Diamond market
sentiment weakened in March as the Hong Kong and Basel shows failed to
boost trading activity. Diamond manufacturers maintained lower levels of
polished production. read more
Friday, 3 April 2015
Antwerp Diamond Bank gets extension
The Antwerp World
Diamond Centre (AWDC) made several announcements and presentations to
the Antwerp diamond trade regarding the withdrawal of Antwerp Diamond
Bank (ADB) from the market.
read more
GIA to offer 125 scholarships worldwide for its Fall 2015 gemology jewellery manufacturing courses
The Gemological Institute of America (GIA) is offering 125 scholarships
worldwide for its fall 2015 gemology and jewellery manufacturing arts
programs, courses, and lab classes.
read more
Thursday, 2 April 2015
Quote of the day 2nd April 2015
“Too much money goes to the mining
companies who deny profits to distributors and retailers. At the end of
the day, rough diamond prices must come down to the extent that diamond
manufacturing and marketing is once again a profitable activity.”
Martin Rapaport, Chairman, Rapaport Group
High rough prices hurt the diamond industry
Confusion among the
leaders and market makers of the diamond industry is contributing to the
lack of confidence among all the industry sectors. The industry is
hearing contradictory statements about the near future read more
Gold seizure at Mumbai airport sees 173 per cent jump last fiscal
The Chhatrapati
Shivaji International Airport (CSIA) has seen a 173 per cent jump in
gold seizures by Customs officials in financial year 2014-15 from fiscal
2013-14, with 943 kgs of gold having been seized. read more
New foreign trade policy unveiled; few positives for the jewellery sector
The government
unveiled a five-year plan for lifting India's exports in a policy that
seeks to make the country a bigger player in global trade by doubling
overseas sales to US$900 billion by 2019-20 while giving a boost to the
Make in India initiative. read more
Subscribe to:
Posts (Atom)