NEWS
Angolan Diamonds yield USD 256 million
in Q1
Angolan
diamond sector yielded USD 256.5 million during the first quarter (Q1) of 2018,
said the national director of Markets and Trade Promotion (MTP) of the Mineral
and Petroleum Ministry, Gaspar Filipe Sermão. The official revealed the data
during the second “Outlook” meeting, which assessed the diamond trade in 2nd
quarter of 2018 and analyzed the perspective of the market in the third
quarter.
H1
jewellery demand in India fell 8% YoY
Global
gold demand remained muted in Q2 2018 at 964 tonnes (t), 4% below the same
period in 2017, according to the World Gold Council’s latest Gold Demand Trends
report. Slower inflows into gold-backed exchange-traded funds (ETFs) created a
weak comparison against the highs of last year, contributing to the lowest H1
demand since 2009.
Whilst
China, the world’s largest gold market, saw a 7% rise in consumer demand as bar
and coin demand rose 11% and jewellery demand hit a three-year high.
Kiran
Exports (HK) Ltd Ranking First As
The
Highest Gems & Jewellery Sales Importer
Kiran
Exports (HK) Ltd. is the World’s Leading Supplier of Natural Polished
Diamonds. It serves the Far East Asian
market, including China from its offices located in Hong Kong and China. The
office houses all modern buying facilities for buyers to view and buy
diamonds.
In
a first of its kind, this friendship day,
Remember
you are #FriendsFirst
We
are living in transient times, where this search for novelty and individuality
has taken precedence over building or even preserving an emotional connection.
Today, the smallest hiccup in a relationship has the ability to conjure up
thoughts of giving up and letting go. We are so busy chasing our individual
goals and responsibilities that we become unmindful of the strong foundation
that we had once created with our partner.
Recently
the Ministry of Mines and Mineral Resources and the National Minerals Agency
(NMA), Sierra Leone hereby inform the general public that as part of ongoing
efforts to transform the Minerals Sectors, the Agency is clamping down on
illegal Miners and Mineral Right Holders who have not been meeting their
financial and other obligations to Government.
Wishes!
man-made stones to
differentiate
from natural diamonds
The
DPA welcomes the release of the new Federal Trade Commission (FTC) Jewelry
Guides following six years of consultation with the industry. This document
plays an important role, alongside other applicable norms and standards, in
protecting consumers from deceitful communication by marketers.
Gem and Jewellery exporters honored at 44th edition
of IGJA
“Treating exports under the
priority sector lending will help India achieve the target of becoming a USD 10
trillion economy by 2035 amid the current operating environment”
The
Gem & Jewellery Export Promotion Council (GJEPC), the apex industry body
organised 44th edition of India Gem & Jewellery Awards at
Mumbai to felicitate the names of the winners from gem and jewellery industry
in all the categories.
Palmietgat
Kimberlite Pipes, Botswana Diamonds announces that Vutomi has been granted
prospecting rights to Portions 1, 3, 5 and 7 of the farm Palmietgat, in the
Limpopo Province, approximately 50km North of Petra’s Cullinan diamond mine.
The
Palmietgat area comprises six diamondiferous kimberlite pipes of which three
fall within the granted prospecting rights area which is contiguous to the
Palmietgat Mine, formerly operated by Trivalence. Trivalence extracted 63,379
cts of diamonds from Palmietgat during 2003-4 (at which time their mining
licence expired), valued at US$60.68 per carat (US$3.846 million) and reported
resources of 3.5 million tonnes at an estimated grade of 44 cpht (unknown
bottom cut-off and resource classification), to a depth of 110 metres for three
of the kimberlites. There are also
substantial tailings and residue dumps on the property.
Brazil
Minerals, announced the successful production of an initial batch of polished
diamonds from rough gems that it recovered from diamondiferous gravel using
modular processing plant technology. These diamonds were mined within one of
its mining concessions in the Jequitinhonha region of the state of Minas Gerais
in Brazil.
The
Company has over twenty mineral rights for diamonds in some of the best
locations in Brazil. Brazil Minerals has had its polished diamonds certified
and graded at the Gemological Institute of America (GIA) in Carlsbad,
California.
The
Diamond Development Initiative (DDI) announces the continuation of its
partnership with Rubel & Ménasché, the Paris-based diamantaire. Rubel &
Ménasché has been a proud supporter since 2012.
"We're
thrilled for the continued partnership as 2018 is a big year for us," says
Dorothée Gizenga, Executive Director of DDI. "With their support of our
core programs, Rubel & Ménasché are helping make a difference for artisanal
diamond miners around the world."
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