London: A family-run Yorkshire firm has
just dispatched its largest order – nearly three miles of hoses to a diamond
mine in Angola.
New Delhi: India’s Supreme Court has told
officials pushing for fresh attempts to bring the priceless Koh-i-Noor diamond,
now part of the British crown jewels, that it cannot interfere in the
diplomatic process nor can it direct another country to not auction the gem.
Harare: Zimbabwe said it will not support
the civil society’s sponsored move to expand the definition of conflict
diamonds to include issues such as human rights.
Mines minister Walter Chidhakwa told Rough
& Polished that Harare engaged the South Africans on the sidelines of the
African Mining Indaba last February and they also indicated their discomfort
with the overhaul of the definition.
Harare: Zimbabwe NGO Centre for Natural
Resource Governance (CNRG) said the Zimbabwe Consolidated Diamond Company
(ZCDC) does not have the capacity to mine diamonds from kimberlite sources,
reports Rough-Polished, adding that the wholly owned state company set up early
last year had no equipment of its own, and would likely turn to foreign
investors to develop in Tsvingwe (Penhalonga) in Manicaland Province, which is
believed to hold kimberlitic diamonds. “A 50/50 joint venture is likely to be
negotiated between ZCDC and its partner.
Beijing: Retail sales of gold, silver and
jewellery continued its winning streak in China, recording a 7.9 percent
increase in the first quarter of 2017, data from the National Bureau of Statistics
of China showed.
Hong Kong: Industry players have until
midnight of May 5 (Hong Kong time) to join the JNA Awards, one of the world’s
most prestigious awards in the global jewellery and gemstone sector.
Perth: Rio Tinto’s diamond production fell
in the first quarter, as its Argyle mine in Australia yielded a reduced volume
and lower grade of ore.
Hong Kong: Hong Kong-based jeweller Luk
Fook Holdings recorded its first quarterly growth for same-store sales in three
years, driven by its gem-set jewellery offering and an improvement in Hong
Moscow: President of ALROSA Sergey Ivanov
took part in an extraordinary business meeting with the company’s long-term
clients dedicated to the new contract period.
Jewellery giant Pandora is to update its
financial reporting structure, effective from the Q1 2017 interim report.
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