The fifth Singapore International Jewellery Show was ceremonially opened yesterday July 30th. The partner country for the Singapore International Jewellery Show is Sri Lanka. The opening ceremony was also attended by delegates from Sri Lanka. Click to enlarge (above)Minister of Enterprise Development of Sri Lanka, Honorable Mano Wijeyeratne with the senior Minister of State for […]
Author Archives: Mr Lareef Samad
The Chairman/Director General of the BOI formally hands over the certificate of registration to the investors of Nakshatra Overseas (Private Ltd). Approval has been granted for a diamond trading house to be set up in Sri Lanka. The investment agreement that was facilitated by the BOI is worth US$1.6 million. The foreign investors, Nakshatra Overseas […]
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 $1,496- up 47% compared to the average price per carat in the first quarter of 2009. However this price […]
Photo above, Matthew A Runchi- President and CEO of Jewelers of America. The trade association for fine jewelry retailers in USA, Jewelers of America (JA) has announced a partnership for educational purposes with the Diamond Council of America (DCA). This partnership will provide JA members special access to DCA education and membership. According to a […]
In an effort to promote Botswana diamonds in the United States of America, the American actress Kim Kardashian is to visit Botswana. According to the head of De Beers in Botswana, Sheila Khama, she will be one of the participants in the diamond forum – a group helping to promote diamonds from Botswana. Other prominent […]
According to the data released by the diamond controller, Shmuel Mordechai at the Trade and Labour Ministry, Israel there was a 58.3% drop in the export of polished diamonds compared to the same period last year. Polished diamond exports during the first half of this year totalled US$ 1.58 billion. The declining trend in diamond […]
The Gem and Jewellery Exports Promotion Council (GJEPC) is organizing two shows in August 2009. The first show which will be held from August 4-5 2009, is the first ever India Diamond and Coloured Stone Show (IDCS) 2009. The main aim of this show is to showcase the manufacturing skills of Indian diamond and colored […]
The real beauty of gemstones is revealed only when properly faceted (cut).Only gemstones with right cut and even faceting fetch high prices. Semi-automatic gem cutting machines has been available for a long time. Only recently a fully automated gemstones cutting and polishing machine has been developed. Paul Wild GmbH has been using this fully automated […]
Guangdong is the diamond headquarters in China, just like Surat in India. Surat city in Gujarat India is the main center for polishing diamonds in the world. However this may soon change, probably due to the recession changing the landscape in the diamond industry. Surat the worlds top diamond cutting center is now facing severe […]
Venezuela’s President Hugo Chavez is seeking for loans to develop the diamond and gold mining sectors. The repayment of the loans will be partially paid with the minerals produced from these mines.However the president did not specify the amount needed. Because of the policy of nationalization of the mining and oil industry of Venezuela, investors […]