NEWS

China Gold revenue up by 46% in 9M 2018

China Gold revenue up by 46% in 9M 2018

Gold production tumbles at China Gold Q3

 

Gold production of CSH Mine falls by 28% 

 

China Gold books loss yet Q3 revenue up by 61%

 

China Gold International Resources reports on the Company’s financial and operational results for the three Q3 2018 and nine months ended September 30, 2018. According to the report, revenue increased by 61% to US$158.8 million from US$98.5 million for the same period in 2017. Yet, Net profit after income taxes decreased from US$17.4 million for the 2017 period to a loss of US$4.6 million in 2018, mainly driven by foreign exchange loss of US$11.0 million.


Evara’s pays tribute to daughters of Today

Evara’s pays tribute to daughters of Today

Evara’s new collection pays tribute to daughters

 

Platinum Evara’s new collection

 

11 rare women, 11 rare stories and

11 pieces crafted from rare platinum

 

An ode to Daughters of Today

 

When daughters lead, it creates change in society. Daughters of today are altering and widening the narrative around us. They are questioning norms, reinventing age old practices, amending gender dictates’& building support for their vision of a progressive, equal opportunity world . What’s vital is that they are doing it all with values that are becoming increasingly rare. With courage, perseverance, benevolence, warmth, empathy they choose paths of positive transformation.

 



Conflict diamonds definition in KP Plenary!

Conflict diamonds definition in KP Plenary!

The European Union hosts this year's plenary meeting of the Kimberley Process in Brussels, Belgium is being opened up from 12 to run untill 16 November. This Plenary meeting is discussing latest developments in the implementation of the Kimberley Process Certification Scheme and wider diamond governance, as well as the ongoing reform agenda of the Kimberley Process.

 

World Diamond Council (WDC) urges Support for Strengthening the Kimberley Process by Expanding the Definition of Conflict Diamonds while the KP Plenary session on! The Proposed Definition and Principles for Responsible Sourcing Further Support the Reform Agenda and Industry’s Efforts in Raising Standards to Meet and Exceed Consumers’ Expectations! 

 



Alrosa sells large rough in Vladivostok

Alrosa sells large rough in Vladivostok

Alrosa, the largest diamond mining company in the world, has summed up the results of the auction in Vladivostok for the sale of large special size rough diamonds (over 10.8 carats).

 

The company has sold 119 gem-quality rough diamonds with the total weight of 1,890 carats. The overall revenue from sales reached $10.3 million. 26 companies, representing global diamond trading centers, were recognized as winners in various diamond positions.

 


The Pink Legacy diamond sold for CHF50mn

The Pink Legacy diamond sold for CHF50mn

The Pink Legacy, a Fancy Vivid Pink cut-cornered rectangular-cut diamond of 18.96 carats. Sold for CHF 50,375,000 on 13 November in the Magnificent Jewels sale at Christie’s in Geneva! Rahul Kadakia, International Head of Jewellery at Christie’s, explains why this spectacular 18.96-carat Fancy Vivid Pink diamond sold for CHF50,375,000 in Geneva.

 

‘The saturation, the intensity of this stone is as good as it gets in a coloured diamond,’ states Rahul Kadakia, International Head of Jewellery, of the Pink Legacy, an extraordinary 18.96-carat Fancy Vivid Pink diamond that sold for CHF50,375,000 in the Magnificent Jewels  auction on 13 November at Christie’s in Geneva, and was promptly renamed The Winston Pink Legacy by its new owners, Harry Winston.

 


 


 

VOD DIJS 2018 declared officially open

VOD DIJS 2018 declared officially open

VOD Dubai International Jewellery Show (VOD DIJS) - an event organised by DV Global Link, a joint-venture company between Dubai World Trade Centre (DWTC) and Italian Exhibition Group (IEG) - was officially opened today by His Excellency Butti Saeed Al Ghandi, Second Vice Chairman of the Dubai World Trade Centre.

 

His Excellency was joined by His Excellency Helal Saeed Almarri, Director General of Dubai’s Department of Tourism and Commerce Marketing and CEO of Dubai World Trade Centre;Gianpaolo Bruno, Italian Trade Commissioner to the UAE, Oman and Pakistan; Valentina Setta, Italian Consul General to Dubai; H.E. Mr. Vipul, Consul General of India Dubai; Mr. Johnson Kam, Director and Ms. Catherine Chan, General Manager of Hong Kong Jewellery& Trade Manufacturers Association; Luca Veronesi, VOD DIJS Show Director; and Marco Carniello, Jewellery& Fashion Division Director - Italian Exhibition Group.

 



Queen Marie pearl sells for CHF 36.4m

Queen Marie pearl sells for CHF 36.4m

Geneva, one of the most important historic collections of royal jewels made auction history. One hundred treasures from the collection of the Bourbon Parma family together realised CHF 53.5m ($53.1m), more than seven times the pre-sale high estimate of CHF 7m ($7m) and a record for any sale of royal jewels, eclipsing the long-held benchmark of $50.3m established by the sale of jewels of the Duchess of Windsor established in 1987.

 

Every jewel offered tonight found a buyer, with many selling for high multiples of pre-sale expectations.

Following exhibitions of the jewels around the world, international collectors and history-lovers demonstrated the full force of their fascination with the historic treasures.

 


New mining equipments for largest emerald mine

New mining equipments for largest emerald mine

Kagem Mining has invested US$11 million in new equipment to increase operational efficiencies at the world’s largest emerald mine, creating further skilled local jobs in the process.

 

The equipment includes 13 Articulated Dump Trucks (ADTs) with a rated capacity of 45 tonnes each; two 6-cubic-metre Hydraulic Excavators and service equipment such as Water Bowser with 36,000 Litres carrying capacity, Tyre Handler, Telescopic Handler and other supporting equipment. These machines feature state of art technology to facilitate smooth, safe and productive operations.

 


Argyle Pink Diamonds delivers record

Argyle Pink Diamonds delivers record

Rio Tinto’s Argyle Pink Diamonds Tender delivers record results for pink, red and violet diamonds!

 

Rio Tinto’s 2018 Argyle Pink Diamonds Tender collection of 63 rare pink, red and violet diamonds from its Argyle mine in Australia has delivered another record result reflecting strong global demand for fancy coloured diamonds. These results are also a reflection of Argyle approaching the end of its mine life, with the supply of these extremely rare diamonds becoming even scarcer.

 




Production up by 49% at Mountain Province 9M

Production up by 49% at Mountain Province 9M

Mountain Province Diamonds Inc announces its financial and operating results for Q3 2018 & says earnings from mine operations for the three and nine months ended September 30, 2018 amounted to $25.2 million and $68.3 million respectively.

 

For the nine months ended September 30, 2018, approximately 2443K tonnes of ore treated and 5391K carats recovered, on a 100% basis, for an average recovered grade of 2.21 carats per tonne, ahead of expectations. The recovered grade for Q3 2018 was also very high at 2.40 cpt. The Company’s 49% attributable share of diamond production for the three and nine months ended September 30, 2018 was approximately 891,000 carats and 2,642,000 carats respectively.

 


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