Zimbabwe Diamond Tender Concludes; Sales of US$ 28 Million, Average Price US$ 67 per...
The Zimbabwe Consolidated Diamond Company (ZCDC) has concluded Sales Tender 3, selling 423,066 carats for US$ 28.3 million, the country’s Mines minister Winston Chitando told the media at a recent press conference. The average...
NSE creating own quality standard for gold for delivery
The National Stock Exchange (NSE) is attempting to create its own quality standard for gold bars made by local refiners to be delivered on its commodity segment. It is currently awaiting results of a...
Parify sells 50% of shareholding as co-founder steps away from business
Andy Twigg has announced the sale of his 50% shareholding in Parify Group Ltd to Scot Walker, effective 25th October 2019.
Having spent over 20 years at boardroom level in the corporate world with...
World Record for Watch with 17,524 Diamonds
An Indian jeweler has set a world record with a watch made of 17,524 natural hand-cut diamonds.
Renani Jewels, in Meerut, Uttar Pradesh, has been recognized by Guinness World Records for its Srinika bracelet timepiece,...
Amazon to close domestic marketplace business in China
Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts on its more lucrative businesses selling overseas goods and cloud...
Former Harriet Kelsall apprentice receives Goldsmiths’ Company Apprentice of the Year award
Will Lander, the former apprentice to Harriet Kelsall, has been awarded the Goldsmiths’ Company Apprentice of the Year award.
Presented by prime warden Michael Prideaux, Lander’s skill, attitude and commitment were recognised at the Goldsmiths’...
Retail mogul Mike Ashley steps in to save House of Fraser for £90m
It’s been confirmed that Mike Ashley’s Sports Direct chain has stepped in to save House of Fraser, acquiring all its UK stores, the brand and all stakes in the business for £90m.
The retail tycoon...
GJEPC Refutes Reports on Discontinuation of Supply of Duty Free Gold by Nominated Agencies...
The Gem & Jewellery Export Promotion Council (GJEPC) today issued a statement countering and refuting media reports on discontinuation of supply of duty free gold by nominated agencies to the export community.
The reports began...
ALROSA November sales of rough and polished diamonds reached $274.0 million
ALROSA, the world leader in diamond production, announces diamond sales results for November and eleven months of 2018.
In November, ALROSA Group sold $274.0 million worth of rough and polished diamonds (-18% YoY). Rough diamond...
The 64th Bangkok Gems & Jewelry Fair Welcomes Buyers and Visitors Pushing +1% Export...
The Ministry of Commerce’s Department of International Trade Promotion (DITP) is opening its doors to the 64th Bangkok Gems & Jewelry Fair with Deputy Prime Minister and Minister of Commerce (Mr. Jurin Laksanawisit) presiding...
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