According to the provisional statistics pertaining to the exports of gems and jewellery for the period of July 2010 as compared to the same period last year, the overall exports of gems and jewellery at US$ 2,343.36 million (rupees 10,976.31 crores) in month of July 2010 is showing a growth of 40.44% (35.68% in rupees [...]
It’s time to say good bye to the 27th edition of India International Jewellery Show (IIJS) organized by the Gems and Jewellery Export Promotion Council (GJEPC) at NSE Grounds, Mumbai. The last four days have seen numerous beautiful jewellery pieces on display by companies across the globe. IIJS 2010 presented a wide range of [...]
Sarin Technologies launched its enhanced DiaExpert™ Nano rough planning and marking system with an extended range to cover a wider scope of small to medium sized rough diamonds. The previous model of the DiaExpert Nano system was designed for speed processing of rough diamonds between 0.01 and 0.30 carats, which Sarin concluded took less than [...]
Gemfields sponsored the sixth annual Retail Jeweller India Awards this year, which was held on August 22, 2010. The awards spanned 20 categories and honored some of the best, most innovative and ingenious efforts in jewelry design and marketing. This year a new category was introduced – The Jewellery Style Icon of the Year Award [...]
Rockwell Diamonds has recovered five large gemstones from its Holpan, Klipdam and Saxendrift operations in South Africa. The new recoveries bring the total number of rough diamonds found, of 50-carats or greater, to 11 during this current fiscal year of 2011. At the Holpan operations, Rockwell recovered a 136-carat clean white (H to I), [...]
PRESS RELEASE, August 30, 2010, Mumbai: Martin Rapaport addressed the issue of human rights and the diamond industry in a keynote address on August 25, 2010 at the Taj Mahal Hotel in Mumbai, India. Rapaport emphasized the need for the diamond and jewelry industry to establish realistic sourcing standards based on sustainable legal and ethical [...]
The Diamond Manufacturers & Importers Association of America (DMIA), through its attorneys Boni & Zack, Kohn and Swift & Graf and Ben Kinzler, its general counsel, filed an amicus brief on behalf of its membership in the case commonly referred to as the $250 million De Beers Settlement Case. After the brief was filed, the [...]
Pieter Andries Jewelers selected Internet hosting and marketing firm i5 web works to create its new website, implement search engine optimization and develop social media presence. Pieter Andries Hye, company president, said that i5 web works was chosen for its expertise in elevating search rankings. Both companies are based in the Dallas-Fort Worth area. [...]
U.S. consumer sentiment fell slightly in August to 53.5 points according to The Conference Board Consumer Confidence Index. One year ago the measure was 54.5 points. The Present Situation Index fell half a point to 24.9 and the Expectations Index dropped to 72.5 points from 73.8 points in August 2009. Lynn Franco, director [...]
The Diamond Trading Company (DTC) August sight closed at an estimated value of $540 million as prices and assortments were remained relatively stable for the month. Sight participants reported that De Beers supplied some ex-plan, the majority of which went to sighs in Botswana and South Africa. Most sight participants that spoke with Rapaport [...]