Most stylish range of jewellery

Looking for the perfect colorful ear cuff? Sangeeta Boochra, jewellery brand from Jaipur, brings a new range of ear cuffs from the house of Silver Centrre. This collection is designed by Sangeeta Boochra. Promises to be one of the most stylish range of jewellery that compliments both, traditional as well as western outfit.

Each piece is finely crafted  to elevate any outfit. The brand of ​Silver Centrre is a Traditional and Contemporary Jewelry Design House with, in house state of the art manufacturing facility. All Silver Center products are made in pure sterling silver 925 or 22 kt gold.

7 Sibanye employees died in Driefontein operations!

Sibanye-Stillwater announced that all 13 of its employees who were trapped underground at its Masakhane mine, Driefontein operations had been recovered and brought to surface by mine rescue personnel. Six of the employees, were successfully rescued and transported to hospital, and remain in a stable condition.

It is with much sadness and regret however, that the Board and management of Sibanye-Stillwater confirmed that seven of the 13 employees who were retrieved, passed away from injuries sustained during the incident. The families of all of the employees have been contacted and assisted with transport to the mine, and have been receiving necessary support and counselling, which will be ongoing.

De beers tracks diamonds from mine to retail

De Beers Group announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time a diamond’s journey has been digitally tracked from mine to retail.

An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as they moved from the mine to cutter and polisher, then through to a jeweller.

The platform, called Tracr, is expected to launch later this year and will be open to the industry. When fully operational, Tracr will provide consumers with confidence that registered diamonds are natural and conflict-free, improve visibility and trust within the industry, and enhance efficiencies across the diamond value chain.

Drilling at Kahuna Project by Dunnedin

Dunnedin Ventures provides an update on its ongoing 2018 drill program at its 100% owned Kahuna project, Nunavut. The Company has drill-tested five of approximately 40 targets (13%), with potentially diamond-bearing kimberlite intercepted at two targets. Of the five targets drilled, two were high count DIM-in-till targets, both of which yielded significant extensions to the known high-grade diamond-bearing PST and 07KD-24 kimberlite dikes.   

DMCC to launch a report, Future of Trade

Ground-breaking report examines how global trade will change over the next  decade and how digital it will drive the global economy into the next phase of growth! DMCC, the world’s flagship Free Zone and Dubai government authority on commodities trade and enterprise, is launching its latest report on the ‘Future of Trade’ at London’s Altitude on 15 May 2018.

DMCC Executive Chairman Ahmed Bin Sulayem and Asia House Chairman Lord Green of Hurstpier point will address over 130 C-suite executives, academics, government representatives and economists in attendance.

Michael Lawrence, Chief Executive of Asia House and former Global Editor of Reuters, will also chair a Question Time style debate with panellists Sir Jonathan Faull, Chair of European Public Affairs, Brunswick Group and former Deputy Director General, Directorate General of Competition, European Commission.

CIBJO Congress scheduled during October 15-17

CIBJO, the World Jewellery Confederation, will hold its 2018 annual congress in Bogotá, Colombia, October 15-17, with pre-congress meetings beginning on October 13.

The congress will be hosted by Fedesmeraldas, the National Federation of Emeralds of Colombia, which this year will be a celebrating the 20th anniversary of its founding. Immediately prior to the event, from October 12 to 14, Fedesmeraldas will also host the second edition of the World Emerald Symposium, which CIBJO Congress participants are encouraged to attend.

The main venue for the CIBJO Congress will be the Grand Hyatt Bogotá, which is located in the heart of Ciudad Empresarial Sarmiento Angulo, the city's commercial district.

4th MGJC set to start!

With about a week to go until the 4th Mediterranean Gemmological and Jewellery Conference (MGJC) kicks off on May 18 in Budva, Montenegro, the excitement and anticipation toward the event is building.

"Organizing a gemmological conference is a challenge in many ways," said George Spyromilios, Director of the Independent Gemological Laboratory Hellas (IGL), of Athens, Greece, and a conference co-organizer since the event's inception. "We believe, however that we will be striking the right chords and perform in the correct pitch with the slated presentations and our planned workshops!"

First Inter-Ministerial meeting to boost exports!

Minister of Commerce & Industry (MoC & I) and Civil Aviation Minister, Suresh Prabhu, addressed secretaries and senior officers in the first inter-ministerial meeting on Sectoral Export Promotion Strategy. The meeting was attended by Secretaries to Government of India from Department of Commerce, DIPP, MSME, besides others.

MEA which are concerned with various product groups which comprise a substantial part of India’s merchandise exports. Commerce Minister emphasised that exports are strategically important and sustained growth in exports is critical for India. It is therefore imperative to promote exports as a combined and joint mission which requires the effort of all ministries and departments of the Government.

May polished diamond tender by DDA

DDA Trading is announces its May Polished Diamond Tender. It will be offering approximately 4000cts of Polished Diamonds. Viewings will take place by appointment Only in Antwerp at DDA Trading’s office in the Antwerp, said DDA. From Monday 14th to Wednesday 23rd May with the sale closing on Wednesday 23rd. No viewings will be held on Monday 21st due to the public holiday.

Rough and polished diamonds are sold on auctions conducted by DDA Trading BVBA, our affiliate company in Antwerp, Belgium, using its proprietary online diamond trading platform. Prior to each auction, our clients can inspect offered diamond parcels at viewings in Antwerp, Dubai or Hong Kong.

Lucara revenue tumbles in 1Q

Lucara Diamond announces results for the three months ended as on March 31, 2018. According to the highlighted in the report, Lucara achieved revenues of $25.4 million over the Q1 2017 had been stood at $26.1 million or $401 per carat (Q1 2017: $405 per carat) for its first regular tender, yielding an operating margin of $170 per carat or 42% during the three months ended March 31, 2018.

Recovered 218 specials, single diamonds >10.8 carats in size-during the quarter; the third best tally since mining began in 2012. Q1 2018 EBITDA of $1.4 million tumbled  as compared to $4.9 million in Q1 2017. Net loss for the three months ended March 31, 2018 was $7.0 million as compared to a loss of $1.5 million in the comparative quarter and is attributable to lower revenues, higher depletion and amortization costs, higher administrative and other expenses as compared to the same period in 2017.