NEWS

ALROSA Israel Sale Fetches $22M

ALROSA Israel Sale Fetches $22M

Ramat Gan: ALROSA, the world’s largest diamond producer by volume, reported the results of the international diamond auction, which took place in the Sixth International Diamond Week in Israel (IDWI), offering for sale special-size natural rough diamonds (10.8-ct+), as well as polished goods.


Gold Ensembles Designed by Tanya Rastogi

Gold Ensembles Designed by Tanya Rastogi

Mumbai: This Akshay Tritaya, bring home endless prosperity with Jewellery Connoisseur Tanya Rastogi’s statement Gold collection. Ace designer and Jeweller Tanya Rastogi takes inspiration from the traditional roots of India and captures it meticulously in the 22k gold collection that is ideal for every auspicious occasion. The collection celebrates the grandeur of Indian festivals with each ensemble bringing with it a godly touch.


‘Amolya’ Collection with Emeralds Set in Platinum

‘Amolya’ Collection with Emeralds Set in Platinum

Mumbai:  Launching ‘Amolya’ - The one of its kind collection with emeralds set in platinum. ‘Amolya’ means priceless, and truly defines this exquisite collection. Each piece hand crafted to precision and is nothing short of a collectors’ edition. The preciousness and natural luminescence of platinum brings out the innate brilliance of hand -picked emeralds.


ORRA Launches Women’s Day Special Offers with Launch of Its Customized Jewellery Shoppe

ORRA Launches Women’s Day Special Offers with Launch of Its Customized Jewellery Shoppe

Mumbai: This Women’s Day, ORRA presents custom crafted jewellery for women, an ode to their beautiful and unique choices, making them who they are!


China to Close 150 Gold Mines by 2020

China to Close 150 Gold Mines by 2020

Beijing: China's official news agency Xinhua is reporting that the country is set increase annual gold output to 500 tonnes by the end of the decade from around 450 tonnes currently.


Iron Age Jewellery Unearthed in Britain

Iron Age Jewellery Unearthed in Britain

London: Two treasure hunting friends have unearthed jewellery which experts say could be the oldest Iron Age gold discovered in Britain.


ALROSA Prepays $600m Bank Loan

ALROSA Prepays $600m Bank Loan

Moscow: Russian diamond mining giant ALROSA recently announced that it prepaid a $600 million bank loans received from VTB Bank in 2012 and extended in 2014 until October 2018. ALROSA paid back the bank loan with its own cash funds, thus reducing its debt on loans and borrowings to $1.7 billion, while its average interest rate decreased from 6.6% to 6.3%. ALROSA has made it a priority in recent years to cut down its outstanding loans.


JC Penny May Close Down !40 Showrooms

JC Penny May Close Down !40 Showrooms

New York: Major US retail department store chain J. C. Penney Company, Inc. announced recently that it plans to close down around 130-140 stores, and two distribution facilities over the next few months.


Jewelers Vigilance Committee Appoints New President, CEO

Jewelers Vigilance Committee Appoints New President, CEO

New York: The Jewelers Vigilance Committee has appointed Tiffany Stevens as its new president and CEO. She succeeds current president and CEO Cecilia Gardner, who served in this position for 18 years. Stevens will begin on March 6.


IIDGR Unveils Next Generation Automated Melee Screening Instrument

IIDGR Unveils Next Generation Automated Melee Screening Instrument

London: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, yesterday unveiled its next generation automated melee screening instrument. The AMS2 will provide diamantaires with a more efficient and cost-effective diamond verification technology solution for melee-sized diamonds.

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