GJ Town India

All diamonds used were conflict free!   Update 2: For Guinness World Records, Connie Suggitt inks, Indian jeweller sets sparkling record with ring containing 7801 diamonds, Guinness World Records title holder is a lifetime achievement in itself! Kotti Srikanth (India) is no stranger to dazzling jewellery. As the founder of Hallmark Jewellers he has spent much of his live surrounded by jewels, but one stood out above the rest - diamonds. This inspired him to break the record for the most diamonds set in one ring, setting a staggering 7,801 gems into a flower shaped ring. The design process for the ring started in September of 2018, when it was just a pencil drawing. A flower was chosen as their design inspiration due to Indian cultural traditions. "In India we have a tradition of respecting our Gods with garlands of flowers and individual flowers are used as an offering. The flowers signify the essence of purity," Kotti explained.   "We worked with many flower-based de...

Brahma Vajra Kamalam Ring used7,801 natural diamonds   Update 1: The New Guinness World Record for Most Diamonds Set in One Ring is achieved by Kotti Srikanth, Owner of The Diamond Store by Chandubhai (A unit of Hallmark Jewellers) in Hyderabad. A total of 7,801 natural diamonds have been used in curating the ring named, The Divine-7801 Brahma Vajra Kamalam. The Ring has been unveiled at their store. This is the first Guinness World Record in Jewellery achieved in South India.   The name of the ring is inspired from Brahma Kamalam, a rare Flower found in the Himalayas which is considered sacred and also has medicinal properties. Diamond is called as Vajra in Sanskrit and Telugu. The flower was chosen as design of The Divine Ring as it is a common offering for worship in the most natural and purest form.  The ring was conceptualized in September 2018 and it took about 11 months of dedicated artistic effort and craftsmanship for its completion. It has a total of six la...

Sotheby’s Online Auction, October 30   In a Sotheby’s Online Auction, Geneva, the Lots Begin Closing on 30 October 2020. Focussing here is, Graff’s Contrast & Colour, The Purity of Colour!   “From the way we bring diamonds together through the skillful  cutting of the stone to the making of each special piece, this is a great art form. We design what we consider to be the world’s finest jewellery. For us, it is essential that a jewel should have a mystique. There must be something enthralling and beautiful about it to capture the imagination” says Graff. Adding more Laurence Graff focuses on the Purity of Colour! Many artists have embraced the use of a single colour to make impactful and dynamic works, and just as demonstrated in coloured jewels, focusing on only one shade can reveal previously unseen depths. Indeed, Yves Klein believed that monochromatic paintings invited viewers to immerse themselves “in the immeasurable existence of color”.  Klein is, of c...

NV Gold Receives to carry Phase II Drill Program   NV Gold Corporation received all necessary drill approvals for its 2020 reverse circulation drill campaign at its 100% controlled Slumber Gold Project located approximately 50 miles northwest of Winnemucca, Humboldt County, Nevada, USA. NV Gold’s 2020 drill program, anticipated to commence in early November, will encompass up to 2,500 meters in up to 10 reverse circulation drill holes. “Targets generated at Slumber by recent CSAMT geophysical surveys are exceptional. Our technical team, which includes Dr. Quinton Hennigh and Dr. Odin Christensen, believes the Slumber Gold Project may potentially host a buried high grade gold system at depth beneath shallowly drilled areas tested last year,” commented Peter A. Ball, President and CEO of NV Gold.   “In addition to planned drilling at Slumber, NV Gold’s Sandy Gold Project drill campaign is now underway in western Nevada, and work at the Exodus Gold Project in British Columbia c...

The MVEye to present the research report live!   Update 1: MVI Marketing LLC (The MVEye), the leader in market research for the global gem, jewelry and watch industries, announced the completion of its 2020 Lab-Grown Diamond Consumer and Trade Market Research Report entitled Gaining Critical Mass.  The report, to be presented at a live, interactive webinar event on 29 October 2020 at 8p Eastern Time, is the result of comprehensive, quantitative online studies and video interviews with consumers, along with one on one evaluation of jewelry retailers.  Sign Up to Attend the Interactive Release Event. Sign Up to Attend the Interactive Release Event Here . The 2020 study, co-sponsored by the International Grown Diamond Association (IGDA) and INSTORE Magazine, builds on data gathered in a major consumer study conducted in September 2018, as well as past research from  The MVEye, to track the historical progression of the lab-grown diamond category.   Marty Hurwitz...

Standalone tender for Letlapa Tala Collection in November   Petra Diamonds Limited announces the following unaudited Trading Update for the three months ended 30 September 2020, Q1 FY 2021. Q1 production down 10% to 974,346 carats against the same period-Q1 FY 2020 had remained of 1,082,764 carats, mainly due to the Williamson mine remaining on care and maintenance.   Q1 revenue increased 33% to US$82.0 million over the Q1 FY 2020 of US$61.6 million, mainly due to the release of inventory carried over from Q4 FY 2020. Although diamond prices increased ca. 21% on a like-for-like basis at the September 2020 tender in comparison to the prices obtained following the Covid-19 outbreak, with a further ca. 2% increase at the October 2020 tender post Period end, prices are still down around 10% in comparison to pre-Covid-19 levels.   Due to ongoing uncertainty around the impact of Covid-19, production guidance for FY 2021 remains suspended. While the mines are generally ope...

Ex-gratia to loan accounts during March 1, 2020 to August 31, 2020 RBI announced further the Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts from March 1, 2020 to August 31, 2020. The Government of India has announced the Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts (1.3.2020 to 31.8.2020) on October 23, 2020.   The scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and compound interest for the period during March 1, 2020 to August 31, 2020 by respective lending institutions.   The details of the Scheme are available at RBI & banks! All lending institutions are advised to be guided by the provisions of the Scheme and take necessary action within the stipulated timeline is being i...