Zimbabwean diamond state company Zimbabwe Consolidated Diamond Company (ZCDC) trying to get local banks to $ 300 million to buy equipment and expand their operations, according to the Zimbabwean media.
Local newspaper The Source quotes the executive director ZCDC Nyashanu Ridge (Ridge Nyashanu), who said that the company not having its own equipment, will have to buy it and upgrade the processing plant.
Last year's official Harare deprived of licenses for diamond mining companies that operate in the fields of Marange (Marange), and consolidated its operations under the ZCDC.
"In the future we hope to recapitalize, the total cost is around $ 300 million", - said Nyashanu.
"We are negotiating with local banks and other private financial institutions, and their results are very encouraging we will be able to come to an agreement in the near future.", - he added.
ZCDC last year received $ 30 million from the Reserve Bank of Zimbabwe for the purchase of equipment from Belarus.
Diamond mining in the Marange diamond field falls forced consolidation.
Last year at the diamond fields of Zimbabwe produced about 900,000 carats of diamonds, against a peak of 12 million carats a few years ago.
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Tuesday, June 13, 2017
According to preliminary data of the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) of India, the total volume of exports of jewelry (such as precious stones or without them) grew by 22.4% in December 2016 , to $ 3.09 billion, versus $ 2.53 billion in the same period of the previous year.
For 9 months from April to December 2016 (from the beginning of the tax period), total exports of jewelery sector in India grew by 11.8%, to $ 32 billion, compared with $ 28.66 billion in the same period a year earlier.
The import of jewelry and gems was $ 2.17 million in December, which is 3.8% lower than the $ 2.26 million in December 2015.
In April-December 2016 the export of gold jewelry (such as precious stones or without them) grew by 12.3%, to $ 7 billion, versus $ 6.27 billion in the same period of the previous year.
In the same period, exports of colored gemstones from India was $ 289.8 million versus $ 302.7 million in the same period of the previous year.
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For 9 months from April to December 2016 (from the beginning of the tax period), total exports of jewelery sector in India grew by 11.8%, to $ 32 billion, compared with $ 28.66 billion in the same period a year earlier.
The import of jewelry and gems was $ 2.17 million in December, which is 3.8% lower than the $ 2.26 million in December 2015.
In April-December 2016 the export of gold jewelry (such as precious stones or without them) grew by 12.3%, to $ 7 billion, versus $ 6.27 billion in the same period of the previous year.
In the same period, exports of colored gemstones from India was $ 289.8 million versus $ 302.7 million in the same period of the previous year.
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Canadian diamond company Dominion Diamond Corporation has announced its production results in the Diavik mine (Diavik) for the fourth quarter of calendar year 2016.
It was produced 1.65 million carats against 1.50 million carats during the same period in 2015. Following the results of 2016 calendar year production totaled 6.66 million carats against 6.41 million carats a year earlier. This is 4% less than the envisaged schedule in 2016 of 6.9 million carats.
Processing volumes in the fourth quarter of calendar year 2016 were 16% higher than in the same quarter of the previous year due to the extension of a planned maintenance stop at a processing plant in the fourth quarter of 2015.
http://digg.com/u/jetjewelry
It was produced 1.65 million carats against 1.50 million carats during the same period in 2015. Following the results of 2016 calendar year production totaled 6.66 million carats against 6.41 million carats a year earlier. This is 4% less than the envisaged schedule in 2016 of 6.9 million carats.
Processing volumes in the fourth quarter of calendar year 2016 were 16% higher than in the same quarter of the previous year due to the extension of a planned maintenance stop at a processing plant in the fourth quarter of 2015.
http://digg.com/u/jetjewelry
Lucapa Diamond and its joint venture partners Endiama and Rosas & Petals stepped up drilling program at the project kimberlites Lulo (Lulo) in Angola.
The company has commissioned a second drill rig, and the third unit is scheduled to enter service in the second quarter of this year. This will allow for the simultaneous drilling of several targets.
Kimberlite drilling program began in the middle of last year with the help of a mobile drilling rig Sedidrill, which has also been used to extend the auger drilling on alluvial project area.
"We have increased the performance of the drilling in the December quarter, getting a second rig, and look forward to the arrival of the project of our new, third rig Hanjin, which will enable us to further accelerate our drilling program on priority kimberlite purposes identified by our team of geologists," - said CEO Steven Vezeroll (Stephen Wetherall).
"Aeromagnetic survey will also allow to search the primary source of exceptional alluvial diamonds mined at Lulo," - he continues.
According to the Lucapa are, the average price per carat of diamonds from Lulo is $ 2983, which is the highest price per carat achieved for any operating mine in the world in 2016.
At the same time, in Lucapa reported that the opening of new units needed for the further publication of JORC resource estimate for the next quarter.
http://digg.com/u/jetjewelry
The company has commissioned a second drill rig, and the third unit is scheduled to enter service in the second quarter of this year. This will allow for the simultaneous drilling of several targets.
Kimberlite drilling program began in the middle of last year with the help of a mobile drilling rig Sedidrill, which has also been used to extend the auger drilling on alluvial project area.
"We have increased the performance of the drilling in the December quarter, getting a second rig, and look forward to the arrival of the project of our new, third rig Hanjin, which will enable us to further accelerate our drilling program on priority kimberlite purposes identified by our team of geologists," - said CEO Steven Vezeroll (Stephen Wetherall).
"Aeromagnetic survey will also allow to search the primary source of exceptional alluvial diamonds mined at Lulo," - he continues.
According to the Lucapa are, the average price per carat of diamonds from Lulo is $ 2983, which is the highest price per carat achieved for any operating mine in the world in 2016.
At the same time, in Lucapa reported that the opening of new units needed for the further publication of JORC resource estimate for the next quarter.
http://digg.com/u/jetjewelry
Sales of rough diamonds ALROSA in 2016 reached 40.1 million carats, an increase over the previous year to 10.1 million carats. Of the company's wastewater sold 2.9 million carats of diamonds. At the same time it reduced the production of ALROSA rough diamonds from 38.3 million carats in 2015 to 37.2 million carats in 2016.
The company disclosed the data published on its website a presentation to investors, from which it follows that by 2019 plans to increase diamond production to more than 41 million carats. Key sources of growth - PJSC «Severalmaz» and underground mine "Lucky."
The presentation noted that the capital cost of ALROSA in 2016 reached 39 billion rubles., But the company plans to reduce them to 32 billion rubles. in 2017 and then to 21 billion in 2018, after which they planned to increase to 33 billion rubles. by 2021.
Ratio gem-quality diamonds is 66% of sales and 97% of the revenue ALROSA. The company uses a diamond marketing strategy in three sales channels, focused on long-term contracts, spot sales and tenders. At the moment the customer base ALROSA has 71 long-term contracts, including 57 contracts for the supply of gem-quality diamonds with a fixed volume and range. At the same time the company's sales are distributed as follows: Belgium - 49%, India - 17%, Israel - 12%, Russia - 10%, China - 5%, other countries - 7%.
According to the forecast ALROSA, in the next 10 years is expected to increase demand for diamond jewelery at the level of 2-4% per year. Expected long-term rate of growth of demand for diamond jewelery in key markets will be: USA - 3-4% per year; Asia - 4-6% (c volatility short term); Europe - 1% per annum; Japan - less than 1% per year.
ALROSA notes that the diamond market in the medium term will be balanced, demand will exceed supply after the largest diamond mining companies sell stocks accumulated in 2015.
http://digg.com/u/jetjewelry
The company disclosed the data published on its website a presentation to investors, from which it follows that by 2019 plans to increase diamond production to more than 41 million carats. Key sources of growth - PJSC «Severalmaz» and underground mine "Lucky."
The presentation noted that the capital cost of ALROSA in 2016 reached 39 billion rubles., But the company plans to reduce them to 32 billion rubles. in 2017 and then to 21 billion in 2018, after which they planned to increase to 33 billion rubles. by 2021.
Ratio gem-quality diamonds is 66% of sales and 97% of the revenue ALROSA. The company uses a diamond marketing strategy in three sales channels, focused on long-term contracts, spot sales and tenders. At the moment the customer base ALROSA has 71 long-term contracts, including 57 contracts for the supply of gem-quality diamonds with a fixed volume and range. At the same time the company's sales are distributed as follows: Belgium - 49%, India - 17%, Israel - 12%, Russia - 10%, China - 5%, other countries - 7%.
According to the forecast ALROSA, in the next 10 years is expected to increase demand for diamond jewelery at the level of 2-4% per year. Expected long-term rate of growth of demand for diamond jewelery in key markets will be: USA - 3-4% per year; Asia - 4-6% (c volatility short term); Europe - 1% per annum; Japan - less than 1% per year.
ALROSA notes that the diamond market in the medium term will be balanced, demand will exceed supply after the largest diamond mining companies sell stocks accumulated in 2015.
http://digg.com/u/jetjewelry
Bryus Kliver (Bruce Cleaver), CEO of De Beers Group, said that in different parts of the "diamond pipeline" to find ways to work together and more efficiently after the uncertainty and volatility in 2016.
"We made some good steps in this direction through greater collaboration across the value chain in order to increase demand, exchange and maintain the effectiveness of the diamond pipeline," - said Cleaver during a reception for sightholders company.
"But we must continue on this path and to maximize the impact of our joint efforts to increase the value of our industry," - said a top manager.
He said that all parts of the value chain will be important to benefit from progress in the industry.
"None of the members of the diamond industry will not be able to achieve sustainable success in isolation We have to find the way to progress together, and we must continue to look at the challenges and opportunities from different perspectives." - Cleaver said.
According to him, against the background of the positive medium- and long-term prospects of the industry there is a possibility to invest in financially stable and transparent diamond companies.
"Business environment in which we operate is changing rapidly, and ... if we can find ways to compete more effectively in this evolving environment, the changes will turn into great opportunities" - continues Cleaver.
At the same time, CEO of De Beers, said that the group of companies will launch a new and "improved" tool to check the diamonds at the end of this year to help keep the confidence of members of the trade and consumers.
"Our new automated tool for the screening of" chalk "AMS2 ... would be a significant step forward and become a technological response to the challenges posed to the integrity of our products. We also believe that AMS2 will play an important role in building trust across the value chain" - Cleaver concluded.
http://digg.com/u/jetjewelry
"We made some good steps in this direction through greater collaboration across the value chain in order to increase demand, exchange and maintain the effectiveness of the diamond pipeline," - said Cleaver during a reception for sightholders company.
"But we must continue on this path and to maximize the impact of our joint efforts to increase the value of our industry," - said a top manager.
He said that all parts of the value chain will be important to benefit from progress in the industry.
"None of the members of the diamond industry will not be able to achieve sustainable success in isolation We have to find the way to progress together, and we must continue to look at the challenges and opportunities from different perspectives." - Cleaver said.
According to him, against the background of the positive medium- and long-term prospects of the industry there is a possibility to invest in financially stable and transparent diamond companies.
"Business environment in which we operate is changing rapidly, and ... if we can find ways to compete more effectively in this evolving environment, the changes will turn into great opportunities" - continues Cleaver.
At the same time, CEO of De Beers, said that the group of companies will launch a new and "improved" tool to check the diamonds at the end of this year to help keep the confidence of members of the trade and consumers.
"Our new automated tool for the screening of" chalk "AMS2 ... would be a significant step forward and become a technological response to the challenges posed to the integrity of our products. We also believe that AMS2 will play an important role in building trust across the value chain" - Cleaver concluded.
http://digg.com/u/jetjewelry
Rockwell Diamonds has in the third quarter of the fiscal year ending November 30, 2016, registered a loss of 5.5 million Canadian dollars, against a loss of 10.5 million Canadian dollars in the previous quarter. The company reduced losses due to litigation and due to the suspension of mining operations in South Africa.
The Rockwell said that its revenue fell by 65% compared with the same period last year, to 2.4 million Canadian dollars, due to the delay in the development of the mine Vouterspen (Wouterspan) against the background of the judgment.
A former contractor miners, C-Rock Mining (CML) , November 7th through the court suspended the company ownership of projects Vouterspen, Saksendrift (Saxendrift), complex Saksendrift Hill (Saxendrift Hill), Niveyarskraal (Niewejaarskraal), project Remhugte / Holsloot (Remhoogte / Holsloot) .
However, the court rejected the petition on December 6 the CML, returning the assets of Rockwell. The diamond mining company said that with the return to the concessions she discovered damage to or destruction of property, that is, in her opinion, a deliberate act of sabotage. Currently, the company carries out repairs of equipment, which is likely to be completed at the end of this month.
At the same time, total revenue Rockwell fell by 51% year on year to 3.5 million Canadian dollars.
CEO Tyart Willems (Tjaart Willemse) noted that the approval of $ 8 million cost of the financing plan will help lay the foundation on which the company will return to profitability, to pay the debt and start to bring real income to its shareholders.
"It was a tough quarter, but I am confident that we have managed to make a U-turn in our path to profitability", - he said.
Willems also said that production growth has been slower than expected, mainly as a result of unexpected problems with excavation equipment as a result of sabotage.
He also said that the company has entered into an agreement to sell its non-core mines Remhugte / Holsloot Saksendrift and a reasonable monetary compensation.
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The Rockwell said that its revenue fell by 65% compared with the same period last year, to 2.4 million Canadian dollars, due to the delay in the development of the mine Vouterspen (Wouterspan) against the background of the judgment.
A former contractor miners, C-Rock Mining (CML) , November 7th through the court suspended the company ownership of projects Vouterspen, Saksendrift (Saxendrift), complex Saksendrift Hill (Saxendrift Hill), Niveyarskraal (Niewejaarskraal), project Remhugte / Holsloot (Remhoogte / Holsloot) .
However, the court rejected the petition on December 6 the CML, returning the assets of Rockwell. The diamond mining company said that with the return to the concessions she discovered damage to or destruction of property, that is, in her opinion, a deliberate act of sabotage. Currently, the company carries out repairs of equipment, which is likely to be completed at the end of this month.
At the same time, total revenue Rockwell fell by 51% year on year to 3.5 million Canadian dollars.
CEO Tyart Willems (Tjaart Willemse) noted that the approval of $ 8 million cost of the financing plan will help lay the foundation on which the company will return to profitability, to pay the debt and start to bring real income to its shareholders.
"It was a tough quarter, but I am confident that we have managed to make a U-turn in our path to profitability", - he said.
Willems also said that production growth has been slower than expected, mainly as a result of unexpected problems with excavation equipment as a result of sabotage.
He also said that the company has entered into an agreement to sell its non-core mines Remhugte / Holsloot Saksendrift and a reasonable monetary compensation.
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De Beers said its unit on the auction sales will start a pilot project on trade diamond forwards contracts with a fixed price, which will provide "very effective" option for small and medium-sized companies seeking access to regular put diamonds on a predictable price.
Earlier, De Beers organized and other pilot projects in the segment of auction sales, including the provision to third parties the right to use its platform to the auction of diamonds.
In his statement, De Beers said that the first such auction for some categories of "grains", "small-size" and "close to the large stones" diamonds will be held on 16 February.
"Comprehensive dialogue with customers stressed the potential for further development of a spot market for our rough diamond", - said the executive vice-president of the De Beers at auction sales Neil Ventura (Neil Ventura).
"Our customers have told us that they see the importance of short-term contracts for the supply, but they prefer to get them on the basis of fixed prices, which would allow to avoid potential problems with the provision on the basis of a floating price contracts, which refers to the base price of the spot under the contract. Therefore, we decided to experiment with the three-month forward contracts at a fixed price, to complement our channel of spot sales and long-term supply contracts for the proposed global sightholders. we Udem test the demand for a regular, guaranteed short-term supply contracts at fixed prices ", - he added.
Since the launch of forward contracts at floating price basis in December 2013, a division of auction sales of De Beers has been steadily developing its direct supply chain, selling a total of more than 350 custom-made contracts for delivery during this period, Ventura said.
https://del.icio.us/pearlsonline
Earlier, De Beers organized and other pilot projects in the segment of auction sales, including the provision to third parties the right to use its platform to the auction of diamonds.
In his statement, De Beers said that the first such auction for some categories of "grains", "small-size" and "close to the large stones" diamonds will be held on 16 February.
"Comprehensive dialogue with customers stressed the potential for further development of a spot market for our rough diamond", - said the executive vice-president of the De Beers at auction sales Neil Ventura (Neil Ventura).
"Our customers have told us that they see the importance of short-term contracts for the supply, but they prefer to get them on the basis of fixed prices, which would allow to avoid potential problems with the provision on the basis of a floating price contracts, which refers to the base price of the spot under the contract. Therefore, we decided to experiment with the three-month forward contracts at a fixed price, to complement our channel of spot sales and long-term supply contracts for the proposed global sightholders. we Udem test the demand for a regular, guaranteed short-term supply contracts at fixed prices ", - he added.
Since the launch of forward contracts at floating price basis in December 2013, a division of auction sales of De Beers has been steadily developing its direct supply chain, selling a total of more than 350 custom-made contracts for delivery during this period, Ventura said.
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Diamond Manufacturers Association (Diamond Producers Association, DPA) plans to increase its annual budget to $ 60 million from the current $ 6 million asking its members to make larger contributions, as reported by the Rapaport, quoted by Bloomberg report.
In the marketing industry DPA seeks to intensify its efforts to reach out to younger consumers who increasingly spend their money on electronics and restaurants, the report said. CEO of DPA, Jean-Marc Lieberherr (Jean-Marc Lieberherr) declined to comment when contacted with him tried to Rapaport News.
DPA postraraetsya refer to its members, such as De Beers and Alrosa, to ask them to increase financial support for the organization, noted in Bloomberg, citing people familiar with the plans of the organization, who asked not to be named. The first commercials DPA appeared in October, presenting stories that portrayed the imperfect relationship, not necessarily include marriage. Thus, the association tried to appeal to the representatives of "two thousandth generation."
During the 2000s, De Beers slashed in half its annual marketing budget to about $ 100 million recall, in Bloomberg. In 2015, the company has spent about $ 20 million on a new advertising campaign aimed at representatives of "two thousandth generation" in the United States and China.
The association is funded by its members, which also include mining companies such as Dominion Diamond Corporation, Gem Diamonds, Lucara Diamond Corp., Petra Diamonds and Rio Tinto.
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In the marketing industry DPA seeks to intensify its efforts to reach out to younger consumers who increasingly spend their money on electronics and restaurants, the report said. CEO of DPA, Jean-Marc Lieberherr (Jean-Marc Lieberherr) declined to comment when contacted with him tried to Rapaport News.
DPA postraraetsya refer to its members, such as De Beers and Alrosa, to ask them to increase financial support for the organization, noted in Bloomberg, citing people familiar with the plans of the organization, who asked not to be named. The first commercials DPA appeared in October, presenting stories that portrayed the imperfect relationship, not necessarily include marriage. Thus, the association tried to appeal to the representatives of "two thousandth generation."
During the 2000s, De Beers slashed in half its annual marketing budget to about $ 100 million recall, in Bloomberg. In 2015, the company has spent about $ 20 million on a new advertising campaign aimed at representatives of "two thousandth generation" in the United States and China.
The association is funded by its members, which also include mining companies such as Dominion Diamond Corporation, Gem Diamonds, Lucara Diamond Corp., Petra Diamonds and Rio Tinto.
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Laurelton Diamonds holds in the company's offices in New York and Antwerp tender view diamonds offered for sale, said the Antwerp World Diamond Center (AWDC).
At the tender exhibited range of individual diamonds, certified Gemological Institute of America (Gemological Institute of America, GIA) , and group items with GIA certificates without them. Products include round diamonds and fancy shaped stones "carat diamond" to the chalk.
Buyers are offered as ryadbrilliantov yellow shades, different cut and weight.
The tender is held from 18 to 24 January in New York, from 31 January to 7 February in Antwerp.
Laurelton Diamonds Belgium BVBA, a subsidiary of Tiffany & Co, produces and carries out trading operations on a global scale.
The company buys rough diamonds and manages the global chain of cut, polished and supply of diamonds from Tiffany & Co.
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At the tender exhibited range of individual diamonds, certified Gemological Institute of America (Gemological Institute of America, GIA) , and group items with GIA certificates without them. Products include round diamonds and fancy shaped stones "carat diamond" to the chalk.
Buyers are offered as ryadbrilliantov yellow shades, different cut and weight.
The tender is held from 18 to 24 January in New York, from 31 January to 7 February in Antwerp.
Laurelton Diamonds Belgium BVBA, a subsidiary of Tiffany & Co, produces and carries out trading operations on a global scale.
The company buys rough diamonds and manages the global chain of cut, polished and supply of diamonds from Tiffany & Co.
https://del.icio.us/pearlsonline
Diamond weighing 30 carats, found in early 2017 in the tube "Arkhangelsk", joined the amount produced at the Yu. M. V. Lomonosova scarce natural resources to 10 million carats.
"Industrial development of the field to them. M. V. Lomonosova began in 2005, until then conducted geological surveys were studied and the best methods of diamond mining. So that production of the first 10 million carats - is the result of the tremendous work of all employees and the perfect gift to celebrate our 25th anniversary and Alrosa, whose subsidiary we are, "- said General Director of JSC« Severalmaz »Andrei Writing.
He also noted that at the moment of PJSC «Severalmaz» entered the design parameters for commercial production of 4 million tons of ore per year, and this means that in 2017 will produce 2.4 million carats of diamonds. In the future, the company plans to increase production to 5 million carats annually, as well as to do the development of diamond-bearing pipes "Pioneer" and Lomonosov.
PJSC "Severalmaz" - subsidiary of the Group ALROSA in the Arkhangelsk region. It is developing a mine to them. University, consisting of 6 kimberlite pipes with common resources over 115 million carats.
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"Industrial development of the field to them. M. V. Lomonosova began in 2005, until then conducted geological surveys were studied and the best methods of diamond mining. So that production of the first 10 million carats - is the result of the tremendous work of all employees and the perfect gift to celebrate our 25th anniversary and Alrosa, whose subsidiary we are, "- said General Director of JSC« Severalmaz »Andrei Writing.
He also noted that at the moment of PJSC «Severalmaz» entered the design parameters for commercial production of 4 million tons of ore per year, and this means that in 2017 will produce 2.4 million carats of diamonds. In the future, the company plans to increase production to 5 million carats annually, as well as to do the development of diamond-bearing pipes "Pioneer" and Lomonosov.
PJSC "Severalmaz" - subsidiary of the Group ALROSA in the Arkhangelsk region. It is developing a mine to them. University, consisting of 6 kimberlite pipes with common resources over 115 million carats.
https://del.icio.us/pearlsonline
Hennig Tenders, independent operator of the international diamond tenders, will hold from January 30 to February 2 tenders of rough diamonds in Antwerp, told the Antwerp World Diamond Center (AWDC).
On the first tender will be offered a wide range of diamonds of all sizes and characteristics of the project Superkolong (Superkolong) in South Africa, with a total weight of more than 10 000 carats.
In the second tender it will be presented to a diverse selection of fancy colored diamonds from West Africa. In particular, customers will be offered high-quality fancy yellow stones of different sizes.
http://www.feedlisting.com/rss-feed-url/898216.html
On the first tender will be offered a wide range of diamonds of all sizes and characteristics of the project Superkolong (Superkolong) in South Africa, with a total weight of more than 10 000 carats.
In the second tender it will be presented to a diverse selection of fancy colored diamonds from West Africa. In particular, customers will be offered high-quality fancy yellow stones of different sizes.
http://www.feedlisting.com/rss-feed-url/898216.html
Sales of Tiffany & Co. may suffer in connection with the effects of protectionist trade policies of the new US president Donald Trump. At the same time, the retailer's holiday sales have weakened against the backdrop of protests against Trump near Tiffany's flagship store in New York.
Bloomberg reports that Tiffany foreign income could come under pressure if China enters the response to possible new commercial policy Trump administration.
"Chinese consumers may decide to buy a German car, instead of the US, or buy a shirt Adidas instead of Nike shirt," - quoted by Bloomberg one of the CEOs of Credit Suisse.
The holiday season in 2016 Tiffany sales jumped 7% to $ 200 million in the Asia-Pacific region, ahead of the company's sales performance in the United States.
Tiffany Sales in the Americas were under pressure amid protests against Trump outside the flagship jeweler's store in New York, and were down 4% to $ 483 million.
Sales in the main store retailer Tiffany Fifth Avenue fell immediately by 14% during holidays since access to it was limited due to the demonstrations that took place in front of the nearby Trump Tower building.
"General sales results during the holiday season was slightly lower than we expected," - said General Director of Tiffany Frederick Kyumenal (Frederic Cumenal).
http://www.feedlisting.com/rss-feed-url/898215.html
Bloomberg reports that Tiffany foreign income could come under pressure if China enters the response to possible new commercial policy Trump administration.
"Chinese consumers may decide to buy a German car, instead of the US, or buy a shirt Adidas instead of Nike shirt," - quoted by Bloomberg one of the CEOs of Credit Suisse.
The holiday season in 2016 Tiffany sales jumped 7% to $ 200 million in the Asia-Pacific region, ahead of the company's sales performance in the United States.
Tiffany Sales in the Americas were under pressure amid protests against Trump outside the flagship jeweler's store in New York, and were down 4% to $ 483 million.
Sales in the main store retailer Tiffany Fifth Avenue fell immediately by 14% during holidays since access to it was limited due to the demonstrations that took place in front of the nearby Trump Tower building.
"General sales results during the holiday season was slightly lower than we expected," - said General Director of Tiffany Frederick Kyumenal (Frederic Cumenal).
http://www.feedlisting.com/rss-feed-url/898215.html
In Lucapa diamond mining company said that its subsidiary Sociedade Mineira Do Lulo (SML), which it owns jointly with Endiama and Rosas & Petalas, has extracted 5313 carats in the fourth quarter of 2016, which represents an increase of 147% compared to 2151 carats produced in the same period a year earlier.
Lucapa also noted that the diamond content in the rock jumped 88%, to 10.6 carats per 100 cubic meters during the period under review, compared to 5.6 carats per 100 cubic meters in the same period of the previous year. Meanwhile, the average diamond size increased by 46%, to 1.9 carats, compared to 1.3 carats a year earlier.
Total production increased by 136% in 2016 to 19 833 carats, compared to 8394 carats in 2015.
The company also announced that during the fourth quarter, managed to get 79 special stones compared with 28 diamonds in the same period a year earlier.
At the same time, SML received $ 51 million from the sale of diamonds in 2016, more than four times more compared to the previous year, with an average price per carat of $ 2983. According to the Lucapa are, the highest price per carat achieved for any operating mine in the world in 2016.
SML cash balance was $ 14.1 million, and the company was 2921 carats of diamonds in the effluent.
SML also received a large and very expensive diamonds sizes up to 404 carats.
Lucapa and its partners to develop Lulo project stepped up drilling program to define the primary kimberlite source of these exceptional alluvial diamonds.
In addition, Lucapa are conducting exploration programs on two other projects: "Zone F" (Area F) field Orapa (Orapa) in Botswana, as well as Brooking (Brooking) in the province of Kimberley in Western Australia.
Both projects are considered prospective for the discovery of diamond deposits.
http://www.feedlisting.com/rss-feed-url/898214.html
Lucapa also noted that the diamond content in the rock jumped 88%, to 10.6 carats per 100 cubic meters during the period under review, compared to 5.6 carats per 100 cubic meters in the same period of the previous year. Meanwhile, the average diamond size increased by 46%, to 1.9 carats, compared to 1.3 carats a year earlier.
Total production increased by 136% in 2016 to 19 833 carats, compared to 8394 carats in 2015.
The company also announced that during the fourth quarter, managed to get 79 special stones compared with 28 diamonds in the same period a year earlier.
At the same time, SML received $ 51 million from the sale of diamonds in 2016, more than four times more compared to the previous year, with an average price per carat of $ 2983. According to the Lucapa are, the highest price per carat achieved for any operating mine in the world in 2016.
SML cash balance was $ 14.1 million, and the company was 2921 carats of diamonds in the effluent.
SML also received a large and very expensive diamonds sizes up to 404 carats.
Lucapa and its partners to develop Lulo project stepped up drilling program to define the primary kimberlite source of these exceptional alluvial diamonds.
In addition, Lucapa are conducting exploration programs on two other projects: "Zone F" (Area F) field Orapa (Orapa) in Botswana, as well as Brooking (Brooking) in the province of Kimberley in Western Australia.
Both projects are considered prospective for the discovery of diamond deposits.
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ALROSA President Andrew Zharkov takes part in World Economic Forum events (WEF) in Davos, Switzerland.
The working agenda of the president "ALROSA" provides for the exchange of views in the framework of the working meetings of the profile industry forum community «Mining & Metals» and System Initiative World Economic Forum on the future of consumer «Future of Consumption». In the graph Andrei Zharkov part in the plenary session of the Forum, as well as a number of bilateral contacts with authoritative representatives of the global mining industry, potential partners of the Company. On the final day of the forum scheduled Zharkov participate in the session of the Business Cooperation with Russia.
This year the World Economic Forum held in Davos, Switzerland, from 17 to 20 January. The theme of the 47th Forum was "flexible and responsible leadership." Online now expect around three thousand participants from 70 countries.
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The working agenda of the president "ALROSA" provides for the exchange of views in the framework of the working meetings of the profile industry forum community «Mining & Metals» and System Initiative World Economic Forum on the future of consumer «Future of Consumption». In the graph Andrei Zharkov part in the plenary session of the Forum, as well as a number of bilateral contacts with authoritative representatives of the global mining industry, potential partners of the Company. On the final day of the forum scheduled Zharkov participate in the session of the Business Cooperation with Russia.
This year the World Economic Forum held in Davos, Switzerland, from 17 to 20 January. The theme of the 47th Forum was "flexible and responsible leadership." Online now expect around three thousand participants from 70 countries.
https://del.icio.us/pearlsonline
North Arrow Minerals Inc. today announced that it has acquired from Stornoway Diamond Corporation the remaining stake in diamond projects Kilalugak (Qilalugaq) and Pico (Pikoo). After closing, North Arrow will hold 100% in both lobes projects.
Ken Armstrong (Ken Armstrong), President and CEO of North Arrow, said: "The agreement, which was announced today, allows North Arrow to consolidate ownership Kilalugak projects and Pico without the need of advance cash payments, and provides the company with greater flexibility in managing and continuing assessment two of the most promising diamond projects at the exploration stage in Canada. "
Under the terms of the contract of sale, North Arrow will acquire approximately 18% owned by Stornoway shares in the project Kilalugak, and approximately 15% stake in the project in exchange for the Pico 2 000 000 ordinary shares of North Arrow. As an additional reward Stornoway retain respectively 0.5% and 1.0% royalty on diamonds and 0.5% and 1.0% of net sales revenue side precious metals projects.
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Ken Armstrong (Ken Armstrong), President and CEO of North Arrow, said: "The agreement, which was announced today, allows North Arrow to consolidate ownership Kilalugak projects and Pico without the need of advance cash payments, and provides the company with greater flexibility in managing and continuing assessment two of the most promising diamond projects at the exploration stage in Canada. "
Under the terms of the contract of sale, North Arrow will acquire approximately 18% owned by Stornoway shares in the project Kilalugak, and approximately 15% stake in the project in exchange for the Pico 2 000 000 ordinary shares of North Arrow. As an additional reward Stornoway retain respectively 0.5% and 1.0% royalty on diamonds and 0.5% and 1.0% of net sales revenue side precious metals projects.
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Diamcor Mining intends to more than double the increase the volume of diamond production at its site Krohn-Endora (Krone-Endora) Venice (Venetia) project in South Africa after the installation and commissioning of new equipment.
Miner has not yet started commercial production on its concession, and the discovery of diamonds was random as part of the testing process and commissioning of the project.
Initial testing of the new equipment has demonstrated its ability to process all ore fraction from 1.0 mm to 45.0 mm. In addition, there is potential to further increase the capacity and operational efficiency in the long run.
Also, the diamond company has completed the installation of a much larger plant for separation in a dense medium to the main processing plant project.
This, the company said, was done in order to support the initial increase in volumes processed with the potential for its further increase in the long term.
"Modernization component was also completed different screening systems, processing of ore and water recovery systems, along with the establishment of a dedicated pipeline for processing of material dimensions to 45.0 mm," - in said Diamcor.
"Taken together, all the elements are designed to enhance the automation and operational efficiency in the long run," - added to the company.
At the same time, in Diamcor said that in the third quarter the volume of diamond sales totaled 9,435.41 carats, or $ 1.18 million, at an average price of $ 125.45 per carat.
Sold diamonds have been obtained in the processing of ore fractions from 1 mm to -15 mm, as well as small amounts of rocks larger fractions.
http://www.feedlisting.com/rss-feed-url/898222.html
Miner has not yet started commercial production on its concession, and the discovery of diamonds was random as part of the testing process and commissioning of the project.
Initial testing of the new equipment has demonstrated its ability to process all ore fraction from 1.0 mm to 45.0 mm. In addition, there is potential to further increase the capacity and operational efficiency in the long run.
Also, the diamond company has completed the installation of a much larger plant for separation in a dense medium to the main processing plant project.
This, the company said, was done in order to support the initial increase in volumes processed with the potential for its further increase in the long term.
"Modernization component was also completed different screening systems, processing of ore and water recovery systems, along with the establishment of a dedicated pipeline for processing of material dimensions to 45.0 mm," - in said Diamcor.
"Taken together, all the elements are designed to enhance the automation and operational efficiency in the long run," - added to the company.
At the same time, in Diamcor said that in the third quarter the volume of diamond sales totaled 9,435.41 carats, or $ 1.18 million, at an average price of $ 125.45 per carat.
Sold diamonds have been obtained in the processing of ore fractions from 1 mm to -15 mm, as well as small amounts of rocks larger fractions.
http://www.feedlisting.com/rss-feed-url/898222.html
Anglo American announced that its wholly owned diamond company De Beers began a series of diamond sales in 2017 with a strong performance, receiving about $ 720 million, compared with $ 545 million in the same period a year earlier.
Meanwhile, an indicator of sales is high and compared with De Beers last site in 2016, when she received only $ 422 million.
It is also the first auction in 2017 exceeded the highest sales in 2016. In April last year, De Beers managed to sell diamonds at $ 666 million.
"We have seen good demand for most of the positions of our range during the first cycle of sales in 2017, as the industry entered a period when demand for diamonds has traditionally been strong," - said Bruce Cleaver (Bruce Cleaver), CEO of De Beers Group.
"The longer the period between the last site in 2016 and the first site in 2017 also led to an increase in demand in the last sales cycle. While the re-opening of some diamond cutting operations in India a few increased demand for small-sized and lower-quality rough stones, we maintain a cautious outlook for these categories, as the Indian industry continues to adapt to the situation after the demonetization ", - he added.
Cleaver said last month that the trade in rough diamonds lower cost is experiencing a temporary downturn due to demonetization in India, but demand for the rest of the range of products continues to be healthy, while total sales corresponded to seasonal expectations.
http://www.feedlisting.com/rss-feed-url/898220.html
Meanwhile, an indicator of sales is high and compared with De Beers last site in 2016, when she received only $ 422 million.
It is also the first auction in 2017 exceeded the highest sales in 2016. In April last year, De Beers managed to sell diamonds at $ 666 million.
"We have seen good demand for most of the positions of our range during the first cycle of sales in 2017, as the industry entered a period when demand for diamonds has traditionally been strong," - said Bruce Cleaver (Bruce Cleaver), CEO of De Beers Group.
"The longer the period between the last site in 2016 and the first site in 2017 also led to an increase in demand in the last sales cycle. While the re-opening of some diamond cutting operations in India a few increased demand for small-sized and lower-quality rough stones, we maintain a cautious outlook for these categories, as the Indian industry continues to adapt to the situation after the demonetization ", - he added.
Cleaver said last month that the trade in rough diamonds lower cost is experiencing a temporary downturn due to demonetization in India, but demand for the rest of the range of products continues to be healthy, while total sales corresponded to seasonal expectations.
http://www.feedlisting.com/rss-feed-url/898220.html
World Gold Council report (World Gold Council, WGC), entitled "The Indian gold market: evolution and innovation" and released January 24, 2017, explains the whole chain of the gold market supply of India - from the import and processing to consumer demand, and the fact it may develop in the coming years.
The report also contains a review of existing policies related to gold, and how they have evolved over the past few years.
According to the report, economic growth is the main driver of demand for gold in India. At the same time, India's gold industry is becoming more organized.
Alister Hyuitt (Alistair Hewitt), Head of Research at the WGC, said:
"India's economic growth has become the driving force behind the gold market in the country While the economy has been shaken by the program demonetization in the coming years it will again be able to bounce up and support the gold market. . Taking into account the fact that the outlook for revenue growth is positive in 2020, as we expect, the Indian demand for gold will average between 850 to 950 tons per year. "
According to the report, India's gold reserves reached about 23 000 - 24 000 tons worth more than $ 800 billion South India has the highest share of gold demand in the market is 40%, in Western India, this figure reaches 25%, and the North and East India. are 20% and 15% respectively share demand.
In addition, the WGC noted that in India there are about 385 000 - 410 000 jewelery businesses, most of which, or 70%, are unorganized.
"In the current debate about policy towards the gold market, we tend to focus on the control of imports of the metal - said PR Somasundaram (PR Somasundaram), WGC managing director of the Indian unit -. We want power more than appreciated the role of gold in household finances, as well as the positive impact of its widespread distribution. "
http://www.feedlisting.com/rss-feed-url/898218.html
World Gold Council report (World Gold Council, WGC), entitled "The Indian gold market: evolution and innovation" and released January 24, 2017, explains the whole chain of the gold market supply of India - from the import and processing to consumer demand, and the fact it may develop in the coming years.
The report also contains a review of existing policies related to gold, and how they have evolved over the past few years.
According to the report, economic growth is the main driver of demand for gold in India. At the same time, India's gold industry is becoming more organized.
Alister Hyuitt (Alistair Hewitt), Head of Research at the WGC, said:
"India's economic growth has become the driving force behind the gold market in the country While the economy has been shaken by the program demonetization in the coming years it will again be able to bounce up and support the gold market. . Taking into account the fact that the outlook for revenue growth is positive in 2020, as we expect, the Indian demand for gold will average between 850 to 950 tons per year. "
According to the report, India's gold reserves reached about 23 000 - 24 000 tons worth more than $ 800 billion South India has the highest share of gold demand in the market is 40%, in Western India, this figure reaches 25%, and the North and East India. are 20% and 15% respectively share demand.
In addition, the WGC noted that in India there are about 385 000 - 410 000 jewelery businesses, most of which, or 70%, are unorganized.
"In the current debate about policy towards the gold market, we tend to focus on the control of imports of the metal - said PR Somasundaram (PR Somasundaram), WGC managing director of the Indian unit -. We want power more than appreciated the role of gold in household finances, as well as the positive impact of its widespread distribution. "
http://www.feedlisting.com/rss-feed-url/898218.html
The Zimbabwean government initially cooperated with the illegal diamantaires in "extensive theft" of diamonds from the Marange region (Marange) before their relationship soured. This was reported by the reporters of the newspaper Zimbabwe Independent.
The newspaper quoted the executive director of Zimbabwe's Natural Resources Management Center (Centre for Natural Resource Governance) Farai Maguwu (Farai Maguwu), who said that the Minerals Marketing Corporation of Zimbabwe (MMCZ) in collaboration with the Reserve Bank of Zimbabwe (RBZ) conducted an all-out buying diamonds in 2007 from miners.
MMCZ wholly owned by the Government of Zimbabwe and to act as exclusive agent for the marketing and sale of minerals produced in the country, with the exception of gold and silver.
"MMCZ and the RBZ came in Marange and conducted an all-out buying diamonds from miners with Zimbabwean dollars", - said Maguwu.
"The miners celebrated these events and sought to sell diamonds mined government - he continues -. However, in the same period, we observed an increase in the number of foreign buyers, who used to buy diamonds have American dollars."
Maguwu also claimed that an influx of foreign buyers has become a concern of the Government, as the miners began to avoid officials from MMCZ and RBZ in favor of foreigners.
"After the government found that the miners selected foreign buyers, a number of events, and as a result, foreign buyers have settled in Mozambique, - he said -. Prospectors began then to carry diamonds across the border in the province of Manica in Mozambique to meet with foreign customers. "
Maguwu also claimed that Harare then conducted an operation code-named "No refund", which resulted in more illegal miners were killed.
Nevertheless, the government of Zimbabwe has denied all charges.
http://www.feedlisting.com/rss-feed-url/898217.html
The newspaper quoted the executive director of Zimbabwe's Natural Resources Management Center (Centre for Natural Resource Governance) Farai Maguwu (Farai Maguwu), who said that the Minerals Marketing Corporation of Zimbabwe (MMCZ) in collaboration with the Reserve Bank of Zimbabwe (RBZ) conducted an all-out buying diamonds in 2007 from miners.
MMCZ wholly owned by the Government of Zimbabwe and to act as exclusive agent for the marketing and sale of minerals produced in the country, with the exception of gold and silver.
"MMCZ and the RBZ came in Marange and conducted an all-out buying diamonds from miners with Zimbabwean dollars", - said Maguwu.
"The miners celebrated these events and sought to sell diamonds mined government - he continues -. However, in the same period, we observed an increase in the number of foreign buyers, who used to buy diamonds have American dollars."
Maguwu also claimed that an influx of foreign buyers has become a concern of the Government, as the miners began to avoid officials from MMCZ and RBZ in favor of foreigners.
"After the government found that the miners selected foreign buyers, a number of events, and as a result, foreign buyers have settled in Mozambique, - he said -. Prospectors began then to carry diamonds across the border in the province of Manica in Mozambique to meet with foreign customers. "
Maguwu also claimed that Harare then conducted an operation code-named "No refund", which resulted in more illegal miners were killed.
Nevertheless, the government of Zimbabwe has denied all charges.
http://www.feedlisting.com/rss-feed-url/898217.html
Company Koin International, specializing in the organization of tender sales of rough and polished diamonds, a tender of rough diamonds in January 16-26 in Antwerp, told the Antwerp World Diamond Center (AWDC).
At the auction exhibited a wide range of original diamond products from Africa, including mine Diamcor Crown Endor (Krone-Endora), from the company ANGOLA F2M - over 50 000 carats from ANGOLA 10.80+ - single stone average weight of 25 carats, fancy diamonds intense bright yellow color, as well as products from the Democratic Republic of the Congo, Sierra Leone and Guinea.
Visitors are conducted by appointment only.
http://www.feedage.com/feeds/23910359/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
At the auction exhibited a wide range of original diamond products from Africa, including mine Diamcor Crown Endor (Krone-Endora), from the company ANGOLA F2M - over 50 000 carats from ANGOLA 10.80+ - single stone average weight of 25 carats, fancy diamonds intense bright yellow color, as well as products from the Democratic Republic of the Congo, Sierra Leone and Guinea.
Visitors are conducted by appointment only.
http://www.feedage.com/feeds/23910359/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
The company Petra Diamonds said its diamond production jumped by 24% to 2.02 million carats in the first half of the 2017 fiscal year compared to 1.63 million carats a year earlier due to increased content of stones in the rock, and against the background of the additional production of rough diamonds after acquisition of assets Kimberley Mines in South Africa, along with his partner Ekapa Mining.
In the reporting period, production Ekapa Mining Kimberley (Kimberley) amounted to 432,174 carats compared to 84,358 carats in the same period of the previous year.
Extraction diamond Cullinan (Cullinan) also increased by 30% to 419 754 carats, compared to 322,366 carats a year earlier.
However, production at Finsch Mine (Finsch) fell by 6% to 1.03 million carats during the reporting period, with 1.09 million carats a year earlier. This was due to the planned reduction of production volumes of tailings.
Petra said that it still intends to ensure that the total volume of diamond production at 4.4 million - 4.6 million carats a year.
"Due to increased processing of ore with a large content of diamonds in the first half of 2017 we were able to show strong operating results reported a significant increase in production and income", - said Johan Dippenaar (Johan Dippenaar), Chief Executive Officer of Petra Diamonds.
"We continue to advance our expansion program and, from this moment, to observe a significant reduction in capital costs of capital projects that were started in 2009, were unsuccessful." - he continues.
At the same time, the Group's revenue jumped 48% to $ 228.5 million in the period under review, against $ 154 million a year earlier, due to the increase in sales volumes.
Diamond sales increased by 47% during the reporting period to 1.91 million carats, while during the first half of the 2016 fiscal year, they accounted for only 1.3 million carats.
http://www.feedage.com/feeds/23910357/wedding-pearl-jewelry-bridal-pearl-necklace
In the reporting period, production Ekapa Mining Kimberley (Kimberley) amounted to 432,174 carats compared to 84,358 carats in the same period of the previous year.
Extraction diamond Cullinan (Cullinan) also increased by 30% to 419 754 carats, compared to 322,366 carats a year earlier.
However, production at Finsch Mine (Finsch) fell by 6% to 1.03 million carats during the reporting period, with 1.09 million carats a year earlier. This was due to the planned reduction of production volumes of tailings.
Petra said that it still intends to ensure that the total volume of diamond production at 4.4 million - 4.6 million carats a year.
"Due to increased processing of ore with a large content of diamonds in the first half of 2017 we were able to show strong operating results reported a significant increase in production and income", - said Johan Dippenaar (Johan Dippenaar), Chief Executive Officer of Petra Diamonds.
"We continue to advance our expansion program and, from this moment, to observe a significant reduction in capital costs of capital projects that were started in 2009, were unsuccessful." - he continues.
At the same time, the Group's revenue jumped 48% to $ 228.5 million in the period under review, against $ 154 million a year earlier, due to the increase in sales volumes.
Diamond sales increased by 47% during the reporting period to 1.91 million carats, while during the first half of the 2016 fiscal year, they accounted for only 1.3 million carats.
http://www.feedage.com/feeds/23910357/wedding-pearl-jewelry-bridal-pearl-necklace
Nine new diamond deposits located in two Arctic regions of Yakutia, will be in operation until 2025 ALROSA subsidiaries. This Tass on Monday the first deputy minister of Industry and Geology of the Republic Vasily Zakharov.
"During the period 2016-2025 gg. the two companies - "Lower Lena" and "Diamonds of Anabar" (ALROSA subsidiaries) will be put into operation nine fields on the territories of two Arctic regions ", - he said.
Until 2025 the company plans to master the 2.8 billion rubles of capital investments in the construction of industrial facilities. Investments in the modernization and replacement of worn-out equipment is planned in the amount of 19.3 billion rubles for exploration - 7.5 billion rubles.
At the moment, the company, being the owners of the licensed subsoil areas to search, exploration and development of placer and primary deposits of diamonds.
http://www.feedage.com/feeds/23910343/wedding-pearl-jewelry-bridal-pearl-necklace
"During the period 2016-2025 gg. the two companies - "Lower Lena" and "Diamonds of Anabar" (ALROSA subsidiaries) will be put into operation nine fields on the territories of two Arctic regions ", - he said.
Until 2025 the company plans to master the 2.8 billion rubles of capital investments in the construction of industrial facilities. Investments in the modernization and replacement of worn-out equipment is planned in the amount of 19.3 billion rubles for exploration - 7.5 billion rubles.
At the moment, the company, being the owners of the licensed subsoil areas to search, exploration and development of placer and primary deposits of diamonds.
http://www.feedage.com/feeds/23910343/wedding-pearl-jewelry-bridal-pearl-necklace
DiamondCorp reported receiving a total of about £ 1 million through the placement of 25.4 million new ordinary shares at 4p each.
Earlier this month the company announced that the proceeds from the share issue will be mainly used for urgent financial needs for the mine Lace (Lace) in South Africa.
Also diamond company junior, is confronted with serious problems, announced the release of a total 3.15 million new ordinary shares with 3.15 million coupons to purchase one additional share. This was done to meet the requirements relating to certain arrears.
Completing the reception and placement of shares will come into force on Thursday.
After the issuance of shares and subject to the conclusion of an employment contract with the Association of Workers' and mine builders (Association of Mineworkers and Construction Union, AMCU) South Africa, the number of issued ordinary shares will be DiamondCorp 507.3 million.
http://www.feedlisting.com/rss-feed-url/898225.html
Earlier this month the company announced that the proceeds from the share issue will be mainly used for urgent financial needs for the mine Lace (Lace) in South Africa.
Also diamond company junior, is confronted with serious problems, announced the release of a total 3.15 million new ordinary shares with 3.15 million coupons to purchase one additional share. This was done to meet the requirements relating to certain arrears.
Completing the reception and placement of shares will come into force on Thursday.
After the issuance of shares and subject to the conclusion of an employment contract with the Association of Workers' and mine builders (Association of Mineworkers and Construction Union, AMCU) South Africa, the number of issued ordinary shares will be DiamondCorp 507.3 million.
http://www.feedlisting.com/rss-feed-url/898225.html
President of the WFDB (World Federation of Diamond Bourses, WFDB ) Ernie Blom (Ernie Blom) held in Johannesburg from online webinar for GemAtlas, during which the participants consulted on business planning in the new year, said the WFDB.
Speaking about the demand forecast and the evaluation of the proposal, Blom said that in the coming year, rough diamond market has started very strongly, and it is likely to be followed by diamond market. Blom expects to market stability and progress.
Relative to the forecast price fluctuations, he said that industry players should only buy at prices that can bring them profit. Blom advised to abandon the purchase of products for the purpose of price speculation, saying that liquidity is important to the industry.
He said that the issue of funding will be decided on a special financial seminar in the framework of the meeting of the Presidents of Diamond Bourses February 5-8 in Mumbai. The workshop will identify ways to ensure the diamond industry more attractive to financiers and bankers. The presence at the seminar of financial companies and banks will provide positive signals about interest in ensuring mutual growth, said Blom.
Speaking about the need for a common successful business model to ensure growth in all segments of the diamond pipeline, Block said that it is important to share profits, because the presence of only one weak link affects the whole chain of the diamond supply. He also drew attention to the need to work together seamlessly.
Blom stressed the importance of common marketing activities in order to increase the demand for diamonds. He said he was glad that manufacturers understand the threats and challenges, noting that in this respect the excellent work done Diamond Manufacturers Association (Diamond Producers Association, DPA) and the World Diamond brand (World Diamond Mark).
Interactive Q & A session showed that participants in the webinar is particularly concerned about diamonds grown in the laboratory. Blom said in this connection that the sale of these stones will inevitably rise, and this should be taken for granted. However, according to Blom, the WFDB is expected to provide full transparency in the sale of synthetic stones and encourages individual exchanges resolutely fight against the practice of mixing them with natural diamonds.
http://www.feedlisting.com/rss-feed-url/898224.html
Speaking about the demand forecast and the evaluation of the proposal, Blom said that in the coming year, rough diamond market has started very strongly, and it is likely to be followed by diamond market. Blom expects to market stability and progress.
Relative to the forecast price fluctuations, he said that industry players should only buy at prices that can bring them profit. Blom advised to abandon the purchase of products for the purpose of price speculation, saying that liquidity is important to the industry.
He said that the issue of funding will be decided on a special financial seminar in the framework of the meeting of the Presidents of Diamond Bourses February 5-8 in Mumbai. The workshop will identify ways to ensure the diamond industry more attractive to financiers and bankers. The presence at the seminar of financial companies and banks will provide positive signals about interest in ensuring mutual growth, said Blom.
Speaking about the need for a common successful business model to ensure growth in all segments of the diamond pipeline, Block said that it is important to share profits, because the presence of only one weak link affects the whole chain of the diamond supply. He also drew attention to the need to work together seamlessly.
Blom stressed the importance of common marketing activities in order to increase the demand for diamonds. He said he was glad that manufacturers understand the threats and challenges, noting that in this respect the excellent work done Diamond Manufacturers Association (Diamond Producers Association, DPA) and the World Diamond brand (World Diamond Mark).
Interactive Q & A session showed that participants in the webinar is particularly concerned about diamonds grown in the laboratory. Blom said in this connection that the sale of these stones will inevitably rise, and this should be taken for granted. However, according to Blom, the WFDB is expected to provide full transparency in the sale of synthetic stones and encourages individual exchanges resolutely fight against the practice of mixing them with natural diamonds.
http://www.feedlisting.com/rss-feed-url/898224.html
ALROSA Group published its operating results and preliminary sales results for the IV quarter and 12 months of 2016. Mining Group ALROSA by the end of 2016 amounted to 37.4 million carats, down by 2% in connection with the adjustment of production plan compared to last year's results from the alluvial deposits in the II and III quarters of 2016 in accordance with the situation in the diamond market, developed by the end of 2015.
The increase in production IV quarter of 2016 by 10% as compared to IV quarter 2015 was due to the development of diamond in underground mines Group ALROSA and the design capacity of the underground mine tube "Mir".
According to preliminary data, the volume of the Group's Alrosa diamond sales by the end of 2016 amounted to 40.1 million carats, revenue from diamond sales -. Not less than $ 4.3 billion
volume of diamond sales in the IV quarter of 2016 amounted to 10.1 million carats, including 6.6 million carats of gem quality diamonds by an average price of $ 127 / carats and 3.5 million carats technical quality diamonds by an average price of $ 6 / ct. The proceeds from diamond sales was at least $ 849 million for the IV quarter of 2016.
http://www.feedage.com/feeds/23910348/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
The increase in production IV quarter of 2016 by 10% as compared to IV quarter 2015 was due to the development of diamond in underground mines Group ALROSA and the design capacity of the underground mine tube "Mir".
According to preliminary data, the volume of the Group's Alrosa diamond sales by the end of 2016 amounted to 40.1 million carats, revenue from diamond sales -. Not less than $ 4.3 billion
volume of diamond sales in the IV quarter of 2016 amounted to 10.1 million carats, including 6.6 million carats of gem quality diamonds by an average price of $ 127 / carats and 3.5 million carats technical quality diamonds by an average price of $ 6 / ct. The proceeds from diamond sales was at least $ 849 million for the IV quarter of 2016.
http://www.feedage.com/feeds/23910348/gift-jewelry-pearl-necklace-pearl-bracelet-pearl-ring-and-pearl-earrings
Diamond District in Antwerp in accordance with the annual tradition during the last three days of January takes the next - the eighth - Session BrilliAnt, the Antwerp Diamond Trade Fair (Antwerp Diamond Trade Fair).
In the Sunday, January 29 at the fairs held in the trading halls of Antwerp Diamond Bourse (Antwerp Diamond Bourse) and the Diamond Club of Antwerp (Diamond Club of Antwerp), attended by hundreds of manufacturers of jewelry and other diamond buyers.
Among them - the delegation from Japan, China and the Middle East. A wide selection of diamonds of various sizes, shapes and features, as well as the colored gemstone industry and services to visitors fairs offer not less than 95 exhibitors.
One of the most striking exhibits of the show was the guitar "beatific Coronet» ( "Eden of Coronet" ). Musical instrument, whose design was inspired by nature - the result of joint efforts of Aaron Shum companies, Coronet, Chow Fai Took, Gibson Guitar, as well as a songwriter and designer Marc Louis (Mark Lui). This masterpiece with diamonds firm Coronet® weighing over 400 carats and white 18-karat gold weight of 1.6 kilograms. In 2015, this guitar (originally produced by musical instruments Gibson) has been awarded in the list of Guinness World Records title of most valuable guitars, valued at $ 2 million.
Attracted wide interest provided BrilliAnt program workshop "How to direct shoppers to retailers - the model of the World Diamond brand» ( 'Driving traffic to retailers - the World Diamond Mark® Model'), in which the presentation of the World Diamond brand. A new internet site of the organization and the consumer-oriented programs, network marketing channels are shown to be the most effective and affordable tools to increase the attractiveness of the product to consumers and ensure that demand from the retail jewelery traders were presented.
Antwerp Diamond Trade Fair is a joint initiative BrilliAnt Antverenskoy Diamond Exchange, Diamond Club of Antwerp, Antwerp Diamond Circle and the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) .
http://www.feedage.com/feeds/23910356/pearl-jewelry-pearl-necklace
In the Sunday, January 29 at the fairs held in the trading halls of Antwerp Diamond Bourse (Antwerp Diamond Bourse) and the Diamond Club of Antwerp (Diamond Club of Antwerp), attended by hundreds of manufacturers of jewelry and other diamond buyers.
Among them - the delegation from Japan, China and the Middle East. A wide selection of diamonds of various sizes, shapes and features, as well as the colored gemstone industry and services to visitors fairs offer not less than 95 exhibitors.
One of the most striking exhibits of the show was the guitar "beatific Coronet» ( "Eden of Coronet" ). Musical instrument, whose design was inspired by nature - the result of joint efforts of Aaron Shum companies, Coronet, Chow Fai Took, Gibson Guitar, as well as a songwriter and designer Marc Louis (Mark Lui). This masterpiece with diamonds firm Coronet® weighing over 400 carats and white 18-karat gold weight of 1.6 kilograms. In 2015, this guitar (originally produced by musical instruments Gibson) has been awarded in the list of Guinness World Records title of most valuable guitars, valued at $ 2 million.
Attracted wide interest provided BrilliAnt program workshop "How to direct shoppers to retailers - the model of the World Diamond brand» ( 'Driving traffic to retailers - the World Diamond Mark® Model'), in which the presentation of the World Diamond brand. A new internet site of the organization and the consumer-oriented programs, network marketing channels are shown to be the most effective and affordable tools to increase the attractiveness of the product to consumers and ensure that demand from the retail jewelery traders were presented.
Antwerp Diamond Trade Fair is a joint initiative BrilliAnt Antverenskoy Diamond Exchange, Diamond Club of Antwerp, Antwerp Diamond Circle and the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) .
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British jewelry house family F. Hinds joined the program of the World Diamond brand Foundation (World Diamond Mark, WDM), becoming its Authorized diamond dealer (Authorised Diamond Dealer). F. Hinds owns 118 stores in the UK and is the first British retailer to join the WDM. Thus, in all of its retail stores will be placed print diamond WDM Authorized Dealer.
"Participation in the Authorized Dealer diamond WDM is a logical step for our company, - said Endryu Hinds (Andrew Hinds), director of F. Hinds -. We are constantly looking for opportunities to improve our achievements, service and sales to the final consumer good Thus, the mission. WDM to revive consumer demand for diamonds, its programs and services to the consumer completely synchronized with our business objectives. "
Chairman WDM Alex Popov (Alex Popov) said: "WDM found the best jewelry retailer in the UK to be awarded the honor of becoming his diamond Authorized Dealer Reputation F. Hinds is impeccable, and we have the honor to take the company with all its 118 branches in our program soon WDM.. will launch the first consumer-oriented campaign "Part of you" (Part of you), which will be launched on the site www.passion.diamonds ".
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"Participation in the Authorized Dealer diamond WDM is a logical step for our company, - said Endryu Hinds (Andrew Hinds), director of F. Hinds -. We are constantly looking for opportunities to improve our achievements, service and sales to the final consumer good Thus, the mission. WDM to revive consumer demand for diamonds, its programs and services to the consumer completely synchronized with our business objectives. "
Chairman WDM Alex Popov (Alex Popov) said: "WDM found the best jewelry retailer in the UK to be awarded the honor of becoming his diamond Authorized Dealer Reputation F. Hinds is impeccable, and we have the honor to take the company with all its 118 branches in our program soon WDM.. will launch the first consumer-oriented campaign "Part of you" (Part of you), which will be launched on the site www.passion.diamonds ".
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Zimbabwe Consolidated Diamond Company (ZCDC) is considering the use of UAVs for more "effective" monitoring of diamond mining in Marange (Marange), according to local media reports.
NewsDay quoted the executive director ZCDC Nyashanu Ridge (Ridge Nyashanu), who said that the new technology will help the company avoid leaks stones.
"In the future it is also planned to introduce the use of unmanned aerial vehicles to monitor all mining areas, because they are big, - he said -. We also intend to integrate video surveillance systems in ZCDC system for remote monitoring access to the fields."
ZCDC is currently in production on two concessions, which had previously worked diamond company Diamond Mining Company and Marange Resources, noted in Newsday.
Areas previously owned Mbada, Anjin and Jinan You, not yet occupied ZCDC due to deferred trial.
In 2016, 953,818 carats were produced at the diamond fields of Zimbabwe by ZCDC, compared to 2.3 million carats in the previous year.
In June 2016 it was expected that diamond mining in the country of 1.3 million carats
When creating ZCDC initially assumed that the company will be consolidated diamond mine of 6.9 million carats of diamonds per year.
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NewsDay quoted the executive director ZCDC Nyashanu Ridge (Ridge Nyashanu), who said that the new technology will help the company avoid leaks stones.
"In the future it is also planned to introduce the use of unmanned aerial vehicles to monitor all mining areas, because they are big, - he said -. We also intend to integrate video surveillance systems in ZCDC system for remote monitoring access to the fields."
ZCDC is currently in production on two concessions, which had previously worked diamond company Diamond Mining Company and Marange Resources, noted in Newsday.
Areas previously owned Mbada, Anjin and Jinan You, not yet occupied ZCDC due to deferred trial.
In 2016, 953,818 carats were produced at the diamond fields of Zimbabwe by ZCDC, compared to 2.3 million carats in the previous year.
In June 2016 it was expected that diamond mining in the country of 1.3 million carats
When creating ZCDC initially assumed that the company will be consolidated diamond mine of 6.9 million carats of diamonds per year.
http://www.feedage.com/feeds/23910345/royal-pearl-jewelry-celebrities-pearl-jewelry-fashion
Company Koin International, specializing in the organization of tender sales of rough and polished diamonds, a tender of rough diamonds in January 16-26 in Antwerp, told the Antwerp World Diamond Center (AWDC).
At the auction exhibited a wide range of original diamond products from Africa, including mine Diamcor Crown Endor (Krone-Endora), from the company ANGOLA F2M - over 50 000 carats from ANGOLA 10.80+ - single stone average weight of 25 carats, fancy diamonds intense bright yellow color, as well as products from the Democratic Republic of the Congo, Sierra Leone and Guinea.
Visitors are conducted by appointment only.
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At the auction exhibited a wide range of original diamond products from Africa, including mine Diamcor Crown Endor (Krone-Endora), from the company ANGOLA F2M - over 50 000 carats from ANGOLA 10.80+ - single stone average weight of 25 carats, fancy diamonds intense bright yellow color, as well as products from the Democratic Republic of the Congo, Sierra Leone and Guinea.
Visitors are conducted by appointment only.
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Russian diamond miner Alrosa said on removing three large diamonds from two deposits, the ore from which recycles Aikhal Mining and Processing Plant (GOK).
Two of the crystal tube "Jubilee", weighing 60.22 and 73.50 carats mined at the processing plant №14. Another stone weighing 66.24 carats extracted from the tube "Komsomolskaya" in the factory №8. According to the basic characteristics of the crystals have the shape of an octahedron, transparent, with a yellowish tinge.
In 2016, 22 large crystal "Jubilee" tube was found in weight from 50 to 122 carats. Among them - the diamond weighing 121.96 carats, the stone weighing 79.35 carats.
Tube "Komsomolskaya" is also famous for its large crystals. Among them - diamonds weighing 55.70 carats and 70.20 carats.
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Russian diamond miner Alrosa said on removing three large diamonds from two deposits, the ore from which recycles Aikhal Mining and Processing Plant (GOK).
Two of the crystal tube "Jubilee", weighing 60.22 and 73.50 carats mined at the processing plant №14. Another stone weighing 66.24 carats extracted from the tube "Komsomolskaya" in the factory №8. According to the basic characteristics of the crystals have the shape of an octahedron, transparent, with a yellowish tinge.
In 2016, 22 large crystal "Jubilee" tube was found in weight from 50 to 122 carats. Among them - the diamond weighing 121.96 carats, the stone weighing 79.35 carats.
Tube "Komsomolskaya" is also famous for its large crystals. Among them - diamonds weighing 55.70 carats and 70.20 carats.
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Lucara Diamond appointed Moolman Mining Botswana (Aveng Moolmans) as its new contractor to work at a diamond mine cars (Karowe) in Botswana.
Aveng Moolmans concluded with the company Lucara contract for a six-year period to provide a full range of services in the field of mountain mining at the mine, including all the features of drilling, blasting, unloading ore and gangue.
"We are very pleased that Aveng Moolmans hired as our new partner for mining in the mine cars," - said the president and CEO of Lucara Uilyam Lemb (William Lamb).
"The extensive experience of the company in Botswana and other African countries, together with its proven track record and the ability to achieve the necessary production volumes during the term of the contract makes it a valuable partner. We are working to maximize the future value of an incredibly valuable resource cars mines for our shareholders and all stakeholders in Botswana, "- said Lamb, adding that Aveng Moolmans should begin mobilizing equipment on site in January and February.
It was also decided to start diamond mining in early March.
Lamb said the company in December continued to process ore from stockpiles on the southern and central parts of the project.
This, he said, will allow the company to achieve the planned level of production for the year.
At the end of last year Lucara broke the contract for mining with the former contractor, the South African company Eqstra.
Earlier it was expected that the contract will expire in December 2020, but Lucara about two weeks ago announced its early termination.
It is reported that this was due to lower volumes of processing of rock at the mine, compared with the contract due to the actions of the contractor.
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Aveng Moolmans concluded with the company Lucara contract for a six-year period to provide a full range of services in the field of mountain mining at the mine, including all the features of drilling, blasting, unloading ore and gangue.
"We are very pleased that Aveng Moolmans hired as our new partner for mining in the mine cars," - said the president and CEO of Lucara Uilyam Lemb (William Lamb).
"The extensive experience of the company in Botswana and other African countries, together with its proven track record and the ability to achieve the necessary production volumes during the term of the contract makes it a valuable partner. We are working to maximize the future value of an incredibly valuable resource cars mines for our shareholders and all stakeholders in Botswana, "- said Lamb, adding that Aveng Moolmans should begin mobilizing equipment on site in January and February.
It was also decided to start diamond mining in early March.
Lamb said the company in December continued to process ore from stockpiles on the southern and central parts of the project.
This, he said, will allow the company to achieve the planned level of production for the year.
At the end of last year Lucara broke the contract for mining with the former contractor, the South African company Eqstra.
Earlier it was expected that the contract will expire in December 2020, but Lucara about two weeks ago announced its early termination.
It is reported that this was due to lower volumes of processing of rock at the mine, compared with the contract due to the actions of the contractor.
http://www.feedage.com/feeds/23910361/classic-pearl-jewelry-tradition-pearl-necklace
Jewelry House "Esthete" 1-5 February 2016 will present the exhibition "Junwex Petersburg" products of its leading brands, introduced the guests to show how to have their favorite collections and novelties.
GEVORKYAN, the flagship brand of "Esthete" jewelry at home, will introduce more than 40 new products with colorful jewelry stones such as lapis lazuli, amazonite, agate and carnelian, from the collections of Symphony of Colors, Fairy Tale, Aphrodita , Garden.
Brand Estet Moscow, in addition to the collection Wish, Art of Seduction «Thorns and Roses" and the Silver Totem, "a live selection 'for the first time in the mode will present new collection Amoris, Virtus Lady, Totem GOLD, as well as a new line of jewelry from the collection of" Ariadne "in gold 585.
Also at the February Russian jewelry house exhibition will present new products of advanced Enigma collection. Now a special oil solution, wherein the float transparent crystals enclosed in the scope of the drop, mushrooms and bullets. Perfect quality frame of gold or silver beneficial stresses entire luster and grandeur these decorations.
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GEVORKYAN, the flagship brand of "Esthete" jewelry at home, will introduce more than 40 new products with colorful jewelry stones such as lapis lazuli, amazonite, agate and carnelian, from the collections of Symphony of Colors, Fairy Tale, Aphrodita , Garden.
Brand Estet Moscow, in addition to the collection Wish, Art of Seduction «Thorns and Roses" and the Silver Totem, "a live selection 'for the first time in the mode will present new collection Amoris, Virtus Lady, Totem GOLD, as well as a new line of jewelry from the collection of" Ariadne "in gold 585.
Also at the February Russian jewelry house exhibition will present new products of advanced Enigma collection. Now a special oil solution, wherein the float transparent crystals enclosed in the scope of the drop, mushrooms and bullets. Perfect quality frame of gold or silver beneficial stresses entire luster and grandeur these decorations.
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De Beers mining diamonds in the fourth quarter of 2016 jumped 10% to 7.8 million carats compared to 7.1 million carats in the same period a year earlier, when production was reduced in response to terms of trade, said in Anglo American, which owns diamond mining company.
Compared with the third quarter diamond mining groups also increased by 24% from 6.273 million carats. This was due to increase in production on the project Orapa (Orapa) in Botswana, as well as increasing diamond content on Venice Mine (Venetia) in South Africa and an increase in production at the mine Gacho Quay (Gahcho Kué) in Canada.
Debswana Diamond Company production jumped by 15% to 5.4 million carats during the period under review compared to 4.7 million carats, obtained in the same period last year.
In Namibia, as noted in Anglo's, the production of precious stones Namdeb Holdings also rose by 6% to 428 000 carats due to increased processing of the material from ships Debmarine Namibia.
However, in South Africa, De Beers Consolidated Mines (DBCM) demonstrated a slowing of production, albeit slightly, from 1.46 million carats to 1.4 million carats. Basically, this decrease was due to the sale Kimberley Mines in January 2016, and was partially offset by increased diamond content of 18% on the project in Venice.
De Beers mining in Canada increased by 13% to 500 000 carats in the background of increasing production at Gacho Quay. It said on Anglo's, was partially offset location on the care and maintenance of the mine Snap Lake (Snap Lake) in December 2015.
"We continue to improve production on the project Gacho Quay, and commercial production volumes are expected to be reached in the first quarter of 2017", - noted in the Anglo American.
At the same time, the total De Beers diamond sales grew more than twice during the reporting period, to 8.0 million carats compared to 3.6 million carats a year earlier.
Total volume of diamond sales for 2016 jumped 55% to 32.0 million carats from 20.6 million carats in 2015.
"The increase in sales reflects an improvement in trading conditions compared with those observed in the second half 2015", - stated in Anglo.
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Compared with the third quarter diamond mining groups also increased by 24% from 6.273 million carats. This was due to increase in production on the project Orapa (Orapa) in Botswana, as well as increasing diamond content on Venice Mine (Venetia) in South Africa and an increase in production at the mine Gacho Quay (Gahcho Kué) in Canada.
Debswana Diamond Company production jumped by 15% to 5.4 million carats during the period under review compared to 4.7 million carats, obtained in the same period last year.
In Namibia, as noted in Anglo's, the production of precious stones Namdeb Holdings also rose by 6% to 428 000 carats due to increased processing of the material from ships Debmarine Namibia.
However, in South Africa, De Beers Consolidated Mines (DBCM) demonstrated a slowing of production, albeit slightly, from 1.46 million carats to 1.4 million carats. Basically, this decrease was due to the sale Kimberley Mines in January 2016, and was partially offset by increased diamond content of 18% on the project in Venice.
De Beers mining in Canada increased by 13% to 500 000 carats in the background of increasing production at Gacho Quay. It said on Anglo's, was partially offset location on the care and maintenance of the mine Snap Lake (Snap Lake) in December 2015.
"We continue to improve production on the project Gacho Quay, and commercial production volumes are expected to be reached in the first quarter of 2017", - noted in the Anglo American.
At the same time, the total De Beers diamond sales grew more than twice during the reporting period, to 8.0 million carats compared to 3.6 million carats a year earlier.
Total volume of diamond sales for 2016 jumped 55% to 32.0 million carats from 20.6 million carats in 2015.
"The increase in sales reflects an improvement in trading conditions compared with those observed in the second half 2015", - stated in Anglo.
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The company Element Six, producing supermaterialy using synthetic diamonds, has announced its intention to transfer all production from its enterprise Ronaldsway in Freeport at production sites in Shannon, Ireland, and Springs, South Africa. The company expects to close the manufacturing operations on the Isle of Man in 2017, according to online resource iomtoday.
"Unfortunately, the planned restructuring will have implications for the 33 employees. Over the coming months, we intend to work closely with all stakeholders to ensure that the consequences of this decision have been resolved with the proper social responsibility ", - said in this connection, Naydzhel Bomont (Nigel Beaumont), managing director of Element Six.
The Chief Minister of the island Govard Kueyl (Howard Quayle), for his part, said that he had learned with sadness of the impending loss of 33 jobs, but he is convinced that it will have no impact on the socio-economic situation on the island.
Element Six, to carry out production activities there, until 2002 called Diamanx. She is a member of the De Beers Group. The company - the world leader in the design, development and production supermaterialov using synthetic diamonds. It operates globally with production facilities in China, Germany, Ireland, South Africa, the USA and the UK.
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"Unfortunately, the planned restructuring will have implications for the 33 employees. Over the coming months, we intend to work closely with all stakeholders to ensure that the consequences of this decision have been resolved with the proper social responsibility ", - said in this connection, Naydzhel Bomont (Nigel Beaumont), managing director of Element Six.
The Chief Minister of the island Govard Kueyl (Howard Quayle), for his part, said that he had learned with sadness of the impending loss of 33 jobs, but he is convinced that it will have no impact on the socio-economic situation on the island.
Element Six, to carry out production activities there, until 2002 called Diamanx. She is a member of the De Beers Group. The company - the world leader in the design, development and production supermaterialov using synthetic diamonds. It operates globally with production facilities in China, Germany, Ireland, South Africa, the USA and the UK.
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Forevermark diamonds holiday sales in the US jumped by 6.4% due to the launch of special product lines and focused marketing campaign, said Bryus Kliver (Bruce Cleaver), CEO of De Beers Group.
Brand sales, owned by De Beers, rose by 7.6% in 2016, said Cleaver Forevermark partners in a speech in New York. These figures are based on a survey of a representative sample of Forevermark Jewelers.
Forevermark brand metrics were generally better than those of other US retailers of jewelry segment in terms of sales growth and profitability for retailers, Cleaver said. Total jewelry sales in the US rose in December by 0.7%, and increased by 0.4% for the entire 2016, according to a study Pulse MasterCard. December sales growth of independent jewelers was 1.4%.
"Profitability of diamonds and diamond jewelry Forevermark margin was four points higher than the average for the sector, which reflects our ability to achieve added value with Forevermark and enhance profitability with the same amount of investments", - said Cleaver.
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Brand sales, owned by De Beers, rose by 7.6% in 2016, said Cleaver Forevermark partners in a speech in New York. These figures are based on a survey of a representative sample of Forevermark Jewelers.
Forevermark brand metrics were generally better than those of other US retailers of jewelry segment in terms of sales growth and profitability for retailers, Cleaver said. Total jewelry sales in the US rose in December by 0.7%, and increased by 0.4% for the entire 2016, according to a study Pulse MasterCard. December sales growth of independent jewelers was 1.4%.
"Profitability of diamonds and diamond jewelry Forevermark margin was four points higher than the average for the sector, which reflects our ability to achieve added value with Forevermark and enhance profitability with the same amount of investments", - said Cleaver.
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Firestone Diamonds reported that construction of its remaining 75% of the diamond mines Likhobong (Liqhobong) is now completed 100% in Lesotho.
Stuart Brown (Stuart Brown), CEO of Firestone Diamonds, said that the project is currently in the commissioning phase and increase production.
Processing of ore with lower grade diamonds in the last quarter brought the company 58 000 carats at an average grade of 14.4 carats per hundred tons of ore.
Companies are also able to produce more than 20 special stones larger than 10.8 carats, and the biggest of them was the white diamond weighing 37 carats. In addition, several fancy yellow diamond was obtained.
Cash on hand amounted to $ 4 million, and another $ 14 million was available under the credit line ABSA. Also, $ 15 million company can get as a loan for a specified purpose.
Meanwhile, the first sale of diamonds from the Firestone Likhobong was scheduled for 6 - February 10 in Antwerp, Belgium.
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Stuart Brown (Stuart Brown), CEO of Firestone Diamonds, said that the project is currently in the commissioning phase and increase production.
Processing of ore with lower grade diamonds in the last quarter brought the company 58 000 carats at an average grade of 14.4 carats per hundred tons of ore.
Companies are also able to produce more than 20 special stones larger than 10.8 carats, and the biggest of them was the white diamond weighing 37 carats. In addition, several fancy yellow diamond was obtained.
Cash on hand amounted to $ 4 million, and another $ 14 million was available under the credit line ABSA. Also, $ 15 million company can get as a loan for a specified purpose.
Meanwhile, the first sale of diamonds from the Firestone Likhobong was scheduled for 6 - February 10 in Antwerp, Belgium.
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Trade Development Council, Hong Kong (Hong Kong Trade Development Council, HKTDC ) will organize the Hong Kong International Exhibition of diamonds, precious stones and pearls (Hong Kong International Diamond, Gem & Pearl Show) from 28 February to 5 March in Expocentre AsiaWorld-Expo, and 34 th in a row the Hong Kong International jewelery Fair (Hong Kong International Jewellery Show) from 2 to 6 March at the Hong Kong conference and Exhibition center (Hong Kong Convention & Exhibition Centre) , HKTDC said in a statement.
Emphasizing the opportunities offered by HKTDC for Indian companies, Rajesh Bhagat (Rajesh Bhagat), HKTDC Consultant India, stressed the strong bilateral trade relations between Hong Kong and India, adding that these jewelry show created a good platform for improving business performance. "India and Hong Kong have a long and close business relationship While India will continue to play a leading role in regional economic growth, HKTDC can act as an information and market center for Indian enterprises to expand the market for jewelry." - added Bhagat .
Both shows will attract more than 4,380 exhibitors from more than 50 countries and regions, forming the largest exhibition and trading platform for jewelry in the world.
At the International Exhibition of diamonds, gemstones and pearls jewelry wide range of raw materials will be presented, such as diamonds, deposits of precious and semiprecious stones and pearls. A wide assortment of finished jewelry are shown in jewelry part public exposure. The exhibition will be open several themed areas, as well as the Hall of Fame of the more than 30 world-renowned jewelry brands.
Biennially awarded international award for excellence in the design of jewelry (International Jewellery Design Excellence Award). The award ceremony will be the highlight of the show and will take place on the first day of the exhibition. Products winners will be on display at the exhibition.
The show will also present a series of events, such as jewelry shows, seminars, forums and networking events which provide industry players the latest information about the jewelry industry.
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Emphasizing the opportunities offered by HKTDC for Indian companies, Rajesh Bhagat (Rajesh Bhagat), HKTDC Consultant India, stressed the strong bilateral trade relations between Hong Kong and India, adding that these jewelry show created a good platform for improving business performance. "India and Hong Kong have a long and close business relationship While India will continue to play a leading role in regional economic growth, HKTDC can act as an information and market center for Indian enterprises to expand the market for jewelry." - added Bhagat .
Both shows will attract more than 4,380 exhibitors from more than 50 countries and regions, forming the largest exhibition and trading platform for jewelry in the world.
At the International Exhibition of diamonds, gemstones and pearls jewelry wide range of raw materials will be presented, such as diamonds, deposits of precious and semiprecious stones and pearls. A wide assortment of finished jewelry are shown in jewelry part public exposure. The exhibition will be open several themed areas, as well as the Hall of Fame of the more than 30 world-renowned jewelry brands.
Biennially awarded international award for excellence in the design of jewelry (International Jewellery Design Excellence Award). The award ceremony will be the highlight of the show and will take place on the first day of the exhibition. Products winners will be on display at the exhibition.
The show will also present a series of events, such as jewelry shows, seminars, forums and networking events which provide industry players the latest information about the jewelry industry.
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The largest diamond mining companies - ALROSA and De Beers - hit by the demonetization of India, as it has caused decrease in demand for cheaper diamonds in November and December 2016, according to the portal Times of India.
According to the newspaper, small and medium enterprises in Surat Facetting faced a liquidity crisis with the announcement of the demonetization of November 8 last year.
Representatives of the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) of India reported Times of India, that the import of rough diamonds fell by 5% in value to $ 1.4 billion in December 2016, compared to $ 1, 5 billion in December 2015. Since the beginning of fiscal year 2016 (April-December), the import of rough diamonds to India increased by 25.4% compared to the same period last year to $ 12.69 billion against $ 10.11 billion a year earlier.
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According to the newspaper, small and medium enterprises in Surat Facetting faced a liquidity crisis with the announcement of the demonetization of November 8 last year.
Representatives of the Council to promote the export of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) of India reported Times of India, that the import of rough diamonds fell by 5% in value to $ 1.4 billion in December 2016, compared to $ 1, 5 billion in December 2015. Since the beginning of fiscal year 2016 (April-December), the import of rough diamonds to India increased by 25.4% compared to the same period last year to $ 12.69 billion against $ 10.11 billion a year earlier.
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Blue Nile has introduced a service that allows consumers to sell diamonds for cash. The company claims that it can offer better prices and greater transparency than traditional players foreclosure jewelery sector.
Service, developed in collaboration with a specialist in e-commerce Mondiamo, available only in the US and Canada, but plans are under way to its expansion on a global scale. According to the company, thousands of customers have used the product for the first time passed the pilot test in June.
The process of service within the service includes the deployment of a living system of pricing for the Blue Nile diamonds, the GIA has been certified, to create a guaranteed cash price range. Then customers will receive a free set of the insured for delivery, to provide their diamond jewelry for inspection and evaluation. The company then offers them a price.
Secondary market of diamond jewelry is estimated at billions of dollars annually, according to in Blue Nile, adding that total estimated cost of the diamond jewelry to consumers worldwide property exceeds $ 1 trillion. However, before the secondary market of diamond jewelry was a stressful and non-transparent sales experience, with an almost total lack of transparency around the true value of the product, the company said.
"One of the guiding principles of the Blue Nile is to ensure transparency for consumers, so that they can make a purchase of a diamond that is right for them, - said Harvey Kanter (Harvey Kanter), Chairman of the Board, CEO and President of Blue Nile -. This partnership provides transparency for those who wish to sell their diamond jewelry. "
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Service, developed in collaboration with a specialist in e-commerce Mondiamo, available only in the US and Canada, but plans are under way to its expansion on a global scale. According to the company, thousands of customers have used the product for the first time passed the pilot test in June.
The process of service within the service includes the deployment of a living system of pricing for the Blue Nile diamonds, the GIA has been certified, to create a guaranteed cash price range. Then customers will receive a free set of the insured for delivery, to provide their diamond jewelry for inspection and evaluation. The company then offers them a price.
Secondary market of diamond jewelry is estimated at billions of dollars annually, according to in Blue Nile, adding that total estimated cost of the diamond jewelry to consumers worldwide property exceeds $ 1 trillion. However, before the secondary market of diamond jewelry was a stressful and non-transparent sales experience, with an almost total lack of transparency around the true value of the product, the company said.
"One of the guiding principles of the Blue Nile is to ensure transparency for consumers, so that they can make a purchase of a diamond that is right for them, - said Harvey Kanter (Harvey Kanter), Chairman of the Board, CEO and President of Blue Nile -. This partnership provides transparency for those who wish to sell their diamond jewelry. "
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Blom Diamonds, diamond cutting company is a prominent representative of the diamond industry Erni Bloma (Ernie Blom), will be acquired by the Australian Tychean Resources for about $ 4.1 million. Under the deal, Tychean issue shares worth about $ 206,000 at the price per share at the level of 0,004 Australian dollar. It will acquire 74 per cent stake in Blom Diamonds. This amount will increase by approximately $ 1.3 million with a further issue of shares Tychean in each of the next three years, but this will happen only if the company will perform a lot of cutting and polishing predefined profit conditions, according to Rapaport reported.
Ernie Blom, who is the current president of the WFDB (World Federation of Diamond Bourses, WFDB ), founded Blom Diamonds in South Africa, which is engaged in diamond cutting. Blom will become managing director Tychean, when the transaction is closed, but will continue to be based in South Africa.
Tychean is an exploration company operating in Australia. The acquisition will be her first step in the diamond industry, said Dunkan Gordon (Duncan Gordon), the founder and one of the leaders Adelaide Equity Partners, which advised on the acquisition of a group Tychean diamond cutting company. Also, the group is negotiating on the purchase of a number of diamond exploration projects.
According Tychean data, the long-term outlook for the diamond trade is positive amid growing consumer demand and limited supply.
The transaction is expected to be completed within 90 days, as soon as it is approved by the Australian Securities Exchange (Australian Securities Exchange) and Tychean shareholders.
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Ernie Blom, who is the current president of the WFDB (World Federation of Diamond Bourses, WFDB ), founded Blom Diamonds in South Africa, which is engaged in diamond cutting. Blom will become managing director Tychean, when the transaction is closed, but will continue to be based in South Africa.
Tychean is an exploration company operating in Australia. The acquisition will be her first step in the diamond industry, said Dunkan Gordon (Duncan Gordon), the founder and one of the leaders Adelaide Equity Partners, which advised on the acquisition of a group Tychean diamond cutting company. Also, the group is negotiating on the purchase of a number of diamond exploration projects.
According Tychean data, the long-term outlook for the diamond trade is positive amid growing consumer demand and limited supply.
The transaction is expected to be completed within 90 days, as soon as it is approved by the Australian Securities Exchange (Australian Securities Exchange) and Tychean shareholders.
http://feeds.feedburner.com/JewelryTradition
Group LVMH Moët Hennessy Louis Vuitton reported that sales of jewelry and watches rebounded in the fourth quarter, indicating a strengthening of consumer sentiment in this holiday season after the global economic uncertainty.
LVMH revenue rose 9% to $ 1.05 billion in the three months that ended on 31 December.
Group sales, which sells luxury jewelry, wine, fashion products and cosmetics have also increased by 9% to $ 12.06 billion.
Sales of jewelry and watches rose 5% to $ 3.71 billion for the full year 2016. Proceeds from the exclusive Bulgari jewelry brand ahead of the market, and has shown strong results in China, South Korea and the Middle East. Sales of the entire group LVMH rose 5% to $ 40.22 billion.
"LVMH achieved excellent performance in 2016 in the context of the geopolitical and economic instability", - said Bernar Arno (Bernard Arnault) Chairman and Chief Executive Officer of LVMH.
Jewelery and watches brands of LVMH-owned, led to about 9% of group revenues, as well as in 2015. The LVMH brands include Bulgari, Chaumet, Tag Heuer, Hublot and De Beers Diamond Jewellers.
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LVMH revenue rose 9% to $ 1.05 billion in the three months that ended on 31 December.
Group sales, which sells luxury jewelry, wine, fashion products and cosmetics have also increased by 9% to $ 12.06 billion.
Sales of jewelry and watches rose 5% to $ 3.71 billion for the full year 2016. Proceeds from the exclusive Bulgari jewelry brand ahead of the market, and has shown strong results in China, South Korea and the Middle East. Sales of the entire group LVMH rose 5% to $ 40.22 billion.
"LVMH achieved excellent performance in 2016 in the context of the geopolitical and economic instability", - said Bernar Arno (Bernard Arnault) Chairman and Chief Executive Officer of LVMH.
Jewelery and watches brands of LVMH-owned, led to about 9% of group revenues, as well as in 2015. The LVMH brands include Bulgari, Chaumet, Tag Heuer, Hublot and De Beers Diamond Jewellers.
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Central Board of Direct Taxes in India (Central Board of Direct Taxes, CBDT ) to February 15, 2017 banned the diamond couriers (angadias) in the country to carry cash. Couriers also have to stop taking cash for transportation, according to the Times of India.
Thus, now the so-called "angadias" will only carry valuable jewelry, diamonds, diamonds and other precious stones. However, they will no longer carry cash on 15 February, so as not to cause a response by the CBDT.
Indian diamond couriers famous for the fact that they are a kind of "informal banks" for the representatives of the Indian diamond industry. "Angadias" give cash to Indian small and medium diamantaires at interest, and now this practice will come under serious blow.
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Thus, now the so-called "angadias" will only carry valuable jewelry, diamonds, diamonds and other precious stones. However, they will no longer carry cash on 15 February, so as not to cause a response by the CBDT.
Indian diamond couriers famous for the fact that they are a kind of "informal banks" for the representatives of the Indian diamond industry. "Angadias" give cash to Indian small and medium diamantaires at interest, and now this practice will come under serious blow.
http://feedbucket.com/?src=http%3A%2F%2Ffeeds.feedburner.com%2FRoyalPearls
agency to work with the Kimberley Process (US Kimberley Process Authority, USKPA) employed, being deprived of legal status since, as the Secretary of State of Delaware to cancel the registration of the organization, and no one even noticed, says a source, referring to the report prepared by the an industry analyst and journalist Haimom Even-Zohar.
USKPA was established to control the use of certificates of the Kimberley Process (KP) on the export of rough diamonds from the United States.
The source, who asked to remain anonymous, said that currently USKPA working on correcting this situation.
Only business entities licensed USKPA, can use the Kimberley Process certificates for export of rough diamonds from the United States.
Currently, there are 19 licensees USKPA, among them - some well-known companies such as Brinks Global, Malca Amit and G4S International.
USKPA indicates on its website that the export of rough diamonds from the United States is regulated by the clean diamond trade (Clean Diamond Trade Act). The bill was passed by Congress and signed by President George W. Bush in 2003.
This law created a system for trade in rough diamonds, in accordance with standards established by the Kimberley Process.
KP wants to limit trade in "conflict diamonds", which are used by rebel movements or their allies to finance conflict aimed at undermining legitimate governments activities.
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USKPA was established to control the use of certificates of the Kimberley Process (KP) on the export of rough diamonds from the United States.
The source, who asked to remain anonymous, said that currently USKPA working on correcting this situation.
Only business entities licensed USKPA, can use the Kimberley Process certificates for export of rough diamonds from the United States.
Currently, there are 19 licensees USKPA, among them - some well-known companies such as Brinks Global, Malca Amit and G4S International.
USKPA indicates on its website that the export of rough diamonds from the United States is regulated by the clean diamond trade (Clean Diamond Trade Act). The bill was passed by Congress and signed by President George W. Bush in 2003.
This law created a system for trade in rough diamonds, in accordance with standards established by the Kimberley Process.
KP wants to limit trade in "conflict diamonds", which are used by rebel movements or their allies to finance conflict aimed at undermining legitimate governments activities.
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Kimberley Diamonds has received more than 4 million Australian dollars by means of a proportional share issue without the possibility of giving up ownership to fund operations at its diamond mine Lera (Lerala) in Botswana. Also, these funds will be used to repay certain existing loans.
The share issue will end on February 15.
Shareholders will be able to purchase one new share for each of the Kimberley shares. The new paper will be evaluated by 2 Australian cents each.
Kimberley Diamonds has formed new debt in the amount of 2.9 million Australian dollars, and repaid debt in the amount of 1 million Australian dollars from October 1, 2016.
Also, as of December 1, 2016 the company's total debt amounted to 22.6 million Australian dollars.
Lera Mine includes five diamondiferous kimberlite pipes and the existing processing plant diamond ore, which was again put into operation in April 2016 after the resumption of operations at Lera.
In November last year, 9338 carats of diamonds were mined at Lera.
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The share issue will end on February 15.
Shareholders will be able to purchase one new share for each of the Kimberley shares. The new paper will be evaluated by 2 Australian cents each.
Kimberley Diamonds has formed new debt in the amount of 2.9 million Australian dollars, and repaid debt in the amount of 1 million Australian dollars from October 1, 2016.
Also, as of December 1, 2016 the company's total debt amounted to 22.6 million Australian dollars.
Lera Mine includes five diamondiferous kimberlite pipes and the existing processing plant diamond ore, which was again put into operation in April 2016 after the resumption of operations at Lera.
In November last year, 9338 carats of diamonds were mined at Lera.
http://feeds.feedburner.com/GiftJewelry
Gem International Resources, which had previously indicated its plans to raise $ 500 000 for the needs of working capital now raised the target bar for financing up to $ 600 000.
The Company is currently conducting exploration work at its diamond project Dala (Dala) in Angola.
The Gem International said that 12 million shares will be sold at a price of $ 0.05 per unit.
In addition, each of the papers will consist of one share and one coupon for the purchase of additional share for two years at a price of 15 cents per share.
Recently, the company changed its existing agreement with Global Gems to obtain additional interest in the diamond project Dala (Dala) in the province of Lunda Sul, Angola.
The Gem was informed that the project will be expanded to include the plan for exploration and development rights to six well-known kimberlite pipes.
On this project, say the diamond company, has been very limited exploration done, and it has not been fully evaluated.
Companies still have to check some kimberlite magnetic areas. Also, according to the Gem, for Dala there is an extensive database.
http://feeds.feedburner.com/ClassicalPearl
The Company is currently conducting exploration work at its diamond project Dala (Dala) in Angola.
The Gem International said that 12 million shares will be sold at a price of $ 0.05 per unit.
In addition, each of the papers will consist of one share and one coupon for the purchase of additional share for two years at a price of 15 cents per share.
Recently, the company changed its existing agreement with Global Gems to obtain additional interest in the diamond project Dala (Dala) in the province of Lunda Sul, Angola.
The Gem was informed that the project will be expanded to include the plan for exploration and development rights to six well-known kimberlite pipes.
On this project, say the diamond company, has been very limited exploration done, and it has not been fully evaluated.
Companies still have to check some kimberlite magnetic areas. Also, according to the Gem, for Dala there is an extensive database.
http://feeds.feedburner.com/ClassicalPearl
Promotion Council Chairman exports of gems and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), Pravinshankar Pandya (Praveenshankar Pandya) said in a press statement that the budget for the 2017-18 year, which is February 1, 2017 was presented by Minister of Finance of India Arun Dzheytli (Arun Jaitley), is a "progressive and promotes transformations budget, which will lead India to the next stage of social and economic growth" and "means that the government is moving to create a system based on sound policies and management; transparency and objectivity in decision-making; towards concrete results and based on the laws of economics. "
Among a number of positive findings for the industry of the proposed budget of the government - made him focus on the export infrastructure, trade infrastructure for the export scheme (Infrastructure for Export Scheme, TIES) , scheduled for the 2017-18 year; reduction of income tax to 25% for small companies with an annual turnover of up to Rs. 500 m; establishment of 100 international centers of learning production skills; ban on cash transactions of more than Rs. 300,000; and drastic measures providing for penalties for those who willfully evades return loans to banks.
However, according to Pandya, there are still a number of issues concerning the facilitation of business in jewelry and gemstones manufacturing sector to be addressed. These include investments in infrastructure, including the creation of "jewelry parks" all over India; promoting international trade in order to make India a global center of the diamond trade, and gems that will also give impetus to local production; implementation of schemes to create new jobs in the gems and jewelery sector, both domestic and export; encourage more entrepreneurs to participate in the program of start-ups in India; setting a minimum tax on diamond exports in the framework of taxation of goods and services on the basis of the principle of equivalence; a marketing authorization and exemption from taxation of income from the sale of diamonds in a special customs zone (Special Notified Zone, SNZ), and the introduction of presumptive taxation and the abolition of the minimum additional tax (Minimum Alternate Tax, MAT) for gems and jewelery exporters.
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Among a number of positive findings for the industry of the proposed budget of the government - made him focus on the export infrastructure, trade infrastructure for the export scheme (Infrastructure for Export Scheme, TIES) , scheduled for the 2017-18 year; reduction of income tax to 25% for small companies with an annual turnover of up to Rs. 500 m; establishment of 100 international centers of learning production skills; ban on cash transactions of more than Rs. 300,000; and drastic measures providing for penalties for those who willfully evades return loans to banks.
However, according to Pandya, there are still a number of issues concerning the facilitation of business in jewelry and gemstones manufacturing sector to be addressed. These include investments in infrastructure, including the creation of "jewelry parks" all over India; promoting international trade in order to make India a global center of the diamond trade, and gems that will also give impetus to local production; implementation of schemes to create new jobs in the gems and jewelery sector, both domestic and export; encourage more entrepreneurs to participate in the program of start-ups in India; setting a minimum tax on diamond exports in the framework of taxation of goods and services on the basis of the principle of equivalence; a marketing authorization and exemption from taxation of income from the sale of diamonds in a special customs zone (Special Notified Zone, SNZ), and the introduction of presumptive taxation and the abolition of the minimum additional tax (Minimum Alternate Tax, MAT) for gems and jewelery exporters.
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On the production sites and Aikhal Mirny GOK we received another seven NGV equipment of Russian production units: three KAMAZ and four units of passenger buses NefAZ. Distillation column by winter road Ust-Kut - The peace was in normal mode. The new technique will begin work in the coming days.
Translation vehicles "ALROSA" to natural gas is one of the main stages of implementation of the "Program of Innovative Development and Technological Modernization" ALROSA ", whose purpose - reducing operating costs and environmental burden, as well as improving safety.
Analysis studies NGV motor vehicles toxicity results showed that when using natural gas emission of toxic substances into the environment is significantly reduced instead of fuel oil. It is expected that the implementation of the project on transfer of vehicles and equipment for natural gas will allow by 2023 to halve greenhouse gas emissions. Natural gas - the safest motor fuel. He referred to the safest fourth grade.
"The safety of the vehicle with the use of natural gas is provided completely. Technique has special equipment that determines the gas leakage, if any, takes place. Methane is lighter than air and in an open space immediately rises without forming dangerous concentrations. All boxes of the Company is well ventilated and equipped with appropriate alarm systems and ventilation, "- emphasizes the chief carpool Mirny GOK Sergey Patsiansky.
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Translation vehicles "ALROSA" to natural gas is one of the main stages of implementation of the "Program of Innovative Development and Technological Modernization" ALROSA ", whose purpose - reducing operating costs and environmental burden, as well as improving safety.
Analysis studies NGV motor vehicles toxicity results showed that when using natural gas emission of toxic substances into the environment is significantly reduced instead of fuel oil. It is expected that the implementation of the project on transfer of vehicles and equipment for natural gas will allow by 2023 to halve greenhouse gas emissions. Natural gas - the safest motor fuel. He referred to the safest fourth grade.
"The safety of the vehicle with the use of natural gas is provided completely. Technique has special equipment that determines the gas leakage, if any, takes place. Methane is lighter than air and in an open space immediately rises without forming dangerous concentrations. All boxes of the Company is well ventilated and equipped with appropriate alarm systems and ventilation, "- emphasizes the chief carpool Mirny GOK Sergey Patsiansky.
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The trial of alleged members of the diamond robbery at Brussels Zaventem airport is held in the Belgian capital, local media reported.
In February 2013 it was carried out a daring robbery at the Brussels airport. Eight criminals in police uniforms two vans with flashing lights appeared in the loading zone air terminal. They drove to the plane Swiss airline, in which employees of collection Brink's Company shipped a large consignment of unpolished diamonds to be sent to Zurich, and stole 10 kilograms of precious stones totaling 37.5 million euros. Part of the stolen diamonds have been found in Switzerland.
Before court 19 people, including three women. Nine of the defendants were suspected of committing the robbery itself, and the rest - in the sale of diamonds and money received as a result of their sale money
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Firestone Diamonds intends to sell the first batch of rough diamonds from the project Likhobong (Liqhobong) in Lesotho in Antwerp next week.
Construction and putting into operation of the mine was completed early in the fourth quarter of 2016 and the start of production was launched in October last year.
The auction was appointed on 6 - 10 February, while the second sale of diamonds from the mine will take place by the end of next month.
Firestone managed to get more than 20 special stones weighing over 10.8 carats Likhobong, according to Rapaport data.
https://twitter.com/pearlswap
Construction and putting into operation of the mine was completed early in the fourth quarter of 2016 and the start of production was launched in October last year.
The auction was appointed on 6 - 10 February, while the second sale of diamonds from the mine will take place by the end of next month.
Firestone managed to get more than 20 special stones weighing over 10.8 carats Likhobong, according to Rapaport data.
https://twitter.com/pearlswap
Profit polishers companies in January were under pressure amid falling prices for diamonds, but the continuing strong demand for rough diamonds. Diamond trade took care after a disappointing jewelry sales in the holiday season in the United States. Good performance of the diamond market was due to expectations regarding the fact that jewelers will restock products sold during the holiday season.
Diamond Index RapNet (RAPI) for 1-carat stones fell by 0.9% in January and decreased by 6.8% compared to the same period of the previous year.
According to the monthly report of Rapaport in February 2017, is projected to increase the supply of diamonds in the first quarter of this year after a surge in demand for diamonds.
Cutters finished last year with a low volume of stocks, reducing production to the Indian festival of Diwali, and now increasing their operations to meet expected growth in diamond trade.
In January, De Beers sold diamonds for $ 720 million, which is the largest site with miners in July 2014. Prices within the last trade grew by an average of 2% - 3%.
Almazdobyvayuschie companies are preparing for a higher demand for diamonds this year and increase production. In 2016, world production of diamonds remained unchanged. The fall of Alrosa and De Beers production was offset by an increase in its companies Rio Tinto, Dominion Diamond Corporation and Petra Diamonds. The Rapaport expect global production of diamonds will increase by 5% - 10% this year, taking into account the introduction of new mines into operation and expansion of mining programs.
It is expected that diamond suppliers will resist the request of customers to get a discount on the finished diamond products following the increase in raw material prices. This practice, however, could come under pressure amid increasing supply. Representatives of the diamond industry should be cautious, as in 2016, to demand and stability in diamond prices could persist in 2017, is believed to Rapaport.
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Diamond Index RapNet (RAPI) for 1-carat stones fell by 0.9% in January and decreased by 6.8% compared to the same period of the previous year.
According to the monthly report of Rapaport in February 2017, is projected to increase the supply of diamonds in the first quarter of this year after a surge in demand for diamonds.
Cutters finished last year with a low volume of stocks, reducing production to the Indian festival of Diwali, and now increasing their operations to meet expected growth in diamond trade.
In January, De Beers sold diamonds for $ 720 million, which is the largest site with miners in July 2014. Prices within the last trade grew by an average of 2% - 3%.
Almazdobyvayuschie companies are preparing for a higher demand for diamonds this year and increase production. In 2016, world production of diamonds remained unchanged. The fall of Alrosa and De Beers production was offset by an increase in its companies Rio Tinto, Dominion Diamond Corporation and Petra Diamonds. The Rapaport expect global production of diamonds will increase by 5% - 10% this year, taking into account the introduction of new mines into operation and expansion of mining programs.
It is expected that diamond suppliers will resist the request of customers to get a discount on the finished diamond products following the increase in raw material prices. This practice, however, could come under pressure amid increasing supply. Representatives of the diamond industry should be cautious, as in 2016, to demand and stability in diamond prices could persist in 2017, is believed to Rapaport.
http://digg.com/u/jetjewelry
DiamondCorp has extended the deadline for the IPO, since the conditions for the placing, which was first announced on January 13 has not yet been implemented.
The company said that negotiations with the Industrial Development Corporation of South Africa will continue. In addition, DiamondCorp basically able to achieve progress in the agreement with the Association of Workers' and mine builders (Association of Mineworkers and Construction Union, AMCU) South Africa, but so far failed to make the final arrangements.
DiamondCorp and Panmure Gordon changed the details of the agreement on placement of shares. Issuance of the diamond company financing will depend on the admission of the new shares to trading on February 14, although permitted and date on 28 February.
All other conditions remained unchanged for accommodation.
DiamondCorp stock trading is still suspended after exposure to adverse weather conditions in the production of diamonds from the mine Lace (Lace) in South Africa.
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The company said that negotiations with the Industrial Development Corporation of South Africa will continue. In addition, DiamondCorp basically able to achieve progress in the agreement with the Association of Workers' and mine builders (Association of Mineworkers and Construction Union, AMCU) South Africa, but so far failed to make the final arrangements.
DiamondCorp and Panmure Gordon changed the details of the agreement on placement of shares. Issuance of the diamond company financing will depend on the admission of the new shares to trading on February 14, although permitted and date on 28 February.
All other conditions remained unchanged for accommodation.
DiamondCorp stock trading is still suspended after exposure to adverse weather conditions in the production of diamonds from the mine Lace (Lace) in South Africa.
http://feeds.feedburner.com/WeddingPearls
Danish jeweler Pandora retailer announced an ambitious expansion plan, under which it will enter the Indian market, one of the largest jewelry in the world. The company plans to open 50 stores here in the next three years.
Indian jewelery market has a volume of more than $ 40 billion a year, and is expected to grow by 7% per year until 2021. Nevertheless, the market has traditionally focused on gold and diamonds rather than silver, a favorite material of Pandora, which is only 5% of the Indian jewelery market.
Anders Colding Friis (Anders Colding Friis), CEO of Pandora, said: "Jewelery as fashion accessories are becoming increasingly popular among consumers, while India is already one of the largest jewelery market in the world, and because this country has a great potential for Pandora ".
Analysts at Bank Alm. Brand Bank noted: "The expansion in India will significantly contribute to achieving the goal of Pandora opening of new stores." The bank is also believed that it was too early to assess the extent to which a strong influence India will have on Pandora revenues. According to analysts, this will depend on the ability of the company to change the jewelry consumer preferences towards buying silver jewelry.
http://feeds.feedburner.com/RoyalPearls
Indian jewelery market has a volume of more than $ 40 billion a year, and is expected to grow by 7% per year until 2021. Nevertheless, the market has traditionally focused on gold and diamonds rather than silver, a favorite material of Pandora, which is only 5% of the Indian jewelery market.
Anders Colding Friis (Anders Colding Friis), CEO of Pandora, said: "Jewelery as fashion accessories are becoming increasingly popular among consumers, while India is already one of the largest jewelery market in the world, and because this country has a great potential for Pandora ".
Analysts at Bank Alm. Brand Bank noted: "The expansion in India will significantly contribute to achieving the goal of Pandora opening of new stores." The bank is also believed that it was too early to assess the extent to which a strong influence India will have on Pandora revenues. According to analysts, this will depend on the ability of the company to change the jewelry consumer preferences towards buying silver jewelry.
http://feeds.feedburner.com/RoyalPearls
The rate of decline of Swiss watch world exports slowed in December as supply volumes in China increased, while sales in the US showed the best monthly result for 2016.
Watch exports from Switzerland fell by 4.6% to $ 1.66 billion (1.66 billion Swiss francs) in the last month, said the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) . Such performance was achieved despite the fact that the number of days off in December 2016 was one more than in 2015.
Exports to China in December increased by 28%, to $ 139.9 million (139.6 million Swiss francs), while the supply of hours in the United States increased by 11%, to $ 179.5 million (179.1 million Swiss francs) .
Global watch exports from Switzerland, however, fell due to a decrease in supply in Hong Kong 16%, to $ 209.3 million (208.9 million Swiss francs), which is a much better indicator than the 25 percent drop in shipments for the whole 2016 year.
In 2016, Swiss watch exports fell by 10%, to $ 19.45 billion (19.41 billion Swiss francs). Exports to the US fell by 9% for the full year, while in China - by 3.3%.
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Watch exports from Switzerland fell by 4.6% to $ 1.66 billion (1.66 billion Swiss francs) in the last month, said the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) . Such performance was achieved despite the fact that the number of days off in December 2016 was one more than in 2015.
Exports to China in December increased by 28%, to $ 139.9 million (139.6 million Swiss francs), while the supply of hours in the United States increased by 11%, to $ 179.5 million (179.1 million Swiss francs) .
Global watch exports from Switzerland, however, fell due to a decrease in supply in Hong Kong 16%, to $ 209.3 million (208.9 million Swiss francs), which is a much better indicator than the 25 percent drop in shipments for the whole 2016 year.
In 2016, Swiss watch exports fell by 10%, to $ 19.45 billion (19.41 billion Swiss francs). Exports to the US fell by 9% for the full year, while in China - by 3.3%.
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Sunday, June 11, 2017
this year's exhibition was attended by a smaller number of buyers and exhibitors
Baselworld exhibition will be shorter by two days in 2018, after this year's exhibition was attended by a smaller number of buyers and exhibitors.
In total, the event, which ended on Thursday, attended by 106,000 customers, which is 4% less than in the previous year, said the exhibition organizers. According to National Jeweler, the number of exhibitors fell by 13% to 1300.
The organizers said they listened to feedback from exhibitors, limiting the duration of the show to six days in the next year instead of the traditional eight. Baselworld 2018 will be held from March 22 to 27 next year.
"We have decided to reduce the duration of the show and, accordingly, to adjust the price (to participate)," - says Sylvie Ritter, managing director of Baselworld. She added that the industry is going through a difficult period, and smaller companies have the greatest effects of the economic downturn.
According to the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) , the exhibition was held against the backdrop of the global recession watchmaking sector, and reduced by 10% of Swiss watch exports in 2016.
https://del.icio.us/pearlsonline
In total, the event, which ended on Thursday, attended by 106,000 customers, which is 4% less than in the previous year, said the exhibition organizers. According to National Jeweler, the number of exhibitors fell by 13% to 1300.
The organizers said they listened to feedback from exhibitors, limiting the duration of the show to six days in the next year instead of the traditional eight. Baselworld 2018 will be held from March 22 to 27 next year.
"We have decided to reduce the duration of the show and, accordingly, to adjust the price (to participate)," - says Sylvie Ritter, managing director of Baselworld. She added that the industry is going through a difficult period, and smaller companies have the greatest effects of the economic downturn.
According to the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) , the exhibition was held against the backdrop of the global recession watchmaking sector, and reduced by 10% of Swiss watch exports in 2016.
https://del.icio.us/pearlsonline
Proposal to grant the rights to purchase shares granted to the shareholders
Merlin Diamonds Limited reported that it has raised approximately $ 5.5 million as part of proposals for the placement of shares to existing shareholders of the company in January.
Funds received under this proposal will provide the company that owns the diamond mine Merlin (Merlin) in the north of Australia, the necessary financial flexibility to achieve its operational and corporate objectives.
Proposal to grant the rights to purchase shares granted to the shareholders the opportunity to subscribe for 1 new security company with an option to purchase the new shares for every four shares owned on the record date. The price of the new shares with an option to buy at 1.3 cents, and the option exercise price will be 1.3 cents.
Proposal to grant the rights were fully sold and signed by Triple C Consulting Pty Ltd, with the Triple C has also managed to obtain additional shares in the amount of 267 903 139 units, involving an additional $ 3.4 million.
https://del.icio.us/pearlsonline
Funds received under this proposal will provide the company that owns the diamond mine Merlin (Merlin) in the north of Australia, the necessary financial flexibility to achieve its operational and corporate objectives.
Proposal to grant the rights to purchase shares granted to the shareholders the opportunity to subscribe for 1 new security company with an option to purchase the new shares for every four shares owned on the record date. The price of the new shares with an option to buy at 1.3 cents, and the option exercise price will be 1.3 cents.
Proposal to grant the rights were fully sold and signed by Triple C Consulting Pty Ltd, with the Triple C has also managed to obtain additional shares in the amount of 267 903 139 units, involving an additional $ 3.4 million.
https://del.icio.us/pearlsonline
diamond giant signed an agreement on sales and marketing
As reported, the company De Beers predicted decrease in the available volume of rough diamonds to sightholders proposals in the upcoming period action procedure called "intention to make an offer» (Intention To Offer, ITO), compared with its forecast of ITO on 2016-2017.
According to the agency the Rapaport, sightholders have calculated that, in accordance with the new procedure of ITO, which will be effective on the following website in April, dedicated to their volumes will be 20 percent lower than the previous site.
At De Beers, there are about 80 major clients on international websites, which are held 10 times a year in Botswana.
"Most of all it will affect the international transfer, as part of its commitment program beneficiation our producer country share availability of our products has been increased for her, which is distributed through these channels", - quotes Rapaport words representative of De Beers David Johnson (David Johnson).
This decrease was allegedly caused by the new commitments De Beers in relation to Namibia and a similar arrangement already existing with Botswana, where the government takes 15% of the produced there diamonds for sale through the Okavango Diamond Company.
In May last year, the diamond giant signed an agreement on sales and marketing to Windhoek, which paved the way for the allocation of 15 percent of the annual production of the state-owned Namdia diamonds.
As part of this transaction, De Beers has also increased the number of products that it provides to its sightholders, located in Namibia.
Johnson said that the reduction in supply of raw materials for the sightholders will vary by customer location and on whether it is a participant in programs aimed at preserving the diamond production in Botswana, South Africa or Namibia.
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It was expected that the listing will come into force
Gem Diamonds has applied to the Office of Financial Regulation and in the London Stock Exchange to place 400,000 ordinary shares at a price of US $ 0.01 each.
The statement said that the shares issued in accordance with the obligations of the company on a long-term incentive plan for 2007, equated to the existing issued shares of the company.
They will be admitted to the Official List and to trading on the main market of the London Stock Exchange.
It was expected that the listing will come into force on April 3, 2017 at or near that date.
Gem Diamonds holds 70% of the mine Letšeng (Letšeng) Lesotho and 100% mine Ghaghu (Ghaghoo) in Botswana.
http://digg.com/u/jetjewelry
The statement said that the shares issued in accordance with the obligations of the company on a long-term incentive plan for 2007, equated to the existing issued shares of the company.
They will be admitted to the Official List and to trading on the main market of the London Stock Exchange.
It was expected that the listing will come into force on April 3, 2017 at or near that date.
Gem Diamonds holds 70% of the mine Letšeng (Letšeng) Lesotho and 100% mine Ghaghu (Ghaghoo) in Botswana.
http://digg.com/u/jetjewelry
The majority of consumers have almost a month to shop for Easter this year
According to the National Retail Federation (NRF), retail sales in the US this year will grow up to Easter, because the relatively late date of the holiday means that consumers will have more time for shopping.
Easter date is determined by the lunar calendar and thus varies from year to year according to the Gregorian calendar. This year in the United States it falls on April 16, almost three weeks later than last year.
"The majority of consumers have almost a month to shop for Easter this year, and by the time when the holiday comes, the weather should be much warmer than last Easter," - he said in a recent statement, CEO of NRF Metyu Shey ( matthew Shay).
Improvement in the economy means that consumers are going to shop, and retailers are willing to discount to entice them, he added.
Thus, it is expected that this year Easter spending to grow by 6% to a record $ 18.4 billion, according to a poll Prosper Insights & Analytics, conducted for NRF.
Meanwhile, US consumer confidence in March increased by 8% compared with the previous month, reaching its highest level since December 2000, the organization said Conference Board last week.
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We have decided to reduce the duration of the show
Baselworld exhibition will be shorter by two days in 2018, after this year's exhibition was attended by a smaller number of buyers and exhibitors.
In total, the event, which ended on Thursday, attended by 106,000 customers, which is 4% less than in the previous year, said the exhibition organizers. According to National Jeweler, the number of exhibitors fell by 13% to 1300.
The organizers said they listened to feedback from exhibitors, limiting the duration of the show to six days in the next year instead of the traditional eight. Baselworld 2018 will be held from March 22 to 27 next year.
"We have decided to reduce the duration of the show and, accordingly, to adjust the price (to participate)," - says Sylvie Ritter, managing director of Baselworld. She added that the industry is going through a difficult period, and smaller companies have the greatest effects of the economic downturn.
According to the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) , the exhibition was held against the backdrop of the global recession watchmaking sector, and reduced by 10% of Swiss watch exports in 2016.
http://www.feedlisting.com/rss-feed-url/898216.html
In total, the event, which ended on Thursday, attended by 106,000 customers, which is 4% less than in the previous year, said the exhibition organizers. According to National Jeweler, the number of exhibitors fell by 13% to 1300.
The organizers said they listened to feedback from exhibitors, limiting the duration of the show to six days in the next year instead of the traditional eight. Baselworld 2018 will be held from March 22 to 27 next year.
"We have decided to reduce the duration of the show and, accordingly, to adjust the price (to participate)," - says Sylvie Ritter, managing director of Baselworld. She added that the industry is going through a difficult period, and smaller companies have the greatest effects of the economic downturn.
According to the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) , the exhibition was held against the backdrop of the global recession watchmaking sector, and reduced by 10% of Swiss watch exports in 2016.
http://www.feedlisting.com/rss-feed-url/898216.html
we have for many years engaged in the development of biodiversity
De Beers Consolidated Mines (DBCM) was awarded SA Wildlife Ranching SA for the "Maintenance of biodiversity and social responsibility", in recognition of the company's approach to environmental management.
The company received the award for its approach to environmental management of four private game reserves that it comprises, in Northern Cape and Limpopo, South Africa.
Representatives of the judging panel singled out "a disciplined approach" DBCM as "best in its class in the industry", referring to the success of the company's sustainable practices in relation to wildlife and tourism promotion in the wild.
De Beers Wildlife, which is part of DBCM, manages about 67,000 hectares of land in the Kimberley region in the Northern Cape.
In the early 1970s, the company began to introduce in the reserve different types of animals, including elephants, hippos and crocodiles, and was one of the first in South Africa buffalo breeders are not exposed to the disease.
The Company also protects more than 35 species of animals in their fields, which are classified as endangered, threatened or under the total protected, and a viable population of sable, roan antelope and topi antelopes.
Pete Osthoyzen (Piet Oosthuizen), senior environmental manager and DBCM Properties, said: "In our company, we have for many years engaged in the development of biodiversity on each hectare of land, which is influenced by mining activities De Beers Group, the company is committed to allocate five hectares for conservation. ".
De Beers Wildlife is also involved in various youth programs related to nature conservation, including the provision of post-secondary education in collaboration with the Northern Academy of the Northern Cape Province to support students who want to in the future breeding animals. Additional education is also supported by two specialized research centers.
http://www.feedlisting.com/rss-feed-url/898215.html
The company received the award for its approach to environmental management of four private game reserves that it comprises, in Northern Cape and Limpopo, South Africa.
Representatives of the judging panel singled out "a disciplined approach" DBCM as "best in its class in the industry", referring to the success of the company's sustainable practices in relation to wildlife and tourism promotion in the wild.
De Beers Wildlife, which is part of DBCM, manages about 67,000 hectares of land in the Kimberley region in the Northern Cape.
In the early 1970s, the company began to introduce in the reserve different types of animals, including elephants, hippos and crocodiles, and was one of the first in South Africa buffalo breeders are not exposed to the disease.
The Company also protects more than 35 species of animals in their fields, which are classified as endangered, threatened or under the total protected, and a viable population of sable, roan antelope and topi antelopes.
Pete Osthoyzen (Piet Oosthuizen), senior environmental manager and DBCM Properties, said: "In our company, we have for many years engaged in the development of biodiversity on each hectare of land, which is influenced by mining activities De Beers Group, the company is committed to allocate five hectares for conservation. ".
De Beers Wildlife is also involved in various youth programs related to nature conservation, including the provision of post-secondary education in collaboration with the Northern Academy of the Northern Cape Province to support students who want to in the future breeding animals. Additional education is also supported by two specialized research centers.
http://www.feedlisting.com/rss-feed-url/898215.html
will be considered pre-production
Mountain Province Diamonds Inc. It announced the results of operations for the year ended December 31, 2016.
On March 1, 2017 the production capacity at the mine Gacho Quay (Gahcho Kué) were provided by 70% of the projected level, amounting to 8,333 tons of diamond ore per day for a 30-day period.
Mining of overburden, waste rock and ore in career 5034 for the twelve months ended December 31, 2016 amounted to approximately 23.7 million tons. In this case, approximately 66 000 tonnes of ore reserves has been formed at the end of the year.
From August 1 to December 31, 2016 at the processing production at the mine Gacho Quay processed approximately 565,000 tonnes of ore, or 100% of the planned amount, and produced about 949,000 carats at an average grade of 1.68 carats per tonne.
In the period preceding the beginning of industrial production March 1, 2017, it produced about 668,449 carats of diamonds, representing 49% stake in the project.
As of March 29, 2017 the company held three diamond sales through a broker in Antwerp, Belgium. Results of the first companies of sales in the first quarter will be announced in conjunction with the financial results of the first three months of 2017.
Approximately 340,575 carats, are in stock and caught up to commercial production announcement March 1, 2017, will be sold in the coming months, and revenues from prior commercial production will be considered pre-production, and the main production capital.
For the three-month period ended December 31, 2016, net loss was $ 8.3 million, or $ 0.05 per share. Net income for the year ended December 31, 2016, totaled $ 4.8 million, or $ 0.03 earnings per share.
On 31 December 2016 the Company had available cash and cash Restricted totaling $ 90.7 million.
"The first three diamond tender gave us good results, but rough diamond buyers are cautious, relying on production from the new mine. that the prices of the disclosure period is expected to be extended until mid-year, when the first products will be in demand in the diamond market. Demonetization in India is also affected both the demand and the prices of products in the sales period, before estvovavshih top industrial As liquidity returns to the Indian diamond industry, we expect demand for our products and prices, "-. said the president and CEO of Mountain Province, Patrick Evans (Patrick Evans).
Mountain Province Diamonds together with De Beers Canada is co-owner of the mine Gacho Quay, located in the Northwest Territories of Canada. The Company owns 49% of its shares.
Gacho Quay is the world's largest new diamond mine, where production is forecast to average 4.5 million carats per year over the 12 years of its operation.
http://www.feedlisting.com/rss-feed-url/898214.html
On March 1, 2017 the production capacity at the mine Gacho Quay (Gahcho Kué) were provided by 70% of the projected level, amounting to 8,333 tons of diamond ore per day for a 30-day period.
Mining of overburden, waste rock and ore in career 5034 for the twelve months ended December 31, 2016 amounted to approximately 23.7 million tons. In this case, approximately 66 000 tonnes of ore reserves has been formed at the end of the year.
From August 1 to December 31, 2016 at the processing production at the mine Gacho Quay processed approximately 565,000 tonnes of ore, or 100% of the planned amount, and produced about 949,000 carats at an average grade of 1.68 carats per tonne.
In the period preceding the beginning of industrial production March 1, 2017, it produced about 668,449 carats of diamonds, representing 49% stake in the project.
As of March 29, 2017 the company held three diamond sales through a broker in Antwerp, Belgium. Results of the first companies of sales in the first quarter will be announced in conjunction with the financial results of the first three months of 2017.
Approximately 340,575 carats, are in stock and caught up to commercial production announcement March 1, 2017, will be sold in the coming months, and revenues from prior commercial production will be considered pre-production, and the main production capital.
For the three-month period ended December 31, 2016, net loss was $ 8.3 million, or $ 0.05 per share. Net income for the year ended December 31, 2016, totaled $ 4.8 million, or $ 0.03 earnings per share.
On 31 December 2016 the Company had available cash and cash Restricted totaling $ 90.7 million.
"The first three diamond tender gave us good results, but rough diamond buyers are cautious, relying on production from the new mine. that the prices of the disclosure period is expected to be extended until mid-year, when the first products will be in demand in the diamond market. Demonetization in India is also affected both the demand and the prices of products in the sales period, before estvovavshih top industrial As liquidity returns to the Indian diamond industry, we expect demand for our products and prices, "-. said the president and CEO of Mountain Province, Patrick Evans (Patrick Evans).
Mountain Province Diamonds together with De Beers Canada is co-owner of the mine Gacho Quay, located in the Northwest Territories of Canada. The Company owns 49% of its shares.
Gacho Quay is the world's largest new diamond mine, where production is forecast to average 4.5 million carats per year over the 12 years of its operation.
http://www.feedlisting.com/rss-feed-url/898214.html
approach to environmental management
De Beers Consolidated Mines (DBCM) was awarded SA Wildlife Ranching SA for the "Maintenance of biodiversity and social responsibility", in recognition of the company's approach to environmental management.
The company received the award for its approach to environmental management of four private game reserves that it comprises, in Northern Cape and Limpopo, South Africa.
Representatives of the judging panel singled out "a disciplined approach" DBCM as "best in its class in the industry", referring to the success of the company's sustainable practices in relation to wildlife and tourism promotion in the wild.
De Beers Wildlife, which is part of DBCM, manages about 67,000 hectares of land in the Kimberley region in the Northern Cape.
In the early 1970s, the company began to introduce in the reserve different types of animals, including elephants, hippos and crocodiles, and was one of the first in South Africa buffalo breeders are not exposed to the disease.
The Company also protects more than 35 species of animals in their fields, which are classified as endangered, threatened or under the total protected, and a viable population of sable, roan antelope and topi antelopes.
Pete Osthoyzen (Piet Oosthuizen), senior environmental manager and DBCM Properties, said: "In our company, we have for many years engaged in the development of biodiversity on each hectare of land, which is influenced by mining activities De Beers Group, the company is committed to allocate five hectares for conservation. ".
De Beers Wildlife is also involved in various youth programs related to nature conservation, including the provision of post-secondary education in collaboration with the Northern Academy of the Northern Cape Province to support students who want to in the future breeding animals. Additional education is also supported by two specialized research centers.
https://del.icio.us/pearlsonline
The company received the award for its approach to environmental management of four private game reserves that it comprises, in Northern Cape and Limpopo, South Africa.
Representatives of the judging panel singled out "a disciplined approach" DBCM as "best in its class in the industry", referring to the success of the company's sustainable practices in relation to wildlife and tourism promotion in the wild.
De Beers Wildlife, which is part of DBCM, manages about 67,000 hectares of land in the Kimberley region in the Northern Cape.
In the early 1970s, the company began to introduce in the reserve different types of animals, including elephants, hippos and crocodiles, and was one of the first in South Africa buffalo breeders are not exposed to the disease.
The Company also protects more than 35 species of animals in their fields, which are classified as endangered, threatened or under the total protected, and a viable population of sable, roan antelope and topi antelopes.
Pete Osthoyzen (Piet Oosthuizen), senior environmental manager and DBCM Properties, said: "In our company, we have for many years engaged in the development of biodiversity on each hectare of land, which is influenced by mining activities De Beers Group, the company is committed to allocate five hectares for conservation. ".
De Beers Wildlife is also involved in various youth programs related to nature conservation, including the provision of post-secondary education in collaboration with the Northern Academy of the Northern Cape Province to support students who want to in the future breeding animals. Additional education is also supported by two specialized research centers.
https://del.icio.us/pearlsonline
Merlin Diamonds Limited reported that it has raised approximately $ 5.5 million as part of proposals for the placement of shares to existing shareholders of the company in January.
Funds received under this proposal will provide the company that owns the diamond mine Merlin (Merlin) in the north of Australia, the necessary financial flexibility to achieve its operational and corporate objectives.
Proposal to grant the rights to purchase shares granted to the shareholders the opportunity to subscribe for 1 new security company with an option to purchase the new shares for every four shares owned on the record date. The price of the new shares with an option to buy at 1.3 cents, and the option exercise price will be 1.3 cents.
Proposal to grant the rights were fully sold and signed by Triple C Consulting Pty Ltd, with the Triple C has also managed to obtain additional shares in the amount of 267 903 139 units, involving an additional $ 3.4 million.
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Funds received under this proposal will provide the company that owns the diamond mine Merlin (Merlin) in the north of Australia, the necessary financial flexibility to achieve its operational and corporate objectives.
Proposal to grant the rights to purchase shares granted to the shareholders the opportunity to subscribe for 1 new security company with an option to purchase the new shares for every four shares owned on the record date. The price of the new shares with an option to buy at 1.3 cents, and the option exercise price will be 1.3 cents.
Proposal to grant the rights were fully sold and signed by Triple C Consulting Pty Ltd, with the Triple C has also managed to obtain additional shares in the amount of 267 903 139 units, involving an additional $ 3.4 million.
http://www.feedlisting.com/rss-feed-url/898218.html
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