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  392-ct Sapphire sells for $17.3 million
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    The world's fourth largest faceted sapphire, the "Blue Belle of Asia," sold for nearly $17.3 million at Christie's Geneva sale of Magnificent Jewels - a world record for any sapphire sold at auction according to Christie's. The 392.52 carat cushion shaped Ceylon sapphire exceeded its high estimate of $ 10 million....................

 
   
  Bulgari Set for India Return
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    Bulgari's india launch comes after it received approval from the Foreign Investment Promotion Board in July to set up single-brand retail stores through a joint venture with New Delhi-based Luxco India Retail Pvt. Ltd. Bulgari, known for its jewellery designs, watches, perfumes and accessories, promised an initial investment of about Rs.2.67crore to roll out operations in India, the second largest consumer of gold in the world...........................

   
  CIBJO Confronts Climate Change
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     CIBJO president Gaetano Cavallevi held a meeting in London with Lord Deben, the chairman of the Independent Committee on Climate Change in the U.K. during which they discussed a carbon-free jewellery industry. Which was outlined at the CIBJO Congress in Moscow in May...........................

 
   
  Colour Diamonds Seen as Asset Class
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     China and Russia are in talks to establish a joint trading exchange for precious and semi-precious gems. The Beijing Gold Exchange and the Beijing Gold exchange have authored a proposal in this regard and have submitted it to the Russian gold and diamond conglomerate Karat, the film's chief Execultive Officer Konstantin Bunin said. A Chinese-Russian joint jewellery association was also in the works, according to Bunin.........................
 
   Damas Launches Solana Collection
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   Leading Middle East jewellery retailer Damas has launched the Solana diamond collection which features a range of yellow diamonds................

 
  DDI to Manage KP Functions
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    After receiving a grant from Signet Jewelers Ltd., the Diamond Development Initiative now is coordinating the technical assistance function of the Kimberley Process' administrative arm...............
 
   
  Diamond Overgrading Condemned
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   The Jewelers of America (JA), the Diamond Manufacturers & Importers Association of America (DMIA), the Jewelrs Vigilance Committee (JVC) and other U.S. associations and companies have joinly developed and launched a new voluntary approach intended to strengthen the ethical sourcing and management of both rough and diamonds as they move through the diamond pipeline. The new Diamond Source Warranty Protocal aims to help individual businesses work toward a higher level of assurance and control by excludind diamonds from questionable sources, as determined by them.................

   
  'Enhanced Lotus' Ceramic Designs
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    De Beers Diamond Jewellers debuted the "Enhanted Lotus" collection that was inspired by the lotus flower but also introduced open work ceramic settings. They stated that a bold contract of ceremic texture diamonds' brillance, create a graphic interpretation of the feminine enhanted lotus motif......................

 
   
  Gem-A Award Winners
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     The Gemmological Association of Great Britain(Gem-A) celebrated the success of its students worldwide during its annual graduation ceremony last month........................

   
  Gem-A, GAA Sign Pact
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     The Gemological Association of Great Britain (Gem-A) and The Gemmological Association of Australia (GAA) have signed an agreement allowing fellows to transition between organisations from the start of 2015. This cross-association agreement is designed to begin a "new era of advanced co-operation," according to a statement by Gem-A......................
 
   
 
  GIA Suspends Sealing Service
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     The Gemological Institute of America has suspended its diamond sealing services until further notice after receiving a sealed diamond for verification that did not match the grading report number package with it.................

 
  Giant Pearl at Auction
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    Rago Auctions wlll be putting what it described as the largest near-round natural saltwater pearl discoverd to date under the hammer at an auction to be held on December 7, The pearls is the centre stone of the "Putilov Pearl Brooch" and is 8% larger than the second largest, which was sold in May this year by a British auction house.........

 
  Global Diamond Meeting Proposed
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    India's Gem and Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse in Mumbai are proposing a meeting of representives of the global diamond industry to discuss the issues that led to the withdrawal of seven industry bodies from the Annual General Meeting of the World Diamond Council (WDC) in Antwerp last month............
 
  GSI Opens Labaratory in Surat
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    Gemological Science International (GSI), a full-service, high-tech lab designed specifically to meet the rapidly changing needs of the industry, has announced the launch of its laboratory facility at Surat, India............

   
  Hainschwang Wins Bananno Award
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    The Accredited Gemologists Association has chosen Thomas Hainschwang, director of the GGTL Laboratories in Liechtennstein, as the recipient of the 2015 Antonio C. Bonanno Award for Excellence in Gemology. The Bonanco Award recognized those who have made significant contributions to the gemmological field. Recipients of the award are selected by a majority vote of the AGA membership.............
 
  Indian Jewellery Museum to Re-Open
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     Alamkara, the permanent jewellery gallery at the National Museum, Delhi is going to re-open soon, over a decade after its exhibits had been moved to a non-public area iof the museum. It had 255 classic jewellery pieces housed in 25 glass cases that depict India's rich jewellery heritage dating back five millennia...............

   
  Insight into De Beers
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    Anglo American plc held an analyst and investor seminar to "provide additional insight into De Beers", This insight covered the industry within which De Beers operatates, took a detailed look at the company from exploration to retail, and shared some projections regarding future trends for the diamond business......................

 
   
  Jewelmer Holds Golden Pearl Gala
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     Global demand for gold for the jewellery industry was up 3 percent in the first quarter of 2014, totaling 571 tons. The World Gold Council (WGC) said this was the strongest start to a year for jewellery since 2005........................

   
  July Meana Named VP of PDE
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     The Panama Diamond Exchange (PDE) has announced the appointment of Judy Meana as the organization's vicepresident. Ms Meana, who has served as PDE's director of communications, will be responsible for the Latin American diamond bourse's overall marketing and communications strategy and operation. She is the first woman international ever to have been appointed as a diamond exchange vice president.....................
 
   
   Middle East Gems and Jewellery Forum in Dubai
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   DMCC, Dubai's gateway for commodity trade and enterprise, held the Middle East Gems and Jewellery Forum (MEGJF). The event was inaugurated by his Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Development of Civil Aviation, CEO and Chairman of the Emirates Group and Chairman of Dubai World..................

 
   Platinum Eyes Indian Weddings
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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..................

   
   Platinum Preducers Mull Promotion Body
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   South African platinum produced are planning to launch an industry body to promote investment demand for platinum in the coming months aimed at boosting sales in the face of falling prices. The new body, to be called the world Platinum Investment Council, is likely to be based in London or Johannesburg................

 
   UAE Denies Claims of NGOs
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   The United Arab Emirates (UAE) has refuted what it describes as "irresponsible and unfounded attacks by the Civil Society Coalition" at the opening session of the Kimberley Process plenary meeting in Guanhzhou, China..................

   
   Victoria's Secret Has 2 Fantasies
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   Every year before its fashion show, Victoria's Secret unveils a gem-adorned "Fantasy Bra," many times created in collaboration with renowed jeweller Mouawad..................

   
   WDC Looking to the Future
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   In late October, members of the World Diamond Council assembled in Antwerp for the 2014 Annual General Meeting. The discussions focused on issues associated with the Kimberley Process, 14 years after its establishment, and the role of the WDC in relation to the risks facing the KP. AWDC was very proud to host an event of such importance..................

   
   WDC Pleadges to support KP
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   The mission of the World Diamond Council (WDC) is, of course, to support and improve the working and impact of the Kimberley Process Certifacation System (KPCS), said Edward Asscher, President of the World Diamond Council, to the Kimberley Process Plenary in Guangzhou, avoiding direct comment on the recent industry "scene" stirred by suspicion WDC wants to go beyond its mandate.................

   
   WGC Backs IBA for Gold Fix
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   The World Gold Council announced that it fully supports the appointment of ICE Benchmark Administration (IBA) as the new administrator of the Gold Fix. IBA is the organisation to manage the benchmark and is a credible, experienced and independent administrator with a strong track record. IBA is the only FCA-approved administrator and is also one of only four administrators in the world to have been formally assessed by the international Organization of Securities Commissions, further reinforcing its credentials for the role..................

   
   World's Largest Csarite
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   Millenyum Mining Limited has discovered and cut what it says is the world's largest known faceted Csarite gemstone. Csarite is the trade name for the colour-change gemstone diaspore, which is mined in the mountains of the Anatalia region of Turkey..................

   
   Zimbabwe Seeking Foreign Investors
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   Zimbabwe's Minister of Mines and Mining Development, Walter K.Chidawa, closed the Second Zimbabwe Diamond Conference with an emphasis on finding ways to develop the country diamond mining industry. Speaking on the sidelines of the conference, Chidakwa said that Zimbabwe was keen to attraqct foreign investors to developits diamond exploration activities..................

   
 
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