NEWS
New York: International Diamond
Manufacturers’ Association (IDMA) has welcomed the newly appointed ladies
executives recently appointed in the global diamond sector on different
faculties.
Moscow: Russia’s top diamond producer
Alrosa has sold two batches of diamonds from its Angola-based processing
facility of Catoca since the beginning of this year, the company’s Vice
President Rinat Gizatulin told TASS.
Mumbai: A high powered Russian delegation
led by Yuri Trutnev, Hon’ble Deputy Prime Minister of Russia and Presidential
Envoy to the Russian Far East discussed closer collaboration between the gem
and jewellery industries of the two countries with representatives of the GJEPC
and BDB during a visit to the Bharat Diamond Bourse in Mumbai yesterday.
Dubai: Ahmed Bin Sulayem, the 2016 KP
Chair, has nominated Maryam Al Hashemi, the UAE KP Director, as the 2017 Chair
of the Committee of Participation and Chairmanship (CPC) of the Kimberley
Process.
Basel: Hong Kong’s top brand Coronet® of
Aaron Shum Jewellery Ltd. is known for innovation and exquisite craftsmanship.
In the past two editions of Baselworld, Coronet® presented the Coronet Diamond
Guitar and Coronet Gemstone Guitar, the two Guinness World Records setting
artifacts that inspired imagination. This year, Coronet® is proud to unveil
their partnership with award-winning Canadian jewellery designer and painter,
Reena Ahluwalia, by launching ‘Coronet by Reena Ahluwalia’ line.
New York: The sixth annual Forevermark
Forum took place last week, with 450 Forevermark retail jeweler, manufacturer
and diamantaire partners.
London: Gem Diamonds Limited posted a sharp
drop in revenue and a halving on the year in profit in its financial results
for calendar year 2016.
Revenue dropped to $189.8 million from
$249.5 million in 2015, while profit was $32.3 million from $67.4 million.
Harare: Zimbabwe’s mines ministry permanent
secretary Francis Gudyanga and the newly-appointed Zimbabwe Consolidated
Diamond Company (ZCDC) chief executive Morris Mpofu visited Marange last week
to assess the situation following reports of a surge in illegal mining
activities, according to media reports.
Moscow: Alrosa reported a 41-percent jump
in revenue to 317.1 billion rubles ($5.4 billion) for 2016 IFRS (International
Financial Reporting Standards) results.
New York: The total number of crimes
committed against U.S. jewellery firms reported to the Jewellers Security
Alliance (JSA) increased by 5.8 percent on the year to 1,245 in 2016 from 1,177
in 2015, the organization says in its annual report.
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