Mumbai: India Ratings and Research (Ind-Ra)
has maintained a stable outlook on organised jewellery retailers and a negative
outlook on cut and polished diamond (CPD) exporters for FY18.
Hong Kong: The JNA Awards, one of the
world's most prestigious awards in the jewellery and gemstone industry, is now
calling for entries for its sixth edition.
Moscow: ALROSA representative Dr. Sergei
Terentev will introduce the firm's newly developed instrument Diamond Inspector
at the third Mediterranean Gemmological and Jewellery Conference in May.
Toronto: Gahcho Kué, the world’s largest
new diamond mine in the last 13 years, officially began commercial production
on 2nd March 2017, according to a press release.
Mumbai: Muthoot Exim, the precious metals
division of the 130-year–old corporate conglomerate Muthoot Pappachan Group,
today launched India’s first ever range of non jewellery platinum products made
from the rarest of precious metals, platinum.
Surat: With the arrest of ISIS terror
suspects from Saurashtra, a Quick Response Team (QRT) of city police has been
placed at the Mahidharpura diamond market where transactions of precious stones
worth crores of rupees take place daily, reports The Times of India. A number of
angadia dealing in high value transactions also operate from the area. The
decision was taken following demand from the diamond industry representatives.
India's gold jewellery exports to the
United Arab Emirates (UAE) declined by a massive 56 per cent in January 2017
due to a 5 per cent import duty levied by the local government there.
Hong Kong: The Gem & Jewellery Export
Promotion Council (GJEPC), the apex body of the gems & jewellery industry
in India, is organizing India Pavilion at Hong Kong International Diamond, Gem
and Pearl show from 28 February to 4th March 2017 at AsiaWorld-Expo and at Hong
Kong International Jewellery Show from ¬2nd to 6th March, 2017 at Hong Kong
Convention & Exhibition Centre (HKCEC).
New Delhi: Buoyed by encouraging GDP growth
figures released by the Central Statistics Office (CSO) which showed
demonetisation did not cause the kind of damage predicted by his rivals and
critics, PM Modi on Wednesday defended his decision, and said that "hard
work has won over Harvardeducated economists, who had predicted
As announced in December 2016, junior miner
Rockwell Diamonds signed an agreement to sell "none-core assets" -
the Remhoogte and Saxendrift mines - to Nelesco Proprietary 318 for US$3.48
million (ZAR45m); it has now been completed. The sale and purchase agreement
also releases Rockwell from environmental and tax liabilities (rehabilitation
liabilities) totalling US$5.40 million (R70m) as well as the transfer of 100
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