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Winners of The Real Cut announced!

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Six to rock for the first time at LFW Summer/Resort 2019 Diamond Producers Association (DPA)   in association with Lakmé Fashion Week (LFW) announced winners of ‘The Real Cut’, a platform which will bring together emerging Diamond jewellery designers from iconic jewellery brands to define the trends of the future while drawing on their inspiration from billion-year-old diamonds. Shazia Motiwala of A.S Motiwala, Bhavana Jhakia of Om Jewellers, Rupam Singhal of Orra, Akshita Garg of Chiripal Jewellers, C. Raghu of Kirtilals and Rajeshwary Singh of Senco,emerged as the final winners of the programme. The Real Cut will give these winners an opportunity to showcase their work at Lakmé Fashion Week Summer/Resort 2019 with designer labels Rara Avis by Sonal Verma, Verandah by Anjali Patel Mehta, and Saaksha & Kinni by Saaksha Bhat and Kinnari Kamat. The six winners were handpicked by an esteemed panel of judges from diverse backgrounds of the jewelry and fashion frate

BDB & Jet inks Win-Win MoU!

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In the 2019, Jet Airways is gazing to shoulder expansion programme! Ms Sheila Mehra, of Jet Airways commenced the meeting by saying “Always we value this industry!” She accompanied with Biva Singha, executive-Key Accounts Corporate. “This is a Win-Win agreement between Bharat Diamond Bourse (BDB) & Jet Airways!” Sheila added. The meeting was held today January 25 at, BDB Conference Room, BDB, Mumbai to enter into and execute a business tie-up of a Corporate Incentive Agreement (MoU) between BDB and Jet Airways for Travel in the presence of BDB officials, Mr. Anoop Mehta, President, Vice-President Mr Mehul Shah, Members of Managing Committee & Secretariat-BDB. Ms Sheila & Biva represented Jet Airways. By highlighting key points of the MoU Ms Sheila said, we do provide connectivity & exclusive facilities to attend exhibitions overseas. MoU covers both domestic & overseas travel. Jet Airways have 21 co-share partners to provide travel facilities wo

Addressing the evolving needs of Rourkela

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Jhilik Bhattacharjee inaugurates Reliance Jewels Flagship showroom Reliance Jewels, one of India’s most trusted jewellery brands, has launched its Flagship showroom in Rourkela at Gurnam Tower on Kachery Road. Renowned Ollywood actress Jhilik Bhattacharjee inaugurated the showroom. Situated in the heart of Rourkela, Reliance Jewels store is conveniently located and geared to address the evolving needs of its patron. The new showroom with its modern and functional design is equipped to delight the patron with its comfort, perfect accent lighting complemented with delightful customer service. It will showcase exquisite traditional and contemporary collection in gold, diamond and solitaire jewellery. The new showroom with its distinct features, wide range of traditional and contemporary jewelry for every occasion, eye catching display is sure to offer a one of a kind shopping experience to patrons in Rourkela. Ms. Jhilik Bhattacharjee also added “Jewellery complements

India the fastest growing giant

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Global slowdown to continue in 2019 and 2020 “We expect moderate growth slowdown to continue in 2019 and 2020”, says Arjen van Dijkhuizen, Senior Economist at ABN AMRO Bank NV inks in, A challenging year, under the Asia Outlook 2019. Looking ahead, we expect regional GDP growth in annual terms to fall to 6% in 2019 and 5.8% in 2020, down from an average 6.2% in 2018. We expect the slowdown in China, (accounting for around 50% of emerging Asian GDP) to remain gradual. While China’s economy shows more signs of a serious cooling in recent months, the authorities continue with taking all kinds of offsetting measures. We assume China’s real GDP growth to fall from 6.6% in 2018 to 6.3% in 2019, the lowest level since 1990 (see for more background our China Outlook for 2019, Stimulus offsets trade risks). We expect growth in India - the region’s second largest economy – to remain solid at around 7.5% and India to maintain the status of fastest growing giant, even though In

Fireside chat in Tucson

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RJC to focus CSR benefits on February 7 Next month RJC will head back to the wide-open spaces and Technicolor deserts of Arizona where the city of Tucson will once again play host to JCK Tucson, a curated destination of finished jewelry, technology and loose gemstones from designers and suppliers from all over the world. This year RJC will host its first ever fireside chat in Tucson with a selection of industry expert guests to talk about the positive effects and benefits of acting on corporate social responsibility (CSR). Moderated by Brandee Dallow, RJC’s North America representative, the conversation will explore how having a robust approach to CSR will help build and improve the reputation of your business, no matter how big or small, with business partners, suppliers and customers. Other areas that will be examined are: 1: How being a responsible, sustainable business will help attract the right talent and keep staff motivated, 2: How simple but strong CSR eff

PGMs production up by 3% in Anglo Q4

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Anglo lowers 2019 PGMs production guidance Platinum and palladium production both increased by 3% to 602,300 ounces and 386,600 ounces respectively, driven by an improved operational performance across the majority of the portfolio says Anglo American reports a 7% increase in total production on a copper equivalent basis for the fourth quarter of 2018, compared to the same period in 2017, excluding the effect of the stoppage at Minas-Rio (1). Mark Cutifani, Chief Executive of Anglo American, said: "Our continuing focus on efficiency and productivity improvements across the business resulted in another strong quarter, adding to our consistent track record of delivery." Own mined platinum production decreased by 12% to 307,500 ounces and palladium production decreased by 7% to 234,800 ounces due to the sale of Union mine on 1 February 2018, after which its production was purchased as concentrate. Excluding Union, platinum production from own mine operations de

De Beers 4Q production up by 12%

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2019 production guidance is of 31-33 million carats! Recently Anglo American plc unveiled Production Report for the fourth quarter ended 31 December 2018. The report that says, De Beers production increased by 12% to 9.1 million carats due to production increases at Orapa. Rough diamond production increased by 12% to 9.1 million carats bringing total production for 2018 to 35.3 million carats due to a planned production increase at Orapa (2) mine, although this was in the lower half of the production guidance range of 35-36 million carats. Botswana (Debswana) production increased by 15% to 6.3 million carats, Orapa (2) production increased by 20% to 3.6 million carats driven by planned favourable grade and higher plant utilisation. Jwaneng production increased by 9% following an increase in tonnes treated. Namibia (Namdeb Holdings) production increased by 3% to 0.5 million carats, driven by the Mafuta crawler vessel at Debmarine Namibia spending fewer days in