GJ Town India

Full range of 30K carats  each from SA & Angola Trans Atlantic Gem Sales (TAGS) will be holding a rough diamond tender from the 12th to the 19th February 2019 in the Almas Tower at the Dubai Diamond Exchange in Dubai. Two regular productions from South Africa and Angola will again be presented including a Namibian production.   All materials are of high quality and high colour. All productions contain a significant number of large single stones and exceptional specials. Interested parties are recommended to confirm their attendance promptly in order to ensure availability due to the high interest in the event and limited viewing appointments. TAGS are expecting in the region of 30,000 carats of South African goods and 30,000 carats of Angolan goods across a full range of sizes. Final details will soon be forthcoming from the producers; however the event should have a combined value in excess of US$50m.  The Trans Atlantic Gem Sales website lists th...

DMCC, the fourth trade body  joining MyKYCBank The Dubai Diamond Exchange (DDE)-a subsidiary of DMCC (Dubai Multi Commodities Centre) – signed a service agreement to join the MyKYCBank platform of the Gem & Jewellery Export Promotion Council. Mr. Ahmed Bin Sulayem, Executive Chairman of DMCC, and Chairman of DDE, and Mr. Pramod Kumar Agrawal, Chairman, GJEPC, were present at this momentous occasion.   The agreement enables DMCC members trading in diamonds, gold and precious stones to join the MyKYCBank platform. DMCC will be the fourth trade body to join MyKYCBank, following GJEPC, Bharat Diamond Bourse and the Antwerp World Diamond Council. The MyKYCBank platform provides a centralized global platform for companies in the Gems and Jewellery (G&J) industry (including gold, diamonds, precious stones and Jewellery) to complete, manage and share their KYC information so as enable them to meet their obligations under the anti-money laundering AML laws of ...

DDE total sales are up by 70% YoY DDE and Stargems Group hosts six tenders The Dubai Diamond Exchange (DDE), a subsidiary of DMCC, the world’s flagship Free Zone and Dubai government authority on commodities trade and enterprise, in collaboration with Stargems Group, today announced the completion of six successful rough diamond tenders of SACIM goods (Anhui-Congo Mining Investment Company) with over 2 million carats sold. The tenders were held at the Almas Tower with around 200 diamond companies in attendance and were facilitated by the Dubai Diamond Exchange in a secure, transparent and regulated environment.   Earlier this year, DMCC signed a strategic partnership with Stargems, specialised in the sourcing and supply of fine diamonds, to host a series of rough diamond tenders. The agreement enables members, miners and suppliers from around the world to trade and distribute rough diamonds at Stargems’ events hosted at DDE’s headquarters in Almas Tower. The s...