In a press release dated March 24, 2014, Christie’s auction house has announced the holding of its New York spring magnificent jewels sale on April 16, 2014, at its flagship Rockefeller Center salesroom. More than 250 lots will be on offer at this sale to be held in two sessions, the morning session beginning at […]
Author Archives: Dr Shihaan Larif
As a follow-up to the March 18th announcement by De Beers of the selection of five new sightholders, who would receive supply via an Intention to Offer (ITO) for the remaining 2012-2015 Supplier of Choice (SoC) contract period, based on the strong demand demonstrated by these non-sightholder businesses for De Beers rough diamonds via their […]
The inaugural Dubai Global Gem & Jewelry Fair (GGJF) jointly sponsored by the Gem & Jewelry Export Promotion Council of India (GJEPC) and the Dubai Multi-Commodities Center (DMCC) was declared opened today (Thursday, March 20, 2014) at Atlantis, The Palm Hotel, the venue of this international event, by Mr. Ahmed bin Sulayem, executive chairman of […]
The De Beers Group of Companies in a press release dated March 18, 2014, announced the qualification of five new sightholders for the remaining 2012-2015 Supplier of Choice (SoC) contract period. The companies selected are expected to be appointed formally before sight number four due to be held in May 2014. The De Beers’ modified […]
In a press release dated March 5, 2014, Gem Diamonds Ltd. the world’s leading producer of high-value diamonds, announced the sale of the two 160+ carat diamonds recovered from their Letseng la Terai mine in Lesotho at the end of January 2014. The successful sale took place at the Company’s end of February diamond tender […]
Reuven Kaufman, president of the New York Diamond Dealers Club (DDC) announced on February 28, 2014, as part of DDC’s commitment to open new trading opportunities for its members, DDC New York will for the first time take part in the Hong Kong International Diamond, Gem & Pearl Show to be held from March 3-7, […]
In a Press Release dated February 20, 2014 Lucara Diamond Corp. a member of the Lundin Group of Companies based in Vancouer, Canada and owner of the Karowe mine in Botswana and the Mothae mine in Lesotho, reported strong 2013 full year results, with a total revenue of $180.5 million from diamond sales that achieved […]
The Gems and Jewellery sector of India contributing to 6%-7% of the country’s GDP, and generating large scale employment and foreign exchange earnings has shown a decline in exports during the last 12 months, since the introduction of measures by the Government and the Reserve Bank of India to curb gold imports with a view […]
The GIA working in association with the World Federation of Diamond Bourses (WFDB), committed to enforcing its stand of “zero tolerance” in the non-disclosure of synthetic diamonds, offered its latest invention by its research scientists, the user-friendly DiamondCheck machine to all member bourses of the WFDB, free-of-charge, to enable them tackle this menacing problem and […]
London-listed Gem Diamonds Ltd. the leading producer of high-value large top-color diamonds in the world today, from its open-pit Letseng la Terai Mine, situated at Lesotho, announced on February 13, 2014, the recovery of two more large and exceptional diamonds at the mine towards the end of January 2014, each weighing around 162 carats. The […]