Yes, we shall overcome: WFDB

Recently Ernie Blom, WFDB President Ernie Blom inked an open letter to the fraternity & said, “For one thing I am sure of – there will be life and business after COVID-19. And that humanity will arise Phoenix-like from this situation. To soar once again.”

In a few days from now, many of you, my colleagues and friends in the diamond and jewellery industries will be celebrating the important festivals of Easter and Passover. Like most of you, this year, my heart too is filled with anguish, but at the same time, it is also inspired by faith.

Vintage bridal jewelry, The Regal Panache

Jewellery is something that has to do with emotion and your bridal jewelry is something which adds that extra flair of class and spice on one of the most important day of your life. It adds the exquisite detail that helps to tie your whole look together.

Whether you prefer sleek vintage bridal jewelry, a dazzling art-deco statement, or a dainty touch of sparkle dangling from your bridal earrings, your wedding jewelry is an extension of not just your wedding dress but also the intense warm feeling inside which can’t be expressed by mere words.

Collections inspired by luxe designs

Narayan Jewellers New York Fashion week Fall-Winter 2020 collection, The Empress Collection designed in collaboration with Designer Bibhu Mohapatra & Forevermark comprises of 7 capsule collections. Inspired by Bibhu’s luxe designs, the collection is for a woman who is bold, strong, independent, caring, loving and takes her own decision. The collection truly defines an NJ Woman.

Witnessing the introduction of two new concepts of Ear Climbers – which is an earring climbing up the ear lobe but stopping halfway and the Ear Jackets which appears like a stud being worn both in front & back, the impeccable collection also includes statement Ear studs, Chandelier Earrings, Asymmetrical Earrings, Cocktail Handcuffs and Multiple finger rings.

Covid-19 threatens $32tn of Asia corporate debt

According to the estimated by CER, The coronavirus outbreak is threatening to force companies across the Asia-Pacific region to default after years of low interest rates prompted many to gorge on trillions of dollars of debt, media reports.

In the years following the global financial crisis to 2019, the volume of outstanding corporate debt issued by companies in the region doubled to $32 trillion, according to Moody’s, a rating agency.

Prospecting Licences to Botswana Diamonds

 Botswana Diamonds (BOD) has awarded six new Prospecting Licences PL 017 -18 of 2020 and PL 066 – 069 of 2020 to Sunland Minerals (Pty) Ltd-a wholly-owned subsidiary of BOD.  The licence tenure is for a period of three years until 31 March 2023. The licences cover an area of 4,319 square kilometres in the Central and Kgalagadi Districts, colloquially known as the Kalahari.

Lockdown measures at Lucapa Diamond

Lucapa Diamond Company Limited notes the recent declaration of a National State of Emergency by the President of the Republic of Angola, His Excellency Joao Lourenco, as one of the measures to prevent and combat the spread of the coronavirus pandemic.

The National State of Emergency, which will be in force until 11 April 2020 and may be renewed, will extend to the entire national territory and is in line with the World Health Organization recommendations. The lockdown measures outlined in the Presidential Decree do allow certain industrial activities to continue, including mining.

Kagem emerald mine suspended operations

The turmoil stemming from COVID-19 patently represents one of the most serious challenges faced by many companies globally. Gemfields is no exception and a significant detrimental impact on its operations, revenues and business is inevitable during 2020 and possibly beyond.

The wellbeing of Gemfields’ employees and communities remains the overriding priority. As of 30 March 2020, all but critical operations at the Kagem emerald mine in Zambia have been suspended for what is hoped to be a period not exceeding one month.

This Akshaya Tritiya with Utkala collection

Reliance Jewels, one of India’s most trusted jewellery brands brings to its valued patrons, its latest spellbinding collection – Utkala, where beauty rises. Inspired by Odisha’s enchanting art heritage, the renowned jewellery house is continuing its design legacy of re-creating majestic temple jewellery.

Utkala comprises an exquisite range of gold and diamond necklace sets, which includes bedazzling creations that purely replicate the meticulous carvings of Konark Sun Temple to the majestic Jagannath and Mukteshwara Temples, and from the beautiful art form of Pattachitra to the vivid festival of Boita Bandana, and Seenthi, a head gear used in Odissi - the pre-eminent classical dance form from Odisha.

The One, Cushion-Cut Diamond Micropavé Ring

The ultimate expression of true love, Harry Winston Engagement Rings feature rare diamonds selected from only the top color (D, E, and F) and clarity grades (Flawless-VS2) expertly set in platinum to create a superlative engagement ring that shines with maximum brilliance. From cushion-cut, to emerald-cut, to oval and pear-shaped, the House’s unique engagement rings are available in a variety of cuts and styles.

The One, an exceptional engagement ring and unique piece of fine jewelry, features a cushion-cut diamond center stone, framed by micropavé diamonds, set on a micropavé band. The timeless glamour of the micropavé setting has quickly become an iconic Harry Winston style.

Nimesh Patel leaves DeBeers room!

De Beers Group announced that Nimesh Patel, Chief Financial Officer, will leave the business to join Spirax-Sarco Engineering plc as their new Chief Financial Officer and Executive Director before the end of July.

Nimesh joined Anglo American in 2012 as Group Head of Corporate Finance before moving to De Beers Group in 2016 as Chief Financial Officer, joining both the Executive Committee and Board.