NEWS
Dunnedin
Ventures provided an update on rotary air-blast drilling at its 100% owned
Kahuna Diamond Project in Nunavut. The Company reports it has discovered a new
kimberlite pipe (KH10-11) and drill-tested two additional historic pipes.
Diamond recovery tests will begin shortly, and first results are expected in
8-10 weeks.
Highlighting
some of the points Dunnedin said, new
KH10-11 kimberlite pipe discovery, and two historic pipes (KD900 and KD230)
re-drilled to review diamond content and potentially expand diamond-bearing
phases. Indicator minerals were observed in kimberlitic material recovered from
two of the three pipes (KH10-11 and KD900), including garnet, picroilemite, and
olivine - similar to significantly diamond bearing kimberlite drilled on the
property to-date.
Sangeeta Boochra brings to you her unique range of bracelets and cuffs in classic & modern styles for every occasion. These handcuffs are uniquely designed and look absolutely flawless when worn. You can find them in various designs in silver, gold polish & oxidized.
Shopping
therapy is one of the best therapies for anyone and everyone. Moreover,
accessory shopping is what captures one’s eyeballs. No outfit is complete
without an accessory piece, to describe your style. From wearing pendant chains
and stud earrings, the trend has kept evolving through the years.
Nowadays,
no one daunts from heaping additional layers to the contemporary style. Today,
wearing layered necklaces has becoming the new style statement. Pairing one
single chain with another piece of chain or adding coloured strand to a simple
chain is preferred over minimal accessories.
Pandora,
the world’s largest jewellery manufacturer, announces a retail price reduction
across the majority of its jewellery assortment within the Chinese market. Effective
from July 19, 2018 the reduction is
across the majority of the Company’s jewellery collections, with the overall
adjustment range at around 15%.
The
new prices are reflected on all platforms including the Pandora owned eStore
and the Tmall flagship store.
Being
the most known jewellery brand globally, Pandora jewellery is highly sought
after, and the demand has seen a rise in the grey market trade within China. The
price reduction aims to limit this, as well as balance the retail price difference
in the mainland Chinese market and other markets.
According
to DeBeers Q2 Production for the second quarter ended 30 June 2018, rough
diamond production increased by 3% to 9.0 million carats, reflecting production
increases to meet stronger demand as well as the contribution from the ramp-up
at Gahcho Kué. Botswana (Debswana) production increased by 6% to 6.3 million
carats in response to stronger trading conditions.
Jwaneng
production increased by 4% to 3.0 million carats due to an increase in tonnes
mined and treated. Similarly at Orapa, production increased by 8% to 3.3
million carats due to the ramp up of additional processing capacity in response
to stronger trading conditions. Namibia (Namdeb Holdings) production increased
by 32% to 0.5 million carats driven by access to consistently higher grades at
the land operations and technology-led optimisation of the marine drill fleet.
According
to De Beers Group, its Canadian mining business, De Beers Canada, has entered
into an agreement to acquire 100 per cent of the outstanding securities of
Peregrine Diamonds Ltd, owner of the high quality Chidliak diamond resource
located in Canada’s Nunavut Territory, at a purchase price of C$0.24 per share,
for a total cash consideration of approximately C$107 million.
The
Chidliak resource was discovered in 2008 and is located approximately 120 kilometres
northeast of Iqaluit on Baffin Island. A total of 74 kimberlite pipes have been
identified at Chidliak, including the CH-6 and CH-7 pipes, which are the
current focus of Peregrine’s Chidliak Phase One Diamond Development programme.
Recently
World Gold Council (WGC) published the report, Mid-year outlook 2018: Global
economic trends and their impact on gold says, the gold price has tended to
increase in September! WGC says, “We believe that the confluence of key trends,
as highlighted for the second half of 2018, could be supportive of gold demand.”
In addition, gold’s recent pullback will likely support consumer demand as
lower prices have historically increased jewellery buying.
SRDC,
one of India’s premier gemological institutes officially announced its
rebranding as IIG (International Institute of Gemology) at a grand ceremony on
July 19. To mark this proud milestone, Mr Ramnikbhai Shah, founder of leading
diamond manufacturing house Venus Jewel and Mr Arvindbhai Parikh, MD and
founding partner of Crystal Diamonds inaugurated IIG’s new institute in
Panchratna Building, Opera House.
The
organization’s new logo was unveiled by industry veteran Mr Ghanshyambhai
Dholakia, Founder and MD, Hari Krishna Exports Pvt. Ltd. The event was graced
by around 150 eminent members of the gems and jewellery industry.
Embracing
new ways to support the GJ industry
Change
is constant, and Swarovski, a company that prides itself on its creative and
innovative tradition, is always exploring new ways to showcase its products and
services to the national market. For this reason, Swarovski is now moving on
from its more than a decade-long relationship with the Gems & Jewellery
Export Promotion Council for the India International Jewellery Show (IIJS).
The
collaboration with these organizations, along with the support for the India
International Jewellery Week, an event that Swarovski has contributed to since
its inception, has brought with it invaluable opportunities. The presentation
of Swarovski Genuine Gemstones and Zirconia has always added brilliance and
glamour to the shows and fired the imagination of many jewellery designers.
Glamour,
India’s largest B2C fine jewellery exhibition has emerged as an integral event
on the fashion calendar. Set to be held on 27th, 28th and 29th July,
2018 at Taj Lands End, Bandra, the exhibition is all set to celebrate Indian
Bridal Fashion and emerging jewellery trends at its luxurious best.
While
the exhibition is known for bringing up an eclectic mix of luxury brands and
premium jewellers, who redefine fashion equation for the coming season, it
won’t be an exaggeration to say that the show does it with style. With this
year being no different, Glamour has chosen renowned actress Neha Sharma for
their upcoming expedition.
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