Advance women’s voice and decision-making

The Covid-19 pandemic is not just a health issue. It is a profound shock to our societies and economies, and women are at the heart of care and response efforts underway. As frontline responders, health professionals, community volunteers, transport and logistics managers, scientists and more, women are making critical contributions to address the outbreak every day.

Post-crisis recovery not until 2021: ABNAmro

Sandra Phlippen, Chief Economist of ABNAmro said in their Global Monthly about Economic impact! Governments in the eurozone and the US will scale up their measures to a similar extent as the virus continues to spread. The nature and timing of the measures will differ from country to country, but all will put an unprecedented drag on economic activity.

The varying degrees of lockdown are shown in the figure below. Regarding the Dutch economy, we can make more specific assumptions based on the following government strategies to stem the virus and their respective impacts on the various sectors. These will be published next week.

Over 19K oz AuEq produced at Kainantu in Q1

K92 Mining Inc. had production in the first quarter of 19,934 ounces gold equivalent at its Kainantu gold mine in Papua New Guinea.

During Q1, K92 produced 19,240 ounces of gold, 339,993 pounds of copper and 6,937 ounces of silver, or 19,934 gold equivalent ounces (based on a gold price of $1,500 (U.S.) per ounce; silver price of $17.75 (U.S.) per ounce; copper price of $2.70 (U.S.) per pound).

Covid-19 impact on Gemfields

This is choicest part from report commissioned by Gemfields Group and prepared and issued by Edison, in consideration of a fee payable by Gemfields Group.

Strong set of 2019 full-year results:

While in the context of current global uncertainties investors may be more focused on the outlook for 2020 and risks relating to nearer-term cash flows, we think it is important to look at the strength of the underlying business that is clearly evidenced in Gemfields’ solid 2019 full-year results, which were released on 6 April 2020.

#AajkiNeed, support Indian enterprises!

Uttar Pradesh’s Leading Jewellery brand, Aisshpra Gems and Jewels launches #GoSwadeshi Campaign, an initiative that aims at, swadeshikasamman that is preserving and respecting Indian enterprises. The current Global Pandemic Covid19 is going to impact a lot of Indian businesses and individuals. During exceptional circumstances like this, the brand appeals every Indian to come forward and support each other by buying Swadeshi goods & services.

IDW abreast digital amid Covid-19

World’s Foremost ‘Only Diamond Show’ Bharat Diamond Week [BDW] goes digital! Show to support large number of buyers to get back into business by offering a much wider variety of products and increased number of exhibitors through the BDW-digital platform!

The organizing committee of Bharat Diamond Week-BDW, world’s foremost ‘only diamond show’ decided that the BDW will go Digital. The decision was taken by the committee over an online meeting today. The Bharat Diamond Week in its 4th edition was slated to be orgnaised during the first week of August 2020.

Is GJEPC looking for government package!

Recently at the Webinar Vice Chairman GJEPC India Colin shah agreed upon the fact that the gem & jewellery export fraternity is looking for bank facilities. He said, GJEPC is communicating with RBI to clarify all those related banks to announce related package!

Further, Colin Shah said, GJEPC India is also looking for the package for export fraternity from government. No doubt, GJEPC is working in the sync with Ministry of Finance, Ministry of Commerce & Industry. Swiftly communication is going on and looking at all those aspects to boost exports at post Covid-19 era.

Post Covid-19 survival strategy!

Recently Informa Markets organised Webinar amid the lockdown of pandemic Covid-19. Veteran leaders of gem & jewellery including, Nirupa Bhatt, MD-GIA India & Middle East, Sachin Jain, President-Forevermark Diamonds-India, Sanjay Kothari, Gem & jewellery industry Icon & Chairman-GJSCI, Ex Chairman-GJEPC, Mehul Shah, Vice President-BDB & Treasurer-WFDB & Saiyam Mehra, Director- Unique Chain, Convener-GJC joined the panel to get expressed their prudent thought on, Managing the Crisis, Mitigating the impact with survival strategy!

Managing the Crisis, Mitigating the impact with survival strategy subject clarified the difference between the 2008 global turmoil & Covid-19. Mehul Shah said the global turmoil 2008 was an economical. It was economic mayhem where every business activities were on, mines were exploring. Thus issue of oversupply of rough created during the global Turmoil. While, at this Covid-19 every activities are halted! Demand & Supply has existing at the same halted point.

Development of Entrepreneurship in India

The Ministry of Skill Development and Entrepreneurship (MSDE) is implementing a pilot scheme, Pradhan Mantri Yuva Udyaimta Vikas Abhiyaan (PM YUVA) towards creating an enabling ecosystem through entrepreneurship education, training, advocacy and easy access to entrepreneurship network.

The scheme covers 10 States and 2 Union Territories {viz. i.e. Uttar Pradesh (6 districts), Uttarakhand (4 districts), Bihar (10 districts), West Bengal (12 districts), Assam (11 districts), Meghalaya (2 districts), Maharashtra (5 districts), Tamil Nadu (17 districts), Telangana (8 districts), Kerala (4 districts), Delhi (1 district) and Puducherry (1 district)}. The scheme envisages creation of 600 new and 1000 scale-up enterprises. 

Website Solutions for online stores

RapNet, the world’s largest marketplace for diamonds and jewelry, is partnering with web technology company Thinkspace to provide cost-effective website solutions for jewelry retailers.

The new alliance enables RapNet members to easily and quickly develop high-quality websites for their retail stores, immediately populated with RapNet’s vast inventory of diamonds and jewelry. RapNet members will enjoy exclusive discounted website packages that allow them to affordably reach customers online, bring in new clientele and compete in the digital sphere.