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  Indian Hallmaking of Gold Still Voluntary
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    The Government of India proposes to make amendments to the Bureau of Indian Standards Act (BIS Act, 1986) with regard to hallmarking of precious metals and jewellery, including gold, but will not immediately move towards making the scheme mandatory, Consumer Affairs Minster Ram Vilas Paswan said at a meeting in Delhi with BIS officials and other stakeholders....................

 
   
  February International diamond Week
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    The Israel Diamond Exchange (IDE) is invitting members of its 29 sister diamond bourses affillated to the World Federation of Diamond Bourses (WFDB) to take part in the February 8-12, 2015 Winter edition of the International Diamond Week...........................

   
  Sarine Centre in NY Diamond District
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     Sarine North America, Inc., a wholly-owned subsidiary of Sarine Technologies Ltd., has opened a service centre for Sarine Loupe diamond Imaging at its offices in New York's Diamond District...........................

 
   
  Pantone 18-1438 Marsala is 2015 Colour of the Year
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     Pantone has announced its pick for colour of the year for 2015 - and it's Pantone 18-1438 Marsala, a "naturally roburt and earthy wine red.".........................
 
   30 Carat Sapphire Ring at Auction
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   A 30 carat sapphire and diamond ring by French jeweller Jean Schlumberger was the star lot at last month's fine jewellery and watch sale at Dreweatts & Bloomsbury Auctions is London; reaching $185,000 before the hammer fell.................

 
  Gemfields $4.3m Ruby Auction
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    Gemfields is celebrating the success of its recent high quality rough ruby auction, citting an sales of $43.3 million - the highest ever value achieved at a Gemfields auction...............
 
   
  Malaysia Diamond Market
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   The Malaysian diamond market is at a turning point. "Last year, Malaysia, which is particularty fond of gold, saw its diamond demand increase," says Ari Epstein, CEO of the Antwerp World Diamond Centre. Malaysia's economic instability and fluctuating gold prices, however, remain a challenge for evolution of the diamond trade. Malaysians are accessorizing with necklaces, earrings, rings and bracelets. Howver, out of fear of being robbed, Malaysian tend to wear fashion jewellery instead of luxury pieces.................

   
  Alrosa, Botswana Diamond Stratery
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    Botswana Diamonds formed a 50/50 joint venture with Alrosa, the world's largest rough diamond producer by volume, In August 2013. The objective was to utilise Alrosa's technological expertise to idenifity high potential targets from Botswana Diamonds extensive database. Alrosa owns 17 producing mines. Which produced 37 million carats in 2013 or about 26 percent of the entire world's production. The Russian diamond company also had a highly successful exploration record......................

 
   
  Gemfields Emerald Auction Nets $ 34.9 m
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     Coloured gemstone producer Gemfields pic announced that it generaled $34.9 million in revenues - the second-highest achieved at any higher-quality auction - in its sale of predominanity higher-quality rough emerald from the Kagem emerald from the Kagem emerald mine, held in Lusaka, Zambia from November 13 to 17........................

   
  Csarite Inspires Jewellery Designers
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     A diverse group of designers are creating a collection of one-of--a kind designs on the gemstone Csarite®, Initiated by Erics Countery and The Courtney Collection®, this new collection is scheduled to launch at the Tucson gem show......................
 
   
 
  Gemfields Recover 40-Carat Ruby
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     Gemfields recovered a 40.23-carat rough ruby at the Montepuez deposit in Mozambique. Given the significance of this stone, Gemfields commited to follow the gemstone from mine to market and its ultimate home. The gem was appraised in advance of Gemfields' December ruby auction in Singapore by the Gubelin Gem Lab in Switzerland.................

 
  Diamond Financing Not for DTC
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    During a meeting entitled "Bankers Executive Briefing', in which Howard Davies, head of the Commercial Department at the DTC, presented an overview of the De Beers business, he explained that the company would not be entering into the arena of diamond industry financing.........

 
  World's longest Gold Chain
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    Dubai is atteming to to set a world record by making the world's longest gold chain, weighing 180 kg and spanning across 5 kilometres. The chain will be dubbed as the 'Dubai celebration Chain"............

   
  India Clarifies Diamond Situation
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    Closure of the Antwerp Diamond Bank and news articles starting diamantaires offer discounts of 5%-20% is not only false but also baseless with news being reported without substantial understanding of the functionary guidelines of bank's trade with the diamond industry and without pertaining to the issue............
 
  Alrosa Reopens Dubai Sales Office
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     Alrosa suspended its Arcos East sales office at the Dubai Multi-Commodities Centre (DMCC) during the reopen the sales office last month was in response to the rapid grownth of Dubai as the world's diamond trading centre. The trading platform at the DMCC wil contribute to strengthening the company's presence in the United Arab Emirates. By holding auctions and working with clients directly in the region, Alrosa can stay on top of current market conditions and make forecasts for rough diamond prices...............

   
  Chow Tai Fook Eyes Diamond Mines
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     Chow Tai Fook Jewellery Group Ltd., the world's largest publicly traded jeweller, is checking out the purchase of stakes in diamond mines in order to secure long-term supply of gems as demand in China for diamonds grows.....................
 
   
  Chow Tai Fook Celebrates 85 Years
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   Chow Tai Fook Jewellery Group Ltd., collectively with its subsidiaries, a world-class leading jeweller with 85 years of heritage stagged its finale anniversary celebration with a special exhibition, hosted by Dr. Henry Cheng, the group's chairman, and jointed by managing director Kent Wong as well as executive directors Adrian Cheng, Conroy Cheng, CHan Sai Cheong, Peter Suen and Hamilition Cheng, at the China Art Museum in Shanghai..................

 
   Hearts On Fine New 'Fire' Collection
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   Platinum Guild International (PGI) recently launched Evara Platinum Blessings for the Indian bridal market, seen as an opportunity for dual giftling for the modern bride and the groom from the parents, in-laws or from the elders in the familly , who wish to bless the couple..................

   
   World Diamond Conference Optimistic
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   India's Gem and Jewellery Export Promotion Council in association with the Ministry of Commerce and Industry, and the World Diamond Mark Foundation organized the World Diamond Conference in New Delhi on December 11 and 12, 2014. The two day conference saw industry leaders participating from all across the world. H.E. Viadimir Putin, Hon. President of the Russian Federation and Shri Narendra Modi, Prime Minister India attended the inaugural function on December 11, 2014.................

 
   India Eases Gold Import Rules
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   In a move that will likely be celebrated acrooss the industry of India, the Indian government dissolved the 80:20 gold import scheme, thus freeing up incoming shipments of gold for the wedding season..................

   
   Singapore Banks Eye Diamond Financing
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   The Antwerp World Diamond Centre (AWDC) recently held a business-to-business event to bring together the Antwerp and Singapore diamond industries and organized a seminar on diamond financing for the Singapore banking community. First Gulf Bank PJSC, CTBC Bank Co., Ltd., Deutsche Bank AG, Union Bancaire Privee, UBP SA Singapore Branch and Indian Overseas Bank were among the banks attending the seminar which featured discussions on the current state and the future of diamond financing..................

   
   WDC Calls for Unity in Industry
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   On an ongoing basis, the united leadership of the diamond industry is more inclined than ever before to continue formulating and implementing improved ethical business standards, said Edward Asscher, President of the World Diamond Council, in his address last month to the World Diamond Conference in New Delhi, India..................

   
   Rosy Blue Plans Trees in Antwerp
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   Antwerp-based diamond company Rosy Blue has planed 3,000 trees last month in Malle, Antwerp. The project was in cooperation with Flemish organization BOS + and the non-profit organization International Association of Human Values (IAHV), Rosy Blue a leading company in the field of sustainability and aims to contribute to the enviroment of Antwerp.................

   
   KGK Signs Diamond Contract With Alrosa
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   KGK Diamonds Inbdia Pvt, Ltd has signed a long-term contract with Alrosa, the Russian miner . KGK, a prominent name in the gems and jewellery industry, was one of the 12 Indian companies who signed a three year supply agreement with Alrosa at the recent World Diamond Conference 2014 in New Delhi, India..................

   
   IJ Jewellers' Choice Design Awards
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   Indian Jeweller Magazine hosted an award ceremony for the "IJ Jewellers' Choice Design Awards 2014" on 20th December 2014 in Jaipur. The competition required manufacturers to submit their designs across 22 product categories. The winning pieces from over 500 entries were chosen from over 500 entries were chosen from over 10,000 votes received from retailers across India..................

   
   
 
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