NEWS

Diamond Prices Stable after Year

Diamond Prices Stable after Year

Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized, supported by shortages of better-quality goods. The RapNet Index for 1-carat diamonds slid 0.2% in December and 5.3% for the full year. The index for 0.30- and 0.50-carat stones firmed in the fourth quarter following steep declines earlier in the year. High-end categories of 3 carats and larger remain weak.

 

The market in 2019 was supply-driven, as noted in the Diamond Price Statistics Annual Report that appears in this month’s issue of Rapaport Magazine. An oversupply of diamonds set a negative tone, leaving the trade with numerous diamonds that were difficult to sell. Inventory levels declined in the fourth quarter, but there were a lot of lower-quality goods still available at the end of December.

 


Golden Arrow Renegotiates Indiana Project

Golden Arrow Renegotiates Indiana Project

Golden Arrow announces that the Company has renegotiated the terms of its option agreement with the vendors of the Indiana gold-copper project in Chile. The Indiana Project represents a near-term production target with upside potential, and includes a permit for mining in the area of an historic resource with two ramps allowing access for exploration and development.

 

Golden Arrow has amended the definitive agreement with the property owner, Mineria Activa SpA, a Chilean private equity investment management firm focused on exploration to production-stage assets in the Mining sector. Golden Arrow now has the right to earn 100% of the Project over a 74 month period, expiring in December 2024 and the total cost of US$15.1 M has not changed.

 


BVC Wins Best Customs Broker Award

BVC Wins Best Customs Broker Award

BVC Clearance, a BVC Logistics enterprise has been awarded the Best Customs Broker of the Year 2019 award at the 46th India Gem & Jewellery Awards (IGJA) 2019 organized by the Gems and Jewellery Export Promotion Council (GJEPC), the highest recognition for excellence in the Gems & Jewellery industry.

 

Since its inception, BVC has been a partner to the Gems & Jewellery industry, with logistics solutions for the entire value chain. This award marks the 4th consecutive year of BVC winning this award.

 


New Jersey Innovation Proof Coin

New Jersey Innovation Proof Coin

The United States Mint started accepting orders for the American Innovation $1 Reverse Proof Coin honoring New Jersey on January 7, 2020.

 

The New Jersey $1 Coin recognizes the development of a light bulb with a filament that could last 1,200 hours. The reverse (tails) design depicts an Edison bulb against an ornate background with the inscriptions “United States Of America” and “New Jersey.” The obverse (heads) features a dramatic representation of the Statue of Liberty in profile with the inscriptions “In God We Trust” and “$1.”

 


US China trade war plans a truce

US China trade war plans a truce

China’s trade delegation tentatively plans to travel to Washington for four days from January 13 for the signing of the phase one deal that would herald a truce in the costly trade war between the world’s two largest economies; a source briefed on the matter has told the South China Morning Post.

 

Led by Vice-Premier Liu He, the delegation had originally planned to set off earlier in the month but had to change their travel schedule after US President Donald Trump sent a tweet on New Year’s Eve claiming that he would sign the deal with “high representatives” from Beijing on January 15 in the White House.

 


 

Timeless platinum jewelry on the Red Carpet

Timeless platinum jewelry on the Red Carpet

Awards show season has officially arrived with the 77th Annual Golden Globe Awards. Platinum jewelry, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the stunning array of couture gowns worn by the world’s most famous celebrities on the red carpet tonight.

 

According to celebrity stylist Micaela Erlanger, “The most brilliant stars wore the most brilliant statement necklaces set in platinum tonight. Whether it was Jennifer Aniston’s 1950’s style with 2 rows of diamonds or Zoey Deutch’s dramatic sapphire pendant, platinum necklaces add sparkle, glamour and timeless sophistication.”

 




Celebrate Valentine’s Day with Circle of Love

Celebrate Valentine’s Day with Circle of Love

Uttar Pradesh’s Leading Jewellery brand, Aisshpra Gems & Jewels, introduces 3rd Edition of Circle of Love an amorous diamond jewellery range inspired by the infinite love. Presented in Rose and White gold, the spellbinding collection comprises of lightweight pendant sets, earrings, rings and bracelets shaped in a circle along with the luminance of diamonds represents the eternity of romanticism.

 

Aisshpra Gems & Jewels 3rd Edition of Circle of Love is curated in the triune of lavishness, with each piece designed prominently on circular rose gold pendants having attractive flower motifs in diamonds, symbolizing hope, commitment, promise which holds a special significance in the world of poetry and romance. The edition is a perfect depiction of how beauty and love intersect.

 


The Serene collection with tanzanite blue!

The Serene collection with tanzanite blue!

The color of the sky on a serene, crystal clear day is a treat for the eyes and the wandering mind. With pantone announcing the classic blue as the colour of the year, Latique brings you the Serene collection which brings together the gorgeously tantalizing blue tanzanite with classic diamonds, pearls and the unique design sensibility of Latique.

 

Celebrating the sky and the oceans this collection is a symphony for the serene and universal colour blue is available at, Gurugram.

 


IDWI 2020 features 200 Israeli exhibitors

IDWI 2020 features 200 Israeli exhibitors

International Diamond Week in Israel (IDWI), to be held from February 10 – 12, 2020 at the Israel Diamond Exchange (IDE). This annual event attracts hundreds of international buyers from over 20 countries every year. IDWI is held on the immense trading floor of the Israel Diamond Exchange (IDE). It will feature 200 Israeli exhibitors of polished diamonds, with huge amounts and varieties of goods on offer.

 

The 2020 IDWI will be themed, I Love Natural Diamonds, to underline IDE’s commitment to natural diamonds. The event will feature a series of short talks by international experts that will address the timeliest issues of interest to the global diamond industry.

 


HK Exports celebrated annual sports day

HK Exports celebrated annual sports day

Hari Krishna Exports Pvt. Ltd. organised Annual Sports Day on 4th January, 2020 at Air India Sports Club, Kalina, Santacruz (East) with great zeal and fervour. The event was gracefully honoured by the chief guests, Shri. Manoj Kotak - Hon’ble Member of Parliament, Mumbai & Shri. Manjunath Singe - DCP, Zone-8, Mumbai.

 

The highlights of the event were HKPL cricket tournament entailed by games like Volleyball, Kho-Kho, Relay Race, Tug of War and many more exciting sports activities. The zealous staff showed great participation in all the games and enjoyed the event with their friends & families.

 


 

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