Chandbalis for the season!

Jewellery connoisseur Tanya Rastogi, once again showcases her sculptural prowess with a fresh range of Chandbalis for the season. The collection takes inspiration from the splendor of Mughal & Rajwadi architecture accentuating circle as the central theme of each masterpiece.

Each stunning chandbali is meticulously handcrafted in 18K yellow gold crowned with precious gemstones including emeralds, rubies and sapphires. Some are also studded with fine cut-diamonds and polki work, making them a girls’ best friend.

Responsible business practice

The event would be held on 1 March 2018 Collector’s Gallery, Hong Kong Convention and Exhibition Centre.

The discussion will focus on the commercial case for responsible business practices in the jewellery industry. It will outline how the RJC can equip organisations throughout the jewellery supply chain to respond to changing customer demands and increase opportunities to conduct business in the global jewellery industry.

Alrosa evaluates Mir for production

Alrosa, the world leader in diamond mining, carried out initial evaluation of applications submitted to the open contest of projects for the resumption of production at Mir deposit. An expert group reviewed all applications from Alrosa’s employees, representatives of Russian and foreign companies, scientific academic and industry institutes, design organizations, and individuals.

The majority of applications came from Russian cities, including Moscow, Yekaterinburg, Krasnoyarsk, Novosibirsk, Irkutsk, and Yakutsk, and one – from South Africa. Following the results of the qualifying round, 33 applications have been admitted to the next stage of the contest and their authors have been granted access to extended information for more detailed preparation of projects.

Lucara earns more per carat!

Recently Lucara announces said in a Full Year Results that their revenues of $220.8 million or $847 per carat while that was $295.5 million by earning $824 per carat in 2016. Perhaps, their Year end cash position was $61.1 million over the 2016 of $53.3 million.

Karowe Mine: The south lobe continued to produce high value diamonds during the year with a total of 521 specials (>10.8 carats), 5.6% weight percentage of total recovered carats in 2017 (2016: 4.9%). Excluding the sale of the Lesedi La Rona the average sales price for 2017 was $647 per carat, in line with the 2016 average sales price of $649 excluding the sale of the 813 carat Constellation diamond.

Fura unveils new corporate website

Fura Gems Inc announces the launch of its new corporate website, at www.furagems.com and the availability of its new corporate presentation.

The new website features up-to-date information on the Company’s mining assets as well as quick and easy access to in-depth information regarding the Company, its management and board of directors, corporate presentations, news releases, financial reports and other relevant corporate information.

The 61st BGJF Opens!

The Theme Heritage & Craftsmanship highlighted!

The Ministry of Commerce’s Department of International Trade Promotion (DITP) officially opens the 61^st Bangkok Gems and Jewelry Fair(BGJF) under the theme “Heritage & Craftsmanship,” highlighting Thailand’s cultural heritage and the exquisite craftsmanship of Thai artisans while setting the stage for local and international companies to engage in trade negotiations. The Ministry of Commerce is confident that the fair will play a vital role in continuously increasing exports of gems and jewelry in 2018.

DJWE opened up & celebrates 15 years

Under the Patronage of the Prime Minister and Minister of Interior, HE Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Doha Jewellery and Watches Exhibition Opened up & reveals 2018 edition, celebrates 15 years of delivering the finest in luxury to Qatar as well!

His Excellency toured the exhibition accompanied by Qatar Tourism Authority (QTA) Officials, and The Organising Committee, As Well As Key Players In The Jewellery Market. Young Qatari Designers initiative returns to DJWE to celebrate local talent & Visitors invited to a new one-day DJWE Forum, daily industry talks, and bespoke jewellery & watches workshops. About over than 400 brands from over 10 countries to showcase exclusive pieces.

GJEPC Makes Statement on Nirav Modi/Gitanjali Gems Incident

The Gem & Jewellery Export Promotion Council (GJEPC) made a statement on the incidents which have recently come to light with regards to the alleged fraud committed by two members of the Council. Produced below in its entirety:

The Indian diamond industry with its over tens of thousands of factories, 6000 exporters are world leaders in processing of diamonds. The total Diamond exports stands at a staggering US$23 billion with a value addition in excess of US$ 7 billion.

Alrosa auctions for rough and polished

Alrosa plans to hold two auctions for the sale of rough and polished diamonds at the Hong Kong International Diamond, Gem & Pearl Show, which is organized by the Hong Kong Trade Development Council (HKTDC) in Hong Kong from February 27 to March 3, 2018.

The United Selling Organization (USO) of Alrosa auctions special size rough diamonds over 10.8 carats. The USO puts up for sale 121 gem quality lots with a total weight of 1949 carats, the weight of the largest diamond is 47.08 carats.

IMDH announces the sale of its marine rough

International Mining and Dredging Holdings Ltd (IMDH) announces the sale of its Namibian marine rough diamond production. IMDH will be offering approximately 35,000cts of Full RoM, Original Marine Goods of Gem quality from the specialist mining vessel, the Ya’Toiva.