Archive for Diamonds
Taj Mahal Diamond Pendant comes up for sale at a Christie’s New York Auction
The Taj Mahal Diamond and jade pendant, with a history of nearly 400 years, designed and created during the reign of Mughal Emperor Jahangir Shah, by jewelry craftsmen of the Mughal period, is due to come for sale on December 13, 2011, at a Christie’s special evening sale to be held at the Rockefeller Plaza, New [...]
Surat Diamond Community Lobby For International Airport
According to a report by the ‘Times of India’, the Surat diamond community has requested the officials of the Gujarat state government to provide an International Airport. The diamantaries believe that an international airport would facilitate export and import of rough and polished diamonds. Surat is the worlds largest diamond cutting and polishing center. About 80% of the worlds [...]
Olympia Diamond Exhibit to be Extended
The Olympia Diamond Collection has been on exhibit since September 2009 at the American Museum of Natural History. The exhibit which was initially scheduled to round up by February 2010 has been extended, until further notice. The exhibit is showcased at the Morgan Memorial Hall of Gems of the AMNH. The AMNH receives over 4 [...]
Alrosa to Supply Indian Diamond Manufacturers
Alrosa, the Russian diamond mining giant has signed a three year deal with Indian diamond manufacturers. The three year supply deal with three of India’s leading diamond manufacturers, Rosy Blue, Ratilal Becharial and Diamond India Ltd. was signed in New Delhi. The deal signed amounted to US$ 490 million. In 2009 Alrosa sold US$ 500 [...]
Diamond Engagement Ring Prices
A recent article by Idex Online highlights some important facts relating to the current prices and sizes of diamond engagement rings. 98% of diamonds in the United States are sold set in jewelry, while only 2% are sold as loose diamonds. approximately 48 million diamond pieces are sold per annum. A upper-end jeweler (Guild jeweler) [...]
De Beers Opens Private Conservation Land For Tourists
De Beers opened 250, 000 ha of cross-regional private conservation land called the Diamond Route to tourists. The private land is owned by De Beers Group and the Oppenheimer family. The environmental conservation and tourism project brings into light not only the diamond-mining features of South Africa but also the cultural and historical aspects of [...]
Zale To Sell Jewelry Stocks For Cash
Zale Corp is asking its suppliers to purchase some of its jewelry in its inventory for cash. In exchange for the purchase the company is providing a pledge of future orders. However several retailers and merchants have already signaled their reluctance to agree to the proposal. According to the Wall Street Journal, Zale’s Chief Merchandising [...]
5 New Tenants For The International Gem Tower
The 5 new companies to sign up as tenants in the International Gem Tower, New York when completed include Malca-Amit, Dalumi Diamonds, Sahr Atid Diamonds, Yerushalmi Bros. Diamonds and Yondor Diamonds Ltd. Malca-Amit is a logistic services company for the gem and jewelry industry worldwide while the other four companies are Israeli based diamond firms. [...]
India’s Diamond and Jewelry Exports Up 45% in December
According to Bloomberg, there has been a 45% increase in the exports of diamonds and jewelry from India in December 2009, compared to December 2008. According to the Gem and Jewellery Export Promotion Council (GJEPC), the income from exports was US$1.89 billion, up from US$ 1.3 billion during the same period an year earlier. The [...]
U.S Retail Sector Improves During The Hoilday Season
Retail sales in certain sectors have shown improvement year over year during the holiday seas. This was made public according to a survey report by MasterCard Advisor’s SpendingPulse. During the period of the survey from Nov 1st through Dec 12th sales have improved in some key sectors such as jewelry, e Commerce, electronics men’s apparel [...]