NEWS

Angola sales 12597 carats at USD130 per carat

Angola sales 12597 carats at USD130 per carat

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.

 


Q2 global gold demand tumbles by 4%

Q2 global gold demand tumbles by 4%

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) bags IGJAwards

Kiran Exports (HK) bags IGJAwards

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. 

 


PGI India Celebrates friendship between couples

PGI India Celebrates friendship between couples

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.

 


 

 

 

Sierra Leone terminates 40 mineral rights

Sierra Leone terminates 40 mineral rights

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.

 


DPA welcomes the FTC Jewelry Guides

DPA welcomes the FTC Jewelry Guides

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.

 


 

Exports is a strategic priority for India: Suresh Prabhu

Exports is a strategic priority for India: Suresh Prabhu

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.

 



 

Trivalence extracted 63,379 cts of diamonds!

Trivalence extracted 63,379 cts of diamonds!

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 cuts & polish initial diamonds batch

Brazil Minerals cuts & polish initial diamonds batch

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.


DDI continued partnership with Rubel & Ménasché

DDI continued partnership with Rubel & Ménasché

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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