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