Harare: Zimbabwe should partner with other
countries to establish a diamond cutting and polishing centre if the country is
to benefit from value-addition of its gemstones, Indian ambassador to Zimbabwe,
Rungsung Masakui has said.
Surat: The Diamond City will host a
two-day-long Diamond Detection Expo & Symposium (DDES) 2017 to provide a
platform for the trade to interact with developers of machines and technology
for detection of natural diamonds and synthetic at Samast Patidar Samaj Bhavan
at Katargam starting from April 14.
Moscow: Russian diamond miner Alrosa
announced rough sales of $554.2 million in March. Polished diamond sales
amounted to $12.4 million.
Total diamond sales in March amounted to
$566.6 million, 1 percent higher than the same period last year.
Mumbai: The Kiran Gems group has announced
the restructuring of its operations which will include the creation of several
separate and independent businesses in different countries.
Perth: Australia's Lucapa Diamond Co. has
earned $2.5 million (A$3.3M) from a parcel of 1,919 carats at their third sale
in 2017 of rough diamonds from the Lulo Project in Angola. This represents an
average price of $1,317 (A$1,742) per carat, and brings their total 2017 sales
to $13.2 million at an average price of $2,055 (A$2,696) per carat.
Los Angeles: The American Gem Society (AGS)
has presented former head Cathy Calhoun with its prestigious Robert M. Shipley
Award for her service to the organization and the wider industry. She received
the award during the annual AGS Conclave last week in Hollywood, California.
Geneva: Apple’s legal team has lodged a
complaint with the Swiss Federal Administrative Court to sue Swatch over the
use of the slogan ‘Tick Different’ in its recent ad campaign.
New York: Luxury Swiss jewellery brand
Chopard has announced a collaboration with singer Rihanna for two upcoming
collections.The ‘Rihanna Loves Chopard’ collection will debut at this year’s
Cannes Film Festival in May and will be available for sale in June.
Mumbai: Import of gold into India rose to
US$ 3.4 billion during February 2017, as compared to US$ 1.4 billion a year
earlier, but the overall imports for the first eleven months of the previous
fiscal were still about 24% below the levels for the comparative period a year
ago, according to data released by the Indian government, as reported widely in
Hong Kong: Retail sales in Hong Kong during
the month of February across all categories registered a 5.7% drop in value
terms and a 6.1% fall in volume terms year-on-year, according to statistics
released recently by the HK government. Provisional estimates put the sales at
$34.8 billion during February. Sales have now fallen for the last 24
consecutive months, though the rate of decline in recent months has been
relatively slower than before.
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