Saturday, July 22, 2017
Saturday, July 15, 2017
Graff Diamonds Limited reported that its sales and profits fell sharply last year due to tougher market conditions in the global diamond market. Graff is a London-based jewelry company high-price segment.
The company said its revenue fell 32% to $ 500.2 million, and profit fell immediately by 74% to $ 32.1 million in the reporting period.
Revenue Graff Diamond Holdings, which includes an international enterprise group, was $ 723 million.
The drop in sales and profits of export-oriented products from the UK, was due to lower demand for diamonds worldwide and due to the deterioration of consumer sentiment in Hong Kong and China.
"Despite the economic problems in certain regions where we operate, we achieved robust financial results Graff Diamonds Holding Group due to inventory management products, as well as preservation of investment in profitable long-term projects", - said Laurence Graff (Laurence Graff), Chairman of the Board of Directors .
Graff heads "satisfied" with the results of its operations, said Brian Bamberger (Bryan Bamberger), company secretary.
The company entered new markets in 2015, opened a boutique in Nagoya, Japan, in Studio City in Macau and on the promenade in Gstaad, Switzerland. Graff also expanded its presence in Harrods, the London department store. Also, stores that were opened in 2014 in Zurich, Hong Kong and Japan, continue to show successful results, added to the company. Additional stores will be opened in 2016 on the Place Vendome in Paris, as well as in Macau and Texas.
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The company said its revenue fell 32% to $ 500.2 million, and profit fell immediately by 74% to $ 32.1 million in the reporting period.
Revenue Graff Diamond Holdings, which includes an international enterprise group, was $ 723 million.
The drop in sales and profits of export-oriented products from the UK, was due to lower demand for diamonds worldwide and due to the deterioration of consumer sentiment in Hong Kong and China.
"Despite the economic problems in certain regions where we operate, we achieved robust financial results Graff Diamonds Holding Group due to inventory management products, as well as preservation of investment in profitable long-term projects", - said Laurence Graff (Laurence Graff), Chairman of the Board of Directors .
Graff heads "satisfied" with the results of its operations, said Brian Bamberger (Bryan Bamberger), company secretary.
The company entered new markets in 2015, opened a boutique in Nagoya, Japan, in Studio City in Macau and on the promenade in Gstaad, Switzerland. Graff also expanded its presence in Harrods, the London department store. Also, stores that were opened in 2014 in Zurich, Hong Kong and Japan, continue to show successful results, added to the company. Additional stores will be opened in 2016 on the Place Vendome in Paris, as well as in Macau and Texas.
http://pearlsgift.blogspot.ca/
The World Jewelry Center in Panama (World Jewelry Hub, WJH) announced the start of exports of jewelry produced in its free trade zone. The transaction was carried out in the framework of the extended license of the Free Trade Zone Center, which now allows the creation of production capacity within its jurisdiction.
"It was a small amount of exports, but it has become a giant step for our center", - he said the president recently changed its name to World of jewelery and Diamond Center in Panama (World Jewelry and Diamond Hub) Mahesh Khemlani (Mahesh Khemlani). "Expansion license allows us to develop a series of activities as part of our focus to merchants and manufacturers can work it all under one roof. It is an evolution of our vision to create a single center of the jewelry industry."
WJH long-term plan includes the creation of areas dedicated specifically for jewelery manufacturers, who will benefit from a free trade zone, and get immediate access to raw materials, which are imported to the center. In addition, they will be in the vicinity of the traders operating at both the Latin American markets and all over the world.
"Visitors to our sales area often affects a variety of jewelry and precious stones, products involved in the transaction," - said Ali Pastorini (Ali Pastorini), Vice-President WJH. "Thanks to recent innovations members of our center can produce and offer their own jewelry, enjoying all the advantages of operating capacity WJH We anticipate that this will accelerate the growth of the number of members of our organization." - she concludes.
http://pearlgiftjewelry.blogspot.ca/
"It was a small amount of exports, but it has become a giant step for our center", - he said the president recently changed its name to World of jewelery and Diamond Center in Panama (World Jewelry and Diamond Hub) Mahesh Khemlani (Mahesh Khemlani). "Expansion license allows us to develop a series of activities as part of our focus to merchants and manufacturers can work it all under one roof. It is an evolution of our vision to create a single center of the jewelry industry."
WJH long-term plan includes the creation of areas dedicated specifically for jewelery manufacturers, who will benefit from a free trade zone, and get immediate access to raw materials, which are imported to the center. In addition, they will be in the vicinity of the traders operating at both the Latin American markets and all over the world.
"Visitors to our sales area often affects a variety of jewelry and precious stones, products involved in the transaction," - said Ali Pastorini (Ali Pastorini), Vice-President WJH. "Thanks to recent innovations members of our center can produce and offer their own jewelry, enjoying all the advantages of operating capacity WJH We anticipate that this will accelerate the growth of the number of members of our organization." - she concludes.
http://pearlgiftjewelry.blogspot.ca/
Tiffany & Co. announced financial results for the first quarter of 2016, according to which the net sales worldwide decreased by 7% compared to the same period of the previous year, to $ 891 million.
The company said same-store sales, which declined by 9% during the reporting period , have come under pressure due to weak tourist spending in some markets, particularly in Hong Kong, said the general director of Tiffany & Co. Frederick Kyumenal (Frederic Cumenal).
In North and South America total sales based on constant exchange rates decreased by 8%, while same-store sales - 9%. In US dollars, total sales decreased by 9% to $ 403 million.
Total sales in the Asia-Pacific region based on constant exchange rates decreased by 5%, while same-store sales fell 12%. Total sales decreased by 8% to $ 238 million. On these results were affected by negative sales figures in Hong Kong despite their growth in China and South Korea.
Total sales in Europe on the basis of constant exchange rates decreased by 7%, while same-store sales - by 14%. At cost decreased by 15% to $ 97 million. The Tiffany noted that this fall was due to a sharp decline in tourist spending, especially in France.
"From a strategic point of view, we believe that our initiatives will enhance our ability to provide our customers with special products and the experience and ultimately contribute to the improvement of financial results - said Kyumenal -. We remain focused on creating sustainable sales and long-term profit growth. "
As of April 30, Tiffany & Co. owned 308 stores compared with 298 stores in the same period a year earlier.
http://royalpearljewelry.blogspot.ca/
The company said same-store sales, which declined by 9% during the reporting period , have come under pressure due to weak tourist spending in some markets, particularly in Hong Kong, said the general director of Tiffany & Co. Frederick Kyumenal (Frederic Cumenal).
In North and South America total sales based on constant exchange rates decreased by 8%, while same-store sales - 9%. In US dollars, total sales decreased by 9% to $ 403 million.
Total sales in the Asia-Pacific region based on constant exchange rates decreased by 5%, while same-store sales fell 12%. Total sales decreased by 8% to $ 238 million. On these results were affected by negative sales figures in Hong Kong despite their growth in China and South Korea.
Total sales in Europe on the basis of constant exchange rates decreased by 7%, while same-store sales - by 14%. At cost decreased by 15% to $ 97 million. The Tiffany noted that this fall was due to a sharp decline in tourist spending, especially in France.
"From a strategic point of view, we believe that our initiatives will enhance our ability to provide our customers with special products and the experience and ultimately contribute to the improvement of financial results - said Kyumenal -. We remain focused on creating sustainable sales and long-term profit growth. "
As of April 30, Tiffany & Co. owned 308 stores compared with 298 stores in the same period a year earlier.
http://royalpearljewelry.blogspot.ca/
Alrosa, the world leader in diamond production, today reported financial results according to IFRS for the first quarter of 2016, informing the press release received by Rough & Polished Tuesday.
The company said revenue in the first quarter of 2016 increased by 37% compared to the first quarter of 2015 and amounted to 102.3 billion rubles. The revenue growth was due to the improvement of the situation of the diamond market, which contributed to an increase in diamond sales by 34% in the first quarter of 2016 compared to the first quarter of 2015.
EBITDA increased by 38% compared to the first quarter of 2015 to 59.3 billion rubles, EBITDA margin increased to 58%.
Net profit amounted to 49.9 billion rubles, 2.2 times higher than the same indicator of the first quarter 2015. Net cash flow reached 59.9 billion rubles due to a substantial increase in the volume of diamond sales in the first quarter of 2016.
"In the first quarter of this year we managed to increase sales volumes, which contributed to the reduction in diamond balances accumulated during the second half of 2015. On the back of improved market conditions financial results "ALROSA" in the first quarter of 2016 show a steady position of the Company in the industry ", - said the president of ALROSA Andrei Zharkov.
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The company said revenue in the first quarter of 2016 increased by 37% compared to the first quarter of 2015 and amounted to 102.3 billion rubles. The revenue growth was due to the improvement of the situation of the diamond market, which contributed to an increase in diamond sales by 34% in the first quarter of 2016 compared to the first quarter of 2015.
EBITDA increased by 38% compared to the first quarter of 2015 to 59.3 billion rubles, EBITDA margin increased to 58%.
Net profit amounted to 49.9 billion rubles, 2.2 times higher than the same indicator of the first quarter 2015. Net cash flow reached 59.9 billion rubles due to a substantial increase in the volume of diamond sales in the first quarter of 2016.
"In the first quarter of this year we managed to increase sales volumes, which contributed to the reduction in diamond balances accumulated during the second half of 2015. On the back of improved market conditions financial results "ALROSA" in the first quarter of 2016 show a steady position of the Company in the industry ", - said the president of ALROSA Andrei Zharkov.
http://bridalpearlnecklace.blogspot.ca/
Petra Diamonds has, which owns diamond mines in South Africa and Tanzania, reported that its Chief Financial Officer Devid Eberi (David Abery) will leave his post to another company after working in Petra for more than 13 years.
As part of the transfer of its powers Ebury will remain a consultant to his successor for at least six months.
"David has been an integral part of Petra growth for many years, he took a number of important strategic and financial decisions", - said chairman of the board of directors of Adonis Purulis (Adonis Pouroulis).
"His leadership and contribution to the long-term build-up of value-added business has served the company and its shareholders", - he added.
In a statement, Petra reported that it is now in place will be appointed CFO Zhak Breytenbah (Jacques Breytenbach), who worked in the company of the manager of financial transactions since 2006. However, Koos Visser (Koos Visser) is appointed Chief Operating Officer of the company.
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As part of the transfer of its powers Ebury will remain a consultant to his successor for at least six months.
"David has been an integral part of Petra growth for many years, he took a number of important strategic and financial decisions", - said chairman of the board of directors of Adonis Purulis (Adonis Pouroulis).
"His leadership and contribution to the long-term build-up of value-added business has served the company and its shareholders", - he added.
In a statement, Petra reported that it is now in place will be appointed CFO Zhak Breytenbah (Jacques Breytenbach), who worked in the company of the manager of financial transactions since 2006. However, Koos Visser (Koos Visser) is appointed Chief Operating Officer of the company.
http://pearlsgift.blogspot.ca/
Company to create technologies for the diamond industry OGI Systems Group will soon present OGI Maximus system - Scanner for measuring very large diamonds.
Development of the system has taken several years, and was carried out in collaboration with leading international companies bidding. Innovative technologies have become part of the design of the product. The system includes a digital camera of high resolution for the most accurate marking, as well as advanced digital algorithms. The device is large enough to measure even the largest diamonds, including the recently discovered 1,109-carat "Lesedi La Rona".
"The system OGI Maximus combines breakthrough capabilities in raising diamanters confidence in diamond production in the planning or cutting extremely large diamonds," - said OGI Marketing Director Lior Modlin (Lior Modlin).
http://traditionpearlnecklace.blogspot.ca/
Development of the system has taken several years, and was carried out in collaboration with leading international companies bidding. Innovative technologies have become part of the design of the product. The system includes a digital camera of high resolution for the most accurate marking, as well as advanced digital algorithms. The device is large enough to measure even the largest diamonds, including the recently discovered 1,109-carat "Lesedi La Rona".
"The system OGI Maximus combines breakthrough capabilities in raising diamanters confidence in diamond production in the planning or cutting extremely large diamonds," - said OGI Marketing Director Lior Modlin (Lior Modlin).
http://traditionpearlnecklace.blogspot.ca/
Russia, with its revolutionary gem-quality diamond production technologies, grown in the laboratory, present in the person of the company's New Diamond Technology (NDT) of St. Petersburg four largest certified by the Hong Kong branch of the International Gemological Institute (International Gemological Institute, IGI) stone on the jewelry exhibition JCK Las Vegas 3 - 6 June 2016.
"We are very excited to introduce our exclusive diamonds on the brightest jewelery fair - JCK Las Vegas", - said the president of NDT Tamazi Kikinashvili (Tamazi Khikhinashvili) _. "At the same event last year, we presented our white diamond weighing 10.02 carats, which has become a milestone for the entire diamond industry hope that it will become our tradition every year over and over again to surprise our colleagues.", - he added .
http://pearlgiftjewelry.blogspot.ca/
"We are very excited to introduce our exclusive diamonds on the brightest jewelery fair - JCK Las Vegas", - said the president of NDT Tamazi Kikinashvili (Tamazi Khikhinashvili) _. "At the same event last year, we presented our white diamond weighing 10.02 carats, which has become a milestone for the entire diamond industry hope that it will become our tradition every year over and over again to surprise our colleagues.", - he added .
http://pearlgiftjewelry.blogspot.ca/
Mosman Oil and Gas has invested $ 308,000 in a Canadian junior exploration company, GEM International to search for diamond deposits in Angola.
GEM has signed an option to purchase a 42-percent share of prospective diamond area Dala (Dala) in Angola, 25 kilometers south of the Catoca mine (Catoca).
Catoca, which is partially owned by Russia's Alrosa, the Angolan diamond company Endiama and other firms, is the fifth largest diamond mine in the world.
The Mosman statement said that the project Dala diamond mine is at an early stage of development. It is possible to detect both alluvial and kimberlite diamond deposits.
"While the board of directors continues to evaluate opportunities to acquire oil and gas assets in the GEM investment has become a turning point in the development of the company's Board of Directors believes that the GEM share in the diamond project Dala has the potential to bring good results.", - said chairman of the board of directors of Mosman Dzhon Barr (John Barr).
The total area of Dala project is 3000 square meters. km. Thus, it is the largest of the available license areas for diamond concession in the framework of the Code of mining resources of Angola (Angolan Mining Code).
http://royalpearljewelry.blogspot.ca/
Rare green diamond Aurora Green weighing 5.03 carats was sold at Christie's auction in Hong Kong for a record 130 million Hong Kong dollars ($ 16.8 million), according to the website of the auction house.
Thus, the price of a diamond has broken two records: first, it is the most expensive green diamond ever sold at auctions around the world, and secondly, the amount per carat ($ 3.4 million) also was a record.
Auction organizers hoped to get for a diamond 16 $ -. 20 million
in the last time at the auction of various auction houses exhibited several large and important color of fancy diamonds.
In addition, the diamond "Lesedi La Rona", the second largest diamond of gem quality in the world, produced in November 2015 by Lucara Diamond Corp. Mine cars (Karowe) in Botswana, will be sold at a special dedicated to him a Sotheby's auction in London on June 29, 2016.
http://bridalpearlnecklace.blogspot.ca/
Thus, the price of a diamond has broken two records: first, it is the most expensive green diamond ever sold at auctions around the world, and secondly, the amount per carat ($ 3.4 million) also was a record.
Auction organizers hoped to get for a diamond 16 $ -. 20 million
in the last time at the auction of various auction houses exhibited several large and important color of fancy diamonds.
In addition, the diamond "Lesedi La Rona", the second largest diamond of gem quality in the world, produced in November 2015 by Lucara Diamond Corp. Mine cars (Karowe) in Botswana, will be sold at a special dedicated to him a Sotheby's auction in London on June 29, 2016.
http://bridalpearlnecklace.blogspot.ca/
Stellar Diamonds reported a "verbal confirmation" approved by the Council under the Ministry of Mines of Sierra Leone on the application of the project license area Tongo (Tongo).
In a statement sent to Rough & Polished, it said that the licensing process is administered by the National Agency for Mineral Resources, which is one of the branches of the Ministry of Mines.
That the agency is expected to soon send Stellar official response, after which will be considered by the Ministry of Mines agreement under license.
"After that, Stellar and the Government of Sierra Leone will discuss the financial terms of the license of the project As a result, the final agreement should be ratified by Parliament.", - the report says the diamond company.
However, in Stellar noted that parallel negotiations with the Agency for the Protection of the Environment of Sierra Leone to obtain licenses for the use of natural resources, which should also be given to the company before the start of diamond mining.
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In a statement sent to Rough & Polished, it said that the licensing process is administered by the National Agency for Mineral Resources, which is one of the branches of the Ministry of Mines.
That the agency is expected to soon send Stellar official response, after which will be considered by the Ministry of Mines agreement under license.
"After that, Stellar and the Government of Sierra Leone will discuss the financial terms of the license of the project As a result, the final agreement should be ratified by Parliament.", - the report says the diamond company.
However, in Stellar noted that parallel negotiations with the Agency for the Protection of the Environment of Sierra Leone to obtain licenses for the use of natural resources, which should also be given to the company before the start of diamond mining.
http://pearlsgift.blogspot.ca/
"ALROSA" plans to reduce the volume of production at the alluvial deposits in 2016, said Chief Financial Officer Igor Kulichik in a conference call.
"We have decided to reduce the mining plan for 2016 - up to 37 million to 39 million carats. However, it does not require a reduction in production, the closure of the company's main production facilities. Indicators will be achieved by reducing the production of the alluvial deposits ", - said Kulichik.
He also noted that ALROSA is possible to painlessly reduce production volumes, possibly in subsequent years.
"Due to the alluvial deposits of the company can vary the level of annual production of +/- 10%, without increasing the cost and long-term effects on production", - said Kulichik.
In addition, the CFO said that due to the favorable situation of ALROSA in the first quarter of this year was able to significantly reduce the amount of residues in the diamond reserves - about 4 million carats, to slightly below 18 million carats. Their value today, according to company estimates, is about $ 1.8 billion. At the end of 2015 the volume of wastewater was 22 million carats.
"During the current year, we expect that the dynamics of a smooth decline of this indicator will continue, but this growth realization sinks in the first quarter, you will not see" - said Kulichik, adding that in January-March, there was a significant deficiency in the lapidary enterprises amounting to more than $ 3 billion.
According to him, ALROSA expects fairly stable continuation of the year both in sales volumes and prices for rough diamonds. "Most likely, we will not observe the sharp fluctuations until the end of the year, sales and do not see any reason for the significant change in the price upwards or downwards. We get positive feedback from our customers. So far, the changes do not expect ", - said Kulichik.
ALROSA plans to soon agree on debt refinancing in the amount of approximately $ 700 million, he said in a conference call Kulichik.
"We are actively working on this issue, we hope to conclude an agreement to refinance in the near future. As a result, we want to get a comfortable debt maturity curve - $ 300 million in 2017, 600 million in 2018 to 700 million in 2019 and $ 1 billion in 2020 ", - said Kulichik.
Thus, according to him, the company is debt repayments can be funded through its current revenues.
http://traditionpearlnecklace.blogspot.ca/
"We have decided to reduce the mining plan for 2016 - up to 37 million to 39 million carats. However, it does not require a reduction in production, the closure of the company's main production facilities. Indicators will be achieved by reducing the production of the alluvial deposits ", - said Kulichik.
He also noted that ALROSA is possible to painlessly reduce production volumes, possibly in subsequent years.
"Due to the alluvial deposits of the company can vary the level of annual production of +/- 10%, without increasing the cost and long-term effects on production", - said Kulichik.
In addition, the CFO said that due to the favorable situation of ALROSA in the first quarter of this year was able to significantly reduce the amount of residues in the diamond reserves - about 4 million carats, to slightly below 18 million carats. Their value today, according to company estimates, is about $ 1.8 billion. At the end of 2015 the volume of wastewater was 22 million carats.
"During the current year, we expect that the dynamics of a smooth decline of this indicator will continue, but this growth realization sinks in the first quarter, you will not see" - said Kulichik, adding that in January-March, there was a significant deficiency in the lapidary enterprises amounting to more than $ 3 billion.
According to him, ALROSA expects fairly stable continuation of the year both in sales volumes and prices for rough diamonds. "Most likely, we will not observe the sharp fluctuations until the end of the year, sales and do not see any reason for the significant change in the price upwards or downwards. We get positive feedback from our customers. So far, the changes do not expect ", - said Kulichik.
ALROSA plans to soon agree on debt refinancing in the amount of approximately $ 700 million, he said in a conference call Kulichik.
"We are actively working on this issue, we hope to conclude an agreement to refinance in the near future. As a result, we want to get a comfortable debt maturity curve - $ 300 million in 2017, 600 million in 2018 to 700 million in 2019 and $ 1 billion in 2020 ", - said Kulichik.
Thus, according to him, the company is debt repayments can be funded through its current revenues.
http://traditionpearlnecklace.blogspot.ca/
Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond mining, according to a number of meetings within the framework of the visit the delegation of the company led by President Andrew Zharkov at the International Jewelery trade-industrial exhibition «JCK Las Vegas» (Las Vegas, USA ). This was reported in a press release issued on Wednesday.
The delegation of "ALROSA" in the course of informal road show, with the participation of Sberbank, met in the United States with a number of private and institutional investors. During the conversation it was revealed the interest of international investors in the planned secondary offering "ALROSA" in the framework of the privatization program.
Guide "ALROSA" to visit the headquarters and logistics center of the company "Tiffany & Co.» (Tiffany & Co) in New York, where he will discuss possible steps for cooperation in the field of processing and sale of rough diamonds. American company representatives expressed their willingness to pay a return visit of the enterprise "ALROSA" in autumn this year.
In the course of bilateral meetings at the show in Las Vegas, also discussed issues of cooperation in the framework of the "Diamond Manufacturers Association» (Diamond Producers Association) in the context of the development of new effective forms of marketing programs.
http://pearlgiftjewelry.blogspot.ca/
The delegation of "ALROSA" in the course of informal road show, with the participation of Sberbank, met in the United States with a number of private and institutional investors. During the conversation it was revealed the interest of international investors in the planned secondary offering "ALROSA" in the framework of the privatization program.
Guide "ALROSA" to visit the headquarters and logistics center of the company "Tiffany & Co.» (Tiffany & Co) in New York, where he will discuss possible steps for cooperation in the field of processing and sale of rough diamonds. American company representatives expressed their willingness to pay a return visit of the enterprise "ALROSA" in autumn this year.
In the course of bilateral meetings at the show in Las Vegas, also discussed issues of cooperation in the framework of the "Diamond Manufacturers Association» (Diamond Producers Association) in the context of the development of new effective forms of marketing programs.
http://pearlgiftjewelry.blogspot.ca/
Office of penalties (Enforcement Directorate, ED) India confiscated assets Winsome Diamonds and Jewellery Limited valued at $ 25.85 million in connection with money laundering on a large scale, as well as in connection with a major default on a bank loan amounting to $ 1.02 billion, according to Times of india.
ED Zonal office ordered the arrest of movable and immovable property of the company in accordance with the provisions of the Law on Prevention of Money Laundering (PMLA).
Winsome has its registered office in the city of Surat in Gujarat, however, it is headquartered in Mumbai.
The company's problems began in January 2013, when 13 distributors in the UAE, controlled by a Jordanian citizen, failed to pay the company $ 715.49 million, according to Winsome annual report for 2012-2013.
http://royalpearljewelry.blogspot.ca/
ED Zonal office ordered the arrest of movable and immovable property of the company in accordance with the provisions of the Law on Prevention of Money Laundering (PMLA).
Winsome has its registered office in the city of Surat in Gujarat, however, it is headquartered in Mumbai.
The company's problems began in January 2013, when 13 distributors in the UAE, controlled by a Jordanian citizen, failed to pay the company $ 715.49 million, according to Winsome annual report for 2012-2013.
http://royalpearljewelry.blogspot.ca/
The delegation of the Israeli Diamond Industry will once again become one of the largest at the upcoming JCK Las Vegas, and will consist of about 60 companies, reports the Israel Diamond Institute (Israel Diamond Institute, IDI). Fair will be held from 3 to 6 June 2016.
Inside Israel Diamond Pavilion will feature 34 exhibitor. This year, the pavilion has moved into the central zone of the diamond segment JCK. Station "Find your diamond" (Find Your Diamond) will be located in two separate locations: at the entrance to the exhibition and in the premises of the Israeli pavilion. These stations are very popular with visitors and allow to recognize the presence of goods of all Israeli exhibitors. This can also be done with mobile devices.
IDI Chairman Shmuel Schnitzer (Shmuel Schnitzer) said: "It's no secret that the diamond industry worldwide is going through difficult times, however, we are seeing signs of its recovery The good news is that the US market is in good condition.. and the demand for diamonds is growing that is why we are optimistic about the JCK Las Vegas this year, the United States is our largest market for diamonds, and we make every effort to keep our key position in this market ", -.. he said.
http://bridalpearlnecklace.blogspot.ca/
Inside Israel Diamond Pavilion will feature 34 exhibitor. This year, the pavilion has moved into the central zone of the diamond segment JCK. Station "Find your diamond" (Find Your Diamond) will be located in two separate locations: at the entrance to the exhibition and in the premises of the Israeli pavilion. These stations are very popular with visitors and allow to recognize the presence of goods of all Israeli exhibitors. This can also be done with mobile devices.
IDI Chairman Shmuel Schnitzer (Shmuel Schnitzer) said: "It's no secret that the diamond industry worldwide is going through difficult times, however, we are seeing signs of its recovery The good news is that the US market is in good condition.. and the demand for diamonds is growing that is why we are optimistic about the JCK Las Vegas this year, the United States is our largest market for diamonds, and we make every effort to keep our key position in this market ", -.. he said.
http://bridalpearlnecklace.blogspot.ca/
De Beers Group of Companies today announced that its auction sales division will hold views and exceptional diamonds of special sizes of the International Institute of diamond evaluation office (International Institute of Diamond Valuation, IIDV ) in New York.
This is the first case when the auction division of De Beers hold views in the United States, they will be held June 28-30, and the auction is scheduled for July 20. It is assumed that in the future it will be offered to view a wide range of products.
"We are pleased to initiate our exceptional views and special stones in New York - he said the executive vice president of auction sales Neil Ventura (Neil Ventura). - We are constantly looking for ways to increase the level of comfort and service that we can offer our customers, and this is an important step forward for both existing and potential clients based in the US. "
The sixth site De Beers will be held July 25-29.
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This is the first case when the auction division of De Beers hold views in the United States, they will be held June 28-30, and the auction is scheduled for July 20. It is assumed that in the future it will be offered to view a wide range of products.
"We are pleased to initiate our exceptional views and special stones in New York - he said the executive vice president of auction sales Neil Ventura (Neil Ventura). - We are constantly looking for ways to increase the level of comfort and service that we can offer our customers, and this is an important step forward for both existing and potential clients based in the US. "
The sixth site De Beers will be held July 25-29.
http://pearlsgift.blogspot.ca/
Dominion Diamond Corporation (DDC) provided an update on the progress of the feasibility study on the diamond deposits Jay (Jay), located in the zone of responsibility of SP Buffer Zone Joint Venture, in which the Company owns a majority stake.
DDC has decided to maintain continuous production at the Ekati diamond mine (Ekati), without having to start this year on capital construction project, Jay, and, as a consequence, properly adjust the timetable for the project.
Initial plans for a feasibility study on the Jay is planned to begin construction in the capital this year. However, changes at Ekati plans made possible a continuous supply of ore to the processing plant at the mine, which increased the possibility of optimizing Jay project.
The company is completing a feasibility study by Jay on the basis of the revised timetable for the development. The new schedule assumes that the construction of all-weather access route to the shoreline of Lake Lac du Sauvage will be implemented in 2017 calendar year. Then followed the construction of water retention dams and associated infrastructure in the period from 2018 to 2020, and in 2022 - will work to drainage and cleaning. Extraction of kimberlite with Jay is scheduled to begin by the end of 2022.
J represents the most significant undeveloped Ekati diamond mine. Jay is at lake Lac du Sauvage, about 1.2 km from the coastline and 30 km south-east of the main infrastructure of the Ekati mine.
http://traditionpearlnecklace.blogspot.ca/
DDC has decided to maintain continuous production at the Ekati diamond mine (Ekati), without having to start this year on capital construction project, Jay, and, as a consequence, properly adjust the timetable for the project.
Initial plans for a feasibility study on the Jay is planned to begin construction in the capital this year. However, changes at Ekati plans made possible a continuous supply of ore to the processing plant at the mine, which increased the possibility of optimizing Jay project.
The company is completing a feasibility study by Jay on the basis of the revised timetable for the development. The new schedule assumes that the construction of all-weather access route to the shoreline of Lake Lac du Sauvage will be implemented in 2017 calendar year. Then followed the construction of water retention dams and associated infrastructure in the period from 2018 to 2020, and in 2022 - will work to drainage and cleaning. Extraction of kimberlite with Jay is scheduled to begin by the end of 2022.
J represents the most significant undeveloped Ekati diamond mine. Jay is at lake Lac du Sauvage, about 1.2 km from the coastline and 30 km south-east of the main infrastructure of the Ekati mine.
http://traditionpearlnecklace.blogspot.ca/
Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) India as early as the 13th time in a row present at the JCK upcoming exhibition in Las Vegas Indian pavilion, which will be on display products of 50 leading exporters in the field of precious stones and jewelry. JCK exhibition will be held June 3-6, and just GJEPC pavilion in the diamond segment, the event will be located 81 stand reports GJEPC.
Indian manufacturers and retailers will be showcasing an array of exquisite gems and jewelry - including diamonds, colored gemstones, simple gold jewelry, as well as products created specially for the show visitors JCK.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "India is driven by animal spirits, passion and dynamism, creating a niche for itself in the global market volume growth of imports of gems and jewelry in the United States from India reflects the growing interest of retailers and consumers to Indian jewelry. . The US imports 23% of jewelery, produced in India. the JCK plays an important role in further improving trade relations with this country. "
From January to December 2015 the volume of export of jewelry from India totaled $ 38.44 billion, of which $ 8.7 billion (23% of the total) had neither the United States. Export of diamonds constituted during the period $ 6.38 billion, gold ornaments - $ 1.68 billion, and colored gemstones -. $ 82,730,000
The GJEPC this year organized the 4th week of the Indian rough diamond, but in the past - the Conference on Development of Indo -US business. Next week Indian diamonds is scheduled for August 16, 2016 in the Diamond Dealers Club of New York (Diamond Dealers Club of New York, DDC).
http://pearlgiftjewelry.blogspot.ca/
Indian manufacturers and retailers will be showcasing an array of exquisite gems and jewelry - including diamonds, colored gemstones, simple gold jewelry, as well as products created specially for the show visitors JCK.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "India is driven by animal spirits, passion and dynamism, creating a niche for itself in the global market volume growth of imports of gems and jewelry in the United States from India reflects the growing interest of retailers and consumers to Indian jewelry. . The US imports 23% of jewelery, produced in India. the JCK plays an important role in further improving trade relations with this country. "
From January to December 2015 the volume of export of jewelry from India totaled $ 38.44 billion, of which $ 8.7 billion (23% of the total) had neither the United States. Export of diamonds constituted during the period $ 6.38 billion, gold ornaments - $ 1.68 billion, and colored gemstones -. $ 82,730,000
The GJEPC this year organized the 4th week of the Indian rough diamond, but in the past - the Conference on Development of Indo -US business. Next week Indian diamonds is scheduled for August 16, 2016 in the Diamond Dealers Club of New York (Diamond Dealers Club of New York, DDC).
http://pearlgiftjewelry.blogspot.ca/
According to the latest US Census Bureau, which leads the Rapaport, sales of US jewelry stores rose by 3% in March and reached a $ 2.12 billion increase in sales of specialty stores was lower than in the jewelry industry as a whole:. For the same month of sales of jewelery products and watches in all trade channels increased by 4.2%, to $ 4.65 billion.
for the first quarter 2016 sales of specialized jewelry stores gained 1.4% to $ 6.53 billion. overall sales of jewelry and watches in the first quarter increased were up 4.9% to $ 15.47 billion, preliminary calculations show Rapaport News.
In April, the cumulative sales of the retail sector and the catering facilities in the United States rose by 3% year on year and amounted to $ 453.4 billion, the Census Bureau reported. This figure is adjusted for seasonal variations and differences in the number of weekends and holidays, but not adjusted for price changes.
http://royalpearljewelry.blogspot.ca/
for the first quarter 2016 sales of specialized jewelry stores gained 1.4% to $ 6.53 billion. overall sales of jewelry and watches in the first quarter increased were up 4.9% to $ 15.47 billion, preliminary calculations show Rapaport News.
In April, the cumulative sales of the retail sector and the catering facilities in the United States rose by 3% year on year and amounted to $ 453.4 billion, the Census Bureau reported. This figure is adjusted for seasonal variations and differences in the number of weekends and holidays, but not adjusted for price changes.
http://royalpearljewelry.blogspot.ca/
The Israel Diamond Exchange (Israel Diamond Exchange, IDE) has signed a memorandum of understanding with Sarine Technologies Inc. to improve transparency in the diamond trade. According to the memorandum, Sarine IDE inform members about all cases check inclusions in diamonds using the Galaxy line systems.
Galaxy system from Sarine - the only ones on the market that can be checked inclusions in diamonds. In many cases, these devices did not report that these studies were carried out.
IDE has decided to sign a contract with the Sarine at the request of several members of the exchange who aspire to greater transparency in the diamond trade.
IDE President Yoram u'Dvash (Yoram Dvash) said: "The Israeli Diamond Exchange aims to achieve maximum transparency for the benefit of members of the exchange and the entire diamond industry This is - one of the important steps in ensuring such transparency.".
Uzi Levami (Uzi Levami), executive director of the Sarine, said: "Sarine collects and stores information about all unmarked diamonds, scanned using the Galaxy system at the request of members of the exchange, we will provide the IDE information of its participants and owners We want to work with the IDE.. to improve the diamond trade process using our technology, which will enhance transparency for members of the Exchange. "
http://bridalpearlnecklace.blogspot.ca/
WFDB (World Federation of Diamond Bourses, WFDB ) announced the launch of the initiative "Young diamantaires" (Young Diamantaires Initiative), which was launched at the recent Dubai World Diamond Congress.
This program is the result of discussions organized to promote the WFDB Committee, whose task is to facilitate continuous communication between young members of the industry and interaction with members of a federation of 30 diamond exchanges.
"Since our organizational meeting in Dubai, we feel a great interest in the program - said the elected recently chairman of the committee to promote the WFDB president of the Australian Diamond Dealers Club Rami Baron (Rami Baron) -. This shows a great desire of the younger generation members of the diamond industry to strengthen cooperation and learn each other to promote our business in the future. "
President of the Israel Diamond Exchange Yoram u'Dvash (Yoram Dvash) agreed at an early stage to help in video conferencing. Later, the group is likely to turn to other forms of constant interaction, for example, using WhatsApp.
According to the president of the WFDB Ernie Blom (Ernie Blom), you need to think for a new generation of diamond dealers mechanisms to promote new ideas and develop new business and technology opportunities.
http://pearlsgift.blogspot.ca/
This program is the result of discussions organized to promote the WFDB Committee, whose task is to facilitate continuous communication between young members of the industry and interaction with members of a federation of 30 diamond exchanges.
"Since our organizational meeting in Dubai, we feel a great interest in the program - said the elected recently chairman of the committee to promote the WFDB president of the Australian Diamond Dealers Club Rami Baron (Rami Baron) -. This shows a great desire of the younger generation members of the diamond industry to strengthen cooperation and learn each other to promote our business in the future. "
President of the Israel Diamond Exchange Yoram u'Dvash (Yoram Dvash) agreed at an early stage to help in video conferencing. Later, the group is likely to turn to other forms of constant interaction, for example, using WhatsApp.
According to the president of the WFDB Ernie Blom (Ernie Blom), you need to think for a new generation of diamond dealers mechanisms to promote new ideas and develop new business and technology opportunities.
http://pearlsgift.blogspot.ca/
Antwerp Diamond Bourse and the Antwerp World Diamond Center Center (Antwerp World Diamond Centre, AWDC) announced that the next, eighth Antverpenskoy diamond Fair (Antwerp Diamond Trade Fair, ADTF) will be held from 29 to 31 January 2017.
ADTF enjoys broad industry support and is a key event for international buyers, mainly representing the jewelry industry and trade.
http://traditionpearlnecklace.blogspot.ca/
ADTF enjoys broad industry support and is a key event for international buyers, mainly representing the jewelry industry and trade.
http://traditionpearlnecklace.blogspot.ca/
Trans Hex, which owns diamond mines in South Africa and Angola, is expected to report a loss of $ 6.4 million for the 12 months to March 31, 2016 against a profit of $ 12.1 million a year earlier.
It is expected that the company will release the results of its operations in the near future.
Trans Hex also expects losses before tax payment of $ 8 million from continuing operations, against a profit of $ 10.7 million a year earlier.
According to the company, the price of diamonds mined it fell by 23.5% in the reporting period compared to the same period last year, while the sales performance has improved due to the weakening of the South African rand against the US dollar.
As noted in Trans Hex, revenue in the last fiscal year was $ 42.8 million.
Profit after tax from the closing of operations was $ 1.5 million versus $ 1.4 million a year earlier.
http://pearlgiftjewelry.blogspot.ca/
It is expected that the company will release the results of its operations in the near future.
Trans Hex also expects losses before tax payment of $ 8 million from continuing operations, against a profit of $ 10.7 million a year earlier.
According to the company, the price of diamonds mined it fell by 23.5% in the reporting period compared to the same period last year, while the sales performance has improved due to the weakening of the South African rand against the US dollar.
As noted in Trans Hex, revenue in the last fiscal year was $ 42.8 million.
Profit after tax from the closing of operations was $ 1.5 million versus $ 1.4 million a year earlier.
http://pearlgiftjewelry.blogspot.ca/
"ALROSA" is in talks to increase the share of direct sales of rough diamonds with customers from Southeast Asia, he told reporters Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District Yuri Trutnev.
According to him, during a recent trip to Hong Kong this opportunity to discuss with customers ALROSA President Andrew Zharkov. "He asked if they are interested to buy is not a curve through Europe, and directly. The more direct relationship, the greater the transparency, the better, "- said Deputy Prime Minister.
Now ALROSA sells in China for about 5% of production. Long-term client of the Russian diamond miner is the largest jewelery retailer Chow Tai Fook, in the spot commodity trading Alrosa gets Luk Fook.
"We produce diamonds in Yakutia land sell them through Antwerp, and then they go to the countries of Southeast Asia. Such a strange knight's move. It is clear that, when the chain is so long, and when prices are determined by the mediator, always in doubt, as far as transparency and the proper system. So now we start working on the creation of an electronic platform. She will give indicators sale prices directly "
http://royalpearljewelry.blogspot.ca/
According to him, during a recent trip to Hong Kong this opportunity to discuss with customers ALROSA President Andrew Zharkov. "He asked if they are interested to buy is not a curve through Europe, and directly. The more direct relationship, the greater the transparency, the better, "- said Deputy Prime Minister.
Now ALROSA sells in China for about 5% of production. Long-term client of the Russian diamond miner is the largest jewelery retailer Chow Tai Fook, in the spot commodity trading Alrosa gets Luk Fook.
"We produce diamonds in Yakutia land sell them through Antwerp, and then they go to the countries of Southeast Asia. Such a strange knight's move. It is clear that, when the chain is so long, and when prices are determined by the mediator, always in doubt, as far as transparency and the proper system. So now we start working on the creation of an electronic platform. She will give indicators sale prices directly "
http://royalpearljewelry.blogspot.ca/
Sarine Technologies Ltd has announced that the Shining House, one of the leading jewelry retailers in Shanghai, China, has launched a new kind of premium octagonal-cut diamonds "Shining Star" (Shining Star) using Sarine Light Performance and Profile systems. These systems are designed to provide a whole new level of customer service quality in both physical and online stores.
Each diamond-cut Shining Star sold to the report of the International Gemological Institute (International Gemology Institute, IGI) and the certificate of Light Performance by Sarine, which allows you to get a deep visual experience the beauty of stone and to understand how it interacts with light.
Application Sarine technologies now Shining House demonstrates the growing success of the Profile User Sarine in the Asian market. This system is increasingly becoming the choice of retailers in the segment of diamond jewelry in Asia thanks to its use of the latest technology Sarine on the measurement, analysis and display of diamonds.
Uzi Levami, CEO Sarine, said: "The world's best Sarine products for analysis and display of diamonds and services offered by our company, are ideal for the new premium line Shining Star Our systems transmit a unique beauty and quality of the diamond, its play of light.. this can only our development. "
Winnie Chen (Winny Chen), chairman of the Shining House Board of Directors, added: "Shining House pleased to introduce a system of Light Performance and Profile of Sarine in the quality of our marketing strategy for the Shining Star lineup Due to its excellent cut and play of light diamonds Shining Star show the beauty and quality. , which is famous for our company. Sarine Technology can identify and certify the beauty and quality of our diamonds, at the same time creating an entirely new and memorable customer experience. "
http://bridalpearlnecklace.blogspot.ca/
Each diamond-cut Shining Star sold to the report of the International Gemological Institute (International Gemology Institute, IGI) and the certificate of Light Performance by Sarine, which allows you to get a deep visual experience the beauty of stone and to understand how it interacts with light.
Application Sarine technologies now Shining House demonstrates the growing success of the Profile User Sarine in the Asian market. This system is increasingly becoming the choice of retailers in the segment of diamond jewelry in Asia thanks to its use of the latest technology Sarine on the measurement, analysis and display of diamonds.
Uzi Levami, CEO Sarine, said: "The world's best Sarine products for analysis and display of diamonds and services offered by our company, are ideal for the new premium line Shining Star Our systems transmit a unique beauty and quality of the diamond, its play of light.. this can only our development. "
Winnie Chen (Winny Chen), chairman of the Shining House Board of Directors, added: "Shining House pleased to introduce a system of Light Performance and Profile of Sarine in the quality of our marketing strategy for the Shining Star lineup Due to its excellent cut and play of light diamonds Shining Star show the beauty and quality. , which is famous for our company. Sarine Technology can identify and certify the beauty and quality of our diamonds, at the same time creating an entirely new and memorable customer experience. "
http://bridalpearlnecklace.blogspot.ca/
Board of Directors of the Exchange Antwerpsche Diamantkring announced a June 21-22 days of trade in rough diamonds.
This trade event of the formula of "business to business", organized on the trading floor Antwerpsche Diamantkring, provides dealers the World Federation of Diamond Bourses (WFDB) the opportunity to trade in rough diamonds and interact with each other during this unique two-day event.
Previous sessions of "diamond" days in Antwerp have been very successful for exhibitors and buyers.
http://pearlsgift.blogspot.ca/
This trade event of the formula of "business to business", organized on the trading floor Antwerpsche Diamantkring, provides dealers the World Federation of Diamond Bourses (WFDB) the opportunity to trade in rough diamonds and interact with each other during this unique two-day event.
Previous sessions of "diamond" days in Antwerp have been very successful for exhibitors and buyers.
http://pearlsgift.blogspot.ca/
Pangolin Diamonds reported that a number of anomalies identified using aeromagnetic survey on the project Motlutse (Motloutse) in Botswana, were selected for further soil sampling, geomagnetic and gravimetric studies of kimberlites.
In a statement the company said that this exploration program is already nearing completion.
"Trust kimberlite AGA-01 has been confirmed and is associated with the gravity anomaly corresponding to the positive results of kimberlite indicator mineral" - say in the Pangolin.
"Grenade Indicator kimberlites without sharp corners and embossed surfaces indicate proximity to kimberlites samples were obtained from soil samples collected over the anomaly directly AGA-01." - added to the company.
As gravimetric studies, and sampling at AGA-01 continued to cover a large area.
The Pangolin reported that an additional gravimetric studies of new kimberlite targets that are expected to be completed by mid-June.
Once the gravity survey results will be analyzed and will hammer drill drill program. It is expected to be completed by the end of July.
http://traditionpearlnecklace.blogspot.ca/
In a statement the company said that this exploration program is already nearing completion.
"Trust kimberlite AGA-01 has been confirmed and is associated with the gravity anomaly corresponding to the positive results of kimberlite indicator mineral" - say in the Pangolin.
"Grenade Indicator kimberlites without sharp corners and embossed surfaces indicate proximity to kimberlites samples were obtained from soil samples collected over the anomaly directly AGA-01." - added to the company.
As gravimetric studies, and sampling at AGA-01 continued to cover a large area.
The Pangolin reported that an additional gravimetric studies of new kimberlite targets that are expected to be completed by mid-June.
Once the gravity survey results will be analyzed and will hammer drill drill program. It is expected to be completed by the end of July.
http://traditionpearlnecklace.blogspot.ca/
TransHex company announced that in the fiscal year that ended March 31, 2016, at the mine Somiluana (Somiluana) in Angola were mined 99,572 carats against 94,483 carats a year earlier. This was achieved thanks to the 14.2 percent increase in the average content of the diamond in the rock, but the result has worsened due to falling volumes of processing rock by 7.7%.
The sale of diamonds from the mine in Angola fell to $ 34.2 million, while the average price per carat of $ 351. In the previous year, these figures were respectively $ 43.9 million and US $ 458 per carat.
Loss from continuing operations of the company in Angola amounted to $ 2.4 million against a profit of $ 0.16 million a year earlier.
However, the operations profit from ended Luarika (Luarica) and Fukauma (Fucaúma) reached $ 1.6 million per reporting period, versus $ 1.4 million a year earlier.
In TransHex noted that production in Angola on the east bank of the Luana River will continue, while the exploration will be carried out on the new locations of interest to the company.
"We continue to seek additional funding to increase production volumes (diamonds)," - noted in the company.
"Mining and exploration, consisting in drilling and bulk sampling study, suggests that 2017 fiscal year diamond production will exceed 99 500 carats, which managed to obtain in 2016 financial year", - added to the TransHex.
However, the South African mining TransHex fallen to 21.5%, to 48,435 carats against 61,688 carats last year due to the fact that the processing of gravel decreased by 13.4%, and the content of diamond in the rock decreased by 5, 4%, up to 1.22 carats per 100 cubic meters for operations in the lower region of the Orange river (lower Orange river)
revenue fell by 28.6% in South Africa and the South African rand was 671.4 million rand ($ 44.4 million) in 2016 financial year against 939.7 million rand ($ 62.2 million) in 2015 fiscal year.
http://pearlgiftjewelry.blogspot.ca/
The sale of diamonds from the mine in Angola fell to $ 34.2 million, while the average price per carat of $ 351. In the previous year, these figures were respectively $ 43.9 million and US $ 458 per carat.
Loss from continuing operations of the company in Angola amounted to $ 2.4 million against a profit of $ 0.16 million a year earlier.
However, the operations profit from ended Luarika (Luarica) and Fukauma (Fucaúma) reached $ 1.6 million per reporting period, versus $ 1.4 million a year earlier.
In TransHex noted that production in Angola on the east bank of the Luana River will continue, while the exploration will be carried out on the new locations of interest to the company.
"We continue to seek additional funding to increase production volumes (diamonds)," - noted in the company.
"Mining and exploration, consisting in drilling and bulk sampling study, suggests that 2017 fiscal year diamond production will exceed 99 500 carats, which managed to obtain in 2016 financial year", - added to the TransHex.
However, the South African mining TransHex fallen to 21.5%, to 48,435 carats against 61,688 carats last year due to the fact that the processing of gravel decreased by 13.4%, and the content of diamond in the rock decreased by 5, 4%, up to 1.22 carats per 100 cubic meters for operations in the lower region of the Orange river (lower Orange river)
revenue fell by 28.6% in South Africa and the South African rand was 671.4 million rand ($ 44.4 million) in 2016 financial year against 939.7 million rand ($ 62.2 million) in 2015 fiscal year.
http://pearlgiftjewelry.blogspot.ca/
Rockwell Diamonds Revenue fell 39%, to 10.4 million Canadian dollars in the fourth quarter of fiscal year 2016 against 17.1 million Canadian dollars a year earlier.
The fall was due to the fact that the products with the diamond mines Tirizano (Tirisano) in South Africa was excluded from the performance of the company in connection with the sale of the project. Moreover, the cost of diamonds with Saksendrift (Saxendrift) has fallen due to the close end of the life cycle of the mine.
"This quarter, closing the year that Rockwell has changed its basic setting, reducing costs by selling non-core asset Tirizano, completing the process of closing NJK, bringing Saksendrift the end of the life cycle, as well as having received two new ready-made mines and one under construction," - said General Director Rockwell Dzheyms Kempbell (James Campbell).
"As a result of the closure of NJK, falling indices Saksendrift and due to lower productivity production at RHC, our working capital is affected. Due to a more favorable mechanism for debt repayment when buying RHC our liquidity will improve, which will allow us to invest in exploration and development projects in the coming months ", - he added.
Campbell also said that the construction of the mine Vouterspen (Wouterspan) and additional screening equipment RHC will allow the company to improve its own production capacity and to remove all remaining shortcomings and difficulties.
"Although we have not yet managed to achieve the strategic goal of processing 500,000 cubic meters of rock per month on our operations in Central River region of Orange in South Africa, before the end of 2017 fiscal year, we will probably be able to process 350,000 cubic meters of rock per month", - he believes Campbell.
At the same time, the head of Rockwell said that the diamond market is beginning to show signs of recovery through a combination of restructuring in the middle segment and a limited supply.
http://royalpearljewelry.blogspot.ca/
The fall was due to the fact that the products with the diamond mines Tirizano (Tirisano) in South Africa was excluded from the performance of the company in connection with the sale of the project. Moreover, the cost of diamonds with Saksendrift (Saxendrift) has fallen due to the close end of the life cycle of the mine.
"This quarter, closing the year that Rockwell has changed its basic setting, reducing costs by selling non-core asset Tirizano, completing the process of closing NJK, bringing Saksendrift the end of the life cycle, as well as having received two new ready-made mines and one under construction," - said General Director Rockwell Dzheyms Kempbell (James Campbell).
"As a result of the closure of NJK, falling indices Saksendrift and due to lower productivity production at RHC, our working capital is affected. Due to a more favorable mechanism for debt repayment when buying RHC our liquidity will improve, which will allow us to invest in exploration and development projects in the coming months ", - he added.
Campbell also said that the construction of the mine Vouterspen (Wouterspan) and additional screening equipment RHC will allow the company to improve its own production capacity and to remove all remaining shortcomings and difficulties.
"Although we have not yet managed to achieve the strategic goal of processing 500,000 cubic meters of rock per month on our operations in Central River region of Orange in South Africa, before the end of 2017 fiscal year, we will probably be able to process 350,000 cubic meters of rock per month", - he believes Campbell.
At the same time, the head of Rockwell said that the diamond market is beginning to show signs of recovery through a combination of restructuring in the middle segment and a limited supply.
http://royalpearljewelry.blogspot.ca/
Diamond Manufacturers Association (Diamond Producers Association, DPA) and the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) of India signed a memorandum of understanding at the JCK Show in Las Vegas. The contract is aimed at increasing demand for polished diamonds in the world and improving the image of the diamond industry, they say in the DPA.
DPA JCK exhibition unveiled its new marketing platform "Genuine - rarely" (Real is Rare). The memorandum was signed by the chairman of DPA Stiven Luse (Stephen Lussier) and Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya). Chairman of the Organization pledged to assist in strengthening the fundamentals of the diamond industry and encourage consumer demand for diamonds.
GJEPC agreed to invest in the marketing strategy of DPA 2016 and work hand in hand with the DPA leadership to study the long-term opportunities for cooperation.
DPA and GJEPC agreed to hold quarterly meetings to discuss the challenges and opportunities facing the diamond industry, the marketing progress and exchange views on the industry.
Loussier said: "The close cooperation between leading companies mining diamonds and Indian diamond sector is essential to achieve the industry's full potential I thank GJEPC and its chairman Pravinshankara Pandya for the leading role in this respect, we look forward to a strong partnership between our two organizations.. ".
Pandya said: "The resumption of marketing programs for diamonds as a product category is of vital importance for the future of our industry, I am grateful to DPA and its chairman Stephen Loussier for this important initiative in the past few years GJEPC working with various stakeholders to develop consensus and creating.. marketing initiatives for the diamond industry. Therefore, we are very interested in close connection with these initiatives, the DPA, which we can together build a strong industrial Nost, providing a much needed boost demand for diamonds as a category of products. I am sure that the vast experience of Stephen Loussier and Jean-Marc Lieberherr (Jean-Marc Lieberherr), Director General of the DPA, will help us achieve success in our endeavors. "
http://bridalpearlnecklace.blogspot.ca/
DPA JCK exhibition unveiled its new marketing platform "Genuine - rarely" (Real is Rare). The memorandum was signed by the chairman of DPA Stiven Luse (Stephen Lussier) and Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya). Chairman of the Organization pledged to assist in strengthening the fundamentals of the diamond industry and encourage consumer demand for diamonds.
GJEPC agreed to invest in the marketing strategy of DPA 2016 and work hand in hand with the DPA leadership to study the long-term opportunities for cooperation.
DPA and GJEPC agreed to hold quarterly meetings to discuss the challenges and opportunities facing the diamond industry, the marketing progress and exchange views on the industry.
Loussier said: "The close cooperation between leading companies mining diamonds and Indian diamond sector is essential to achieve the industry's full potential I thank GJEPC and its chairman Pravinshankara Pandya for the leading role in this respect, we look forward to a strong partnership between our two organizations.. ".
Pandya said: "The resumption of marketing programs for diamonds as a product category is of vital importance for the future of our industry, I am grateful to DPA and its chairman Stephen Loussier for this important initiative in the past few years GJEPC working with various stakeholders to develop consensus and creating.. marketing initiatives for the diamond industry. Therefore, we are very interested in close connection with these initiatives, the DPA, which we can together build a strong industrial Nost, providing a much needed boost demand for diamonds as a category of products. I am sure that the vast experience of Stephen Loussier and Jean-Marc Lieberherr (Jean-Marc Lieberherr), Director General of the DPA, will help us achieve success in our endeavors. "
http://bridalpearlnecklace.blogspot.ca/
Diamond Manufacturers Association (Diamond Producers Association, DPA) has introduced a new marketing platform promotion of diamonds on the market during a special presentation for the members of the jewelry industry in the JCK Show in Las Vegas last Friday. DPA A team led by CEO Jean-Marc Lieberherr (Jean-Marc Lieberherr) outlined plans to hold the first in the past five-plus years of specific marketing campaigns and the very first carried out by DPA.
The new platform, called "Authentic - rare» ( "Real is Rare") is the result of six months of development, including in-depth research of the target audience - consumers of the two thousandth's. The platform was the result of a thorough work aimed at understanding the customers, who were born in the two thousandth years, and found that, although the diamonds really attracted to this generation, their relevance and emotional interaction can be improved by using new concepts. Spent DPA study shows that "dvuhtysyachnika" tend to be long and strong relationships with other people, but they have to make an effort to achieve this - or feel that the relationship is really authentic - in an ever changing world, in a seemingly limitless choice and a surface interactions. The idea consists in the fact that diamonds have the necessary weight and strength mark a real mix of people, find in this generation a deep chord. For many born in the two thousandth years, diamonds have become associated with traditional rituals, which play a role "bling" and a symbol of social status. For diamonds as it is possible to represent a rare, precious and real connections that are so looking for people from the two thousandth generation. The slogan "Genuine - rarely" redefines the role of diamonds in the 21st century, giving it a new meaning as a symbol, embodies the real connections that we have decided to establish.
In the online survey, conducted by research firm 360MarketReach on the basis of a nationwide representative sample of the United States born in the two thousandth years, nine out of ten said that, in their opinion, this idea is unique. Two-thirds also think the idea "appealing" and "related to him."
As industry leaders DPA members believe that the "generational" approach may be the beginning of a dialogue with current and future consumers of diamonds. Continuous investment in the concept and development of the company "Genuine - rarely. Genuine - a diamond "will grow, and it will support the generation of the two thousandth as consumers of diamonds for many years.
«DPA works with an advertising agency partner Mother New York, to develop a creative component to the campaign, which will begin in September 2016. The work plan with the media is still being finalized, but will focus on digital and social media channels, which are intended for our audience and reach it where it already enjoys mass media ", - said in a statement DPA.
Stiven Luse (Stephen Lussier), Chairman of DPA, said: "This is - an important milestone for the diamond industry. The fact that DPA members have come together to start this campaign will create a new cultural movement around the diamonds, which we believe will benefit the entire industry. "
For his part, Jean-Marc Lieberherr said: "We are very pleased to introduce our new generic marketing platform that will not only resonate with the two thousandth generation, but also breathe new energy into diamonds as the type of goods all over the world. We look forward to the completion and launch of the campaign in the fall and will continue to develop this platform in 2017 and beyond. "
http://pearlsgift.blogspot.ca/
The new platform, called "Authentic - rare» ( "Real is Rare") is the result of six months of development, including in-depth research of the target audience - consumers of the two thousandth's. The platform was the result of a thorough work aimed at understanding the customers, who were born in the two thousandth years, and found that, although the diamonds really attracted to this generation, their relevance and emotional interaction can be improved by using new concepts. Spent DPA study shows that "dvuhtysyachnika" tend to be long and strong relationships with other people, but they have to make an effort to achieve this - or feel that the relationship is really authentic - in an ever changing world, in a seemingly limitless choice and a surface interactions. The idea consists in the fact that diamonds have the necessary weight and strength mark a real mix of people, find in this generation a deep chord. For many born in the two thousandth years, diamonds have become associated with traditional rituals, which play a role "bling" and a symbol of social status. For diamonds as it is possible to represent a rare, precious and real connections that are so looking for people from the two thousandth generation. The slogan "Genuine - rarely" redefines the role of diamonds in the 21st century, giving it a new meaning as a symbol, embodies the real connections that we have decided to establish.
In the online survey, conducted by research firm 360MarketReach on the basis of a nationwide representative sample of the United States born in the two thousandth years, nine out of ten said that, in their opinion, this idea is unique. Two-thirds also think the idea "appealing" and "related to him."
As industry leaders DPA members believe that the "generational" approach may be the beginning of a dialogue with current and future consumers of diamonds. Continuous investment in the concept and development of the company "Genuine - rarely. Genuine - a diamond "will grow, and it will support the generation of the two thousandth as consumers of diamonds for many years.
«DPA works with an advertising agency partner Mother New York, to develop a creative component to the campaign, which will begin in September 2016. The work plan with the media is still being finalized, but will focus on digital and social media channels, which are intended for our audience and reach it where it already enjoys mass media ", - said in a statement DPA.
Stiven Luse (Stephen Lussier), Chairman of DPA, said: "This is - an important milestone for the diamond industry. The fact that DPA members have come together to start this campaign will create a new cultural movement around the diamonds, which we believe will benefit the entire industry. "
For his part, Jean-Marc Lieberherr said: "We are very pleased to introduce our new generic marketing platform that will not only resonate with the two thousandth generation, but also breathe new energy into diamonds as the type of goods all over the world. We look forward to the completion and launch of the campaign in the fall and will continue to develop this platform in 2017 and beyond. "
http://pearlsgift.blogspot.ca/
Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond production, will send to the summer vacation days over 2500 employees' children on holiday resorts in Russia.
The first special flight Mirny Gelendzhik already delivered the first shift of young northerners on the Black Sea coast of Krasnodar region. Two hundred children will spend 21 days in the children's camp of sanatorium type "Niva". Health resort for the second year takes children.
"When choosing a camp for children of social management specialists and the company union is a serious work has been done. In the first place there was increased attention to safety, comfort, and live a balanced diet of children ", - says Tatyana Volk, a leading specialist of the Department of Social and Regional Development" ALROSA ".
Each year, the organization of children's leisure "ALROSA" directs more than 200 million rubles. Air services for the transport of children, and support for the resort company carries out its own expense. More than two thousand children of workers of "ALROSA" will spend their summer holidays in children's camps Mirny area.
http://traditionpearlnecklace.blogspot.ca/
The first special flight Mirny Gelendzhik already delivered the first shift of young northerners on the Black Sea coast of Krasnodar region. Two hundred children will spend 21 days in the children's camp of sanatorium type "Niva". Health resort for the second year takes children.
"When choosing a camp for children of social management specialists and the company union is a serious work has been done. In the first place there was increased attention to safety, comfort, and live a balanced diet of children ", - says Tatyana Volk, a leading specialist of the Department of Social and Regional Development" ALROSA ".
Each year, the organization of children's leisure "ALROSA" directs more than 200 million rubles. Air services for the transport of children, and support for the resort company carries out its own expense. More than two thousand children of workers of "ALROSA" will spend their summer holidays in children's camps Mirny area.
http://traditionpearlnecklace.blogspot.ca/
The program of the Israel Diamond Exchange (Israel Diamond Exchange, IDE), launched June 1, 2016, in collaboration with Panford (Israel) Ltd., will offer a special distribution of the diamonds for young diamanters.
The ceremony was attended IDE President Yoram u'Dvash (Yoram Dvash) and vice president of IDE Yetskel Bloom (Yehezkel Blum). A group of young diamanters received an envelope containing about 40 diamonds with an average weight of 3.27 carats, with the condition that all the diamonds of the diamond have to be made in Israel. As a special gesture Panford granted a 70-day credit for the initial development.
The total lot size of two commercial boxes of diamonds with De Beers mines was $ 2.25 million.
U'Dvash said: "Today we are implementing the initiative, of which we have dreamed for a long time, we came to an agreement with Panford to provide suitable diamonds at good prices. but before the full start of the program, we had to wait for stabilization of prices for rough diamonds. "
CEO of Shyam Panford Doody (Dudi Shiama) said: "When Yoram u'Dvash proposed this initiative, we readily agreed We are trying to build capabilities that will create optimal conditions for new cutters.".
Thanking Panford Doody and Shyam for the opportunity to implement the project, u'Dvash added: "We are striving to make this initiative a regular supply of rough new cutters is one of the ways we are increasing production of diamonds in Israel.".
http://pearlgiftjewelry.blogspot.ca/
The ceremony was attended IDE President Yoram u'Dvash (Yoram Dvash) and vice president of IDE Yetskel Bloom (Yehezkel Blum). A group of young diamanters received an envelope containing about 40 diamonds with an average weight of 3.27 carats, with the condition that all the diamonds of the diamond have to be made in Israel. As a special gesture Panford granted a 70-day credit for the initial development.
The total lot size of two commercial boxes of diamonds with De Beers mines was $ 2.25 million.
U'Dvash said: "Today we are implementing the initiative, of which we have dreamed for a long time, we came to an agreement with Panford to provide suitable diamonds at good prices. but before the full start of the program, we had to wait for stabilization of prices for rough diamonds. "
CEO of Shyam Panford Doody (Dudi Shiama) said: "When Yoram u'Dvash proposed this initiative, we readily agreed We are trying to build capabilities that will create optimal conditions for new cutters.".
Thanking Panford Doody and Shyam for the opportunity to implement the project, u'Dvash added: "We are striving to make this initiative a regular supply of rough new cutters is one of the ways we are increasing production of diamonds in Israel.".
http://pearlgiftjewelry.blogspot.ca/
The Venezuelan government announced that he would sign a new contract for technical support from the diamond company of Angola to resume trade in diamonds, which will become possible again after the approval of the Kimberley Process (KP).
Meanwhile, all the details of the agreement are not yet clear, however, Prensa Latina quoted head of the Central Bank Venesuely Hose Salamat Khan (José Salamat Khan), who noted that he visited Angola and met with Carlos sumbul (Carlos Sumbula), the head of the Angolan diamond state company Endiama . The theme of the meeting was to consolidate the joint efforts of the two countries, especially in the field of controlling the supply of minerals.
Endiama has helped Venezuela to organize the effective and well-organized mining prospectors of diamonds.
Venezuela this year, plans to return to the KP.
Khan said that Angola and South Africa helped his country to obtain the approval of the international organization.
He also added that diamonds are important for the Venezuelan economy, since it is necessary to diversify due to falling oil revenues.
http://royalpearljewelry.blogspot.ca/
Meanwhile, all the details of the agreement are not yet clear, however, Prensa Latina quoted head of the Central Bank Venesuely Hose Salamat Khan (José Salamat Khan), who noted that he visited Angola and met with Carlos sumbul (Carlos Sumbula), the head of the Angolan diamond state company Endiama . The theme of the meeting was to consolidate the joint efforts of the two countries, especially in the field of controlling the supply of minerals.
Endiama has helped Venezuela to organize the effective and well-organized mining prospectors of diamonds.
Venezuela this year, plans to return to the KP.
Khan said that Angola and South Africa helped his country to obtain the approval of the international organization.
He also added that diamonds are important for the Venezuelan economy, since it is necessary to diversify due to falling oil revenues.
http://royalpearljewelry.blogspot.ca/
The corporation Dominion Diamond Corporation has postponed the project development Jay (Jay) for about two years, which is expected to increase by 10 years the life of its Ekati mine (Ekati) in Canada.
Extraction and processing of kimberlite project-Jay on the Northwest Territories does not begin until the end of 2022, while originally planned to start this until 2020.
According to Dominion, Jay - the most significant undeveloped kimberlite at Ekati mine, potentially able to extend the life of the mine until at least 2030, despite the fact that the project was supposed to shut it down in 2020.
Dominion revised schedule, as defined, that could maintain a continuous supply of ore from the existing mine Ekati longer than expected, that would give her more time to work on the development of Jay project.
The original schedule, released along with the results of the preliminary feasibility study in January 2015, is expected to begin construction in the second half of 2016. "Drainage" area, isolated by a moat, and its "pre-clearance" should begin in 2019, and the mining and processing of kimberlite - in 2020.
Under the new plan, all-weather access road will be built in 2017, after which will be carried out works on water retention and related infrastructure in 2018-2020. "Engaging the water retention system, drainage and the beginning of pre-clearing" areas will take place in 2021, and the extraction and processing of kimberlite project with Jay will start in late 2022, it said in a statement Dominion.
In September 2015 the company announced a one-year postponement of the start of processing of ore from the project Sable (Sable) - another undeveloped deposits Ekati mine, which has the potential synergies with Jay project.
http://bridalpearlnecklace.blogspot.ca/
Extraction and processing of kimberlite project-Jay on the Northwest Territories does not begin until the end of 2022, while originally planned to start this until 2020.
According to Dominion, Jay - the most significant undeveloped kimberlite at Ekati mine, potentially able to extend the life of the mine until at least 2030, despite the fact that the project was supposed to shut it down in 2020.
Dominion revised schedule, as defined, that could maintain a continuous supply of ore from the existing mine Ekati longer than expected, that would give her more time to work on the development of Jay project.
The original schedule, released along with the results of the preliminary feasibility study in January 2015, is expected to begin construction in the second half of 2016. "Drainage" area, isolated by a moat, and its "pre-clearance" should begin in 2019, and the mining and processing of kimberlite - in 2020.
Under the new plan, all-weather access road will be built in 2017, after which will be carried out works on water retention and related infrastructure in 2018-2020. "Engaging the water retention system, drainage and the beginning of pre-clearing" areas will take place in 2021, and the extraction and processing of kimberlite project with Jay will start in late 2022, it said in a statement Dominion.
In September 2015 the company announced a one-year postponement of the start of processing of ore from the project Sable (Sable) - another undeveloped deposits Ekati mine, which has the potential synergies with Jay project.
http://bridalpearlnecklace.blogspot.ca/
Rio Tinto will soon focus its marketing initiatives and sales of diamond jewelry on the monitored with a transparent supply chain - from mine to market. Also within the JCK Show in Las Vegas, Rio Tinto Diamonds has demonstrated a new series of marketing materials and branded lines, the statement said the mining company.
Simon Trott (Simon Trott), managing director of Rio Tinto Diamonds, said: "More and more the value of a diamond depends on where and how they are produced, how they are bounding the and come to the store shelves It is a reasonable expectation that alter the diamond industry for the better." .
At the show in Las Vegas, Rio Tinto Diamonds launch a collection 2016-2017, the "Diamonds with history" (Diamonds with a Story), developed by the six American designers - Peydzh Novik (Paige Novick), Wang Xiao (Xiao Wang), Dzhennifer Dous (Jennifer Dawes), Metyu Kempbellom laurencia (Matthew Campbell Laurenza), Suzanne Calan (Suzanne Kalan) and Sandy Leong (Sandy Leong). These collections, in which the Australian diamonds with proof of origin have been used, have been created according to the latest consumer trends. They will be available to retailers through partner-producers Rio Tinto.
http://pearlsgift.blogspot.ca/
Simon Trott (Simon Trott), managing director of Rio Tinto Diamonds, said: "More and more the value of a diamond depends on where and how they are produced, how they are bounding the and come to the store shelves It is a reasonable expectation that alter the diamond industry for the better." .
At the show in Las Vegas, Rio Tinto Diamonds launch a collection 2016-2017, the "Diamonds with history" (Diamonds with a Story), developed by the six American designers - Peydzh Novik (Paige Novick), Wang Xiao (Xiao Wang), Dzhennifer Dous (Jennifer Dawes), Metyu Kempbellom laurencia (Matthew Campbell Laurenza), Suzanne Calan (Suzanne Kalan) and Sandy Leong (Sandy Leong). These collections, in which the Australian diamonds with proof of origin have been used, have been created according to the latest consumer trends. They will be available to retailers through partner-producers Rio Tinto.
http://pearlsgift.blogspot.ca/
Diamcor Mining reported that in the current fiscal quarter, which ended June 30, it sold 7,821.13 carats of diamonds from the site Krohn-Endora (Krone-Endora) Venice Project (Venetia) in South Africa, while receiving $ 952,000, or $ 121 67 per carat.
In a statement, the company reported that in April, at the tender has been received $ 387,000 from the sale of 3031.95 carats, while in May the company was able to sell 4789.19 carats for $ 565 000.
In Diamcor also said that the party of 646, 56 carats, of which 148.29 carat stones are of higher quality, has been withdrawn from the tender in May and will be sold at a separate auction this month.
Furthermore, additional 4,969 carats of diamonds from the project is also going under the hammer at the June auction. Thus, the total amount of its volume of 5615 carats.
As noted in Diamcor, the total volume of rough diamonds sold on tenders in the current quarter could reach 13 436.21 carats.
"Prices per carat of diamonds that have been made so far during the reporting period, in line with expectations of the company and reflect the decline in prices of certain categories of diamonds", - concluded the Diamcor.
http://traditionpearlnecklace.blogspot.ca/
In a statement, the company reported that in April, at the tender has been received $ 387,000 from the sale of 3031.95 carats, while in May the company was able to sell 4789.19 carats for $ 565 000.
In Diamcor also said that the party of 646, 56 carats, of which 148.29 carat stones are of higher quality, has been withdrawn from the tender in May and will be sold at a separate auction this month.
Furthermore, additional 4,969 carats of diamonds from the project is also going under the hammer at the June auction. Thus, the total amount of its volume of 5615 carats.
As noted in Diamcor, the total volume of rough diamonds sold on tenders in the current quarter could reach 13 436.21 carats.
"Prices per carat of diamonds that have been made so far during the reporting period, in line with expectations of the company and reflect the decline in prices of certain categories of diamonds", - concluded the Diamcor.
http://traditionpearlnecklace.blogspot.ca/
The first "industrial park" in the gold industry has been recently opened in the city district of Jinzhong in Shanxi Province, China. It aims to develop the growing market of jewelry province sxrb.com portal reported.
New Industrial Park was launched on 26 May. The park, called "Jewelry and cultural park of Shanxi", carried out development and production, wholesale and retail sales, trading and exhibition of gold jewelry. Park also takes tourists.
New jewelry Park, is expected to process 10 tons of gold, 3 tons of silver and produce handicrafts worth about $ 7.59 million per year. Also, as expected, the sales tax from the park will annually be about $ 318 million.
In the Chinese province of Shanxi consumed a significant portion of the jewelry in China.
http://pearlgiftjewelry.blogspot.ca/
New Industrial Park was launched on 26 May. The park, called "Jewelry and cultural park of Shanxi", carried out development and production, wholesale and retail sales, trading and exhibition of gold jewelry. Park also takes tourists.
New jewelry Park, is expected to process 10 tons of gold, 3 tons of silver and produce handicrafts worth about $ 7.59 million per year. Also, as expected, the sales tax from the park will annually be about $ 318 million.
In the Chinese province of Shanxi consumed a significant portion of the jewelry in China.
http://pearlgiftjewelry.blogspot.ca/
Chow Tai Fook Jewellery Group Limited, the largest jewelry retailer in Hong Kong, introduced 3 sets of exclusive auction "fine jewelry" (High Jewellery Collection) under the name "Le Labyrinthe Artistique" at the JCK show in Las Vegas on June 4th.
For the first time Chow Tai Fook conducts a preview of his collection in the United States. It is expected that the brand will be adopted in the United States and around the world as one of the largest jewelry manufacturers.
When you create your decorations this time designers Chow Tai Fook found inspiration in the work of abstract artists.
This is the first collection of Chow Tai Fook, which has had an impact on the fine arts. In addition, "Le Labyrinthe Artistique" was a milestone for the company as a global jewelry brand.
A collection of 15 products combines the examples of abstract art, as well as precious stones with high-quality cut, inlaying and finishing.
This year, thanks to the "Le Labyrinthe Artistique" company Chow Tai Fook has been able to understand the essence of the work of artists and to give their products a new form thanks to the unique interpretation and the quality of their workmanship.
http://royalpearljewelry.blogspot.ca/
For the first time Chow Tai Fook conducts a preview of his collection in the United States. It is expected that the brand will be adopted in the United States and around the world as one of the largest jewelry manufacturers.
When you create your decorations this time designers Chow Tai Fook found inspiration in the work of abstract artists.
This is the first collection of Chow Tai Fook, which has had an impact on the fine arts. In addition, "Le Labyrinthe Artistique" was a milestone for the company as a global jewelry brand.
A collection of 15 products combines the examples of abstract art, as well as precious stones with high-quality cut, inlaying and finishing.
This year, thanks to the "Le Labyrinthe Artistique" company Chow Tai Fook has been able to understand the essence of the work of artists and to give their products a new form thanks to the unique interpretation and the quality of their workmanship.
http://royalpearljewelry.blogspot.ca/
WFDB (World Federation of Diamond Bourses, WFDB ) has announced changes in the composition of the executive committee. President Ernie Blom Federation (Ernie Blom) was the third time in a row was elected its chairman and president of the Israel Diamond Exchange (Israel Diamond Exchange, IDE) Yoram u'Dvash (Yoram Dvash) became vice-president of the WFDB.
Roni Anterman (Rony Unterman) was elected Deputy Secretary General of the WFDB, Mehul Shah (Mehul Shah), vice-president of the BDB, became the new general treasurer of the organization, will replace Dieter Hahn (Dieter Hahn).
The Council WFDB Directors includes Rami Baron (Rami Baron), Julien Draybums (Julien Drybooms), Anoop Mehta (Anoop Mehta), Lin Qiang (Lin Qiang), Alex Popov (Alex Popov), Reuven Kaufman (Reuven Kaufman), Nikhil Javert ( nikhil Jhaveri) and Peter Meeuws (Peter Meeus).
In addition, Michel Schonfeld (Michel Schonfeld) became the new Deputy Secretary General of the WFDB, Julien Draybums - Deputy Treasurer of the organization and at the same time its Honorary Life Vice President. Luiza Prayor (Louise Prior) became the executive director of the WFDB.
http://bridalpearlnecklace.blogspot.ca/
Roni Anterman (Rony Unterman) was elected Deputy Secretary General of the WFDB, Mehul Shah (Mehul Shah), vice-president of the BDB, became the new general treasurer of the organization, will replace Dieter Hahn (Dieter Hahn).
The Council WFDB Directors includes Rami Baron (Rami Baron), Julien Draybums (Julien Drybooms), Anoop Mehta (Anoop Mehta), Lin Qiang (Lin Qiang), Alex Popov (Alex Popov), Reuven Kaufman (Reuven Kaufman), Nikhil Javert ( nikhil Jhaveri) and Peter Meeuws (Peter Meeus).
In addition, Michel Schonfeld (Michel Schonfeld) became the new Deputy Secretary General of the WFDB, Julien Draybums - Deputy Treasurer of the organization and at the same time its Honorary Life Vice President. Luiza Prayor (Louise Prior) became the executive director of the WFDB.
http://bridalpearlnecklace.blogspot.ca/
The company DDA Trading BVBA, specializing in marketing and sales in the global rough diamond market, announced that it will conduct in June in Antwerp the first auction sale of stones belonging to Kimberley Diamonds Ltd. Mine Lera (Lerala) in eastern Botswana. It is developed from July 2012, and is the first opportunity in four years to buy the original product.
Views will be held by appointment only at the office DDA Trading BVBA in Antwerp Diamond Bank, Monday, June 20 to Monday, June 27. Auction bids will be completed in the Tuesday, June 28, 2016.
http://pearlsgift.blogspot.ca/
Views will be held by appointment only at the office DDA Trading BVBA in Antwerp Diamond Bank, Monday, June 20 to Monday, June 27. Auction bids will be completed in the Tuesday, June 28, 2016.
http://pearlsgift.blogspot.ca/
Central African Republic (CAR) plans to resume diamond exports after the lifting of the three-year ban the Kimberley Process (KP). The ban on diamond exports from the country was introduced due to the fact that armed groups in the Central African Republic have financed their operations through the sale of diamonds.
Reuters quoted mining minister Mboli Leopold (Leopold Mboli), who said that the partial lifting of the ban on diamond exports only Berberati will first swing, the southern region of the country.
"We will as soon as possible to work on other areas, as you know, we have to comply with certain conditions imposed by the KP, -. He said -. We have to separate the so-called" blood diamonds "from those that are not."
KP allow CAR to resume diamond exports, provided that the country will be implemented a program to ensure the traceability of diamonds, according to Reuters.
"As you know, security returned to Berberati Today, the government is able to ensure the traceability of diamonds." - Mboli said.
The first consignment of diamonds to be sent out of the country after the resumption of exports of 3703 carats. Export of diamonds is subject to approval by the diamond inspection CAR.
According to official data, in 2012, CAR has exported 371,917 carats of diamonds worth more than $ 62 million. It was the year before the ban KP.
http://traditionpearlnecklace.blogspot.ca/
Reuters quoted mining minister Mboli Leopold (Leopold Mboli), who said that the partial lifting of the ban on diamond exports only Berberati will first swing, the southern region of the country.
"We will as soon as possible to work on other areas, as you know, we have to comply with certain conditions imposed by the KP, -. He said -. We have to separate the so-called" blood diamonds "from those that are not."
KP allow CAR to resume diamond exports, provided that the country will be implemented a program to ensure the traceability of diamonds, according to Reuters.
"As you know, security returned to Berberati Today, the government is able to ensure the traceability of diamonds." - Mboli said.
The first consignment of diamonds to be sent out of the country after the resumption of exports of 3703 carats. Export of diamonds is subject to approval by the diamond inspection CAR.
According to official data, in 2012, CAR has exported 371,917 carats of diamonds worth more than $ 62 million. It was the year before the ban KP.
http://traditionpearlnecklace.blogspot.ca/
One of the leading companies for the production of jewelry in the US Stuller became a member of the International Association of diamonds grown in a lab (International Grown Diamond Association, IGDA) , the organization said in a statement dated 7 June. IGDA - industry association, which includes the leading manufacturers of diamonds grown in a lab, and includes distributors, suppliers, retailers, and technical experts.
Member of the patron and the secretary general of the association, Richard Garard (Richard Garard) and the head of Microwave Enterprises in combination (US), said: "We are very pleased to welcome Stuller in our association during the last 4 months since our launch, more than 20. diamond companies producing lab-grown stones and technical experts have signed up for membership in the IGDA. Our organization really emerged as a collective front for producers of diamonds grown in a lab from around the world. "
IGDA members are now located in the United States, China, Singapore, India, the Philippines, Russia, Canada and Hong Kong. Among the current members of the IGDA - IIa Technologies, Microwave Enterprises, Washington Diamonds, New Diamond Technology, Scio Diamond, Golcondia, Pure Grown Diamonds, Polished Diamond Company, Diamond Foundry, MiaDonna & Company, Chatham Created Gems & Diamonds, Numined Diamonds, Fair Trade Jewellery Co., The Gold Concept Jewelry and Design , Caraxy, M. Gellar, Schubach Enterprises, D.NEA and DM Gems India.
IGDA is committed to protecting the interests of the industry representatives on the production of synthetic diamonds, it promotes such stones as the new choice for consumers, but also spreads knowledge about the various unique features and applications of diamond grown in a laboratory.
http://pearlgiftjewelry.blogspot.ca/
Member of the patron and the secretary general of the association, Richard Garard (Richard Garard) and the head of Microwave Enterprises in combination (US), said: "We are very pleased to welcome Stuller in our association during the last 4 months since our launch, more than 20. diamond companies producing lab-grown stones and technical experts have signed up for membership in the IGDA. Our organization really emerged as a collective front for producers of diamonds grown in a lab from around the world. "
IGDA members are now located in the United States, China, Singapore, India, the Philippines, Russia, Canada and Hong Kong. Among the current members of the IGDA - IIa Technologies, Microwave Enterprises, Washington Diamonds, New Diamond Technology, Scio Diamond, Golcondia, Pure Grown Diamonds, Polished Diamond Company, Diamond Foundry, MiaDonna & Company, Chatham Created Gems & Diamonds, Numined Diamonds, Fair Trade Jewellery Co., The Gold Concept Jewelry and Design , Caraxy, M. Gellar, Schubach Enterprises, D.NEA and DM Gems India.
IGDA is committed to protecting the interests of the industry representatives on the production of synthetic diamonds, it promotes such stones as the new choice for consumers, but also spreads knowledge about the various unique features and applications of diamond grown in a laboratory.
http://pearlgiftjewelry.blogspot.ca/
Zimbabwe Consolidated Diamond Company (ZCDC), recently started its activity after the government withdrew the licenses of companies that mine diamonds in Marange (Marange), fired CEO Mark Mabhudu (Mark Mabhudu) and Chief Financial Officer Stuart Musekivu (Stewart Musekiwa).
Standard newspaper reports that top managers were fired because of an incorrect assessment of the proceeds from the sale of diamonds.
"The official position is that the two failed a polygraph test, but it's just an excuse they had been dismissed because of corporate governance issues have been carried out." - said an unnamed official of the Ministry of Mines of Zimbabwe.
Minister of Mines of Zimbabwe Chidakva Walter (Walter Chidhakwa) said that the country expects to receive $ 25-30 billion from diamond sales during the next decade after the establishment of ZCDC.
However, an unnamed source said that last month ZCDC managed to get only 120 000 carats of low quality diamonds, which were sold at the May tender for only $ 5.5 million.
Of the money from the sale of diamond auction, only $ 1.1 million were received in budget, and the rest were sent to the payment of royalties, management fees, administration, and marketing costs.
The official said the acting chairman ZCDC and permanent secretary of the Ministry of Mines Professor Francis Gudianga (Francis Gudyanga) is responsible for protecting Mabhudu after the failed action of Marange Resources.
"Everyone was surprised that Gudianga appointed Mabhudu and other top managers of Marange Resources as ZCDC bosses, however, these people are not able to manage the company, and it was the worst in the region for diamond mining." - said the official.
"Appointments ZCDC were intended only to provide jobs for friends and family, but now the country is paying for it a price probably Gudianga realized that these officials will cost him his job and decided to fire them.", - concluded the source.
http://royalpearljewelry.blogspot.ca/
Standard newspaper reports that top managers were fired because of an incorrect assessment of the proceeds from the sale of diamonds.
"The official position is that the two failed a polygraph test, but it's just an excuse they had been dismissed because of corporate governance issues have been carried out." - said an unnamed official of the Ministry of Mines of Zimbabwe.
Minister of Mines of Zimbabwe Chidakva Walter (Walter Chidhakwa) said that the country expects to receive $ 25-30 billion from diamond sales during the next decade after the establishment of ZCDC.
However, an unnamed source said that last month ZCDC managed to get only 120 000 carats of low quality diamonds, which were sold at the May tender for only $ 5.5 million.
Of the money from the sale of diamond auction, only $ 1.1 million were received in budget, and the rest were sent to the payment of royalties, management fees, administration, and marketing costs.
The official said the acting chairman ZCDC and permanent secretary of the Ministry of Mines Professor Francis Gudianga (Francis Gudyanga) is responsible for protecting Mabhudu after the failed action of Marange Resources.
"Everyone was surprised that Gudianga appointed Mabhudu and other top managers of Marange Resources as ZCDC bosses, however, these people are not able to manage the company, and it was the worst in the region for diamond mining." - said the official.
"Appointments ZCDC were intended only to provide jobs for friends and family, but now the country is paying for it a price probably Gudianga realized that these officials will cost him his job and decided to fire them.", - concluded the source.
http://royalpearljewelry.blogspot.ca/
United Chambers of Commerce of India (Associated Chambers of Commerce and Industry of India, Assocham) called on the Indian government to extend the existing subsidies for increasing exports of gems and jewelery, hit by slowing global growth.
These requirements are quite significant as the industry of gems and jewelery accounts for about 13% of total exports of products from India. A sharp drop in exports of gems and jewelery left almost destitute of over 3 million skilled workers across India.
"Exports of gems and jewelery from India is likely to remain under pressure this year, although there are signs of improved sentiment in the US market participants This country consumes about half of the diamond jewelry produced in India.", - stated in a study conducted Assocham and published June 8.
Interestingly, Dubai and Thailand are fast becoming major centers of production of jewelry, as many Indian companies are opening their offices there.
"While the share of the US market, and Hong Kong's exports of diamonds and precious stones has increased to 29% and 36%, respectively, over the past few years, the share of the UAE market steadily decreased from a fifth a few years ago to less than one-tenth of total exports," - says the association study.
Modernization of labor law, the requirement of a larger number of export-oriented economic zones, the establishment of the Gold Council, access to better financing, easing some of the tax rules, separation of investment and consumer demand, the creation of tourism on the Gold Jewelry programs - the main areas, the emphasis which can help in restoration sector, gems and jewelry in India, is believed to Assocham.
Assocham also obratili the government to grant the status of industries gems and jewelry to give a boost to investment and reduce operating costs, thereby strengthening confidence in the Indian brands in the global markets and promote the initiative "Made in India".
http://bridalpearlnecklace.blogspot.ca/
These requirements are quite significant as the industry of gems and jewelery accounts for about 13% of total exports of products from India. A sharp drop in exports of gems and jewelery left almost destitute of over 3 million skilled workers across India.
"Exports of gems and jewelery from India is likely to remain under pressure this year, although there are signs of improved sentiment in the US market participants This country consumes about half of the diamond jewelry produced in India.", - stated in a study conducted Assocham and published June 8.
Interestingly, Dubai and Thailand are fast becoming major centers of production of jewelry, as many Indian companies are opening their offices there.
"While the share of the US market, and Hong Kong's exports of diamonds and precious stones has increased to 29% and 36%, respectively, over the past few years, the share of the UAE market steadily decreased from a fifth a few years ago to less than one-tenth of total exports," - says the association study.
Modernization of labor law, the requirement of a larger number of export-oriented economic zones, the establishment of the Gold Council, access to better financing, easing some of the tax rules, separation of investment and consumer demand, the creation of tourism on the Gold Jewelry programs - the main areas, the emphasis which can help in restoration sector, gems and jewelry in India, is believed to Assocham.
Assocham also obratili the government to grant the status of industries gems and jewelry to give a boost to investment and reduce operating costs, thereby strengthening confidence in the Indian brands in the global markets and promote the initiative "Made in India".
http://bridalpearlnecklace.blogspot.ca/
Polished imports in the United States grew at an annualized rate of 2.9%, to $ 1.85 billion in seasonally quiet April. Polished imports by weight increased by 0.6% to 793,939 carats as their average price increased by 2.3%, to $ 2324 per carat.
Meanwhile, polished exports jumped 9.8% to $ 1.33 billion, making them net imports fell by 12% to $ 513 million.
Diamond imports in April increased by more than tripled, to $ 74 million from $ 22 million a year ago, while exports increased more than fourfold, to $ 80 million to $ 18 million a year earlier. Net rough imports fell to a deficit of $ 6 million, compared to a surplus of $ 4 million in the previous year. The balance of US diamond trade declined by 13% to $ 507 million.
During the first four months of this year, US polished diamond imports fell by 1.5%, to $ 7.4 billion, while exports fell by 1.2%, to $ 6.03 billion , resulting in net imports fell by 2.7%, to $ 1.37 billion.
http://pearlsgift.blogspot.ca/
Meanwhile, polished exports jumped 9.8% to $ 1.33 billion, making them net imports fell by 12% to $ 513 million.
Diamond imports in April increased by more than tripled, to $ 74 million from $ 22 million a year ago, while exports increased more than fourfold, to $ 80 million to $ 18 million a year earlier. Net rough imports fell to a deficit of $ 6 million, compared to a surplus of $ 4 million in the previous year. The balance of US diamond trade declined by 13% to $ 507 million.
During the first four months of this year, US polished diamond imports fell by 1.5%, to $ 7.4 billion, while exports fell by 1.2%, to $ 6.03 billion , resulting in net imports fell by 2.7%, to $ 1.37 billion.
http://pearlsgift.blogspot.ca/
Spectacular tender pink diamonds from the Argyle mine (Argyle) in 2016 was presented by Rio Tinto during the world exclusive preview in Copenhagen as part of the exhibition of rare gems of the mine and jewelry, according to the mining company.
Tender 2016 is called "Chroma Collection" in honor of the highest rates of diamond color and consists of 57 pink, purple and two four red diamonds. The total carat weight of 58.24 carats.
Alan Davis (Alan Davies), CEO division Rio Tinto diamond mining and minerals, said: "Diamonds Tender with Argyle 2016 is an exclusive offer for the most discerning of world diamond collectors." Chroma Collection "is one of the best we've saw-or through a combination of rare factors. Diamonds are unparalleled in color, size, and clean. We are already seeing strong interest worldwide by representatives of both developed and emerging markets. "
World exclusive preview of the tender pink diamonds from the Argyle was held in Copenhagen, along with a unique exhibition of jewelry with pink diamonds, organized as a sign of recognition of the importance of Denmark in the history of Australia's most valuable stones.
After an exclusive preview in Copenhagen, diamonds, which will be offered on the tender, will be showcased as part of viewing only at the invitation of the Hong Kong, New York and Perth. Applications for participation in the tender will be accepted until October 12, 2016.
http://traditionpearlnecklace.blogspot.ca/
Tender 2016 is called "Chroma Collection" in honor of the highest rates of diamond color and consists of 57 pink, purple and two four red diamonds. The total carat weight of 58.24 carats.
Alan Davis (Alan Davies), CEO division Rio Tinto diamond mining and minerals, said: "Diamonds Tender with Argyle 2016 is an exclusive offer for the most discerning of world diamond collectors." Chroma Collection "is one of the best we've saw-or through a combination of rare factors. Diamonds are unparalleled in color, size, and clean. We are already seeing strong interest worldwide by representatives of both developed and emerging markets. "
World exclusive preview of the tender pink diamonds from the Argyle was held in Copenhagen, along with a unique exhibition of jewelry with pink diamonds, organized as a sign of recognition of the importance of Denmark in the history of Australia's most valuable stones.
After an exclusive preview in Copenhagen, diamonds, which will be offered on the tender, will be showcased as part of viewing only at the invitation of the Hong Kong, New York and Perth. Applications for participation in the tender will be accepted until October 12, 2016.
http://traditionpearlnecklace.blogspot.ca/
In the comments of Vice President of ALROSA Rinat Gizatulina released by the company on Wednesday, it said that, in connection with the publication of the last few days a number of media information openly distort reality in relation to the further development of the strategy of "Diamonds of Anabar", Alrosa says that is not going to change the development strategy of subsidiaries, regardless of the plans of individual managers of these companies change their place of work.
Noting that for the stabilization of the situation and save the price of rough diamonds, as well as reducing costs, ALROSA in 2016 decided on a minor, on the background of the total volume, reducing diamond production volumes, Rinat Gizatulin said that this minor reduction will be achieved by reducing production at primary deposits of the "ALROSA" and that these changes will not affect any "Diamonds of Anabar" or other companies operating in the alluvial deposits.
"Further development strategy of the company JSC" Diamonds of Anabar ", as one of the key assets of" ALROSA ", involves not only the preservation of the rate of extraction of diamonds in alluvial deposits, but also the expansion of the company with new opportunities related to the concurrent production of gold and platinum metals in the fields of the company ", - said Vice President of ALROSA.
"That is why the" ALROSA "group initiated amendments to the federal law on mineral resources, allowing mining companies with state participation and its subsidiaries engage in concurrent mining from existing fields. Expansion of activity will entail an increase in the volume of work that will require the full commitment of the whole team, "Diamonds of Anabar", - stated in the comments below.
"Besides, now the State Duma of the Russian Federation basically has approved amendments to the legislation, which will significantly expedite the processing of licenses for geological study of subsoil, containing displays of diamonds," - said Rinat Gizatulin, adding that it will provide an opportunity in the future JSC " ALROSA "and JSC" Diamonds of Anabar "significantly increased spending primary exploration that will give impetus to open new alluvial deposits in the Sakha Republic (Yakutia).
Referring to the change of leadership in the "Diamonds of Anabar", Rinat Gizatulin revealed that now the decision on the appointment of a new CEO in the company and in accordance with the "it is the legislation is adopted by a vote of the Board of Directors, after approval of the proposed candidates to the Supervisory Board, ZAO company "ALROSA", which, as we know, is the sole shareholder of JSC "Diamonds of Anabar".
"The new General Director of JSC" Diamonds of Anabar "continue to be a strategic line started Matveem Evseevym, aimed at further development of the Company, increase the efficiency and profitability of its work", - he said in conclusion, vice president of ALROSA.
http://pearlgiftjewelry.blogspot.ca/
Noting that for the stabilization of the situation and save the price of rough diamonds, as well as reducing costs, ALROSA in 2016 decided on a minor, on the background of the total volume, reducing diamond production volumes, Rinat Gizatulin said that this minor reduction will be achieved by reducing production at primary deposits of the "ALROSA" and that these changes will not affect any "Diamonds of Anabar" or other companies operating in the alluvial deposits.
"Further development strategy of the company JSC" Diamonds of Anabar ", as one of the key assets of" ALROSA ", involves not only the preservation of the rate of extraction of diamonds in alluvial deposits, but also the expansion of the company with new opportunities related to the concurrent production of gold and platinum metals in the fields of the company ", - said Vice President of ALROSA.
"That is why the" ALROSA "group initiated amendments to the federal law on mineral resources, allowing mining companies with state participation and its subsidiaries engage in concurrent mining from existing fields. Expansion of activity will entail an increase in the volume of work that will require the full commitment of the whole team, "Diamonds of Anabar", - stated in the comments below.
"Besides, now the State Duma of the Russian Federation basically has approved amendments to the legislation, which will significantly expedite the processing of licenses for geological study of subsoil, containing displays of diamonds," - said Rinat Gizatulin, adding that it will provide an opportunity in the future JSC " ALROSA "and JSC" Diamonds of Anabar "significantly increased spending primary exploration that will give impetus to open new alluvial deposits in the Sakha Republic (Yakutia).
Referring to the change of leadership in the "Diamonds of Anabar", Rinat Gizatulin revealed that now the decision on the appointment of a new CEO in the company and in accordance with the "it is the legislation is adopted by a vote of the Board of Directors, after approval of the proposed candidates to the Supervisory Board, ZAO company "ALROSA", which, as we know, is the sole shareholder of JSC "Diamonds of Anabar".
"The new General Director of JSC" Diamonds of Anabar "continue to be a strategic line started Matveem Evseevym, aimed at further development of the Company, increase the efficiency and profitability of its work", - he said in conclusion, vice president of ALROSA.
http://pearlgiftjewelry.blogspot.ca/
The decision to remove the official Harare Chinese companies with the diamond fields of Marange (Marange) in February led to a sharp deterioration in relations between Zimbabwe and China.
Chinese Anjin diamond and other companies filed a lawsuit against the official Harare to challenge the decision to suspend their activities.
Zimbabwe Independent reports that the Chinese shareholders of the company met with representatives of the Chinese government and expressed their disappointment at the lack of respect for African countries to the rights of ownership of the government.
It is unclear whether Beijing is implementing plans for multi-billion dollar financing energy infrastructure, and Zimbabwe, on which the contracts were signed by Zimbabwean President Robert Mugabe in 2014 and 2015.
State media recently announced that the large investment projects shall remain in force despite the lack of evidence of their implementation.
China has long supported Zimbabwe after Western countries began to avoid the country because of the chaotic land reform in 2000. In addition, reports of an unstable political situation and election fraud in this country.
http://royalpearljewelry.blogspot.ca/
Chinese Anjin diamond and other companies filed a lawsuit against the official Harare to challenge the decision to suspend their activities.
Zimbabwe Independent reports that the Chinese shareholders of the company met with representatives of the Chinese government and expressed their disappointment at the lack of respect for African countries to the rights of ownership of the government.
It is unclear whether Beijing is implementing plans for multi-billion dollar financing energy infrastructure, and Zimbabwe, on which the contracts were signed by Zimbabwean President Robert Mugabe in 2014 and 2015.
State media recently announced that the large investment projects shall remain in force despite the lack of evidence of their implementation.
China has long supported Zimbabwe after Western countries began to avoid the country because of the chaotic land reform in 2000. In addition, reports of an unstable political situation and election fraud in this country.
http://royalpearljewelry.blogspot.ca/
Gemological laboratories of the American Society of precious stones (American Gem Society Laboratories, AGSL) announced the launch in June of a new service to verify the origin of natural diamonds, which also lets you know whether he was exposed to some beautification stone using HPHT technology, IDEX portal.
As noted in the AGSL, to verify the diamond service is an extension of the laboratory's mission to ensure the protection of consumers' interests. The lab added that the growing concern in the diamond industry over the sale and resale of grown diamond laboratory as well as concerns about the potential risks associated with unsolved treated diamonds, means that the new service will help to strengthen the confidence of retailers - both the reverse repurchase, so and the modernization and purchase of stones from the customers.
The service also helps suppliers to provide additional assurance to its customers, ensuring that the equipment will determine whether the diamond is of natural origin, or it was grown in the laboratory. AGSL can also check whether he was exposed to some beautification stone using HPHT technology. According to representatives of the laboratory service is designed to improve the confidence in quality control and in diamond prices.
"In today's market, transparency is more important than ever - says Ruth Batson (Ruth Batson), CEO AGSL -. Services in testing of natural diamonds helps to clearly and effectively communicate science to retailers, helping them to improve their confidence in doing business" .
AGSL similar service for diamonds "chalk" carat weight 0,1-0,18 becomes available in the future. Diamond check will be carried out not more than 48 hours.
http://bridalpearlnecklace.blogspot.ca/
As noted in the AGSL, to verify the diamond service is an extension of the laboratory's mission to ensure the protection of consumers' interests. The lab added that the growing concern in the diamond industry over the sale and resale of grown diamond laboratory as well as concerns about the potential risks associated with unsolved treated diamonds, means that the new service will help to strengthen the confidence of retailers - both the reverse repurchase, so and the modernization and purchase of stones from the customers.
The service also helps suppliers to provide additional assurance to its customers, ensuring that the equipment will determine whether the diamond is of natural origin, or it was grown in the laboratory. AGSL can also check whether he was exposed to some beautification stone using HPHT technology. According to representatives of the laboratory service is designed to improve the confidence in quality control and in diamond prices.
"In today's market, transparency is more important than ever - says Ruth Batson (Ruth Batson), CEO AGSL -. Services in testing of natural diamonds helps to clearly and effectively communicate science to retailers, helping them to improve their confidence in doing business" .
AGSL similar service for diamonds "chalk" carat weight 0,1-0,18 becomes available in the future. Diamond check will be carried out not more than 48 hours.
http://bridalpearlnecklace.blogspot.ca/
In celebration of the 50th anniversary of independence of Botswana officials of the public sector entity of the country and De Beers tour the United States in search of investments in strategic sectors of the Botswana economy, including the mining industry.
Officials from the Botswana Development Corporation (Botswana Development Corporation) and the Ministry of the country's raw materials, energy and water are part of a joint group of participants of the visit, which began with a symposium in New York on 1 June. This was followed by a meeting in San Francisco on June 7. The next meeting is scheduled in Chicago on June 9 with the aim to promote Botswana as a destination for investment.
At the request of De Beers, Botswana consistently ranked Transparency International as the least corrupt country in Africa.
"The successful movement of international trade operations from London to Gaborone (2013) demonstrates the ease of doing business in Botswana" - said Gareth Mostyn (Gareth Mostyn), Executive Director of Strategy and Corporate Affairs of the company De Beers.
http://pearlsgift.blogspot.ca/
Officials from the Botswana Development Corporation (Botswana Development Corporation) and the Ministry of the country's raw materials, energy and water are part of a joint group of participants of the visit, which began with a symposium in New York on 1 June. This was followed by a meeting in San Francisco on June 7. The next meeting is scheduled in Chicago on June 9 with the aim to promote Botswana as a destination for investment.
At the request of De Beers, Botswana consistently ranked Transparency International as the least corrupt country in Africa.
"The successful movement of international trade operations from London to Gaborone (2013) demonstrates the ease of doing business in Botswana" - said Gareth Mostyn (Gareth Mostyn), Executive Director of Strategy and Corporate Affairs of the company De Beers.
http://pearlsgift.blogspot.ca/
Israel Diamond Institute (Israel Diamond Institute, IDI) will present 50 companies at its pavilion at the Hong Kong exhibition of jewelry and precious stones, which will be held 23-26 June 2016 in Hong Kong the center of exhibitions and conferences. In addition, 10 Israeli companies will exhibit their products in other parts of the show, according to the IDI reported.
Israeli pavilion will be located on a plot of events dedicated to the diamond. The system "Find your diamond" (Find Your Diamond) will find offers from all Israeli exhibitors at the exhibition with information in both Chinese and English. It will also be available on smartphones.
IDI Chairman Shmuel Schnitzer (Shmuel Schnitzer) said: "Despite the downturn in Asian markets, they are very important for our industry, we believe that the long-term prospects for Asia as a great Israeli diamond industry for the diamond market tends to strengthen our business relationship with this.. region and adapt our offer to the market requirements. "
IDI Managing Director Eli Avidar (Eli Avidar) said that IDI is now annually organizes large national diamond pavilions at four exhibitions in Hong Kong, taking place in March, June, September and November.
"We have invested a lot of effort in it to produce the Israeli diamond dealers became available for buyers System." Find your diamond, "now translated into Chinese, was a real discovery for both buyers and exhibitors," - he added.
Avidar added that IDI office in Hong Kong plays an important role in the promotion of business between the two countries. In addition, the Chinese language on the institute's Web site allows direct contacts between Israeli and regional industry.
http://traditionpearlnecklace.blogspot.ca/
Israeli pavilion will be located on a plot of events dedicated to the diamond. The system "Find your diamond" (Find Your Diamond) will find offers from all Israeli exhibitors at the exhibition with information in both Chinese and English. It will also be available on smartphones.
IDI Chairman Shmuel Schnitzer (Shmuel Schnitzer) said: "Despite the downturn in Asian markets, they are very important for our industry, we believe that the long-term prospects for Asia as a great Israeli diamond industry for the diamond market tends to strengthen our business relationship with this.. region and adapt our offer to the market requirements. "
IDI Managing Director Eli Avidar (Eli Avidar) said that IDI is now annually organizes large national diamond pavilions at four exhibitions in Hong Kong, taking place in March, June, September and November.
"We have invested a lot of effort in it to produce the Israeli diamond dealers became available for buyers System." Find your diamond, "now translated into Chinese, was a real discovery for both buyers and exhibitors," - he added.
Avidar added that IDI office in Hong Kong plays an important role in the promotion of business between the two countries. In addition, the Chinese language on the institute's Web site allows direct contacts between Israeli and regional industry.
http://traditionpearlnecklace.blogspot.ca/
Wednesday, July 12, 2017
The new CEO of Rockwell Diamonds Tyart Willems (Tjaart Willemse) noted that the company "is in a deplorable state" after its assessment of the business situation.
Earlier this month, he was succeeded by James Campbell (James Campbell) General Director's position.
"It is clear that the business was in a desperate condition for many reasons," - he said in a statement.
"For a long time there was a violation of the control, a significant non-compliance with procurement policies, - continued the new CEO -. This, combined with the lack of planning, and the lack of pre-loaded project, led to a number of financial management issues and business risks."
Willems said that "blur" reporting both within the organization and between the company and some of its service providers, "does not bode well for the proper management and control of business."
He also noted, however, without further explanation, that in Rockwell yet there has been some "significant progress."
"I am of the opinion that with appropriate controls and with the correct Rockwell team will show a good increase in shareholder value," - said Willems.
At the same time, the company said that production volumes in the second quarter ended August 31 fell by 4% compared with the previous quarter and up 8% compared to the same quarter last year due to the planned downsizing of operations on the project Saksendrift (Saxendrift ), which was partially offset by an increase of 10 percent on processing volumes breed Remhugte (Remhoogte).
Quarterly production of diamonds in carats per Saksendrift decreased by 28% to 1227 carats, and Remhugte had a total of 3,424 carats of diamonds mined. Also, it was obtained a few stones larger than 20 carats, the largest of which were diamonds weighing 158.99 carats 129.66 carats.
Production at Vouterspen (Wouterspan), which started in August, has brought 96.26 carats, including stone weighing 27.4 carats.
Rockwell Sales fell by 9% over the same period last year, up to 4849 carats.
http://royalpearljewelry.blogspot.ca/
Earlier this month, he was succeeded by James Campbell (James Campbell) General Director's position.
"It is clear that the business was in a desperate condition for many reasons," - he said in a statement.
"For a long time there was a violation of the control, a significant non-compliance with procurement policies, - continued the new CEO -. This, combined with the lack of planning, and the lack of pre-loaded project, led to a number of financial management issues and business risks."
Willems said that "blur" reporting both within the organization and between the company and some of its service providers, "does not bode well for the proper management and control of business."
He also noted, however, without further explanation, that in Rockwell yet there has been some "significant progress."
"I am of the opinion that with appropriate controls and with the correct Rockwell team will show a good increase in shareholder value," - said Willems.
At the same time, the company said that production volumes in the second quarter ended August 31 fell by 4% compared with the previous quarter and up 8% compared to the same quarter last year due to the planned downsizing of operations on the project Saksendrift (Saxendrift ), which was partially offset by an increase of 10 percent on processing volumes breed Remhugte (Remhoogte).
Quarterly production of diamonds in carats per Saksendrift decreased by 28% to 1227 carats, and Remhugte had a total of 3,424 carats of diamonds mined. Also, it was obtained a few stones larger than 20 carats, the largest of which were diamonds weighing 158.99 carats 129.66 carats.
Production at Vouterspen (Wouterspan), which started in August, has brought 96.26 carats, including stone weighing 27.4 carats.
Rockwell Sales fell by 9% over the same period last year, up to 4849 carats.
http://royalpearljewelry.blogspot.ca/
De Beers has taken part in the second business forum "The US - Africa", organized by the September 21 US Department of Commerce and Bloomberg's charitable foundation in the hotel "Plaza" in New York, according to IDEX Online.
To the CEO of De Beers, Bruce Cleaver (Bruce Cleaver) joined world leaders, including US President Barack Obama, US Secretary of Commerce Penny Pritzker, US Secretary of State Dzhona Kerri, Michael Bloomberg, the heads of several African states, heads of private companies from the United States and Africa. Their aim was to examine partnerships that lead to a deepening of business relations and creating exciting growth opportunities in Africa.
The Obama administration and the American private sector to recognize the enormous potential of fast-growing and rapidly developing countries of Africa, and agree that the promotion of economic partnerships, sustainable development and an increase in bilateral trade and investment are central to the United States and Africa relations, said in a statement De Beers.
Interactive sessions were devoted to a number of key issues that affect the partnership the United States and African countries, including economic diversification and regional integration, entrepreneurship and innovation, and reaching below the digital future of the continent.
Cleaver said the success of the partnership between Botswana and De Beers, which has been going on for almost 50 years and is one of the most durable in the world and the most successful public-private partnerships.
He said: "Efficient use of diamond resources, the Government of Botswana and De Beers since the country gained independence in 1966, Botswana has transformed, which has become one of the poorest countries in the world of modern country with an average income. This progress has generally been built on the basis of diamond, thanks to the high standards of governance, political stability, and reasonable investment in Botswana's diamonds. "
http://traditionpearlnecklace.blogspot.ca/
To the CEO of De Beers, Bruce Cleaver (Bruce Cleaver) joined world leaders, including US President Barack Obama, US Secretary of Commerce Penny Pritzker, US Secretary of State Dzhona Kerri, Michael Bloomberg, the heads of several African states, heads of private companies from the United States and Africa. Their aim was to examine partnerships that lead to a deepening of business relations and creating exciting growth opportunities in Africa.
The Obama administration and the American private sector to recognize the enormous potential of fast-growing and rapidly developing countries of Africa, and agree that the promotion of economic partnerships, sustainable development and an increase in bilateral trade and investment are central to the United States and Africa relations, said in a statement De Beers.
Interactive sessions were devoted to a number of key issues that affect the partnership the United States and African countries, including economic diversification and regional integration, entrepreneurship and innovation, and reaching below the digital future of the continent.
Cleaver said the success of the partnership between Botswana and De Beers, which has been going on for almost 50 years and is one of the most durable in the world and the most successful public-private partnerships.
He said: "Efficient use of diamond resources, the Government of Botswana and De Beers since the country gained independence in 1966, Botswana has transformed, which has become one of the poorest countries in the world of modern country with an average income. This progress has generally been built on the basis of diamond, thanks to the high standards of governance, political stability, and reasonable investment in Botswana's diamonds. "
http://traditionpearlnecklace.blogspot.ca/
DiamondCorp, which owns a diamond mine Lace (Lace) in South Africa, over the past 3 months sold 7121 carats of diamonds within the direct selling stones and tenders, while receiving $ 782 455.
At the same time, 4,863 carats of this volume were produced by kimberlite mining, 2,258 carats and was able to produce at processing tailings enrichment diamond size less than 1.25 mm.
In total, the tender in Antwerp, the company sold 5716 carats of diamonds. The number of bidders was 55% higher compared to the previous trading DiamondCorp in April.
In addition, as a result of direct selling diamonds in Johannesburg have been sold 1406 carats, and has previously been implemented separate stone weighing 8.7 carats, priced at $ 5,700 per carat.
"The demand for diamond products of all categories was good and all the lots put up for auction, managed to sell", - noted in DiamondCorp.
"The prices that were obtained for diamonds of all sizes are consistent with the April figures except for the cheaper product categories in which there was a slight decline in prices", - added to the company.
In DiamondCorp also said that in the last auction involved only one particular diamond, which weighed 12.47 carats. He went under the hammer for $ 5132 per carat. The sale of diamonds mined from kimberlite amounted to $ 686,306, the average price - $ 141 per carat.
Thus, the average price DiamondCorp diamonds since the beginning of 2016 amounted to $ 169 per carat against a baseline assessment of $ 164 per carat.
http://bridalpearlnecklace.blogspot.ca/
At the same time, 4,863 carats of this volume were produced by kimberlite mining, 2,258 carats and was able to produce at processing tailings enrichment diamond size less than 1.25 mm.
In total, the tender in Antwerp, the company sold 5716 carats of diamonds. The number of bidders was 55% higher compared to the previous trading DiamondCorp in April.
In addition, as a result of direct selling diamonds in Johannesburg have been sold 1406 carats, and has previously been implemented separate stone weighing 8.7 carats, priced at $ 5,700 per carat.
"The demand for diamond products of all categories was good and all the lots put up for auction, managed to sell", - noted in DiamondCorp.
"The prices that were obtained for diamonds of all sizes are consistent with the April figures except for the cheaper product categories in which there was a slight decline in prices", - added to the company.
In DiamondCorp also said that in the last auction involved only one particular diamond, which weighed 12.47 carats. He went under the hammer for $ 5132 per carat. The sale of diamonds mined from kimberlite amounted to $ 686,306, the average price - $ 141 per carat.
Thus, the average price DiamondCorp diamonds since the beginning of 2016 amounted to $ 169 per carat against a baseline assessment of $ 164 per carat.
http://bridalpearlnecklace.blogspot.ca/
Rio Tinto is launching a new program to further reduce debt through the purchase of its bonds in the amount of $ 3 billion, the company said.
As part of the Rio Tinto program issued a notice of redemption of its dollar bonds maturing in 2017 and 2018 in the amount of approximately $ 1.5 billion. In addition, the company launched a tender offer to purchase for cash its dollar bonds maturing in 2019- 2022 is also worth about $ 1.5 billion.
it is noted that the launch of a new program of debt reduction has been made possible thanks to the strong liquidity position of the Group.
"Today's announcement is part of the realized capital management program Rio Tinto Group and follows the successful completion of the tender offers to purchase for cash bonds in the amount of $ 4.5 billion earlier this year," - said in a release.
In April, Rio Tinto has launched a program for the purchase of its bonds maturing in 2017 and 2018 in the amount of $ 1.5 billion. In June, the company also announced the purchase of its bonds maturing in 2018, 2020, 2021 and 2022 to $ 3 billion.
https://pearlgiftjewelry.blogspot.ca/
As part of the Rio Tinto program issued a notice of redemption of its dollar bonds maturing in 2017 and 2018 in the amount of approximately $ 1.5 billion. In addition, the company launched a tender offer to purchase for cash its dollar bonds maturing in 2019- 2022 is also worth about $ 1.5 billion.
it is noted that the launch of a new program of debt reduction has been made possible thanks to the strong liquidity position of the Group.
"Today's announcement is part of the realized capital management program Rio Tinto Group and follows the successful completion of the tender offers to purchase for cash bonds in the amount of $ 4.5 billion earlier this year," - said in a release.
In April, Rio Tinto has launched a program for the purchase of its bonds maturing in 2017 and 2018 in the amount of $ 1.5 billion. In June, the company also announced the purchase of its bonds maturing in 2018, 2020, 2021 and 2022 to $ 3 billion.
https://pearlgiftjewelry.blogspot.ca/
Finland's Karelian Diamond Resources PLC announced that it has identified a number of areas in the project Lahtoyoki (Lahtojoki), which may contain diamondiferous anomalies.
"The presence of additional potential diamond resources in the areas adjacent to the project Lahtoyoki can potentially increase the financial and technical fields attraction" - the company says.
Karelian Diamonds now working on obtaining the rights to the exploration of new areas, and in June of this year, she won the right to mine diamonds in the area.
Professor Richard Conroy (Richard Conroy), chairman of Karelian Diamonds Board of Directors, said: "I am pleased with the fact that the interpretation of geophysical data and kimberlite indicator minerals in the area around Lahtoyoki suggests the discovery of new diamond resources in the immediate vicinity of the famous diamond mine on the project . If we can confirm our assumption diamond mine project prospects in this sector will improve. "
http://royalpearljewelry.blogspot.ca/
"The presence of additional potential diamond resources in the areas adjacent to the project Lahtoyoki can potentially increase the financial and technical fields attraction" - the company says.
Karelian Diamonds now working on obtaining the rights to the exploration of new areas, and in June of this year, she won the right to mine diamonds in the area.
Professor Richard Conroy (Richard Conroy), chairman of Karelian Diamonds Board of Directors, said: "I am pleased with the fact that the interpretation of geophysical data and kimberlite indicator minerals in the area around Lahtoyoki suggests the discovery of new diamond resources in the immediate vicinity of the famous diamond mine on the project . If we can confirm our assumption diamond mine project prospects in this sector will improve. "
http://royalpearljewelry.blogspot.ca/
As reported by diamond dealers Sierra Leone diamond exports from the country amounted to 347,070 carats in the first quarter of 2016.
Chairman of the Diamond Dealers Club Federico Candiano (Federico Candiano) said in an interview to Rough & Polished, that in the reporting period, the country has earned in the export of rough diamonds $ 188.9 million.
At the same time, he said, about $ 145 million managed to get through licensing n field development and $ 43.9 million have been received from traders' licenses.
"In the second half of the year (2016), probably positive growth in diamond exports will occur due to the seasonal erosion of deposits", - adds Candiano.
In the last year exported diamonds for $ 154 million of Sierra Leone, which is 20% lower compared to 2014, adds diamantaire.
Diamond production in the country in 2015, has suffered greatly because of the outbreak of Ebola. Against this background, a number of mining operations were shut down, and investors have fled the country.
However, now the situation is changing for the better.
"Ebola is already in the past and investors are gradually returning," - he concluded.
http://pearlsgift.blogspot.ca/
Chairman of the Diamond Dealers Club Federico Candiano (Federico Candiano) said in an interview to Rough & Polished, that in the reporting period, the country has earned in the export of rough diamonds $ 188.9 million.
At the same time, he said, about $ 145 million managed to get through licensing n field development and $ 43.9 million have been received from traders' licenses.
"In the second half of the year (2016), probably positive growth in diamond exports will occur due to the seasonal erosion of deposits", - adds Candiano.
In the last year exported diamonds for $ 154 million of Sierra Leone, which is 20% lower compared to 2014, adds diamantaire.
Diamond production in the country in 2015, has suffered greatly because of the outbreak of Ebola. Against this background, a number of mining operations were shut down, and investors have fled the country.
However, now the situation is changing for the better.
"Ebola is already in the past and investors are gradually returning," - he concluded.
http://pearlsgift.blogspot.ca/
Foundation of the World Diamond brand (World Diamond Mark, WDM), a non-profit organization established by the World Federation of Diamond Bourses (World Federation of Diamond Bourses, WFDB ), has introduced a new website design for business representatives at www.worlddiamondmark.org
Speaking about the changes on the site, Alex Popov (Alex Popov), chairman of the WDM, said: "The new site WDM for representatives of the business community has a more intuitive structure it presents many of our achievements - the foundation of the World diamond museum (World diamond museum), marketing strategy, a survey of retailers opinions. And the World Diamond magazine. "
Christine Schuler-Kalman (Krisztina Kalman-Schueler), director of the WDM program, said: "Industry members can subscribe to our updates WDMonthly, to learn about the benefits of the program WDM Authorized Dealer (ADD), WDM Museum and much more."
Popov announced the launch of two new Web sites with domain names and passion.diamonds trust.diamonds in November-December this year. He added: "The new website for business representatives will create an absolute link between consumers and retailers, who joined the ADD program."
http://traditionpearlnecklace.blogspot.ca/
Speaking about the changes on the site, Alex Popov (Alex Popov), chairman of the WDM, said: "The new site WDM for representatives of the business community has a more intuitive structure it presents many of our achievements - the foundation of the World diamond museum (World diamond museum), marketing strategy, a survey of retailers opinions. And the World Diamond magazine. "
Christine Schuler-Kalman (Krisztina Kalman-Schueler), director of the WDM program, said: "Industry members can subscribe to our updates WDMonthly, to learn about the benefits of the program WDM Authorized Dealer (ADD), WDM Museum and much more."
Popov announced the launch of two new Web sites with domain names and passion.diamonds trust.diamonds in November-December this year. He added: "The new website for business representatives will create an absolute link between consumers and retailers, who joined the ADD program."
http://traditionpearlnecklace.blogspot.ca/
Top managers of the world-famous jeweler Tiffany & Co network visited companies "ALROSA" on a familiarization visit. The delegation headed by the vice-president and chief operating officer of the diamond division Tiffany & Co Bergketterom Michael (Michael Bergkoetter) continued familiarity with the production cycle of diamond mining.
The delegation, in particular, to visit the underground mine "International" pits "Nyurbinsk" and "Botuobinsky" at the processing plant in Nyurbinsky plant, as well as CSA "ALROSA".
"Social security and the protection of workers, compliance with environmental standards for" Tiffany "is vitally important. Social responsibility plays a key role at every stage of the creation of the existing chain of the diamond production ", - says the vice-president and chief operating officer of the diamond division Tiffany & Co Michael Bergketter.
An agreement on the supply of rough diamonds "ALROSA" for Tiffany & Co was signed in 2012. The company buys diamonds on long-term agreements through its subsidiary company Laurelton Diamonds.
Tiffany & Co, founded in 1837, is one of the "luxury" class of the world's largest retailers of jewelry and goods. Currently, under the Tiffany brand employs around 300 jewelry stores worldwide.
http://bridalpearlnecklace.blogspot.ca/
The delegation, in particular, to visit the underground mine "International" pits "Nyurbinsk" and "Botuobinsky" at the processing plant in Nyurbinsky plant, as well as CSA "ALROSA".
"Social security and the protection of workers, compliance with environmental standards for" Tiffany "is vitally important. Social responsibility plays a key role at every stage of the creation of the existing chain of the diamond production ", - says the vice-president and chief operating officer of the diamond division Tiffany & Co Michael Bergketter.
An agreement on the supply of rough diamonds "ALROSA" for Tiffany & Co was signed in 2012. The company buys diamonds on long-term agreements through its subsidiary company Laurelton Diamonds.
Tiffany & Co, founded in 1837, is one of the "luxury" class of the world's largest retailers of jewelry and goods. Currently, under the Tiffany brand employs around 300 jewelry stores worldwide.
http://bridalpearlnecklace.blogspot.ca/
Alrosa on the trading session in September raised diamond prices by an average of 1.5% for all customers, responding to the growing demand for individual items, reported "Interfax" the representatives of the two banks of the diamond monopoly.
For the domestic market prices increased by about 8%, said one of the interlocutors of the agency. Another said that, he felt, "ALROSA diamond price growth in September was not less than 7-7.5%."
Such a sharp increase in September, which traditionally is a period of silence in the market, caused abolition occurred 6.5% export duties for rough explained sides "Interfax". Vosmiprotsentny growth - a 6.5% export duty plus the total increase of 1.5%, one of them said. Duties, which ALROSA included in the price for overseas buyers, until recently put the internal market in privileged conditions. Now the conditions for all customers became equal.
Namely the abolition of duties is due to atypically high results and ALROSA sales in August, according to the company's customers. On Thursday, the company reported a growth in sales in August by 58% in annual terms (sales of $ 243 million). "Everyone knew that home prices will be raised, and in August was the last opportunity to buy at old prices, so many companies internal market stocked goods", - said one of the interlocutors "Interfax".
ALROSA has not commented on this information. A company representative said that the level of sales to the end of the year will remain at traditional levels, and ALROSA does not expect recession, despite the abolition of export duty.
https://pearlgiftjewelry.blogspot.ca/
For the domestic market prices increased by about 8%, said one of the interlocutors of the agency. Another said that, he felt, "ALROSA diamond price growth in September was not less than 7-7.5%."
Such a sharp increase in September, which traditionally is a period of silence in the market, caused abolition occurred 6.5% export duties for rough explained sides "Interfax". Vosmiprotsentny growth - a 6.5% export duty plus the total increase of 1.5%, one of them said. Duties, which ALROSA included in the price for overseas buyers, until recently put the internal market in privileged conditions. Now the conditions for all customers became equal.
Namely the abolition of duties is due to atypically high results and ALROSA sales in August, according to the company's customers. On Thursday, the company reported a growth in sales in August by 58% in annual terms (sales of $ 243 million). "Everyone knew that home prices will be raised, and in August was the last opportunity to buy at old prices, so many companies internal market stocked goods", - said one of the interlocutors "Interfax".
ALROSA has not commented on this information. A company representative said that the level of sales to the end of the year will remain at traditional levels, and ALROSA does not expect recession, despite the abolition of export duty.
https://pearlgiftjewelry.blogspot.ca/
Sales of specialty jewelers in the US fell in July, respectively, a decrease reported by the largest US jewelry retailers in the second quarter.
According to the US Census Bureau, during the month of sales fell by 2.2%, to $ 2.1 billion in retail outlets, realizing only jewelry and watches. The data do not include sales in the networks of department stores and other multi-channel retailers.
Company Signet Jewelers reported that same-store sales at its Sterling division, the largest specialty jewelry retailer in the country, which includes the network and by Jared Kay, in the reporting period (31 July) fell by 3.1%. The American jeweler Zale's network, which is also part of Signet, same-store sales fell 2.2%. Tiffany & Co reported a 9 percent drop in same-store sales in the Americas during the quarter.
Trading conditions were difficult, especially in volatile regions, said Mark Layt (Mark Light), Signet's CEO, in a teleconference with analysts on the occasion of the reporting output. He also noted that this year, on the minds of the average American influenced Britain's decision to leave the EU and the US presidential campaign.
http://royalpearljewelry.blogspot.ca/
According to the US Census Bureau, during the month of sales fell by 2.2%, to $ 2.1 billion in retail outlets, realizing only jewelry and watches. The data do not include sales in the networks of department stores and other multi-channel retailers.
Company Signet Jewelers reported that same-store sales at its Sterling division, the largest specialty jewelry retailer in the country, which includes the network and by Jared Kay, in the reporting period (31 July) fell by 3.1%. The American jeweler Zale's network, which is also part of Signet, same-store sales fell 2.2%. Tiffany & Co reported a 9 percent drop in same-store sales in the Americas during the quarter.
Trading conditions were difficult, especially in volatile regions, said Mark Layt (Mark Light), Signet's CEO, in a teleconference with analysts on the occasion of the reporting output. He also noted that this year, on the minds of the average American influenced Britain's decision to leave the EU and the US presidential campaign.
http://royalpearljewelry.blogspot.ca/
In Manhattan federal court entered a request for the Implementation of the decision of the international arbitration commission in excess of $ 100 million for the benefit of the Israeli diamond magnate Lva Levaeva, according to IDEX Online, citing US media.
An international team of qualified diamanters after the hearing decided in favor of the company LGC USA in a dispute with a former business partner of Leviev, Julius Klein Group.
Julius Klein Group contested decision, claiming that one of the three members of the arbitration panel was convicted of tax offenses in Belgium.
Julius Klein Group lawyers appealed to the court for a decision not to enter into force, however, Judge Endryu Karter, Jr. (Judge Andrew L. Carter Jr.) has agreed only to reduce the amount.
Reports say that the amount of the solution is much higher than $ 100 million.
http://pearlsgift.blogspot.ca/
An international team of qualified diamanters after the hearing decided in favor of the company LGC USA in a dispute with a former business partner of Leviev, Julius Klein Group.
Julius Klein Group contested decision, claiming that one of the three members of the arbitration panel was convicted of tax offenses in Belgium.
Julius Klein Group lawyers appealed to the court for a decision not to enter into force, however, Judge Endryu Karter, Jr. (Judge Andrew L. Carter Jr.) has agreed only to reduce the amount.
Reports say that the amount of the solution is much higher than $ 100 million.
http://pearlsgift.blogspot.ca/
Gem International announced its intention to publish privately 30 million securities worth $ 3 million, or $ 0.10 per unit.
The funds will be used by the company for the needs of working capital, as well as for the preparation of documents to resolve on a conditional agreement to acquire exploration project Dala (Dala) in Angola.
Dala project at an early stage of development and has the potential to detect both alluvial and kimberlite.
Each of the securities placed now will consist of one share and one right to purchase one additional share non-transferable. Resolution will act within two years from the date of its issuance, and stock price according to the resolution will be $ 0.20 per unit.
Last month, Gem International Resources reported that its operating partner of Global Gems International started the evaluation and production of diamonds of the priority areas selected as favorable for search of alluvial diamond deposits in the area of 3000 square meters. km license alluvial portion Dala.
As stated in the Gem International, on the project have been identified more than 30 high-priority areas. They include standard rock trap in drains of active clusters and river gravel, preserved in old bends and terraces.
Meanwhile, the company is in the process of studying the extensive database of exploration both alluvial and kimberlite deposits of the former owner of Dala concession. The company plans to get all the information that will be needed for the current operation.
The company has data on more than 900 alluvial areas, and extensive information on the exploration of kimberlites accelerate the possibility of setting priorities for the initial work areas.
http://traditionpearlnecklace.blogspot.ca/
The funds will be used by the company for the needs of working capital, as well as for the preparation of documents to resolve on a conditional agreement to acquire exploration project Dala (Dala) in Angola.
Dala project at an early stage of development and has the potential to detect both alluvial and kimberlite.
Each of the securities placed now will consist of one share and one right to purchase one additional share non-transferable. Resolution will act within two years from the date of its issuance, and stock price according to the resolution will be $ 0.20 per unit.
Last month, Gem International Resources reported that its operating partner of Global Gems International started the evaluation and production of diamonds of the priority areas selected as favorable for search of alluvial diamond deposits in the area of 3000 square meters. km license alluvial portion Dala.
As stated in the Gem International, on the project have been identified more than 30 high-priority areas. They include standard rock trap in drains of active clusters and river gravel, preserved in old bends and terraces.
Meanwhile, the company is in the process of studying the extensive database of exploration both alluvial and kimberlite deposits of the former owner of Dala concession. The company plans to get all the information that will be needed for the current operation.
The company has data on more than 900 alluvial areas, and extensive information on the exploration of kimberlites accelerate the possibility of setting priorities for the initial work areas.
http://traditionpearlnecklace.blogspot.ca/
The Executive Committee of the World Federation of Diamond Bourses (World Federation of Diamond Bourses, WFDB ) has discussed this week at a meeting in London, the main challenges facing the world diamond industry.
"Diamond companies, especially small and medium-sized firms that make up the bulk of our membership, can not easily get access to finance," - he said at a meeting of the WFDB President Ernie Blom (Ernie Blom).
According to him, available to the diamond dealers financing has significantly decreased in recent years, resulting in a reduction in operational flexibility and increased the vulnerability of the diamond market companies.
«WFDB seeks to actively solve the problem of reducing the funding of the diamond trade, including through the organization of a seminar on the financing and the round table during a meeting in January 2017 in Mumbai. We will invite representatives from a wide range of organizations, including banks, insurance companies and funds, so that they understand our needs and have seen that we are a well-organized industry that acting prudently, "- Blom said.
He said that as a long discussion about the impact of undisclosed synthetic diamonds mined by natural stones. "With that, they constitute a very small part of the overall market, we fear that undisclosed synthetic diamonds could undermine consumer confidence in our products and the industry as a result of this underground activity", - he said. WFDB Board pointed out in this connection, the importance of compliance charters organization affiliated binding diamond exchanges 30 disclose synthetic diamonds, natural diamonds and also subjected to treatment in order to improve their characteristics. Participants of the meeting supported the movement of young diamanters aimed at encouraging the younger generation of diamond dealers in the diamond and jewelry business.
http://bridalpearlnecklace.blogspot.ca/
"Diamond companies, especially small and medium-sized firms that make up the bulk of our membership, can not easily get access to finance," - he said at a meeting of the WFDB President Ernie Blom (Ernie Blom).
According to him, available to the diamond dealers financing has significantly decreased in recent years, resulting in a reduction in operational flexibility and increased the vulnerability of the diamond market companies.
«WFDB seeks to actively solve the problem of reducing the funding of the diamond trade, including through the organization of a seminar on the financing and the round table during a meeting in January 2017 in Mumbai. We will invite representatives from a wide range of organizations, including banks, insurance companies and funds, so that they understand our needs and have seen that we are a well-organized industry that acting prudently, "- Blom said.
He said that as a long discussion about the impact of undisclosed synthetic diamonds mined by natural stones. "With that, they constitute a very small part of the overall market, we fear that undisclosed synthetic diamonds could undermine consumer confidence in our products and the industry as a result of this underground activity", - he said. WFDB Board pointed out in this connection, the importance of compliance charters organization affiliated binding diamond exchanges 30 disclose synthetic diamonds, natural diamonds and also subjected to treatment in order to improve their characteristics. Participants of the meeting supported the movement of young diamanters aimed at encouraging the younger generation of diamond dealers in the diamond and jewelry business.
http://bridalpearlnecklace.blogspot.ca/
Lucapa Diamond Company announced that it has received $ 4.1 million from the sale of diamonds from its Lulo field (Lulo) in Angola.
The company owns the project with Endiama and Rosasa & Petalas.
The average price of diamonds sold amounted to $ 1868 per carat from the general party in 2209 carats.
As a result, total sales for the year to date amounted to $ 32.1 million.
The next sale of diamonds from the Lulo is scheduled for October. The company owns a 40 percent stake in the project.
Along with ordinary stones it will include mass of diamonds 104 and 172 carat extracted earlier in this month.
https://pearlgiftjewelry.blogspot.ca/
The company owns the project with Endiama and Rosasa & Petalas.
The average price of diamonds sold amounted to $ 1868 per carat from the general party in 2209 carats.
As a result, total sales for the year to date amounted to $ 32.1 million.
The next sale of diamonds from the Lulo is scheduled for October. The company owns a 40 percent stake in the project.
Along with ordinary stones it will include mass of diamonds 104 and 172 carat extracted earlier in this month.
https://pearlgiftjewelry.blogspot.ca/
Sotheby's has received $ 9 million in the auction Significant jewelry (Important Jewels), but it was not possible for the main Bidding to find a buyer.
Betting on a platinum ring with an oval diamond weighing 27.35 carats, D color VS2 purity did not reach the reserve price for the product. Believed in the auction house, the cost of decorations will be $ 2 - $ 2.5 million, or $ 91,408 per carat. At the same time, the highest bid on a prize anonymity.
The highest bid in the auction could fetch the ring by Bulgari sapphire cut "cushion" weighing 24.72 carats, surrounded by diamonds pear-cut diamonds with a total weight 9 carats. Product cost was $ 706,000 versus preliminary estimate of $ 250 000 - $ 350 000.
In addition, a platinum diamond ring weighing 10.10 cut-carat "Marquis" VVS2 purity with two baguette diamonds went under the hammer for $ 634,000, also beating the original estimate of $ 300,000 - $ 400,000.
http://royalpearljewelry.blogspot.ca/
Betting on a platinum ring with an oval diamond weighing 27.35 carats, D color VS2 purity did not reach the reserve price for the product. Believed in the auction house, the cost of decorations will be $ 2 - $ 2.5 million, or $ 91,408 per carat. At the same time, the highest bid on a prize anonymity.
The highest bid in the auction could fetch the ring by Bulgari sapphire cut "cushion" weighing 24.72 carats, surrounded by diamonds pear-cut diamonds with a total weight 9 carats. Product cost was $ 706,000 versus preliminary estimate of $ 250 000 - $ 350 000.
In addition, a platinum diamond ring weighing 10.10 cut-carat "Marquis" VVS2 purity with two baguette diamonds went under the hammer for $ 634,000, also beating the original estimate of $ 300,000 - $ 400,000.
http://royalpearljewelry.blogspot.ca/
As noted in the Kimberley Process (KP), Zimbabwe can regulate diamond mining in its sole discretion, and because the organization will not interfere in the decision to consolidate the diamond companies in the country.
Local newspaper Herald quoted KP chair Ahmed Bin Sulayem (Ahmed Bin Sulayem), who said that consolidation is an "internal affair" of the country.
"This is a situation that Zimbabwe decided to solve on their own, and the people of the country know what is best for them," - he said during his first visit to Zimbabwe.
"On our side, we will work on a solution that would allow CP and all diamond-producing countries to find out the value of the stones at the end of this month we will hold a workshop on the evaluation of diamonds." - said Bin Sulayem.
He added that he had held a fruitful meeting with President Robert Mugabe, but did not dwell on the details of it.
Bin Sulayem visited Marange diamond field (Marange) before meeting Mugabe.
After Zimbabwe KP Chair to visit Namibia.
http://pearlsgift.blogspot.ca/
Local newspaper Herald quoted KP chair Ahmed Bin Sulayem (Ahmed Bin Sulayem), who said that consolidation is an "internal affair" of the country.
"This is a situation that Zimbabwe decided to solve on their own, and the people of the country know what is best for them," - he said during his first visit to Zimbabwe.
"On our side, we will work on a solution that would allow CP and all diamond-producing countries to find out the value of the stones at the end of this month we will hold a workshop on the evaluation of diamonds." - said Bin Sulayem.
He added that he had held a fruitful meeting with President Robert Mugabe, but did not dwell on the details of it.
Bin Sulayem visited Marange diamond field (Marange) before meeting Mugabe.
After Zimbabwe KP Chair to visit Namibia.
http://pearlsgift.blogspot.ca/
In the second quarter of the financial year (30 September), the company Diamcor Mining diamonds sold for $ 1.2 million, an average of $ 141 per carat.
The company put up for tender and sold 8274 carats, 171% more than a year ago. Revenues amounted to $ 537,620 at the July tender and $ 629,318 at an auction in September, said Diamcor, who gets the diamonds from the mine Krohn-Endora (Krone-Endora) in South Africa.
Average prices for tenders in line with expectations and the company's "reflect the continued weakness in prices for certain categories of rough diamonds," the company said.
http://traditionpearlnecklace.blogspot.ca/
The company put up for tender and sold 8274 carats, 171% more than a year ago. Revenues amounted to $ 537,620 at the July tender and $ 629,318 at an auction in September, said Diamcor, who gets the diamonds from the mine Krohn-Endora (Krone-Endora) in South Africa.
Average prices for tenders in line with expectations and the company's "reflect the continued weakness in prices for certain categories of rough diamonds," the company said.
http://traditionpearlnecklace.blogspot.ca/
Total exports from Israel in the first six months of 2016 fell by 9%, to around $ 4 billion, but in the same period, exports of jewelery grew by 3%, to $ 340 million. This is evidenced by recent data of the Ministry of the Israeli economy.
During this period, Israeli exports characterized by a sharp increase in the supply of international services and falling exports.
The service sector in the country showed an increase of 13% in the first half of the year due to the expansion of high-tech industries, which currently takes in Israel 50 percent share of the total services sector.
Deliveries of production, at the same time, continued to fall, declining by 5.7%, to 2.8 billion. Exports of goods excluding diamonds and polished diamonds declined by 5.2%, to $ 2.4 billion.
http://bridalpearlnecklace.blogspot.ca/
During this period, Israeli exports characterized by a sharp increase in the supply of international services and falling exports.
The service sector in the country showed an increase of 13% in the first half of the year due to the expansion of high-tech industries, which currently takes in Israel 50 percent share of the total services sector.
Deliveries of production, at the same time, continued to fall, declining by 5.7%, to 2.8 billion. Exports of goods excluding diamonds and polished diamonds declined by 5.2%, to $ 2.4 billion.
http://bridalpearlnecklace.blogspot.ca/
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