Fashion is best when redefined with bolder and out-of-the-box concepts. With fashion jewelry one will always want to make a stylish impression. And to bring a sense of freshness Dallen Accessories brings their eclectic Titanium and Stainless Steel jewelry collection – it for those who love to play it bold and aspire to look cool. Moving away from the traditionally ... Read More »
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American firm gets approval for diamond indexing
An American firm has been approved a patent for a system of grading polished diamonds which would permit them to be traded on the securities market. Chicago-based Cemshares invented ten levels in which diamonds of every carat, colour, clarity and cut can be quantified. The indexing of diamonds will allow them to become part of Exchange-Traded Funds (ETFs) and other ... Read More »
Dubai’s diamond trade up 12% to US $39B in 2011
The total value of Dubai’s i diamond trade, including rough and polished diamonds, rose 12 per cent to US $39 billion in 2011, the Dubai Multi Commodities Centre (DMCC) reported. The group did not provide separate import and export data for the year but stated that approximately 225 million carats of diamonds were traded in the Dubai Diamond Exchange during ... Read More »
Indian diamond exports fall 42% in four months
For the first time since the global economic downturn in 2008, India’s polished diamonds export has decreased by a staggering 42 per cent at US $4.8 billion in the last four months since April-2012 compared to US $8.3 billion during the same period in the previous year in 2011 As per the latest figures published by the Gems and Jewellery ... Read More »
Rio Tinto launches Argyle Pink Diamonds Tender 2012
Rio Tinto has launched its exclusive Argyle Pink Diamonds Tender 2012, an increasingly rare opportunity to purchase the world’s most precious diamonds. This exceptional collection which showcases 56 single pink diamonds, including two red diamonds and an additional 19 lots of blue diamonds, will be previewed around the world in September and October. The Argyle Diamond Mine consistently produces virtually ... Read More »
De Beers slashes prices by an average of 8%
De Beers has reduced prices by an approximate average of eight per cent at its Diamond Trading Company (DTC) sight in August. The sight had an estimated value of about US $580 million and Sightholders noted that the price adjustments were executed across the board with larger declines of up to 17 per cent for better-quality goods, while the drop ... Read More »
Zimbabwe to organize diamond conference in November 2012
The Ministry of Mines and I Mining Development of Zimbabwe is organizing an international diamond conference in Victoria Falls from the 12th till the 13th of November 2012. The conference will be hosted by minister Obert Moses Mpofu who will address the audience on behalf of the Zimbabwe government. The participation of a broad forum of speakers has been confirmed ... Read More »
Consumer diamond promotion on 35th WDC agenda
The promotion of diamonds and diamond jewellery to consumerswill be placed prominently on the agenda of the 35th World Diamond Congress ( WDC), the joint biennial meeting of the International Diamond Manufacturers Association (I DMA) and the World Federation of Diamond Bourses (WFDB), that will be held in Mumbai, from October 14 to 17. “It is now time for the ... Read More »
Madhya Pradesh govt. invites diamond processors to set up units in Indore
A group of rough diamond processors, led by the Gems and Jewellery Export Promotion Council (GJEPC) Chairman Rajiv Jain, recently met Madhya Pradesh Chief Minister Shivraj Singh Chauhan,seekingtax relief for shifting manufacturing units from Surat, Gujarat, to Indore. ‘The diamond processing industry, across the country, is currently paying a uniform 33 per cent tax to the government. We are seeking ... Read More »
GJSCI announces the finalists for World Skills International
The Gem and Jewellery Skill Council of India (GJSC1) I has announced that Suhali Jain from Delhi and Bhabesh Chandra Jana from Bangalore as the finalists of the skills test conducted by the Council. One selected finalist will represent India in July at the World Skills International 2013, Leipzig. Germany. Both the selected candidates will receive intensive training under a ... Read More »