Kagan, U.S. Consul General, Mr Anoop Mehta, President, Bharat Diamond Bourse, Mr Pramod Agarwal, Chairman, GJEPC, Mr Mehul Shah, Convener, Bharat Diamond Week, Mr Mahendra Gandhi, President, MDMA, Mr Reuven Kaufman, Chairman, Diamond Dealers Club, New York, Mr Russell Mehta, Managing Director, Rosy Blue (India), Mr Ashok Gajera, MD, Laxmi Diamond & Mr Rajesh Bajaj, Chief Editor, Heera Zhaveraat (HZ Intl.)Magazine – who published the directory. The opening session also witnessed by invitees, industry fraternity, exhibitors & buyers at the event.

3rd DDES inaugurated!

To run untill April 25 with

latest detection tech-n-tools!

Update 1: Third edition of Diamond Detection Expo & Symposium (DDES) inaugurated by Mr Edgard D Kagan, Consul General, United states of America in the presence of Shri Pramod Agarwal, Chairman, GJEPC, Shri Anoop Mehta, President, Bharat Diamond Bourse (BDB), Shri Praveenshankar Pandya, Past Chairman, GJEPC, Mr Sabyasachi Ray, Chief Executive Director, GJEPC, Mr Dilip Shah, Co-Convenor of the International Exhibitions Sub-Committee of the GJEPC, Ms Nirupa Bhatt, Managing Director, Gemological Institute of America (GIA), India and Asia Pacific and amid key players of detection technology exhibitors & diamond fraternity.

Several prominent diamond detection machine manufacturers and certification companies are in the dome & exhibiting their products which detect synthetic diamonds at the world’s largest bourse, BDB, Mumbai.

Production down by 17% at Alrosa 1Q

Alrosa Group’s diamond production for Q1 2018 totalled 7.4 million carats, down by 17% year-on-year. “The key factors behind the decline were reduced production at the Mirny Division, which was caused by the shutdown of the Mir underground mine following the August 2017 accident, processing of lower grade ore from the Jubilee pipe and termination of processing of ore from the Udachny open-pit after open-pit mining there was completed.

Sparkling Kagem Emeralds Rock

As May Birthstone featuring Gemfields’

responsibly sourced Zambian emeralds!

For centuries people have linked the month of their birth with a particular gemstone, and May has traditionally been associated with emeralds. Highlighting the significance of emeralds this May are leading coloured gemstone supplier Gemfields, which operate the world's single largest producing emerald mine Kagem, in Lufwanyama, in partnership with the Zambian government.

“The emerald takes its name from the Greek word ‘smáragdos' meaning ‘green stone’, which symbolizes life and force of the cosmos, strength and inner bliss, in Central America it was a fertility token,” explains independent jewellery expert Joanna Hardy. “The colour green has always been associated with rebirth, renewal, youth, hope, nature and paradise and so emerald has been a revered stone for centuries.”

World book day celebrated!

HK Group organised a knowledge

sharing sessions amongst their employees!

 In honour of World Book Day, Hari Krishna Group, a leading name in Gems and Jewellery industry, hosted a knowledge sharing session amongst its employees and esteemed customers.  The main aim of this activity is to enable employees to inspire each other by sharing their life-changing experiences after reading books.

The session was held at the HK office wherein all the employees gathered in groups to share and discuss inspirational stories written by their favourite authors. Also to complement and broaden this activity, the company is also engaging its customers with story sharing themes on its social media platforms.