NEWS

Signet, DPA Setting Synthetics Detection Criteria

Signet, DPA Setting Synthetics Detection Criteria

New York: Signet Jewelers is working with the Diamond Producers Association (DPA) and product-testing firm UL on an initiative to establish quality criteria for equipment that detects synthetics, the jeweler said, as reported in Rapaport.


Paola De Luca’s Seminar at CARAT+

Paola De Luca’s Seminar at CARAT+

Antwerp: Paola De Luca, widely recognized as the world's leading expert on jewellery design and jewellery trends, will be conducting a seminar for participants at the premiere edition of the CARAT+ diamond and diamond jewellery show in Antwerp on 8 May.


KGK to Invest $50M in Polishing Facility near Vladivostok

KGK to Invest $50M in Polishing Facility near Vladivostok

Moscow: Back in September 2016, ALROSA announced a partnership with Indian company KGK Diamonds Private Ltd, a global leader in diamond cutting, to develop cutting and polishing facilities in Eurasian Diamond Centre in Vladivostok. The agreement entailed ALROSA assisting KGK in the creation of a diamond cutting company on the territory of the Diamond Centre in the Far East, supplying rough diamonds to the company taking into account the existing long-term obligations to other buyers.


India’s Exports of G&J Rises 9.5% in April-January

India’s Exports of G&J Rises 9.5% in April-January

Mumbai: India’s exports of gems and jewellery grew 9.5 per cent to about $29 billion during April-January 2016-17, driven largely by demand in India's major markets like the US.


Thailand Gems & Jewelry Fair from 15th June

Thailand Gems & Jewelry Fair from 15th June

Bangkok: Thai government agencies and Presidents from gems and jewelry associations across ASEAN joined the Thai Gem and Jewelry Traders Association (TGJTA) to promote the inaugural Thailand Gems & Jewelry Fair, which will be held from June 15 to 18, 2017 at IMPACT Challenger 2, Muang Thong Thani, Bangkok, Thailand.


Winners of ‘PLAT Africa’ Visit Mumbai

Winners of ‘PLAT Africa’ Visit Mumbai

Mumbai: Winners of the PLAT AFRICA 2016 – (a jewellery design competition) visited Mumbai to create awareness about the platinum in India. Organised by Anglo American Platinum in collaboration with Platinum Guild International (PGI) and Metal Concentrators, the prestigious competition is open to student/ apprentice and professional jewellers in South Africa. It promotes innovation and technical expertise in the design of platinum jewellery.



ALROSA Sells $13 Million Of Diamonds at Vladivostok Auction

ALROSA Sells $13 Million Of Diamonds at Vladivostok Auction

Moscow: Coming shortly after their announcement of developing Vladivostok as a diamond center, Russia's diamond mining giant ALROSA has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre in Primorye (the Russian Far East), the company writes in a press release. 22 companies from China, South Korea, India, Europe, Russia and other countries participated in the auction. ALROSA sold 461 thousand carats worth USD 12.9 million, including 440 thousand carats of industrial grade diamonds for USD 4.924 million, and 21 thousand carats of gem quality diamonds for USD 7.98 million. Indian and Chinese companies were the main auction buyers.


De Beers Sells $580 Million Rough at 3rd Cycle

De Beers Sells $580 Million Rough at 3rd Cycle

Gaborone: De Beers sold rough diamonds with a provisional value of $580 million in the third sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand from the global industry.


92 Carat Diamond Recovered from Lulo Mine

92 Carat Diamond Recovered from Lulo Mine

Luanda: Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have recovered a 92 carat diamond from new Mining Block 28 at Lulo, in Angola. 


Pink Diamond Smashes Records with $71M Sale

Pink Diamond Smashes Records with $71M Sale

Hong Kong: Chow Tai Fook bought the Pink Star diamond for $71.2 million at Sotheby’s Hong Kong on Tuesday, making it the most valuable diamond sold at auction.


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