NEWS
Anil Agarwal to Buy 13% Stake in Anglo American
New Delhi: Mr. Anil Agarwal, an Indian
mining billionaire, plans to buy as much as 2 billion pounds ($2.4 billion) of
Anglo American Plc shares in the market after a merger proposal failed last
year, reports Bloomberg.
GJSCI Ties up with IIGJ, JAJ, Jaipur for RPL Program
Mumbai: Gem & Jewellery Skill Council
of India (GJSCI), Indian Institute of Gems & Jewellery (IIGJ), Jaipur and
Jewellery Association, Jaipur (JAJ) signed a Tri-Party Agreement to train and certify
the artisans of Jaipur under the RPL programme Pradhan Mantri Kaushal Vikas
Yojana (PMKVY) Scheme. The signing of MoU was witnessed by Mr. Pramod Agrawal
of IIGJ - Jaipur, Mr. Nirmal Bardiya of JAJ and Mr. Premkumar Kothari,
Chairman, GJSCI. According to the MOU, IIGJ – Jaipur will act as an RPL
training facilitator, JAJ as Mobilization Agency and GJSCI will act as Project
Implementation Agency (PIA). As per the MoU, GJSCI undertakes to certify
minimum 10,000 artisans in the next 6 months.
Chow Tai Fook Taps into Tokyo Tourism
Hong Kong: Chow Tai Fook will open its
first branded store in Japan to reap the benefits of increased spending by
Chinese tourists there.
Sarine Brings Surat Business Under One Roof
Surat: Sarine Technologies has united all
its Surat-based operations in one building in the Indian diamond-manufacturing
city.
TAG Heuer Launches $1650 Modular Smartwatch
Swiss watch manufacturer TAG Heuer in
collaboration with Intel and Google has launched its latest Android smartwatch
called the Connected Modular 45.
DEF 'Diamonds Do Good' Awards on June 4
Las Vegas: The Diamond Empowerment Fund
(D.E.F.) announced that Graça Machel, former first lady of both Mozambique and
South Africa, will receive the first-ever 'Diamonds Do Good' Global
Humanitarian Award at its Awards gala set for June 4 in Las Vegas.
Namibia Earns $305m from De Beers
Windhoek: The Namibian Government is said
to have earned R4 billion ($305 million) from De Beers last year in corporate
tax, royalties and dividends.
De Beers Sees Stable Demand for Diamonds in 2017
Gaborone: De Beers said macro-economic
conditions underpinning consumer demand for diamonds remain broadly stable in
aggregate, with the U.S expected to continue to be the main driver of global
growth in 2017.
Grib Diamond Sales Surge Ahead of Takeover
Moscow: Lukoil’s diamond revenue nearly doubled to $335.8 million (RUB 20 billion) last year, ahead of the oil producer’s sale of the Grib mine.
Merlin Diamonds Recovers 5 Green Diamonds
Perth: Merlin Diamonds Ltd., the owner of
the Merlin diamond mine in the Northern Territory, Australia, has announced the
recovery of five green diamonds from the Kaye pit, amongst them intense greens.
The largest green diamond recovered is 1.4cts.