NEWS
Finalists for Xifu Wedding Jewellery Design Competition
Hong Kong: The Xifu International Gold
Wedding Jewellery Design Competition 2017 is pleased to announce that it has
shortlisted 30 finalists who will vie for the Grand Prize that includes a 1kg
pure gold bar.
Polished Diamond Prices Decline in June
Mumbai: Polished diamond prices softened in
June after the JCK Las Vegas show demonstrated a cautious and changing US
market, according to the recently published Rapaport monthly report.
126 Carat Diamond Recovered from Letšeng Mine
London: Gem Diamonds has recovered a “high-quality” rough diamond weighing 126 carats at its Letšeng mine, following a switch to a more lucrative section of the project in Lesotho, the company reported Thursday.
Argyle Diamond Coin Trilogy Sold Within a Month
Perth: Rio Tinto is delighted to announce
the sale of The Australian Trilogy, an AUD$1.8 million one-of-a-kind coin
collection featuring a pink, purple pink and violet diamond from Rio Tinto’s
Argyle Diamond Mine in the east Kimberley region of Western Australia.
Gold Jewellery Demand May Grow by 9%: ICRA
Mumbai: The gold jewellery demand is
expected to grow by nine per cent in value during calendar year (CY) 2017,
following rapid formalisation of the sector, ICRABSE -0.17 % said in a report."The gold jewellery demand is expected
to grow by nine per cent in values and six per cent in volumes during CY
2017," rating agency ICRA said in a report here.
Lulo Achieves Huge Sales Growth
Luanda: Rough-diamond sales from the Lulo
mine in Angola rose 58% in the second quarter, reaching $4.8 million, owner
Lucapa Diamond Company reported Wednesday.
Platinum 'Season of Love' Gets Big Thumb’s Up!
Mumbai: Platinum ‘Season of Love’, is an
exclusive in- store festival, where customers commemorate their love in true
platinum style. The 2017 edition of ‘Season of Love’ was celebrated across all leading
platinum jewellery retailers across India, from 15th May to 15th June and had
extraordinary offers available for customers on the purchase of platinum
jewellery.
DDE’s Biennial Conference Taking Place in October
Dubai: The Dubai Diamond Exchange (DDE) has
announced the third edition of its biennial two-day Dubai Diamond Conference
2017, with the theme ‘Destination Next – Shaping the future of an
interconnected marketplace’.
ALROSA Appoints Vladivostok Director
Moscow: Alexey Ivanov is a new head of
ALROSA branch in Vladivostok. He will be in charge of the branch business
development, search for new clients and the Company’s expansion at the platform
of the Eurasian Diamond Center (EDC).
Angola Has Billion Carats Diamond Reserves
Moscow: Alrosa said a geological research
carried out by Angolan and Russian geologists in Angola over the last five
years has shown that the country’s diamond reserves are estimated at 1 billion
carats.