YUG dealers meet 2018 held

Organized by Tanvi Gold Cast-

A branding partner of Swarovski Gemstones

Tanvi Gold cast LLP organized a Yug dealer’s meet in Rajkot, Mr. Bipin Viradiya - MD, Tanvi Gold Cast LLP welcomed Chief Guest - Mr. Rajendra Jain MD Swarovski Gemstones India, Special Guest of honor - Mr. K. Srinivasan MD Emerald Jewel Industry, and Mr. Nickunj Shah and Mr. Jayshukh Adesara - President of Gems & Jewellery Association, Rajkot were the guest of honors for the event.

The meet announced the Tanvi Gold Cast branding association with Swarovski Gemstones for their Yug brand embellished with Swarovski Zirconia. Mr. Bipin shared about Tanvi`s new upcoming 1 lakh square ft. manufacturing facility in Rajkot. The dealers were informed regarding the latest collections with Swarovski  Zirconia. Each dealer was honored and appreciated for their loyalty and contribution.

Akshaya Tritya offer!

Titan has announced a scintillating offer this Akshaya Tritya season under the Nebula range of solid Gold watches. Bring home good fortune with these exquisite watches set in 18k and 22k solid Gold. With elegant designs, Nebula watches blend of the rich heritage of Indian jewellery making and the fine craftsmanship of watchmaking.

These watches bring to life Indian grandeur, celebrating the rich Art and Architecture of a resplendent past. Marking the auspicious season, Nebula has offered up to 20% Off up to 22nd April 2018. So, come over and discover the exquisite world of Nebula.

2018 Akshay Tritiya to growth 25%

Once again trade showcases are staring at Akshay Tritiya 2018! Last year over all the Tritiya had been grew by 30% YoY. At the juncture Nayan Jani, Editor-JNI says, though this year’s estimate looks little lower than the 2017 yet expectations are more to perform. Just concluded Manthan 2018 vibrated jewellery fraternity, global trade wars scenario & metal demand behaviour as well as good sentiment with buyer are the key & that may rock over the estimate, surprisingly may go beyond last year’s growth! Let’s seen the Tritiya 2018! 

According to Mr Aditya Pethe, Director, WHP Jewellers, “We are anticipating a good demand this Akshay Tritiya with an expected increase of 15-20% in sales this year. As the gold prices have increased in this week, we feel it will reinstate the consumer’s faith into the category. This is the season where consumers mostly buy gold Jewellery and keeping this in mind we have launched a Gold Nath Collection which will boost our sales this Akshay Tritiya.”

Large stone pushes Alrosa growth in March!

Alrosa Group, the world leader in diamond production, announces diamond sales results for March and three months of 2018.

In this March, Alrosa Group sold USD 559.5 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 550.3 million, polished diamond sales – USD 9.1 million. Alrosa’s total diamond sales in the first quarter 2018 amounted to USD 1.606 billion. Rough diamonds were sold for USD 1,582 billion, polished diamonds – for USD 23.7 million.

7th DPMC By DMCC concludes!

DMCC, the world’s leading Free Zone for commodities trade and enterprise, held the 7th edition of its industry-leading annual Dubai Precious Metals Conference (DPMC) on April 09, with more than 300 participants listening as speakers and panellists from the precious metals sector discussed issues and opportunities critical to the future of the worldwide trade, at The Westin Hotel, Habtoor City, Business Bay.

Following the opening speech by DMCC CEO Gautam Sashittal, the conference keynote speech was delivered by Lord Dr Hastings of Scarisbrick CBE, Global Head of Citizenship, KPMG. Lord Dr Hastings said: "If you want to build a sustainable future, then having values and operating ethically and transparently is critical.

Forevermark hosts a leadership program

A leadership program for

authorized retailers at Cambridge University

Forevermark, the diamond brand from The De Beers Group of Companies, recently organised a customised programme on ‘Leadership in the Disruptive Era’ at the Cambridge Judge Business School, the acclaimed business school of the University of Cambridge with 35 select leading partners.

Working with the Cambridge Judge Business School, Forevermark adapted the program to open up the minds and build an enduring future for leaders in the industry. The aim of the course was to help them better manage and revolutionise their businesses in a dynamically growing disruptive economy by also teaching them about the value of consumer trust, transparency and ethics.

Manama to host CIBJO Congress?

CIBJO President Gaetano Cavalieri has concluded a week-long visit to the Kingdom of Bahrain, as the guest of DANAT, the Bahrain Institute for Pearls & Gemstones, during which he met with the leadership of the country's fast-developing gemstone and jewellery centre, and discussed the possibility of its hosting the CIBJO Congress in 2019.

Located on an archipelago on the northern flank of the Arabian Peninsula, the energy-rich Kingdom of Bahrain is home to a pearling industry that traces its history back 4,000 years. DANAT, the Bahrain Institute for Pearls and Gemstones, was formerly was established in 2017, as a wholly-owned subsidiary of the Bahrain Mumtalakat Holding Company, the Kingdom's sovereign wealth fund.

Trade stares US$100bn size by 2025!

Update 3: Just concluded Manthan 2018 also moved up to ink & launch their Vision 2025 for GJ (Gem-n-Jewellery) Sector. According to Nitin Khandelwal, Chairman, GJC, “With Manthan 2018, we shall launch our Vision 2025 program for an indigenous gems & jewellery sector sized at USD 100 billion in sync with our Prime Minister’s Vision of promoting Indian handcrafted jewellery and designs.”

India’s GJ business is a sterling example of Make-in-India contributing around 7% of the country’s GDP. The sector provides jobs to more than 46 lakh people of the country, thus making significant contribution to the country’s socio-economic framework. GJC has a roadmap for adding 2 million (20 lakh) new jobs in the gems & jewellery sector including 40% of the new jobs for women.

Pangolin to acquire AK10

Pangolin Diamonds Corp. announced that  it has signed an option agreement with Makanwu Civil Blasting (PTY) Ltd. (MCB), a private company incorporated under the laws of the Republic of Botswana. Under the Agreement, MCB has granted Pangolin the sole and exclusive option to earn up to a 75% interest in respect of MCB’s precious stone AK10 Diamond Project located in the Central District of Botswana, Africa.

Dr. Leon Daniels, President and CEO of Pangolin, commented, “I am extremely pleased with this transaction.  The AK10 kimberlite has been under evaluated and the opportunity exists potentially to uncover and develop another AK6 Karowe Mine.”

ZCDC set for a 42% rise!

Conglomerate mining production at the Zimbabwe Consolidated Diamond Company (Pvt) Ltd’s (ZCDC) Chiadzwa diamond fields is set to register a 42 percent rise with current output now standing at over 100,000 carats.

The state mining entity has been shifting to Conglomerate mining due to the continued depletion of alluvial deposits which were first mined in Marange in 2006. In line with its Diamond Mining Business Model (DMBM) the state-owned mining entity last year invested in a 450 tonne per hour conglomerate processing plant to be installed at Portals (A & B) at a total cost of $20 million.