NEWS
Belgium’s Rough Trade Buoyant in New Year
Antwerp: Belgium's rough diamond trade
surged again in the month of January, as the dollar value of rough exports from
the diamond capital rose 30% while imports kept pace with a 31% increase
compared to the same period in a year ago, according to figures from Antwerp
World Diamond Centre (AWDC).
Zim Seeks to Produce 500 000 Ct Per Month By End of Year
Cape Town: Zimbabwe is planning to produce 500 000 carats per month in Marange by end of this year, a government official has said.
BrilliANT - 9th ADTF on January 28-30, 2018
Antwerp: Antwerp, Belgium - February 10,
2017: Less than a week after the successful conclusion of the eighth edition of
BrilliAnt - the Antwerp Diamond Trade Fair, the Organizing Committee announced
the dates for the next edition: January 28-30, 2018.
IIDGR Establishes 1st Retailer Grading Partnership in Asia
Singapore: The International Institute of
Diamond Grading & Research (IIDGR), part of The De Beers Group of
Companies, yesterday announced that it has established its first retail
partnership in Asia for its generic polished diamond grading services.
Forevermark Launches Valentine’s Day Collection
Mumbai: As life partners, lovers and best
friends there’s magic in the moments you spend together. This Valentine’s Day,
Forevermark Diamonds has introduced a special collection with two Forevermark
Diamonds to celebrate this relationship.
Argyle Diamond Mine Faces Uncertain Future
Perth: Last year Rio Tinto’s diamond
revenue slid 12%, leading them to review their plans to extend the life of the
Argyle diamond mine, considering the global demand for rough had otherwise
strengthened, writes The West Australian. Rio Tinto spent $US2.5 billion
expanding the Argyle mine below ground with an expected lifespan reaching 2021.
Should they decide not to continue with the planned underground extension, the
mine’s closure could come considerably sooner.They are yet to announce whether they will
continue with the second stage of the underground block cave at the East
Kimberley mine. Rio boss Jean-Sebastien Jacques confirmed the mine’s future was
under review: “It’s a pretty challenging market environment. Diamond prices are
not great, except for the nice pink ones, so it’s a pretty challenging
situation,” he said. “I can’t make any comment on any extension of the block
cave at this point in time because everything is under review.”
10th Signature IIJS Ended with Success
Mumbai: The 10th edition of Signature IIJS
and the 4th edition of IGJME concluded here with a success-note. There were
ample signs that the Indian gems and jewellery industry had received a shot in
the arm heralding that relatively better days lie ahead. Over the last year,
the industry has faced multiple challenges be it in the form of continued
global uncertainties or policy changes that have affected the way the domestic
trade goes about its business.
Design Inspirations 2017- Day 1
Mumbai: In its golden jubilee year, the Gem
& Jewellery Export Promotion Council (GJEPC) presented ‘Design Inspirations
2017: Designing for the Millennials’ seminar from 9th to 10th February 2017.
Design Inspirations is an initiative to educate jewellers, designers and
students about the upcoming trends in gems & jewellery sector in India,
Europe and the US. It seeks to give in-depth insights into consumer (especially
millennials) behavior patterns, aspirations, desires, emotions, feelings; and
how to translate them into thematic concepts and visual directions.
Tender of Russian Large Stones
Antwerp: I. Hennig Tenders will be
tendering a large selection (approximately 250 stones) of large single rough
stones (10.80 carats to 183 carats) of Russian origin. Viewings for the tender,
to be held in Antwerp from February 15 to 23, are by appointment only.
WFDB Presidents Setting up Financial Taskforce
Antwerp: The WFDB will be creating a financial
taskforce to follow up on the Finance Seminar held during the 2017 Presidents
Meeting, President Mr. Ernie Blom told a press conference at the end of the
event on Wednesday at the Bharat Diamond Bourse (BDB). Mr. Blom said that the
comprehensive discussion on financing for the diamond industry, along with the
issue of generic diamond marketing and other key topics, had been extensively
debated at the Presidents Meeting.