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 »
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 »
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 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 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 »
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 »
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 »
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 »
When you think about the factors that contribute to an effective marketing campaign, none is probably more important than the message you send via the copy you write. Yet so often we see jewellery store owners promoting a diamond ring with a brief description of the item (normally written in industry abbreviations such as “TAW” or”H-1 S12″ that many people ... Read More »
Naijo. K.0, born on 1980 in Ernakulam is the third child of his parents. His father Ouseph. K.A is a retired armyman and mother Threissaimma is a house wife. Belonging to a traditional Christian Kerala family Naijo always wanted to be a business man. After receiving graduation in commerce, Naijo decided to follow his dream. Initially it was hard as ... Read More »