There has been a recent increase in the local consumption of diamonds in India. Based on a report by the Economic Times of India, the domestic consumption of diamonds has doubled over the past three months. Diamonds are also bought for investment purposes, a trend which is new to India where gold was usually bought […]
Author Archives: Mr Lareef Samad
The 14th annual Paget Sound Bead Festival is said to take place from 10th to 12th of July 2009 at the Hotel Murano Bicentennial Pavilion- 1320 Broadway in Tacoma WA. An increase in attendance is expected because “beading is something that can fit every budget. Making jewelry is now more about fashion than about crafting” […]
According to a recent online survey by Shopittome. com that was conducted during the first week of June 10% of the 940 respondents who took the survey said they were spending on jewellery. 49 % were spending less on clothing and accessories online this year. However 16% were spending more than they were an year […]
The Treasures Exhibition in the Royal British Columbia Museum, which opened on 1st of May will go on till the 30th of September 2009. This exhibition of some rare and unique items from the British Museum is in its third stop at Victoria, its only North American stop. The exhibition has already been to China […]
Photo above -Exhibitors at the Yuvelir Vesna Show, courtsey NGJA. The National Gem and Jewellery Authority Sri Lanka (NGJA), in a recent press release has noted the opportunities for Sri Lankan gems in Russia. The press release was issued after the return of a delegation to Russia, comprising of an official of the NGJA and […]
Robbers got away with over $500,000 worth of high end watches in a daring daylight robbery at the Boyds store, Philadelphia on Thursday the 4th of June. The incident happened around 2:15 pm .Boyds is located at 18th Chestnut street. The robbery was carried out by four armed men who entered the jewelry store in […]
MineCore International in a recent press release has discussed the non gemstone sapphire market and mining. Sapphire (corundum) is aluminum oxide (Al2O3) . Lower grade sapphires which cannot be used as gemstones can be melted to produce wafers with purity greater than 99.9999%. These wafers can be supplied to the semiconductor and solar industries thereby […]
Photograph above: Ammolite gemstones. Copyright MineCore. MineCore International, one of the leading gemstone exploration company’s in the world has recently discussed about the rarest gemstone, Ammolite and its deposits in a press release. MineCore has access to the worlds only gem quality ammolite deposit located in Cananda. Ammolite gemstone is produced from the fossil Ammonite. […]
One of the worlds largest mining groups, Rio Tinto expects destoking of diamond stocks to end soon. However Rio Tinto noted that they are ready for further cutbacks if there is no inprovement in diamond sales. On Tuesday Brett Clayton, Rio Tintos Chief Executive for copper and diamonds said that they are cutting diamond production […]
In an effort to maintain world diamond prices, Russian diamond producer Alrosa will not flood the diamond market. Alrosa has been building up a stockpile of diamonds since the fall in diamond prices last year. Russia had been blamed for flooding the diamond market in the late 1990’s with rough (uncut) diamonds.This led to a […]