Technologies Ltd announces expanded its collaboration with Clara Diamond
Solutions Corporation, a subsidiary of Lucara Diamond to extend provenance
traceability to Clara's diamonds through the Sarine Diamond Journey.
is a digital, web based rough diamond sales platform that uses our Galaxy /
Advisor derived possible planning solutions together with proprietary matching
analytics to sell individual rough diamonds directly, stone by stone, to
diamond manufacturers and integrated jewellery houses, eliminating the need to
buy in large batches and allowing these businesses to focus their working capital
on the specific stones they need, at prices they can afford.
to Launch First FX Rolling Futures Contracts in July!
Dubai Gold and Commodities Exchange (DGCX) today confirmed the launch date of
its three FX Rolling Futures contracts – Euro (EUR), Pound Sterling (GBP) and
Australian Dollar (AUD) against the US Dollar (USD). The contracts will go live
on Monday 6 July, 2020, and will expand its suite of currency products that
include G6 and Indian Rupee contracts, with the latter being the world’s
largest pool of offshore exchange-traded Indian Rupee liquidity.
prepare to welcome back students
GIA (Gemological Institute of America) gem identification and grading
laboratory in New York City will reopen on Monday, June 29. The 11 global GIA
laboratories are open, gradually adding hours and extra shifts to meet the
increasing demand for services.
Small Miner (ASM) in the African nation of Tanzania has become an overnight
millionaire after digging up two massive chunks of one of the world's rarest
gemstones. Saniniu Laizer earned 7.7 billion Tanzanian shillings (A$4.35
million) by selling the two Tanzanite stones, which weighed 9.2kg and 5.8kg.
Mr Laizer found these stones, the largest Tanzanite gem ever found was 3.3kg.
Diamond Eternity Perfect for a gift!
Diamond Eternity Ring by Lark &
& Berry said, “Our new Trinity Stackable Rings in Silver and Cultured
Diamonds can be worn in loads of ways! Wear one on each finger, wear both on
the same finger facing up, facing down, facing opposite ways or stacked
together to make a bolder ring!”
your digits with diamonds, with our stunning Trinity Stackable Diamond Eternity
Ring. With delicate milgrain detailing around each exquisite Cultured Diamond,
you will want to wear this for eternity! Rings can be worn individually or as
at Geneva on 22 July
the series of Christie’s Jewels announcement for Global Sales Calendar, June
& July 2020, Christie’s announced both Online & live auctions. Earlier
Christie’s Jewels announced the global sales calendar & that includes
auctions in all major sale sites spanning Geneva, Hong Kong, London, New York,
and Paris. Here
is the detail of live auction of Magnificent Jewels scheduled on 22 July at
Geneva Magnificent Jewels auction will offer nearly 200 lots featuring a
significant selection of colored and colorless diamonds, and gemstones, along
with signed jewels spanning the 19th century through to present day.
of Micro, Small and Medium Enterprises (MSMEs) launches another funding scheme
to help the distressed MSME sector! Minister of MSME, Nitin Gadkari today
launched the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) which is
also called “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”.
per the Scheme, the guarantee cover worth Rs. 20,000 crores will be provided to
the promoters who can take debt from the banks to further invest in their
stressed MSMEs as equity.
was being felt that the biggest challenge for stressed MSMEs was in getting
capital either in the form of debt or equity. Therefore, as part of Atmanirbhar
Bharat package, on 13th May, 2020, Finance Minister had announced this scheme
of sub-ordinate Debt to the promoters of operational but stressed MSMEs.
diamond industry is slowly getting back on its feet
from WFDB Acting President Yoram Dvash!
summer is here and there is reason for optimism and for concern, first the good
world diamond industry is slowly getting back on its feet. Diamond bourses are
returning to activity around the world, with limitations and restrictions
brought on by the Coronavirus crisis. Antwerp, the leading rough trading
center, opened its bourses in May, as did Ramat Gan. Most recently Dubai and
New York reopened and Mumbai returned with limited capacity
the recent scenario, Pangolin Diamonds said about activities at its various
projects in the Republic of Botswana, Africa. These includes, 1: All field
teams fully operational, 2: Approval granted to proceed with AK10 kimberlite
500 tonne bulk sample, 3: New kimberlite drill targets to be delineated at
Malatswae and Motloutse Projects & 4: KW04-C dyke to be tested for macro
diamonds at Kweneng Project.
Covid-19 lockdown in Botswana has gradually been relaxed in Botswana over the
past six weeks and the resource sector is deemed as an essential service. It is
now possible to travel without a movement permit within a single Covid-19 zone.
Movement permits are still required to move between zones. Pangolin is pleased
to announce that as a result of the relaxation of the lockdown all technical
teams are now fully operational.
silverware demand fell by a notable 9% last year to 59.8Moz (1,860t), but that
was still the second highest total this decade. The drop was almost entirely
down to India’s 11% decline. Increases were rare, with the only notable example
being Turkey’s export-led 36% jump. Widespread losses remain the order of the
day for this year, with the total currently forecast to fall another 9% and
again largely down to the decline India faces.
rising for two consecutive years Indian silverware fabrication dropped by 11%
to 41.2Moz (1,282t) in 2019, its largest annual decline over the past decade.
This reflected two key factors, the economic slowdown and the growing liquidity
crunch. Taking each in turn, the Indian economy grew by just 4.7% in Q4, 2019,
its slowest pace in nearly six years, while unemployment rose to a 45-year high
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