A new world from a fresh: Leibish

In his blog, Polnauer Leibish said, “G-D created and destroyed several worlds before he allowed this world to exist", comments J.B Soloveitchik on the Midrash Raba (according to Rabbi Aharon Rakeffet). When we all return to work we will see the actuality of these words, “we have to start from fresh in terms of recreating our jobs, connections, products and communications.”

Indigenous ventilator developed by STPL

Coronavirus or COVID-19 is the largest pandemic the world has witnessed since more than a century. It has killed thousands of people, disrupted supply chains, and caused a lockdown of major cities. According to a Brookings report, the country might need anywhere between 1.1-2.2 lakh ventilators by May 15 in the worst-case scenario, whereas the number of ventilators today available in the country is 57,000 at best.

Surat-based STPL has stepped-up in developing an indigenous ventilator sensing the dire need of mechanical breathing device to strengthen the nations fight against the Covid-19 pandemic. STPL is one of the few Indian companies to successfully develop a ventilator in such a crucial time. The real challenge is to make this life-saving device reachable to the needy people.

The way forward for the industry!

GJEPC organized a thought-provoking webinar on ‘The Way Forward for the Industry Post Covid-19’ on April 20. The panel comprised of Global Industry Leaders - Stephen Lussier, Executive Vice-President, Consumer & Brands, De Beers; David Kellie, Managing Director, Diamond Producers Association (DPA); David Tait, CEO, World Gold Council; and Ajoy Chawla, CEO, Tanishq. The esteemed Panel was moderated by Colin Shah Vice Chairman, GJEPC. The session was attended by 1844 participants from India and globe!

Never waste a good crisis!

An Indian perspective of the Covid-19 crisis by Rajiv Mehta, Member of WDC Board of Directors &

Director-Dimexon Diamonds is featured:

As I write this on April 14, 2020, we are completing the 20th day of the lockdown in India and, tomorrow, Prime Minister Narendra Modi shall address the nation on his strategy about how he intends to lead the way for India’s 1.3 billion people.

Gem Diamonds Q1 remained reasonable!

Gem Diamonds Group's operational and sales performance from 1 January 2020 to 31 March 2020 that is Q1 2020 revenue was US$47.3 million (Q4 2019: US$51.3 million). Average price achieved for the Period was US$1 615 per carat (Q4 2019: US$1 713 per carat). Carats sold during the Period were 29 298 (Q4 2019: 29 945). 11 diamonds sold for more than US$1.0 million each, generating revenue of US$20.7 million during the Period.

US Retail Sales March Plummet!

Retail sales saw their biggest monthly drop on record during March as the coronavirus pandemic forced restaurants, bars and many stores to temporarily close across the nation and stay-at-home orders also impacted gasoline sales, the National Retail Federation said.

“Covid-19 has hit the retail industry unevenly,” NRF Chief Economist Jack Kleinhenz said. “This is a market of haves and have-nots. The haves are the stores that remain open with lines out the doors to buy daily necessities while the have-nots are the stores that have closed and are taking the brunt of the impact of the pandemic. These numbers should come as no surprise given the mandated shutdown of our economy to slow the spread of the virus.”

Take the digital side in Covid-19

PGI USA wishes health, safety and security to all our platinum friends and partners during this time. As an organization, our team is working remotely until the risk of Covid-19 diminishes. With the understanding that all businesses are facing economic difficulties and uncertainties, we wanted to share a few tips to help you effectively take advantage of the digital side of your omnichannel strategies-with consumer sensitivity in mind.

AGD unearths 50.36 carats diamond!

On April 13 at the mining and processing plant (GOK) them. V. Griba AGD Diamonds JSC produced an exclusive diamond of jewelry quality weighing 50.36 carats. Innovative, highly environmentally friendly technologies in the processing of kimberlites allow JSC AGD Diamonds to regularly produce large quality diamonds.

Alrosa upgrades Aikhal division

Construction of a new froth flotation line at the processing plant #14 will improve recovery of diamonds from the Aikhal kimberlite feed.

Alrosa is to invest around RUB 200 million to install a froth flotation (pneumoflotation) line at the processing plant 14 of Aikhal Division to improve beneficiation of ore from the Aikhal kimperlite pipe. It started treating it in 2020 after the shutdown of the Plant 8. However, current gravity concentrators used at the Plant 14 do not allow recovering diamond sizes of 0.5-2 mm from Aikhal ore.

Anglo American contribute to fight global covid-19

In recent weeks, Anglo American has set out the extensive support it is providing to its employees, host communities and countries of operation in its global response to the Covid-19 pandemic.

Anglo American is continuing to provide a wide range of essential services in many communities, focused in those countries where the group operates, while also responding directly with additional support to help alleviate the health and economic effects of Covid-19.