LFW and DPA presents The Real Cut Season-3

Registrations open till 05th January 2020

Diamond Producers Association (DPA) and the Lakmé Fashion Week (LFW), India’s biggest fashion stage, are once more presenting an exciting opportunity for the nation’s budding diamond jewellery design talent with the third edition of ‘The Real Cut’. 

Harry Winston Midnight Collection

Conjuring a starry night sky with twinkling blue adventuring and diamonds, the Midnight Retrograde Second Automatic 39mm is a modern-day classic sophisticated and feminine.

Effortlessly elegant, timelessly classical, the Midnight Collection includes timepieces of superlative simplicity. The Midnight Collection pays tribute to the tradition of fine watchmaking in its most timeless form. Appealing to both men and women, each model is produced in rose or white gold beautifully combining purity and elegance.

2020 Year of the Mouse Australian Series

With previous releases sold out, this 1oz pure silver coin featuring an authentic Australian opal centrepiece etched with a mouse design is certain to dazzle collectors of lunar and Chinese New Year themes. The opulent coin has a limited mintage of just 5,000 coins.

Home Themed Coins Lunar Australian Lunar Series III Australian Opal Lunar Series - 2020 Year of the Mouse 1oz Silver Proof Coin is to celebrate the Year of the Mouse in style with this prestigious coin from Australian Mint.

NITI Aayog Releases SDG India Index

NITI Aayog released the second edition of the Sustainable Development Goals (SDG) India Index, which comprehensively documents the progress made by India’s States and Union Territories towards achieving the 2030 SDG targets.

The SDG India Index-which has been developed in collaboration with the Ministry of Statistics and Programme Implementation (MoSPI), United Nations in India, and Global Green Growth Institute—was launched by NITI Aayog Vice Chairman Dr Rajiv Kumar; Members Dr Ramesh Chand and Dr V K Paul; CEO Amitabh Kant; UN Resident Coordinator Renata Dessallien; MoSPI Secretary and Chief Statistician of India Pravin Srivastava; and NITI Aayog SDG Adviser Sanyukta Samaddar.

Alrosa to hold 34 auctions in 2020

Alrosa plans to hold 34 international auctions for special size rough diamonds (weighing over 10.8 carats) in 2020. According to announcement, in Q1, the company will have seven auctions, in Q2 - eight, in Q3 - seven, and in Q4 - 12 auctions will be held in 2020.

The largest number of auctions, eleven, will take place in Moscow, three auctions will be held in Vladivostok. Other tenders will take place in largest international diamond trading centers, where Alrosa has trading representative offices. The company will have three auctions in Antwerp (Belgium), four – in Dubai (UAE), five – in Ramat Gan (Israel), four – in Hong Kong (China), and four – in New York (USA).

Closing the gender gap in peer-to-peer lending

According to Bihong Huang ink expressions, financial inclusion for women has been embraced by policy makers as an important development priority. However, despite women having lower risk preferences and higher creditworthiness, the gender gap in access to finance is still prevalent in the traditional credit market.

This is due to various factors, such as differences in employment opportunities, legal obstacles, cultural norms, and limited access to the guarantee mechanism, among others. With advances in digital technology, online peer-to-peer (P2P) lending has emerged as an alternative to traditional lending institutions around the world, allowing lenders and borrowers to bypass banks and remain anonymous.

Renewal of Kagem Mining Licence

Gemfields is a world leading supplier of responsibly sourced coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine).

The Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licenses in Zambia, Mozambique, Ethiopia and Madagascar.

191ct rough unearthed at the end of the year

Alrosa unearthed this crystal in the early hours of December 25 at the Botuobinskaya kimberlite pipe in Yakutia. According to estimations made by Alrosa’s experts on site, a rough diamond weighing 190.77 carats has high quality characteristics. The age of the stone is estimated at about 2 billion years. Further mineralogical analysis will reveal more precise numbers.

“This is a true sign to find such a large and high-quality diamond just around the end of the year. The Nature has already endowed us in 2019. For example, a heart-shaped diamond was mined at the Udachnaya pipe just before Valentine's Day. Surely, such findings are very remarkable," said Evgeny Agureev, Deputy CEO of Alrosa.

Special UK Coins, 2020 Annual Sets

The coins struck by The Royal Mint draw us into stories of far-reaching significance. Through this special selection of coins, we celebrate the individuals and groups of people at the centre of these events, paying tribute to their quest for new horizons, their drive for peace and their visions of progress and excellence. We share these anniversaries that shaped our present with minutely detailed designs on the miniature surface of a coin.

Polished sales to tumble down over 10% by 2019

In 2018, cutting and polishing revenue grew 3%, supported by a healthy increase in consumer demand for diamond jewelry. However, polished diamond sales are expected to drop 10% to 15% by the end of 2019 because of slowing demand for diamond jewelry globally, lower diamond content in jewelry designs, inventory optimization by major retailers and declining available financing for midstream players.

The combination of lower polished diamond sales and excess inventory accumulated by the midstream in 2017 and 2018 reduced net imports by 3% and 30% in 2018 and 2019, respectively. India experienced the steepest decline.