NEWS

Lucapa Earns $1M from Sale of Angolan Rough

Lucapa Earns $1M from Sale of Angolan Rough

Luanda: Australian junior miner Lucapa Diamond Co. earned US$0.95 million (A$1.25 million) from a parcel of 1,236 carats at their fifth sale in 2017 of rough diamonds from the Lulo Project in Angola. This represents an average price of US$770 (A$1,013) per carat, and brings their total 2017 sales to US$15.4 million (A$20.3) at an average price of US$1,620 (A$2,132) per carat.

Kennady Diamonds Gets Positive Sampling Results

Kennady Diamonds Gets Positive Sampling Results

Toronto: Canadian junior miner Kennady Diamonds has announced "positive" diamond recovery results from sampling from the Faraday 3 and Faraday 1 kimberlites on its Kennady North Project, including the largest high-quality diamonds to date on the project, with a 7.78ct white gem-quality stone as well as numerous diamonds exceeding one carat. The samples were collected during the winter 2017 program that was designed to further delineate both kimberlites as well as to recover sufficient carats from Faraday 3 for valuation.


Sarine Profile Reports Being Launched in Thai Market

Sarine Profile Reports Being Launched in Thai Market

Bangkok: Technology company Sarine said its Sarine Profile™ light performance reports are being provided for the first time in Thailand by Aurora Design Co., Ltd.


CIBJO President Meets Thailand Commerce Minister

CIBJO President Meets Thailand Commerce Minister

Bangkok: CIBJO President Gaetano Cavalieri has met in Bangkok with Mrs. Apiradi Tantraporn, the Minister of Commerce of the Republic of Thailand, to discuss preparations for the 2017 CIBJO Congress, which will take place in the city in November, and also ways in which CIBJO and the congress can assist in enhancing the role of Thailand in the international jewellery and gemstone business.    


IDE Opens Diamond Tech Innovation Center

IDE Opens Diamond Tech Innovation Center

Ramat Gan: The Israel Diamond Exchange (IDE) joins the "Start-Up Nation" with the opening of Diamond Tech Innovation Center – a technological incubator for Israeli and international diamond-related start-ups. Diamond Tech will provide a home and financial support for start-ups that are in the initial stages of development.


Birla Jewels Sets Foot in Madhya Pradesh

Birla Jewels Sets Foot in Madhya Pradesh

Morar: Birla Jewels Ltd. announced entry of their jewellery retail store “BJEWELZ” in Morar, Madhya Pradesh (India). Birla Jewels, a chain of jewellery retail stores with the launch of their store at Sadar Bazar, Morar offers a vast and versatile collection of modern, contemporary as well as conventional jewellery at affordable prices.


India to Set up Bullion Bank

India to Set up Bullion Bank

New Delhi: The government is working on a gold bank that will aim at building a higher level of transparency, increase value addition, and protect customers while ensuring the growth of this job-creating sector, reports Business Standard.



GJSCI, IIGJJ & Sarafa Traders Committee, Jaipur Sign MoU

GJSCI, IIGJJ & Sarafa Traders Committee, Jaipur Sign MoU

Jaipur: The Gem & Jewellery Skill Council of India (GJSCI), the Indian Institute of Gems & Jewellery Jaipur (IIGJJ) and the Sarafa Traders Committee of Jaipur yesterday signed a Memorandum of Understanding (MoU) to help upskill artisans working with the jewellery industry in the state.


Macau Records 23% Growth in Q1 Jewellery Sales

Macau Records 23% Growth in Q1 Jewellery Sales

Macau: Macau’s retail sales of watches, clocks and jewellery recorded a year-on-year growth of 23.2 percent in the first quarter of 2017 as the market slowly recovers from economic uncertainties, says a report in JNA.


India’s Cut & Polished Diamond Exports Up 3.67% in May

India’s Cut & Polished Diamond Exports Up 3.67% in May

Mumbai: Exports of cut and polished diamonds from India were $ 2.05 bn in May 2017, a rise of 3.67% as compared to the $ 1.98 bn in the month of May in year 2016, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC) of India.


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