GJ Town India

Tender taking place between May 15 and 29, 2020 Alrosa offered an option to its long-term customers to buy rough diamonds through its digital platform amidst limited business travel due to Covid-2019 pandemic related restrictions. At the digital tender taking place between May 15 and 29, 2020, the company offers over 800 rough diamonds from 5-10 carats batches. The offered volume is the largest Alrosa has ever put on a digital tender. The company provides detailed information on each diamond for remote evaluation. Clients logged to their personal online account get full digital scans of auctioned stones, including data on their external shape, inclusions, color, fluorescence, as well as photos.   For clients’ convenience, the company has significantly upgraded its trading system as well as online services. Every lot has a separate web page with all its characteristics. Given a large number of lots, clients have an opportunity to upload their bids for individual ...

Sarine Diamond Journey Japan! Sarine Technologies announces that New Art Cima Ltd. is introducing the Sarine Diamond Journey as a centrepiece of its new marketing campaign and consumer experience. The Sarine Diamond Journey focuses on the story of the diamond from its origin and rough structure until its final polished form. The provided graphic and video depictions provide today's consumers with a unique experience and the full transparency they seek from a respected brand in an intuitive format. The diamond's actual transition through its various stages of cutting, shaping and polishing is chronicled with actual visual imagery captured throughout the manufacturing process by Sarine's cutting edge systems. Sarine's provenance offering is unique in that only it is able to accurately and efficiently provide true high-quality information directly derived from the actual technology utilised during the various processes involved in the manufacture of the mo...

China to demand 3429 mn oz Palladium by 2022 According to Michael Jones, president and CEO of Platinum Group Metals (PGM), Palladium prices have fallen sharply from last month’s record highs, but the metal’s long-term potential will continue to drive prices higher for years, amid an economic downturn. He said in a release that his company continues to move forward with the development of its South African Waterberg PGM project as he sees further growth potential for palladium. Jone's comments come as palladium prices have fallen nearly 13% from March's historic highs. June palladium futures last traded at $1,376.30 an ounce. In particular, Jones said that demand for palladium will remain strong even if auto sales in the U.S. and China continue to slow. He explained that automakers have to add more of the precious metal to catalytic converters to meet tighter emission standards. “Even if global auto sales cool, [amount of palladium] per car is going up drama...

Congress to be held in Manama, Bahrain Scheduled during November 18 to November 20 CIBJO, the World Jewellery Confederation, will hold its 2019 annual congress in Manama, the capital of the Kingdom of Bahrain, from November 18 to November 20. Pre-congress meetings will be held November 16 and 17, and the congress will follow the World Pearl Forum, which is due to take place on November 14 and 15. The CIBJO Annual Congress will be hosted by DANAT, the Bahrain Institute for Pearls and Gemstones, which is dedicated to developing the local and regional pearl and gemstone industry, and operates one of the world's most sophisticated laboratories in the field. The official venue and hotel of the 2019 CIBJO Congress is the Four Seasons Hotel Bahrain Bay. CIBJO congresses serve as the official gathering place for the World Jewellery Confederation's Assembly of Delegates, and are also the venue for the annual meetings of CIBJO's sectoral commissions, where amendmen...

It’s Always Happy Hours Themed celebration until  7th May 33 years ago, Anmol began its journey of iconic designs and innovation.   Since then, under the leadership of Mr. Ishu Datwani, Anmol has carved an ‘Era of Design’, emerging as the High Jeweller of the 21st Century. A celebration of this journey, Anmol unfolds an eclectic edition of cocktail jewellery with ‘Anmol’s Club 33’ collection. A splendid composition of vivacious contemporary designs and artistic forms, ‘Anmol’s Club 33’ collection captures the brand’s passion and commitment to excellence in design and craftsmanship. The collection displays finely crafted necklaces, exquisite cocktail rings, classy earrings and statement cuffs. As a celebration of 33 vibrant years of Anmol, the collections brings precious coloured gem stones, briolettes, pearls and clusters of sparkling diamonds that create a perfect symphony of unparalleled rarity and perfection. The collection is crafted in 18k white gold, ros...

With National Geographic a partnership of vital Supporting African communities and conservation Gemfields, the world’s leading supplier of responsibly sourced coloured gemstones, is partnering with National Geographic to lift the veil on vital projects supported by Gemfields in Africa, benefitting both communities and conservation. Gemfields’ gemstone mining operations in both Zambia and Mozambique provide a significant benefit to these African countries, not only through a substantial source of taxation to the national economy, but in additional projects chosen for the difference they make in protecting Africa’s rich biodiversity and promoting sustainable livelihoods for local communities. Gemfields operates the Kagem emerald mine in Lufwanyama in partnership with the Zambian government, which owns 25 percent. The two short films created through the collaboration, follow National Geographic photographer and filmmaker Shannon Wild as she explores the communitie...

No way to close the US-Mexico border Without inflicting serious damage to US economy The National Retail Federation (NRF) sent a letter to Trump administration officials expressing concerns over ongoing threats to close the United States-Mexico border and outlining how a closure would hurt U.S. retailers, workers and consumers. “We share the administration’s goal of fixing the nation’s broken immigration system and enhancing border security,” NRF President and CEO Matthew Shay said. “However, there is no way to close the U.S-Mexico border without inflicting serious damage to the American economy.” U.S. trade with Mexico exceeds $1.7 billion each day. American retailers and consumers rely on Mexico for many products. “Closing the border for any length of time would result in significant supply chain disruptions for U.S. retailers,” Shay said.  “These disruptions would reverberate throughout the supply chain, impacting everyone from truckers to warehouse work...

WDC will help create conditions in which Sub-Saharan Africa's artisanal diamond KP to enable CAR to sell artisanally-mined Expanding the scope of the Kimberley Process to include issues related to human rights and labor relations, as is being advocated by the World Diamond Council (WDC), will help create conditions in which Sub-Saharan Africa's artisanal diamond miners can meet their economic potential, and so support the development of their countries' economies, Marie-Chantal Kaninda, Executive Director of WDC, has told the 6th Forum of the Africa-Belgium Business Week, meeting yesterday in the Belgian town of Genval. Ms. Kaninda was delivering the opening address in her capacity as Honorary President of the forum, which is organized by Africa Rise, a Belgian organization that promotes Africa's economic and social emergence through contacts between its entrepreneurs and their counterparts from other parts the world. The guests of honor at the forum ...

Summer blows high! Busy season approaching With tariff increases delayed for the foreseeable future and the busy summer season approaching, imports at the nation’s major retail container ports are beginning to climb again, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “Retailers are starting to stock up in anticipation of a strong summer,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “Tariff increases are on hold and progress is being reported in talks between the United States and China, so the imports we’re seeing now are driven primarily by expectations for consumer demand.” U.S. ports covered by Global Port Tracker handled 1.62 million Twenty-Foot Equivalent Units in February, the latest month for which after-the-fact numbers are available. That was down 14.3 percent from January and down 4 percent year-over-year. February is traditionally the slowes...

Average value per carat remained of US$ 927.87 Trans Atlantic Gem Sales (TAGS) recently held a rough diamond tender in the Almas Tower at the Dubai Diamond Exchange in Dubai from the 26th March to the 2nd April 2019. Two regular productions from South Africa and Angola were again presented, including a Namibian production. All materials were of high quality and high colour and featured a significant number of large single stones and exceptional specials. According to TAGS, total tender sales of US$ 38,364,624.96 and over all 41,346.93 carats sold in total by acquiring average value per carat of US$ 927.87 only. Over all 204 companies participated in the tender process. It is to know, TAGS again presented their regular productions from South Africa and Angola which continue to be well received. Specialist manufacturing companies from India, Belgium and Israel were in attendance. TAGS utilised 30 showing rooms in the Dubai Diamond Exchange to present the productions ...

De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction sales) for the third sales cycle of 2019. Bruce Cleaver, CEO, De Beers Group, said: “As we move into the second quarter of the year, we saw a continuation of stable demand for our rough diamonds during the third cycle of 2019.” Particular: Cycle 3 2019 (provisional) [1] Cycle 2 2019 (actual) [2] Cycle 3 2018 (actual) Sales value [3] ($m) 575 496 524                 1:                Cycle 3 2019 provisional sales value represents sales as at 8 April 2019.                          2:                Cycle 2 2019 actual s...