Indian imports of gold bullion fell in June by 46%, up to 26 tonnes from 50.1 tonnes in May, according to customs data. Import of the precious metal has decreased by 40% compared to the same period last year, when it was 44.6 tons. This is the lowest rate of gold imports to India in March this year.
Physical demand for gold in India fell this year due to high prices and because of the protests of jewelers who opposed tax increases and reforms in the industry.
In June and July discount for gold in India in relation to world prices reached record levels and amounted to more than $ 70 per ounce, as high prices in the spot market continue to restrain demand from local investors. In recent days it reported a sharp increase in such discounts on gold to $ 100 per ounce, which is also a record value ever recorded.
In 2016, the gold price almost continuously growing. This precious metal has risen in price from 1 January 2016 is already almost 30%. Indian gold consumers, who are often seen as long-term investors, traditionally very sensitive to the price of the metal, and traders on the ground have reported actually stop the sale of gold products in June and July.
In 2015, gold consumption in India totaled nearly 1,000 tonnes. However, since the beginning of this year, imports of gold bullion fell to 215 tons, which is only half the level of the same period of 2015. Against this background, many market participants expect in 2016 is much lower levels of consumption of gold in India than in 2015.
http://bridalpearlnecklace.blogspot.ca/
Friday, July 14, 2017
Stornoway Diamond Corporation has received $ 63.3 million (82.7 million Canadian dollars) as a result of shareholders exercising their right to buy coupons in terms of preparation for the launch of production at its Renard Project (by Renard), Rapaport reports portal.
The funds will be directed to the completion of the project Renard, where the processing of ore is scheduled to begin in September, while industrial production - in December. Projected reserves, which is located in Ottawa (Canada), was 22.3 million carats, with an expected service life - 14 years.
"This will further strengthen our financial balance sheet and provide greater financial flexibility that will flow cash flow," - said CEO Mett Menson Stornoway (Matt Manson). The company also has a line of credit for $ 76.5 million (100 million Canadian dollars), which it can use, if there is a need for additional funds.
At the time of its release on July 8 coupons were estimated at 0.9 Canadian dollars. At the close of trading on the Toronto Stock Exchange on June 12 Stornoway shares worth 0.95 Canadian dollars.
http://pearlsgift.blogspot.ca/
The funds will be directed to the completion of the project Renard, where the processing of ore is scheduled to begin in September, while industrial production - in December. Projected reserves, which is located in Ottawa (Canada), was 22.3 million carats, with an expected service life - 14 years.
"This will further strengthen our financial balance sheet and provide greater financial flexibility that will flow cash flow," - said CEO Mett Menson Stornoway (Matt Manson). The company also has a line of credit for $ 76.5 million (100 million Canadian dollars), which it can use, if there is a need for additional funds.
At the time of its release on July 8 coupons were estimated at 0.9 Canadian dollars. At the close of trading on the Toronto Stock Exchange on June 12 Stornoway shares worth 0.95 Canadian dollars.
http://pearlsgift.blogspot.ca/
Antwerp diamond trade in raw materials showed an increase of exports and imports of diamonds in the first half of 2016, although the diamond trade continues to show weakness. This is evidenced by recent data issued by the Antwerp World Diamond Center (AWDC), reported by IDEX Online.
Import diamonds in June showed a downward trend, decreasing by 11.31% in value and 20.51% by volume. In the period from January to June, diamond imports rose by 2.44%, to 48.52 million carats.
In June, Antwerp exported 7.395 million carats of rough diamonds - at 20.39% compared to 9.289 million carats in June 2015. From January to June this year was exported 56.39 million carats of rough diamonds - by 12.9% more than in the same period a year earlier. Export of diamonds by value in June also rose by 4.8% compared to the same period in 2015.
June data on diamond trade in Antwerp showed a downward trend. At a cost of polished diamond exports fell by 17.36% to $ 1.145 billion, compared with $ 1.386 billion in June 2015.
In the period from January to June's polished diamond exports declined by 8.78% in volume to 2.939 million carats, compared to 3.222 million carats during the same period in 2015. In value terms, exports during the same period fell to $ 6.682 billion compared to $ 7.296 billion in the period from January to June 2015 - at 8.41%.
Polished imports in June decreased by 7.93% in volume, up to 502 314 carats. In value terms, imports declined to $ 1.224 billion compared to $ 1.399 billion dollars in June 2015.
In the period from January to June, imports of diamonds by value fell by 9.49% to $ 6.457 billion compared to $ 7.134 billion for the same period a year earlier. By volume in January-June import reduced by 10.83% to 3.3 million carats compared to 3.6 million carats in the same period in 2015 year.
The volume of stones, imported from the United States, decreased by 24.54%, while their value also showed a decline of 10.3%.
http://traditionpearlnecklace.blogspot.ca/
Import diamonds in June showed a downward trend, decreasing by 11.31% in value and 20.51% by volume. In the period from January to June, diamond imports rose by 2.44%, to 48.52 million carats.
In June, Antwerp exported 7.395 million carats of rough diamonds - at 20.39% compared to 9.289 million carats in June 2015. From January to June this year was exported 56.39 million carats of rough diamonds - by 12.9% more than in the same period a year earlier. Export of diamonds by value in June also rose by 4.8% compared to the same period in 2015.
June data on diamond trade in Antwerp showed a downward trend. At a cost of polished diamond exports fell by 17.36% to $ 1.145 billion, compared with $ 1.386 billion in June 2015.
In the period from January to June's polished diamond exports declined by 8.78% in volume to 2.939 million carats, compared to 3.222 million carats during the same period in 2015. In value terms, exports during the same period fell to $ 6.682 billion compared to $ 7.296 billion in the period from January to June 2015 - at 8.41%.
Polished imports in June decreased by 7.93% in volume, up to 502 314 carats. In value terms, imports declined to $ 1.224 billion compared to $ 1.399 billion dollars in June 2015.
In the period from January to June, imports of diamonds by value fell by 9.49% to $ 6.457 billion compared to $ 7.134 billion for the same period a year earlier. By volume in January-June import reduced by 10.83% to 3.3 million carats compared to 3.6 million carats in the same period in 2015 year.
The volume of stones, imported from the United States, decreased by 24.54%, while their value also showed a decline of 10.3%.
http://traditionpearlnecklace.blogspot.ca/
Next in a row International Diamond Week (International Diamond Week, IDWI) in Israel will be held 13 -16 February 2017, according to a press release from the Israel Diamond Exchange (Israel Diamond Exchange, IDE).
IDE President Yoram u'Dvash (Yoram Dvash) said that the upcoming International Diamond Week will attract a number of members of the diamond exchanges affiliated with the World Federation of Diamond Bourses (World Federation of Diamond Bourses, WFDB ).
Haim Volner (Haim Volner), the new chairman of the event, said he was confident that the next diamond International Week will be larger than the previous.
"International Diamond Week has gained a reputation as one of the main marketplaces for diamond dealers. The number and variety of products offered to customers is enormous and the cost of participation in the event is minimal. We also upgraded the event to bring it to the new format, which includes new aspects. later, we will announce them in more detail, "- concluded Volner.
http://pearlgiftjewelry.blogspot.ca/
IDE President Yoram u'Dvash (Yoram Dvash) said that the upcoming International Diamond Week will attract a number of members of the diamond exchanges affiliated with the World Federation of Diamond Bourses (World Federation of Diamond Bourses, WFDB ).
Haim Volner (Haim Volner), the new chairman of the event, said he was confident that the next diamond International Week will be larger than the previous.
"International Diamond Week has gained a reputation as one of the main marketplaces for diamond dealers. The number and variety of products offered to customers is enormous and the cost of participation in the event is minimal. We also upgraded the event to bring it to the new format, which includes new aspects. later, we will announce them in more detail, "- concluded Volner.
http://pearlgiftjewelry.blogspot.ca/
DiamondCorp won £ 500,000 after Panmure Gordon Company exercised its right broker for the purchase of 8,481,660 common shares at a price of 6 pence each.
In a statement the company said that the proceeds from the sale of shares will be used to cover the operating expenses of the company.
"All proceeds from the issuance of shares for the broker worth £ 0.5 million, after deducting commissions and other expenses will be received by the company", - said in a statement DiamondCorp.
On the company received new funds in the amount of £ 1.5 million to increase production at the diamond mine Lace (Lace) in South Africa last week.
The company noted that the application was filed for the admission of brokerage shares traded on the AIM stock exchange and on alternative sites JSE stock exchanges.
http://royalpearljewelry.blogspot.ca/
In a statement the company said that the proceeds from the sale of shares will be used to cover the operating expenses of the company.
"All proceeds from the issuance of shares for the broker worth £ 0.5 million, after deducting commissions and other expenses will be received by the company", - said in a statement DiamondCorp.
On the company received new funds in the amount of £ 1.5 million to increase production at the diamond mine Lace (Lace) in South Africa last week.
The company noted that the application was filed for the admission of brokerage shares traded on the AIM stock exchange and on alternative sites JSE stock exchanges.
http://royalpearljewelry.blogspot.ca/
Rio Tinto has introduced the world's first coin, which framed a rare red diamond, mined at the mine Argyle (Argyle) in Australia. The coin bears the name "Treasure Kimberly" (Kimberley Treasure) and consists of 1 kg of 99.99 percent pure gold, and includes red diamond weighing 0.54 carat round diamonds mined at the Argyle diamond mine in the East Kimberley region in Western Australia.
Argyle mine produces on a very small percentage of rare pink diamonds, and even fewer rare red diamond. On average Argyle produces 1 carat red diamond year.
Simon Trott (Simon Trott), managing director of Rio Tinto Diamonds, said: "We are pleased to announce the collaboration with The Perth Mint to create this exclusive and significant investment object This coin is a symbol of the unique treasures of Western Australia, and sets a new standard for the limited edition. high-end exclusive products. "
http://bridalpearlnecklace.blogspot.ca/
Argyle mine produces on a very small percentage of rare pink diamonds, and even fewer rare red diamond. On average Argyle produces 1 carat red diamond year.
Simon Trott (Simon Trott), managing director of Rio Tinto Diamonds, said: "We are pleased to announce the collaboration with The Perth Mint to create this exclusive and significant investment object This coin is a symbol of the unique treasures of Western Australia, and sets a new standard for the limited edition. high-end exclusive products. "
http://bridalpearlnecklace.blogspot.ca/
Belgian diamond sector invites foreign companies for the first time to take part in the Antwerp Diamond Trade Fair, Rapaport reports portal. Eighth BrilliAnt Fair will be held January 29-31 on the trading floor of the Antwerp Exchange rough.
"For us as an international diamond center is only natural to take our annual fair participants from around the world - said the member of the organizing committee of the fair Polakevich Thierry (Thierry Polakiewicz). - It is an opportunity for companies operating in niche markets, to be more prominently represented in Antwerp. "
The organizers will consider applications in the order received and approved the participation of only those companies which are members of any of the exchanges that are part of the World Federation of Diamond Bourses.
Fair is the result of collaboration between the Antwerp Diamond Exchange, Antwerp Diamond Club of Antwerp Exchange rough and the Antwerp World Diamond Center.
http://pearlsgift.blogspot.ca/
"For us as an international diamond center is only natural to take our annual fair participants from around the world - said the member of the organizing committee of the fair Polakevich Thierry (Thierry Polakiewicz). - It is an opportunity for companies operating in niche markets, to be more prominently represented in Antwerp. "
The organizers will consider applications in the order received and approved the participation of only those companies which are members of any of the exchanges that are part of the World Federation of Diamond Bourses.
Fair is the result of collaboration between the Antwerp Diamond Exchange, Antwerp Diamond Club of Antwerp Exchange rough and the Antwerp World Diamond Center.
http://pearlsgift.blogspot.ca/
A group of women and jewelers for the first time united in the course of the June special seminar on the empowerment of women in the jewelry and diamond business, which was organized in the framework of the second Latin American diamond and jewelry weeks (Latin American Diamond and Jewelry Week) at the World Jewelry Center ( world Jewelry Hub, WJH) in Panama City, took the initiative, which is designed to reflect the gender of their position on the prospects for trade in jewels and precious stones.
Calling itself «Mujeres Brillantes» ( «radiate shine women" in Spanish), this group of women is primarily in Latin America, but it also has a representative in Turkey, Russia, Italy, Romania and Israel.
"Our overall feeling is that the industry is too focused on the business of selling jewelry, rather than on the experience of buying or receiving jewelry. As women, we instinctively understand that this should be a special and intimate moment, that goes beyond the commercial transaction mechanics. Experience should be unique and informative, just as the jewel "- explained Ali Pastorini (Ali Pastorini), senior vice president WJH.
An updated look at the customer and work with it emphasizes the name chosen for the new marketing initiatives -" My jewelry my story »(" my Jewels, my story , "), which was proposed by Victoria Kupfer (Victoria Kupfer), a jeweler from Panama.
" Our main goal is not to develop a specific campaign, and to make an emphasis on marketing approach, which we believe will be more successful, etc. Nhat and appreciated by women consumers, "- said Pastorini.
The discussion, which was launched in June, is continuing with the group« Mujeres Brillantes »Facebook and Whatsapp.
http://traditionpearlnecklace.blogspot.ca/
Calling itself «Mujeres Brillantes» ( «radiate shine women" in Spanish), this group of women is primarily in Latin America, but it also has a representative in Turkey, Russia, Italy, Romania and Israel.
"Our overall feeling is that the industry is too focused on the business of selling jewelry, rather than on the experience of buying or receiving jewelry. As women, we instinctively understand that this should be a special and intimate moment, that goes beyond the commercial transaction mechanics. Experience should be unique and informative, just as the jewel "- explained Ali Pastorini (Ali Pastorini), senior vice president WJH.
An updated look at the customer and work with it emphasizes the name chosen for the new marketing initiatives -" My jewelry my story »(" my Jewels, my story , "), which was proposed by Victoria Kupfer (Victoria Kupfer), a jeweler from Panama.
" Our main goal is not to develop a specific campaign, and to make an emphasis on marketing approach, which we believe will be more successful, etc. Nhat and appreciated by women consumers, "- said Pastorini.
The discussion, which was launched in June, is continuing with the group« Mujeres Brillantes »Facebook and Whatsapp.
http://traditionpearlnecklace.blogspot.ca/
Diamond Fields announced the launch of offshore operations for exploration and selection of high density samples, as well as the work on the concession kanavnyh ML-111 in Namibia.
In a statement the company said that these works provided the third stage of the contract with International Mining and Dredging Holding (IDMH) and also include further geophysical surveys. The company will hold a high-density sampling program in the areas identified under the previous phase of the project.
Successful completion of the third stage of the campaign will allow IMDH get 75 percent stake in Diamond Fields, a subsidiary company DFI.
Exploration and sampling will take place between July and August 2016. During this period IMDH plans to direct concession ML-111 three ships - DP Star, The Explorer and Ya Toivo.
"Research vessel M / V DP Star is currently conducting detailed exploration model and provides the sole production of 3D Topas vessel The Explorer will be able to select the high density of the sample due to vertical drilling.", - noted in the company.
"The work of Ya Toivo vessel will allow to carry out further work kanavnye Due to this it will be possible to confirm the geotechnical parameters of soil, the possibility of its production, the existence of the sole production site and achievable within the model 3D Topas.", - concluded the representatives of the diamond company.
http://pearlgiftjewelry.blogspot.ca/
In a statement the company said that these works provided the third stage of the contract with International Mining and Dredging Holding (IDMH) and also include further geophysical surveys. The company will hold a high-density sampling program in the areas identified under the previous phase of the project.
Successful completion of the third stage of the campaign will allow IMDH get 75 percent stake in Diamond Fields, a subsidiary company DFI.
Exploration and sampling will take place between July and August 2016. During this period IMDH plans to direct concession ML-111 three ships - DP Star, The Explorer and Ya Toivo.
"Research vessel M / V DP Star is currently conducting detailed exploration model and provides the sole production of 3D Topas vessel The Explorer will be able to select the high density of the sample due to vertical drilling.", - noted in the company.
"The work of Ya Toivo vessel will allow to carry out further work kanavnye Due to this it will be possible to confirm the geotechnical parameters of soil, the possibility of its production, the existence of the sole production site and achievable within the model 3D Topas.", - concluded the representatives of the diamond company.
http://pearlgiftjewelry.blogspot.ca/
Namibian President Hage Geingob (Hage Geingob) urged the country Southern African Development Community (SADC) to make Botswana a regional center for the diamond industry.
"Only in the last year, our exports of diamonds in Botswana amounted to more than $ 1 million", - quotes the edition New Era Geingob words.
"We need to increase interaction to help neighboring diamond-producing countries with the aim of creating and developing a diversified regional center of the diamond industry", - he added.
Sales sightholders Diamond Trading Company, owned by De Beers, are now held in Gaborone.
Botswana - the second largest diamond producer in the world after Russia in terms of volume and value.
According to the Kimberley Process (KP), diamond mining in Botswana has fallen by 16%, to 20.8 million carats price of $ 2.99 billion. Diamond production in Russia grew by 9.4% in 2015 to 41.9 million carats . worth $ 4.24 billion
price per carat Botswana diamonds was $ 143.73 per carat, and Russian - $ 101.15 per carat.
http://royalpearljewelry.blogspot.ca/
"Only in the last year, our exports of diamonds in Botswana amounted to more than $ 1 million", - quotes the edition New Era Geingob words.
"We need to increase interaction to help neighboring diamond-producing countries with the aim of creating and developing a diversified regional center of the diamond industry", - he added.
Sales sightholders Diamond Trading Company, owned by De Beers, are now held in Gaborone.
Botswana - the second largest diamond producer in the world after Russia in terms of volume and value.
According to the Kimberley Process (KP), diamond mining in Botswana has fallen by 16%, to 20.8 million carats price of $ 2.99 billion. Diamond production in Russia grew by 9.4% in 2015 to 41.9 million carats . worth $ 4.24 billion
price per carat Botswana diamonds was $ 143.73 per carat, and Russian - $ 101.15 per carat.
http://royalpearljewelry.blogspot.ca/
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