KPCS Plenary inaugurated!

The Plenary meeting of the Kimberley Process Certification Scheme (KPCS) is being hosted by India, the present Kimberley Process (KP) Chair, from 18th to 22nd November, 2019 in New Delhi. The Plenary meeting was inaugurated by Commerce Secretary, Dr. Anup Wadhawan. Speaking on this occasion Commerce Secretary said that India, as a founding member of KP, has been actively involved in the development of KP as an important protocol in trade of diamonds which has ensured that 99.8% of the diamonds in the world are conflict free.

WDC urges for the important KP reforms

Speaking directly to government representatives at the start of the 2019 Kimberley Process (KP) Plenary Meeting in New Delhi, India, on November 18, Stephane Fischler, President of the World Diamond Council (WDC), has stated that, with the KP’s three-year reform and review cycle about to end, the governments alone hold the future of the Kimberley Process’ much anticipated reform agenda in their hands.

CIBJO Congress opens in Bahrain!

The 2019 CIBJO Congress has opened in Bahrain, with a call on the jewellery industry by CIBJO President Gaetano to take action on climate change, which he said was not an issue specific to the sector, but it is the “most important story of our time.”

“There is a tendency, when faced by a challenge of this magnitude, to feel that we as individuals are helpless,” Dr. Cavalieri continued. “But if each of us does nothing, the march towards inevitable environmental catastrophe will continue. However, if each of us acts, and then that is multiplied over and over and over, company by company, industry by industry, it may be possible to stave off disaster. It is the least we can do.”

Invaluable cooperation between WFDB and CIBJO

World Federation of Diamond Bourses (WFDB) President Ernie Blom has praised the close working relationship between the WFDB and CIBJO, the World Jewellery Confederation, at the opening of the 2019 CIBJO Congress which started today in Bahrain. The unity allows the diamond and jewelry industry to provide a unified response in the face of global challenges, he told the international gathering.

Newest collection of Platinum Love Bands!

“I am a re-write obsessive” and “SHE - a one-take wonder” – These lines from the latest digital film launched by Platinum Days of Love are just a short glimpse of the film that unfolds to tell the most endearing story of a couple. Two accomplished individuals in their own field – the boy a celebrated writer and the girl – a revered actor, fall in love & their love creates something bigger, a third space that is greater.

Conceptualized and developed by Dentsu Webchutney, the film supports an empowering new narrative from Platinum Days of Love, a narrative that is based on being “GreaterTogether”. It is the thought that holds together all facets of the new season’s collection of Platinum Love Bands.

Precision Meets Passion!

Handcrafted Chocolate Jewellery Embellished with Swarovski Zirconia

On display at JW Marriott Mumbai Sahar untill 20th November 2019

Mumbai’s five-star luxury destination JW Marriott Mumbai Sahar in association with Swarovski inaugurated a never before concept of culinary expertise showcase: Handcrafted Chocolate Jewellery embellished with Swarovski Zirconia, a collection of precision cut jewellery stones, untill 20th November 2019.

Rough diamond auction in the US

Alrosa announces the results of the auction for special size rough diamonds (weighing over 10.8 carats) held in New York. Reviews of rough diamonds took place at the company’s trade representative office Alrosa USA Inc.

The company sold 93 rough diamonds with a total weight of 1,560 carats, and earned $11 million in sales revenue. This is the best result of the last few months. There were 95 participants from the US, Belgium, India, Israel, UAE, Russia and Hong Kong.

Rough diamond tender from 6th of December

Trans Atlantic Gem Sales (TAGS) is pleased to announce their upcoming rough diamond tender taking place from the 6th to the 12th of December 2019 in the newly renovated, state-of-the-art facility at the Dubai Diamond Exchange, Almas Tower in Dubai.

DMCC publishes diamond guideline in Arabic

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – released the approved Arabic translation of the ‘Diamond Terminology Guideline’. The guideline sets a universal standard for the diamond and jewellery trade when communicating about diamonds and laboratory-grown diamonds. The guideline provides clear and accessible terminology to eliminate confusion among industry bodies, organisations and traders around the origins of a specific stone.

Previously available in nine languages, DMCC was commissioned to translate the guideline into Arabic, ensuring unity in diamond terminology across Arabic-speaking countries.

GCIR gold production increased by 24% in Q3

China Gold International Resources Corp Ltd (GCIR) reports on the Company’s financial and operational results for the three months (Q3) and nine months (9M) ended September 30, 2019. According to selected production and financial highlights of Q3 2019 compared to q3 2018 says, revenue increased by 17% to US$186.4 million from US$158.8 million for the same period in 2018.

Mine operating earnings decreased by 25% to US$26.3 million from US$35.1 million for the same period in 2018. Net loss after tax decreased from US$4.6 million for the 2018 period to US$0.3 million for the same period in 2019. Total gold production increased by 24% to 63,113 ounces from 50,860 ounces for the same period in 2018.