NEWS

China-Thailand Sign MoU on Thailand Gems & Jewelry Fair

China-Thailand Sign MoU on Thailand Gems & Jewelry Fair

Shanghai: Shanghai Gems & Jade Exchange and Thai Gem and Jewelry Traders Association (TGJTA) launched a dynamic jewelry confederation with the aim to boost jewellery trade and exchanges between China and Thailand to establish a modern-day “silk road” under the name of China-Thailand Gemstone Traders Association or CTGA.


Chow Tai Fook Picks Online Sales Partner

Chow Tai Fook Picks Online Sales Partner

Beijing: Chow Tai Fook has joined forces with Chinese online retail giant JD.com, which will become the jeweler’s preferred internet sales channel.


Export Data Shows Bleak April for Antwerp

Export Data Shows Bleak April for Antwerp

Antwerp: Belgium’s polished diamond exports slowed in April, dented by a drop in shipments to Hong Kong and the US.


Tiffany Appeals to Trump on Climate Agreement

Tiffany Appeals to Trump on Climate Agreement

New York: Tiffany & Co. has taken the unusual step of publishing its opinion on a current political issue, urging US President Donald Trump to keep the country in the Paris Climate Agreement.


Reena Ahluwalia Donates Paintings to Benefit Jewelers for Children

Reena Ahluwalia Donates Paintings to Benefit Jewelers for Children

Noted jewellery designer and artist Reena Ahluwalia has donated two original, museum quality, painting to be auctioned at the Jewelers for Children (JFC) Facets of Hope event in Las Vegas, NV.  The paintings, Portal of Empowerment and Radiate Brilliance , show highly nuanced, hyper-realistic diamonds with ultra-magnified facets.


Analyst Sees Global Diamond Output Rising 11.5% in 2017

Analyst Sees Global Diamond Output Rising 11.5% in 2017

Vancouver: Global mined diamond output in 2017 is expected to increase 11.5% year-on-year to 142.3-million carats, worth some $15.6-billion, which itself is a 9.9% increase in forecast total value produced, evaluation by independent diamond analyst Paul Zimnisky has found.



Palladium Set to Overtake Platinum: GFMS

Palladium Set to Overtake Platinum: GFMS

Johannesburg: The palladium price is poised to exceed the platinum price for the first time since 2001, Thomson Reuters said on Tuesday with the publication of its GFMS Platinum Group Metals Survey 2017.


Stornoway Diamond Sells $35.4 Mln in 1Q

Stornoway Diamond Sells $35.4 Mln in 1Q

Toronto: Canadian miner Stornoway Diamond Corporation earned US$35.4 million (C$48.5m) from the sale of 459,126 carats rough of stones for the quarter ended March 31, 2017, the first full operating period for the Renard Mine. Commercial production was officially declared on January 1, 2017.



Pandora Reports 9% Revenue Growth in Q1, America Down

Pandora Reports 9% Revenue Growth in Q1, America Down

New York: Pandora reported that group revenue in Q1 of this year increased by 9 percent (8 percent in local currency) on the year to DKK 5.159 billion ($760 million), in line with the firm's expectations of single digit growth.



Botswana Rough Exports Rise

Botswana Rough Exports Rise

Gaborone: Botswana’s rough diamond shipments increased 2.5% to $849.6 million in the first quarter, reflecting higher sales at De Beers, according to recent data from the Bank of Botswana.


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