The National Gem and Jewellery Authority staff donate 30,000 bottles of drinking water to the internally displaced civilians in the north Photos courtsey: NGJA The staff of the National Gem and Jewellery Authority donated 30,000 bottles of drinking water to civilians fleeing from the fighting in the North on April 27th 2009 The Presentation of […]
These are photographs from the taken at the Shanghai Jewellery Show, held from 13th- 16th May 2009 (Photo Courtsey National Gem and Jewellery Authority).
The formation of the new diamond promoting organization “The International Diamond Board” has been announced. According to JCK online this was made public by a press release distribution by the mining group “Rio Tinto”. The formation of the International Diamond Board was recommended by an industry working group that originated from the St Petersburg forum […]
According to a press release by the diamond dealers club of South Africa fraudulent certificates has been identified and verified by both laboratories.The certificated accompany undisclosed high pressure-high temperature (HPHT)-treated stones. On Wednesday, that is a day after the announcement of fraudulent certificated by the diamond club of South Africa the Jewellery Council of South […]
In the second quarter of 2009 the prices of rough diamonds strengthened at the Letseng Mine in Lesotho according to Rapaport diamond news. In the second quarter the average price per carat for Letseng Diamonds is $1,496- up 47% compared to the average price per carat in the first quarter of 2009. However this price […]
In the USA, consumer price index (CPI) for jewelry edged up nearly 1% in June. according to statistics provided by the Bureau of Labor Statistics (BLS). The reference point for this index is the average prices in 1986 which is set at 100 points. The index for June rose 0.9% higher (Watch and Jewellery category) […]
Photo above, Matthew A Runchi- President and CEO of Jewelers of America. The trade association for fine jewelry retailers in USA, Jewelers of America (JA) has announced a partnership for educational purposes with the Diamond Council of America (DCA). This partnership will provide JA members special access to DCA education and membership. According to a […]
The shares of the online retailer Blue Nile NASDAQ:NILE were up on Tuesday after Citigroup upgraded the company from ‘hold’ to ‘Buy’. The shares soared by up to 11%. Analysts say that improving polished diamond prices contributed to a better second quarter. There was also improvement in the rate of decline of revenues. What makes […]
Despite the weak demand and falling prices of rough diamonds this year De Beers is expecting to make a profit. According to rapaport news De Beers is hoping to cut $1.5 billion in operational and capital costs which would help their bottom line. De Beers also scaled down its production of rough diamonds by 91% […]
In an effort to promote Botswana diamonds in the United States of America, the American actress Kim Kardashian is to visit Botswana. According to the head of De Beers in Botswana, Sheila Khama, she will be one of the participants in the diamond forum – a group helping to promote diamonds from Botswana. Other prominent […]