Online business services provider Ideal Diamond Solutions filed Chapter 11 yesterday in Brooklyn, New York. A meeting of creditors will take place on November 29. The company listed liabilities of $100,000 to $500,000 and assets of less than $100,000. As of press time, their website portfolio list was “under construction” and their blog had [...]
According to the provisional statistics pertaining to the exports of gems and jewellery for the period of July 2010 as compared to the same period last year, the overall exports of gems and jewellery at US$ 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 [...]
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 news that a company is being set up in Surat to buy rough diamonds on behalf of Indian manufacturers should sound alarm bells for the rest of the trade. The local press reported this week that a company called Surat Diamond Sourcing India has been established to source diamonds directly from mining firms across the [...]
Anjolee.com is offering its Timeless Dreams Tennis Bracelet today. The bracelet is part of the Diamond Dreams collection and features a classic, four-prong setting and round diamonds. What makes the piece so unique is the nearly invisible prong setting and lack of a gap between the links, creating a look of a seamless strand of [...]
Strong business activity continued during the weekend at the India International Jewellery Show (IIJS) in Mumbai even if buyers were showing some resistance on prices. Most exhibitors that spoke with Rapaport News were satisfied that the show at least met their expectations. “It has been a very good show and the traffic was better than [...]
The RBS SOLITAIRE Design Awards were held at the Grand Ballroom, Grand Hyatt, on 21st August, 2010. Here is the list of winners. Formal Wear Winners SANGAM CHAINS — (FIRST PRIZE FORMAL WEAR) Moksha The gold and onyx ring takes us back to Bodh Gaya during the time when Lord Buddha (depicted here in black [...]