NEWS

Common Facility Centre at Visnagar Inaugurated

Common Facility Centre at Visnagar Inaugurated

Ahmedabad: The first ever Common Facility Centre for the gems and jewellery trade was inaugurated by Mrs. Rita Teaotia, Hon'ble Commerce Secretary, Government of India at Visnagar in Gujarat yesterday.


Design Inspirations 2017, Day-2

Design Inspirations 2017, Day-2

Mumbai: The second and concluding day of Design Inspirations, GJEPC's annual seminar on design and trend forecasting, continued February 10 with the focus on the challenges of creating and marketing jewellery to the millennial generation. A range of speakers both from within the trade and outside shared their insights on a theme that has been much discussed over the last few years.


High holiday sales for Chow Tai Fook in China

High holiday sales for Chow Tai Fook in China

Beijing: Chow Tai Fook's sales from the mainland outperformed those in Hong Kong during the Chinese New Year holiday period. Retail revenue from mainland China jumped 4 percent during January 14 to February 3, which covers the two-week run-up to the festival and the first seven days of the New Year. Same-store sales rose 1 percent as reported in Rapaport.


Smolensk Diamonds Wins Two Awards

Smolensk Diamonds Wins Two Awards

Moscow: Jewellery Group Smolensk Diamonds has won two awards at a prestigious international jewellery exhibition JUNWEХ PETERSBURG 2017 which took place from February 1 to 5 in St. Petersburg.

AWDC provides Grant to Diamond Development Initiative

AWDC provides Grant to Diamond Development Initiative

Antwerp: The Diamond Development Initiative (DDI) is pleased to acknowledge a contribution from the Antwerp World Diamond Centre (AWDC) in support of its efforts to transform the artisanal and small-scale mining sector, improve the conditions of artisanal diamond miners and their families and to promote responsible sourcing.


Healthy Demand at First Liqhobong Diamond Sale

Healthy Demand at First Liqhobong Diamond Sale

Antwerp: Firestone Diamonds reported strong demand for higher-quality diamonds at its debut sale of rough from the Liqhobong mine in Lesotho. However, weaker market conditions dented prices for smaller stones.


IDWI 2017 Opens with Festive Ceremony to Packed IDE Trading Hall

IDWI 2017 Opens with Festive Ceremony to Packed IDE Trading Hall

Ramat Gan: The Sixth International Diamond Week in Israel (IDWI) opened today to a packed trading hall at the Israel Diamond Exchange (IDE), with the participation of some 400 buyers from 30 countries, and over 200 diamond companies exhibiting from Israel and abroad. The festive opening ceremony included speeches by Israel Minister of Tourism Yariv Levin, Alrosa President Andrey Zharkov, IDE President Yoram Dvash, Israel Diamond Institute Chairman Shmuel Schnitzer, Diamond Dealers Club Reuven Kaufman and other diamond leaders.


CIBJO’s Blue Books Available on its Website

CIBJO’s Blue Books Available on its Website

Milan: The six CIBJO Blue Books are definitive sets of grading standards and nomenclature for diamonds, coloured gemstones, pearls, coral, precious metals, and gemmological laboratories. They are compiled and then are consistently reviewed and updated by the relevant CIBJO Commissions, whose members include representatives of trade organisations and laboratories active in the respective areas of the industry. In the almost complete absence of jewellery industry standards endorsed by the International Standards Organisation (ISO), the CIBJO Blue Books are the most widely accepted set of globally accepted standards.


CaratLane Opens 1st Store in Mumbai

CaratLane Opens 1st Store in Mumbai

Mumbai: ​CaratLane, India's leading omni-channel jeweller has opened its 1st store in Mumbai, at High Street Phoenix, Lower Parel. For a brand that’s on a mission to democratize access to jewellery, this store launch, the 15th in the country, is another step forward in expanding its retail footprint and making its jewellery more accessible.


DRC Diamond Output, Revenue Drop

DRC Diamond Output, Revenue Drop

Cape Town: The Democratic Republic of Congo (DRC) produced 13.5 million carats in 2016 compared with 15.8 million carats, a year earlier.

Data presented by the country’s Centre for Expertise, Appraisal and Certificate (CEEC) at the ongoing Investing in African Mining Indaba in Cape Town, showed that last year’s output was the lowest since 2007, the year it was readmitted to the Kimberley Process.


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