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 […]
Diamond studded accessories are becoming popular in the Indian diamond city of Surat. With the grip of the recession loosening leading to prosperity, they want everything in their life to glitter like diamonds. According to the commodity online and the Times of India, you can get diamond studded pen drives, crockery, leather belts, cell phones, […]
Surat the diamond city of India is thriving once again. The Indian diamond cutting center located in the state of Gujarat was severely affected by the global economic downturn because diamonds are luxury goods which are the worst affected during any recession. It is widely believed that the rapidly growing economies of the Middle East, […]
The Government of Zimbabwe lost a three year long legal battle with African Consolidated Resources (ACR) Plc , a British registered company for the control of the Marange diamond fields. The High Court ruling which was issued on Thursday is considered to be a landmark ruling. The ruling could have serious implications for the government […]
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 […]
The world’s third largest mining company, the Rio Tinto Group is to resume work on its expansion plans at the Argyle diamond mine next year. The resumption of the expansion plans follows recovery in the global jewelry demand. According to the Chief Operating Officer, Kevin McLeish, underground production at Argyle, the world’s largest diamond mine […]
Harry Winston posted a loss in the second quarter due to reduction in demand for diamonds and a drop in diamond prices. However the prices of diamonds have rebounded from the first quarter. The Q2 loss was $0.32 per share (One year before they had a profit of $0.81 per share. Harry Winston has a […]
About 20 lots of some small diamonds and gemstones are to be auctioned by the U. S. Department of Treasury on September 23rd 2009. VSE Corporation and Rick Levin & Associates, Inc. is to conduct the auction on behalf of the U.S. Department of Treasury. Other participating agencies include U.S Custome and Border Protection, U.S […]
Here are the photo highlights of the opening ceremony of the “Facets Sri Lanka” 19 International Gem and Jewellery Show. Click on each photo to enlarge
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 […]