26 arrests were made in France in connection with the multimillion dollar Harry Winston Jewelry robbery that took place on December 2008. Police also recovered stolen rings, watches and necklaces and 250,000 euros in cash. Investigators were monitoring the suspects for many months. The investigators learnt that some foreign nationals were due to arrive to […]
Author Archives: Shereen Lareef
Rand Diamonds a sightholder and a subsidiary of the U.S luxury retailer Tiffany and Co. will go ahead with plans to expand in Botswana despite the economic recession. This was disclosed on Mmegi Online. Vice President of Tiffany James Fernandez, during a visit to Botswana last week noted that there was no plan to reconsider […]
Indian based Flawless Diamonds Limited received two orders worth USD 2.28 million USD. The company notified the Bobbay Stock Exchange (BSE) about the orders. The company beleives that gold, jewelry and diamond markets have started to revive. The first order came from Hong Kong based Malay Impex, worth US$ 1.2, while the second order came […]
Meyer Hack, a 95 year old survivor from the Auschwitz Nazi death camp donated jewelery he collected from the clothes of Jews who were killed to the Yad Vashem Holocaust Memorial at Israel. Meyer Hack, who now resides in Boston handed over eight pieces of jewelry to the Holocaust Museum on Monday.The jewelry items consisted […]
Gitanjali Group, an Indian based jewelry manufacturer and retailer is to increase its outlets in China from 40 to over 100 in the next three years. Gitanjali also employs over 4000 people at two diamond and jewelry manufacturing facilities in China. According to the Indian Express, Mehul Choksi the Chairman of Gitanjali Group said ” […]
Photo above: Dr Dietmar Schwarz, Research Manager, Gubelin Gemological Laboratory. The Gemological Institute of America (GIA) Thailand has announced that it will hold its 25th gemstone gathering on the 24th of June 2009. The presentation “Colored Gemstones- Mines and Market” will be presented by Dr Dietmar Schwarz, Research Manager Gubelin Gemological Laboratory. The presentation will […]
The Botswana government is set to receive a US$ 1.5 Billion loan from the African Development Bank (AfDB). According to Bloomberg this money will be used to fill part of the budget deficit for the year 2009/2010, said an e-mail statement from the Tunisia based bank . The U.S $ 1.5 billion loan is the […]
Chairman of the Rapaport Group, Martin Rapaport delivered his keynote “State of the Diamond Industry” at Breakfast 8.am to 10 am on Monday 1st of June at the Annual Rapaport Breakfast and Conference held in the San Palo Ballroom, level 3 ,Venetian Hotel, Las Vegas. At this years meeting Rapaport touched on buying diamonds on […]
The Gemmological Institute of America (GIA) has joined the membership of the Responsible Jewelry Council (RJC), according to a press release by the RJC. The GIA is the worlds leading authority on colored stones, diamonds and pearls. The RJC is a non-profit organization with over 100 member companies from diamond and jewelry sectors around the […]
Louis Selekane, the chief executive officer of the South Africa Diamond Regulator died in a car crash in Diepsloot , near Johannesburg on Saturday. According to The Times (South Africa) ,Netcare 911 spokesman Mark Stokoe said that he was on his way back to Diepsloot from Midrand in a large Volkswagen Audi when the accident […]