Amazon Australia Launch Imminent Say Analysts
Retailers across Australia have been anticipating the arrival of e commerce giant Amazon for several months. It now seems apparent that they will be launching as early as October, giving them time to exploit...
GJEPC Welcomes GST Council’s Decision Harmonising GST rates for Import of Rough Diamonds
The GJEPC has welcomed the decision of the GST Council to harmonise rates for import of rough diamonds across all HS Codes, thus reducing the GST on the industrial and unsorted diamonds category from...
Lucapa Earns US$ 7.4 Million from 7th Sale of Lulo Rough in 2017
Lucapa Diamond Company has announced that the seventh sale of alluvial diamonds from the Lulo mine this year has generated gross proceeds of US$ 7.4 million, taking gross proceeds from Lulo diamond sales to...
Gold Price Near 12 Month High on Renewed Political Tensions, Economic Uncertainity
Global gold prices soared to near US$ 1340 per ounce during trading on Monday, Sept 4, a little below the US$ 1349 per ounce recorded in early September 2016 as political tensions intensified following...
ALROSA Holding Auctions of Rough and Polished Diamonds on Sidelines of the EEF
On September 6 and 7, ALROSA is holding two auctions for the sale of both, rough and polished diamonds, on the sidelines of the Eastern Economic Forum (EEF) currently being held in...
CIBJO President Discusses Methods of Responsible Sourcing During visit to Colombia
On a recent visit to Colombia, CIBJO President Gaetano Cavalieri held wide-ranging discussions with representatives of the country's government and industry on methods for responsible sourcing of coloured gemstones, which included possible alternatives that...
Bonas to hold major gem tender at Sept Hong Kong Fair
UK-based tender house Bonas is holding a one-off clearance sale of polished coloured gemstones with a total weight of 200,000 carats at the September Hong Kong Jewellery & Gem Fair.
The exceptional pieces...
Change of Guard at Ministry of Commerce & Industry, GoI
The recent Cabinet reshuffle by the Hon’ble Prime Minister Shri Narendra Modi has seen a change of guard at the Ministry of Commerce & Industry (MoC&I). It was this ministry which set up The...
Rembrandt Charms Offers Housing to Jewelers Hit by Harvey
Williamsville, N.Y.--Rembrandt Charms is reaching out to retail jewelers affected by Hurricane Harvey.
The New York state-headquartered company is offering temporary housing and work for those displaced by the deadly storm that devastated parts of...
Macau reports solid growth in Q2 jewellery sales
Macau’s retail sales of watches, clocks and jewellery registered a strong year-on-year growth of 25.1 percent in the second quarter of 2017, reaching MOP 3.19 billion (around US$395.42 million), the Statistics and Census Service...
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