Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings

In DiamondCorp noted that a new analysis of the La...

2017-07-15T21:30:23.477-07:00

In DiamondCorp noted that a new analysis of the Lace mine (Lace) in South Africa, the company owned 74%, showed that the total mine resources are 38.48 million tonnes of kimberlite to a depth of 920 m.
This is 16% higher than the valuation carried out in March 2012, when stocks were assumed to be at the level of 32.12 million tonnes to a depth of 855 m.
The assumptions about the content of the diamond on the project were based on the use of the grid on the rock processing plant with a 1.25 mm cell against the previous grid with a cell of 1.00 mm.
Although diamond content will be reduced, the cost of stones per carat is likely to grow, believe in the company.
When using a 1.25 mm mesh diamond content for the project is estimated at 9.39 million carats, compared to 13.39 million carats with mesh 1.00 mm.
In DiamondCorp noted that UK4 block at a depth of 230-370 m contained 2.21 million tons diamondiferous rock.
Production at this unit will be carried out for about 60 months, with 35 000 tonnes per month. The value of diamonds mined in the course of these operations, to be approximately $ 8.9 million and the internal rate of return - 59%.
"New data on resources and reserves provide greater confidence in evaluating the content and value of diamonds from the mine Leis, - said CEO Pol Laudon (Paul Loudon) -. This confirms the potential for high operating profitability with an increase in the depth of the mine development this factor. drew our attention to the project from the very beginning of its development. Estimates of diamond content are consistent with those we have received on UK4 block. Meanwhile, the price per carat of diamonds will be determined only after the start of sales in the An verpene in the last week of March. "

The head of De Beers Group Filipp Mele (Philippe M...

2017-07-15T21:30:07.149-07:00

The head of De Beers Group Filipp Mele (Philippe Mellier) promised that the company will continue to participate in the company Namdeb and to operate in Namibia, told IDEX Online Portal referring to the newspaper The Namibian.
According Mellier, in spite of the volatility in the global diamond market in 2015, the forecast for the future is promising, and Namibia will probably play a key role in it.
Reaffirming their commitment to the company's cooperation with Namibia, the head of De Beers recalled that De Beers Namibia Holdings has recently pledged to invest 10 million Namibian dollars ($ 650,000) to support the Government's efforts to provide education for children, especially girls, in isolated communities.
Mellier also recalled 10-year sales contract between De Beers and the Namibian government, which was agreed in principle, but has yet to be finalized.
"The main thing, it also means that more value created Namibian diamonds remain in the country, and among those who benefit from it will be cutting and polishing company", - he said.

Official representatives of the All India Federati...

2017-07-15T21:29:54.677-07:00

Official representatives of the All India Federation of trade in precious stones and jewelery (All India Gems and Jewelry Trade Federation , GJF) and many other jewelry associations across India today urged jewelers to extend the strike against the introduction of the excise tax on jewelery products to the March 7, 2016.
GJF met with the Prime Minister of India and has sent his vision of how much jewelers, diamond manufacturers and craftsmen will suffer after the introduction of a new tax.
GV Sridhar (GV Sreedhar), chairman of GJF, said: "The plans for the introduction of the excise tax on jewelery and precious stones in India, do not apply, and will have a strong negative impact on the industry, endangering its survival We expect positive results of interaction. with the government, but we continue to draw attention to the problem and to carry out a strike. "
The draft India's budget for 2016-2017 year it was decided to start charging the excise tax on jewelery and precious stones in the amount of 1%.

Export Promotion Council of precious stones and je...

2017-07-15T21:29:43.045-07:00

Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) organized the Indian Pavilion at the past in Hong Kong Hong Kong International Exhibition of diamonds, precious stones and pearls (Hong Kong International Diamond, Gem & Pearl Show), organized with 1 March 5, at the Expocentre AsiaWorld-Expo, Hong Kong and at the International jewelery Show (Hong Kong International Jewellery Show), which was held from 3 to 7 March at the Hong Kong exhibition and Convention center (Hong Kong Convention & exhibition Centre) , reports portal gjepc.org .
Two exhibition venues this year at the Indian pavilion will feature Indian diamond cutters and retailers ornaments. They will demonstrate a wide range of precious stones, diamonds and jewelry.
Meanwhile, 44 Indian companies have been able to present their products in several categories: "Massive jewelry," "Gold Jewelry", "Silver Jewelry".
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "Hong Kong is an important market for the Indian industry of jewelry and precious stones Hong Kong is also the largest consumer of Indian jewelery and precious stones in the world, and because participation in these exhibitions become vital to the Hong Kong exhibition is.. one of the best in the industry, and caters for the key Asian markets. We are getting a huge response from both shows, and this is reflected in the export figures. "
Total exports of gems and jewelery from India to Hong Kong amounted to $ 12.35 billion (31% of total exports) in the 2014-2015 fiscal year. Last year, there was low demand for jewelry due to the slowdown in economic growth worldwide. Nevertheless, the exhibition like Hong Kong, support the revival of demand in the near future.

Zimbabwean President Robert Mugabe said last week ...

2017-07-15T21:29:30.208-07:00

Zimbabwean President Robert Mugabe said last week that the country received less than $ 2 billion from the sale of diamonds worth $ 15 billion, produced since 2009.
"Where have gone our diamonds We were blinded observed large amounts of fraud, smuggling and diamond mining companies have deprived us of our wealth?.", - he said in a televised interview with the state broadcaster ZBC.
"And that's why we decided that this sector should be monopolized, and only the state will be able to mine diamonds. You can not trust any private company in this field. We should learn a lesson from the experience of countries such as Botswana, Angola, Namibia and other" .
Official Harare ruled that mining companies from Marange region (Marange), except state Marange Resources, should cease operations. They were given 90 days to the fact to remove the equipment from the license areas.
Minister of Mines of Zimbabwe Chidakva Walter (Walter Chidhakwa) said the company's license has long expired. In addition, the company refused to enter into a consolidated Zimbabwe Consolidated Diamond Company, which, as expected, the state's share will be 50%.
Meanwhile, Mugabe said that the state alone will carry out diamond mining in Zimbabwe.
"The government will now own all the diamonds in the country - he said -. Diamond-mining companies have deprived us of our wealth, and because we have to monopolize the diamond mining under state control."
Critics have argued that the move to oust the mining companies, including Anjin, to enrage the Chinese government, which has recently signed the so-called mega-deal with Harare.
But Mugabe expressed the view that the relationship Harare and Beijing will not be affected by this step.

WFDB (World Federation of Diamond Bourses, WFDB ) ...

2017-07-15T21:29:16.846-07:00

WFDB (World Federation of Diamond Bourses, WFDB ) has taken further steps to improve its strategy in the Asia Summit, which was held in Seoul. The meeting was organized exchanges chairmen Korean Diamond Exchange (Korea Diamond Bourse), according to a press release received by Rough & Polished.
At the meeting, the Executive Committee agreed to the WFDB internal changes, as well as steps to increase transparency in the trading and marketing of diamonds as a product category from all members of the global diamond trade. At the meeting it was announced that the WFDB initiative "Know your buyer" (Know Your Customer) will be launched in May this year, which aims to increase transparency in the diamond industry for banks and governments. The meeting also agreed to coordinate efforts with the Association of Diamond Manufacturers (Diamond Producers Association, DPA) in order to increase the efficiency of the marketing of diamonds. Organizations try to deepen their relationship.
"We were able to discuss a wide range of issues affecting the diamond industry worldwide, and have received a response from the presidents of our stock exchanges from around the world - said WFDB President Ernie Blom (Ernie Blom) -. As we approach the May World Diamond Congress (World Diamond Congress ) in Dubai, we are beginning to understand that the main theme of our current meeting - transparency, accountability and sustainability - will be the main and the upcoming congress we reaffirmed our commitment to these principles. ".
Blom continued: "In addition, Luiza Prayor (Louise Prior), executive director of the WFDB, present us with a dynamic action plan that aims to provide a consistent position of our organization as an important representative of the interests of the entire diamond industry We also finalized our internal structure and our new. communication strategy to WFDB was the first organization to which could apply for a positive and accurate information to the media to the diamond industry. "

Lucapa Diamonds and its partners received $ 6.8 mi...

2017-07-15T21:29:03.623-07:00

Lucapa Diamonds and its partners received $ 6.8 million from the recent sale of 1349 carats of diamonds from the mine Lulo (Lulo) in Angola.
The Australian company said that the average price realized stones was about $ 5300.
The joint venture has received $ 24.2 million in revenue with Lulo in the quarter that ended in March.
This amount includes $ 16.7 million from the sale of the largest diamond weighing 404 carats of Angola, produced earlier this year.
"Diamond prices achieved in the March quarter, continues to support the fact that the stones are mined at Lulo, are among the best in the world for quality," - said General Director of Lucapa Vezeroll Stephen (Stephen Wetherall).
Meanwhile, in Lucapa stated that terrestrial electromagnetic studies conducted on priroritetnom kimberlite L259 at Lulo, have been completed.
The study was conducted to help Lucapa explore the subsurface geology of the kimberlite area of 110 hectares, identified as kimberlite L259 in the recently completed survey.

Okavango Diamond Company (ODC) has announced a rou...

2017-07-15T21:28:45.925-07:00

Okavango Diamond Company (ODC) has announced a rough view of the Indian diamond trade center (India Diamond Trading Centre, IDTC) from 20 to 25 July 2016. Viewing will be available for all members to promote the export of gems and jewelry Council (Gem & Jewellery Export Promotion Council, GJEPC) and the Indian Diamond Exchange (Bharat Diamond Bourse, BDB).
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "We are pleased that the Okavango Diamond Company will arrive in India to showcase diamonds This rough diamonds will be available for a small Indian cutting and polishing companies, and we appreciate the efforts of the diamond producers, who have an interest and bring. their stones to India for a demonstration. I am sure that the ODC representatives appreciate the upscale services offered IDTC, and conduct product demonstrations and other members of our organizations. "
Tobi Frirz (Toby Frears), managing director of Okavango, said. "We are excited to showcase Botswana diamonds Okavango in India and we are grateful IDTC for providing us the opportunity We recognize the importance of the Indian industry for the ODC, and look forward to the signing of agreements with new clients ODC and promoting Botswana as the leading source of rough diamonds. "
Basically ODC range will be diamonds in the size range -2 carats. They will be available as part of an online auction company, and July 28, 2016. Viewing will be available for all members of the BDB and GJEPC, registered in the ODC. Views of raw materials in India will take place in parallel with similar demonstrations in Gaborone, Botswana.

2015 was a difficult one for the global diamond tr...

2017-07-15T21:28:30.346-07:00

2015 was a difficult one for the global diamond trade. Poor economic conditions caused a slowdown in demand for diamonds worldwide. The recession did not escape as Antwerp, which is the largest center of the global diamond trade. Trade figures of February, however, show signs of recovery. The diamond trade was characterized by the rise.
According to the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) , Antwerp was imported and exported diamonds in February 2016, totaling $ 5.1 trillion. The total volume of trade in rough diamonds and diamonds amounted to 25 million carats. Compared with February 2015 year, this represents an increase of 38% in physical terms and by 4.5% in value. During the same period last year were sold for a total of 18.3 million carats of diamonds worth $ 4.8 million.
When comparing the trade performance in February 2016 and January 2015, we see, in particular, a remarkable turnaround. Rough imports in February increased by 82% in value and 106% by volume. A total of 12 million carats of rough diamonds were imported in February, totaling $ 1.3 trillion.
Russia remains the largest supplier of rough diamonds, it provided about 33% of the supply of rough diamonds imported in February. In value terms, Russia has provided good results in not less than 36% of all unpolished stone that came to Antwerp. In numerical terms, Russia exported 4.25 million carats of rough diamonds worth $ 435 million.
The fact that the diamond trade showed such a sharp rise in the last month, indicating that trade is gaining momentum. Nevertheless, it is still too early to say that the world diamond trade is stabilizing. This will become clear only in the coming months.

A delegation from De Beers, headed by the general ...

2017-07-15T21:28:15.436-07:00

A delegation from De Beers, headed by the general director Filippom Mele (Phillipe Mellier) conducted a detailed discussion of the problems of the diamond industry with a team of high-ranking representatives of Export Promotion Council of gems and jewelry in India (Gem & Jewellery Export Promotion Council, GJEPC), headed Pravinshankarom Pandya ( Praveenshankar Pandya), chairman of the organization. The meeting was held on March 2 in the complex Indian Diamond Exchange (Bharat Diamond Bourse, BDB) in Mumbai, gjepc.org portal reported.
After greeting the guests Pandya presented a number of key issues of concern of the Indian diamond industry De Beers representatives.
Among the major topics covered in the course of the discussion, there were questions about the value of the diamond and on the need to control the supply, the need to ensure a fixed level of the regular supply of rough diamonds in small batches. In addition, it discussed the interaction with the banks to ensure that industry funding, and the need for marketing diamonds as a product category, support is expressed in GJEPC.
The report also quoted the Council Mellier. He said that in the last quarter of last year, De Beers has already taken a number of steps to control the supply of rough diamonds, helping the entire diamond industry. Mellier said that the company has already agreed to provide regular supply of diamonds to Indian diamond cutters, and now is developing methods to implement these agreements.
In addition, De Beers will meet with representatives of the banks to provide better support for the diamond industry on their part. Mellier also supported the development and marketing of diamonds has asked representatives of the diamond segment in India to prepare a detailed plan for the joint initiative on this expenditure.

In Export Promotion Council of precious stones and...

2017-07-15T19:47:44.472-07:00

In Export Promotion Council of precious stones and jewelery (Gems and Jewellery Export Promotion Council GJEPC ) of India pointed out that the introduction of excise tax on jewelery in the amount of 1% (apart from the usual silver jewelry) in the draft budget for India 2016-2017 year will not serve the interests of the jewelery industry of the country. It is stated in the message GJEPC of 8 March.
Pravinshankar Pandya (Praveenshankar Pandya), chairman of the GJEPC, said: "For 30-40 years, the government did not introduce excise tax on jewelry because of the small volumes of production and sale of such products in India as well as in view of the unique characteristics of the business of the Indian jewelery industry . In addition, the jewelry industry is importing gold, after payment of customs duties. Therefore, the Council is of the opinion that the Government of India should abolish the excise tax on jewelery. "
"We are saddened to find that the government does not pay attention to the ease of doing business in the jewelery sector in India, given the fact that exports of gems and jewelery from India provides a significant share of exports of our country into the world market. We expect that the government will ease rules . for those industries that are export-oriented, and ease of doing business We believe that the draft budget for next year the government did not address these issues, "- adds Pandya.
As noted in the report GJEPC, most of the jewelery in India is produced in small businesses that do not have the equipment necessary to excise precise compliance standards. Entering excise severely undermine the production of jewelry in India, because of which the number of jobs may be reduced.

The association "Jewelers of America" (J...

2017-07-15T19:47:30.531-07:00

The association "Jewelers of America" (Jewelers of America, JA) organizes free educational seminars at the upcoming JA New York Show 13-14 of March. The exhibition, in the meantime, will be held on 13-15 March.
The main point of the seminar program will be the performance Nicole Laynbah Railay (Nicole Leinbach Reyhle), founder and publisher of the magazine Retail Minded, which is also co-founder of the Independent Conference retailers (Independent Retailer Conference), on "tips, tricks and techniques to improve the perception of the buyer of your store" ( tips, Tricks and Techniques to Maximize Your In-Store Experience).
JA educational program also includes two interactive seminar on March 13 which will present experts in the field of sales Mack Janice (Janice Mack) and Debbi Hiss (Debbie Hiss). Workshop participants will be able to share experiences and knowledge on the "search locations in wedding jewelry buyers" and learn the secrets of maintaining the existing customer base.
In addition to the aforementioned seminars, the organization of Jewelers for Children in conjunction with JA organizes charity event "Celebrate New York" in the framework of the exhibition. All funds received as part of the evening, go Jewelers for Children.
Among other things, during the JA New York Show participants March 13 will receive professional certificates in the area of sales and management.

Pangolin Diamonds reported the discovery of two mo...

2017-07-15T19:47:15.335-07:00

Pangolin Diamonds reported the discovery of two more diamonds on the project Malatsvae (Malatswae) in Botswana, fully owned by the company.
Canadian diamond company currently produced 10 diamonds with the project, and 9 of them are colorless.
"The material was sieved in a dry form as part of the field work for a particle size of 0.425 -. 2.0 mm rock sample was sent to the processing plant Pangolin breed," - said in a statement.
Diamonds were discovered in the rock sample volume of 100 liters, is not being screened. It was assembled in a 10-meter section whose boundaries were identified using the GPS.
How to add a company as part of the drilling program has been tested 5 of the 30 high-priority anomalous goals that are supposed to be diamondiferous kimberlites.
Although the company did not manage to cross the kimberlite during sampling, the new data will provide Pangolin additional geological information and help available to model geophysical parameters.

De Beers company launched its Forevermark brand in...

2017-07-15T19:47:00.607-07:00

De Beers company launched its Forevermark brand in Hungary, Thailand and South Korea. Now the jewelry of this brand are available in over 1700 retail stores by 38 consumer markets, Rapaport reports portal.
«Forevermark has grown substantially since its inception eight years ago - said the CEO of Forevermark Stiven Luse (Stephen Lussier). - Hungary, Thailand and South Korea - a very promising market with great growth potential. "
De Beers said that the yield on the Hungarian market will strengthen the position of the brand in Europe, which is now present on the markets of Turkey and the UK. Forevermark partner in Hungary was the company RA Diamonds, which is a distributor and wholesaler of fine jewelry and loose diamonds, and is preselected eight retailers for sale Forevermark diamonds.
In Thailand, Forevermark products will be available in stores across the country thanks to its license partner Jubilee, which is considered the largest network of jewelry stores in Thailand.
Forevermark license partner in South Korea was the company Golden Dew, which began selling diamonds of this brand in 11 stores. Golden Dew products are also sold in more than 70 stores of the country; Company stores are a popular purchase jewelry for the wedding.

Diamcor Mining announced that the results of two d...

2017-07-15T19:46:43.489-07:00

Diamcor Mining announced that the results of two diamond tenders this year, the company managed to earn more than $ 1 million. At the auction were sold 6,896.50 carats of diamonds from the site Krohn-Endora (Krone-Endora) Venice Project (Venetia) in South Africa.
In a statement the company said that the average price per carat was $ 149.12.
"The price per carat of diamonds sold on a tender meets the company's expectations", - noted in Diamcor.
The volume of products sold under the two tenders in the fourth quarter of the fiscal year, increased by 49% compared to 4619.11 carats, sold a year earlier. Cost of sales increased by 22%, from $ 842.4 thousand. In the same period last year.
"It should be particularly noted that in the reporting quarter were sold special diamonds weighing 12.78 carats and 7.50 carats produced using a new screening plant Tomra XRT, recently put into operation at the company's project," - said in a statement Diamcor.
These diamonds were sold at a price of $ 4747.47 per carat and $ 4152.00 per carat respectively.
All diamonds are implemented so far in the framework of trading, it was found by chance in the framework of the testing equipment, and other works on commissioning the diamond project in operation.

Senior representatives of the All India Federation...

2017-07-15T19:46:28.679-07:00

Senior representatives of the All India Federation of trade in precious stones and jewelery (All India Gems and Jewellery Trade Federation , GJF) and other major jewelry associations across India unanimously decided to continue the strike indefinitely to protest against the proposal of the Government to introduce excise duty on products of precious sector stones and jewelry. On this GJF it said in a statement.
It added in GJF, Indian jewelers and representatives of the organization recently held talks with Indian Finance Minister Arun Dzheytli, who expressed concern about the growth of imports of gold. Due to the increase of imports of gold current deficit trade balance can grow. Against this background, all jewelers have expressed an active and voluntary agreement to stop selling gold bars and coins to consumers.
Indian Association of gold and jewelers (Indian Bullion and Jewellers Association, IBJA ) today announced the general meeting with the Association of wholesale jewelry Mumbai (Mumbai Wholesale Gold Jewellers Association) March 9. The meeting will be held against the introduction of 1 per cent excise tax on jewelery in the India project budget for the 2016-2017 year.
As noted in the IBJA, all representatives of the industry of gems and jewelry in India are hoping that the rate of collection of excise duty will be canceled by the authorities.

The Federal Trade Commission (Federal Trade Commis...

2017-07-15T19:46:13.621-07:00

The Federal Trade Commission (Federal Trade Commission, FTC) US appealed to members of the public to receive comments on the changes in the new manual for jewelers (Jewelry Guides). This guide provides assistance to American jewelers on several issues, among them - the avoidance of introducing consumers misleading information on a number of products, including articles of precious stones and metals, and the mandatory disclosure of information about such products.
The Commission proposes to amend the Manual for jewelers on alloys containing precious metals below a certain level; jewelry created from two or more precious metals; applying metal to the outer cover of products; gems with glass inserts; ennobled diamonds, pearls and related products; as well as the use of the term "gem".
A total of FTC offers wishing to comment on the 75 regulations and answer the questions of the commission. Answers may affect the FTC final decision regarding the change of each of these items.
The Supervision Committee in the jewelry industry (Jewelers Vigilance Committee, JVC) noted that a number of trade associations and hundreds of members of the jewelry industry have already sent their comments FTC and proposed changes to the manual for jewelers since the beginning of this process in 2012.
Meanwhile, the FTC has extended the final date for receiving comments until June 3, 2016.

Zimbabwe's main opposition party "Movemen...

2017-07-15T19:45:58.087-07:00

Zimbabwe's main opposition party "Movement for Democratic Change" (Movement for Democratic Change, MDC ) encouraged to impeach the country's president, Robert Mugabe, because he "can not fully and effectively monitor the situation in the country."
Mugabe last week, whose age is 92 years old, said that since 2009 diamonds worth $ 15 billion were produced in the region Marange (Marange), but only $ 2 billion arrived in Zimbabwe treasury.
"The MDC believe that Mugabe and led them to the ruling party Zanu PF is fully responsible for the uncertain situation in the Marange We talked about this before, and talking about it now: Mugabe can not be fully and effectively monitor the situation in the country ", - said representatives of the opposition..
"In order to save Zimbabwe from total and irreversible disintegration, the MDC urges parliamentarians of all political parties in the country to do their civic duty and immediately impeach President Mugabe," - said in a statement the party.
Meanwhile, calls for impeachment, probably will not lead to any result, because the ruling party Zanu PF has a majority of seats in Zimbabwe's parliament.
According to the MDC, the revelation of the President about those missing diamonds are at least surprising and alarming.
"MDC alarmed by the lack of transparency of diamond mining in Marange - say representatives of the party -.. More than obvious is the fact that from the very beginning of the diamond mining process of issuing digging license was neither transparent nor controlled not to conduct a public tender for the license, all transactions were made in secret. As a result, all these years have been extremely difficult to introduce rules of transparency and corporate responsibility in the field of diamond production in accordance with international practice. "
Recently, the Zimbabwean authorities have canceled all licenses that have been issued to various mining companies in Marange, in addition to state Marange Resources.
"No need to be an expert to understand that Zimbabwe was carried outflow of" dirty money "associated with the non-transparent and closed diamond mining operations in Chiadzwa region (Chiadzwa) Marange", - concluded the MDC.

Retailer of diamond jewelry Signet Jewelers Limite...

2017-07-15T19:44:35.611-07:00

Retailer of diamond jewelry Signet Jewelers Limited held consultations with the De Beers Group and the Council for Responsible Jewelry Practice (RJC) development designed Signet protocol to confirm the responsible origin of diamonds (Signet Responsible Sourcing Protocol for Diamonds, D-SRSP), which enhances the transparency and continuous improvement of the integrity of the world's supply of diamonds, according to a company press release.
"As an industry, we are always looking for ways to continuously improve and reliance on existing standards in the diamond supply chain. D-SRSP was developed in parallel with other industry leaders in order to increase transparency, making it practical and feasible way. The purpose of this protocol - to achieve real and meaningful improvements in the diamond supply chain as a whole ", - says CEO Mark Layt (Mark Light).
"Diamonds - emotional product, and our collective responsibility as an industry is to provide consumers with confidence in the diamonds they buy. De Beers maintains strong and equal standards in the jewelry industry to ensure that the supply chain is controlled and certified by the origin of the stones. We are therefore pleased that our sightholders can demonstrate their compliance with D-SRSP through BPP », - said the head of De Beers unit for relations with public authorities and industry Feriel Zeruki (Feriel Zerouki).
"The position of RJC to confirm the origin of the stones (RJC Provenance Claim) is designed precisely in order to allow companies to get tested confirm - as D-SRSP - and include them as part of RJC certification procedure", - says the executive director of RJC Endryu Bon (Andrew Bone).

The company Peregrine Diamonds Ltd. It announced t...

2017-07-15T19:44:19.068-07:00

The company Peregrine Diamonds Ltd. It announced the sale of parcels of diamonds weighing 735.75 carats mined in the fence about the project at Chidliak (Chidliak) in Canada. The average modeled diamond price of the said party was $ 144 per carat.
The dimensions of the eight most valuable diamonds mined in five geological zones are in the range of 1,35-5,33 carats, and their total weight is 21.58 carats. The average price of these stones is $ 1619 per carat.
Diamond evaluation was conducted Antwerp by WWW International Diamond Consultants.
Nil Bakston (Neil Buxton), which deals with geostatistical modeling of diamond companies, noted the importance of understanding that the average modeled value per carat is not the ultimate or maximum: "The sales price of diamonds could be above $ 155 per carat is necessary to confirm these results using more. sample. "
"These results are the result of the successful completion of the resource development program on the project Chidliak 2015 They confirm that Chidliak is the most promising Canadian Diamond Project, located in the very beginning of the development.", - said the president and CEO Tom Peregudoff

Parliament of India passed a new law on the Bureau...

2017-07-15T19:43:24.220-07:00

Parliament of India passed a new law on the Bureau of Indian Standards (Bureau of Indian Standards, BIS) , which makes mandatory the installation procedure hallmark for gold and silver jewelry, and introduces the punishment for improper use of standards in the form of imprisonment for a term not exceeding two years and a fine in an amount up to 10 times the cost of the finished products produced with violations of the new rules. Parliament of India passed a law March 8. The new rules replace the acting 30 years Act of Bureau of Indian Standards.
If the offense is in the area of standardization will be committed by, any official person involved in its commission, it may be punished under the new law, regardless of whether the offense is committed with their consent or without it.
It is expected that the new law will improve the quality of products to customers, as well as help to reduce the import of poor quality products, at the same time supporting the government's program "Made in India" (Make in India).
"In this law the government has made mandatory the installation hallmark for gold jewelry" - said the Minister for Consumer Affairs Ram Vilas Pasvan (Ram Vilas Paswan). He noted that on March 9, held a meeting with jewelers, as previously reported the sale of jewelery from 9 carat gold, which were issued in 22-karat gold.
Everything else, according to a new law, the Bureau of Indian Standards has become a national body for the country's standards.

Dominion Diamond Corporation reported that proven ...

2017-07-15T19:43:08.585-07:00

Dominion Diamond Corporation reported that proven and probable reserves of diamonds Diavik diamond mine (Diavik) in Canada have been lowered by 500 000 carats in the year on year, to 52.8 million carats by the end of last year.
The decline in mineral reserves is due to the implementation of production and sampling in the period up to 31 December 2015. Included are also projected operating losses and a decrease in diamond content in the rock.
Most of the confirmed and probable resources Diavik project lies in underground mines, and is 42.6 million carats. Mining operations in the open pit mine provided about 10 million carats of reserves, according to a company statement dated 8 March.
Meanwhile, Dominion sampling conducted with a number of zones on which the active diamond mining. 3 samples were taken from the portion A-154-south (A-154 South), 16 - with a portion of A-418, and 4 - with the zone A-154-north (A-154 North)
Company Dominion Diamond possesses 40 percent share Diavik project, located in Canada's Northwest Territories, and Rio Tinto owns the remaining share of the mine. In addition, Dominion owns 88.9% of the Ekati diamond mines (Ekati), located in the same region of Canada.

Botswana's state-owned Minerals Development Co...

2017-07-15T19:42:51.451-07:00

Botswana's state-owned Minerals Development Company Botswana (MDCB), established in August last year, will begin work after the appointment of a new CEO.
That MDCB is expected to help the state in the management of all the assets of the mining industry in the country, including company Debswana and BCL.
According to the newspaper Mmegi, Mmetla member of the new board of directors Masire (Mmetla Masire) announced the appointment last month of Paul Smith (Paul Smith) new CEO MDCB. Its task is to ensure the transfer of assets Morupule colliery (Morupule) and firm BCL mining of minerals of the state company.
"In February, he was appointed the new CEO His first task was to ensure the transfer of assets, which has already begun, -. Masire said -. We hired consultants to understand the best way to transfer shares in the companies as there are issues related to unforeseen expenses. The first asset (which will come under the control of MDCB.) - it is mine and the company Morupule BCL BCL on optimizing operations "will be held as well.
Masire said that MDCB under management pass the assets of the following companies: Diamond Trading Company Botswana (DTCB) , Debswana Diamond Company and Botswana Ash. This will happen after the completion of the first phase of the redistribution of assets.

The Diamond Manufacturers Association (Diamond Pro...

2017-07-15T19:42:36.127-07:00

The Diamond Manufacturers Association (Diamond Producers Association, DPA) reported that Selli Morrison (Sally Morrison), managing director of marketing, will leave the organization for another post in May. In order to ensure continuity in the DPA marketing initiatives in the US, in late March, Maykl Peys (Michael Pace) will join the team managers of the organization as interim director of marketing as long as there will be found a complete replacement for the position.
Michael has extensive knowledge of the luxury industry and consumer marketing. He worked for 13 years at the World Gold Council (World Gold Council, WGC), and then - in companies Diageo and Unilever. He will report directly to Jean-Marc Lieberherr (Jean-Marc Lieberherr), Director General of the DPA. Michael will help David Lamb (David Lamb), former managing director of WGC, which supports strategic marketing initiatives DPA.
Jean-Marc Lieberherr said: "I am very grateful to Sally for her significant contribution to the marketing of DPA management I would like to wish her every success in the future, Michael and David - excellent marketers They will work together with the Board of Directors of our organization and to me personally... in order to achieve the goals set for the DPA. at the upcoming JCK we will share with the representatives of the diamond industry news for our plans in the field of marketing in the diamond industry. "

First Element Bvba Company announced a tender in A...

2017-07-15T19:42:21.093-07:00

First Element Bvba Company announced a tender in Antwerp diamonds located in the South African diamond mines Jagersfontein (Jagersfontein) and Rooipoort (Rooipoort).
Bidding will take place on the tender area of the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) from 14 March to 22 March daily from 9.00 to 18.00, except weekends.