Alrosa, the Russian diamond miner sold $676.24 million worth of rough diamonds to Gokhran, the Russian precious metals and gemstone repository according to Interfax. These large scale sales of rough diamonds to the repository has been fueled by the limited sales of rough diamonds to the market due to the economic downturn. Alrosa announced on […]
Author Archives: Mr Lareef Samad
According to the National Jeweler two Indian companies were recognized for excellence in the areas of human resources and exporting. India’s Gem and Jewellery Export Promotion Council (GJEPC) has awarded Sanghavi Diamonds for the biggest importer of cut and polished diamonds into the United States for the fiscal year 2008-2009. Sanghavi Diamonds had received the […]
Over 100,000 online voters participated in the selection of the new setting for the Hope Diamond from the 18th of August to the 7th of September. The voters had to select one out of three settings designed by Harry Winston. The three settings were named Journey of Hope, Embracing Hope and Renewed Hope. Journey of […]
A gang smashed and stole a briefcase full of diamonds from a diamond brokers car. It is described as the three minutes that changed his life .The diamond broker Peter Kaplan, who is from New Port, North Carolina just arrived at Albuquerque, New mexico where he and his wife stopped briefly at a restroom when […]
The National Gem and Jewellery Authority (NGJA), Sri Lanka has received a large order of about 700 blue sapphire and rubies from Russia. The Chief Deputy Director of the Russian Finance Ministry, Mr Andre N. Katepow had inquired about the purchase of the gemstones from the National Gem and Jewellery Authority. Since the onset of […]
Campbell Bridges, a renowned Scottish gemstone miner and expert was killed in Kenya by an armed gang on Tuesday the 11th of August. Bridges was ambushed and attacked by a group of about 30 men when they were approaching their mining camp. At the time of the attack Campbell Bridges was accompanied by his son, […]
A new diamond sealing service has been launched by the Gemological Institute of America (GIA). The launching of the service was at the 26th IIJS (India International Jewellery Show). Donna Baker, the CEO and President of the GIA and Nirupa Bhatt made the announcenent at the show. Nirupa Bhatt is the managing director of GIA […]
Despite the economic downturn, sales of jewelry for special occasions such as wedding, engagement and anniversaries has remained relatively stable or in some cases even increased. Suresh Hathiramani, the vice-president of the Singapore Diamond Exchange told the Malaysian Insider that “Relationships matter even more now. More people are tying the knot. The last six to […]
Forfeited jewelry auctioned off. The auction was carried out by the US Marshals service and it is known as the U.S. Marshals Service national forfeited jewelry auction which takes place every 4 months in a different city. The auction which was held at Austin Texas on Saturday 1st August 09 was also attended by two […]
Su-raj Diamonds and Jewelry (UP 20%) First fiscal quarter sales ending June 30th 2009 by Su-raj Diamonds and Jewellery was up by 20% to $143.5 million (INR 6.86 billion). There was a corresponding increase in profit to $2.5 million (INR 121.7 million), according to a note the company sent to the Bombay Stock Exchange (BSE). […]