NEWS
Surat: Prime Minister of India, Mr.
Narendra Modi yesterday inaugurated the Kiran Multi Super Speciality Hospital
and Research Centre set up by the Samast Patidar Arogya Trust in the heart of
the diamond district of Katargam, Surat. The Trust has been founded by leading
members of the diamond industry and also has industrialists, entrepreneurs,
academicians and professionals as its members.
New York: The Gemological Institute of
America (GIA) has unveiled a new machine for identifying synthetic diamonds,
including stones that have been mounted in jewellery.
Dubai: The Dubai Diamond Exchange (DDE)
gained 268 new members in 2016, facilitating a sharp rise in diamond-trading
activity there.
Antwerp: A delegation of ALROSA headed by
the company’s President Sergey Ivanov is on a working visit to Antwerp, the
diamond capital of Belgium. The announcement came in a press release
distributed by ALROSA’s press service on Tuesday.
Hong Kong: A large collection of
exceptional colored diamonds and gemstones will go under the block at Bonhams
Hong Kong as part of its forthcoming Rare Jewels and Jadeite auction.
London-based miner Gem Diamonds has
appointed Harry Kenyon-Slaney as an independent Non-Executive Director and
Chairman of the Company to succeed Roger Davis, who will be stepping down at
the Annual General Meeting on 6 June 2017. Kenyon-Slaney has over 33 years of
experience in the mining industry, principally with Rio Tinto. He is a
geologist by training and his experience spans operations, marketing, projects,
finance and business development and he has worked in South Africa, Australia
and the UK. Until 2015,
Surat's diamond industry is all set to
glitter with the direct business links with the world's second largest diamond
centre in Dubai following the proposed launch of international connectivity by
the Air India (AI) starting from May 15.
New York: Sales of fine jewellery and fine
watches rose by 6.2 percent in the U.S. market in February 2017, when compared
to the same month a year ago.
Surat: A summary of the findings of the study
on the synthetic diamond landscape carried out by Bonas & Co for the
GJEPC’s Natural Diamond Monitoring Committee (NDMC) and released at the DDES
2017 estimates the current peak installed capacity of synthetic diamond
manufacturers worldwide to be between 2.3 mn to 4.2 mn, or about 2-3% of total
natural diamond supply.
Mumbai: India’s finance ministry is
formulating a policy to auction gold deposited with banks under the Gold
Monetisation Scheme (GMS) which will pave the way for purchase of the precious
metal by jewellers. This will also mark the complete rollout of the scheme that
was launched in November 2015 to trim imports and check current account
deficit, reports Financial Express.
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