| Date | Type | |
|
|
|
|
Gemfields Acquires Madagascar Color Gemstone Miner
|
Avi Krawitz |
|
Gemfields Resources plc has exercised its option to acquire Madagascar-based color gemstone producer Oriental Mining. Oriental has the rights to 15 exploration licenses covering emeralds, rubies, sapphires, tourmalines and garnets in the Antananarivo, Fianarantsoa and Toliara...
|
|
|
|
|
|
Israel Diamond Museum Opens Ancient Jewelry Exhibition
|
Avi Krawitz |
|
The Harry Oppenheimer Israel Diamond Museum launched Monday a new exhibition of rare and ancient jewelry excavated at various archeological sites in Israel. The exhibition entitled “Apples of Gold in Pictures of Silver” takes its name from a verse in the Book of Proverbs, “A word...
|
|
|
|
|
|
ALROSA Green Lights Namibia Diamond Prospecting
|
Avi Krawitz |
|
ALROSA’s board gave the green light to commence prospecting work to identify the diamond potential at the Vryheid-Ritfontein kimberlite field in Namibia. The company said, following its board meeting on September 5, that it acknowledged the viability of diamond prospecting in the...
|
|
|
|
|
|
IDI Appoints Alissa Goren Chief Marketing Officer
|
Avi Krawitz |
|
The Israel Diamond Institute Group of Companies (IDI) appointed Alissa Goren as its deputy managing director and chief marketing officer to be responsible for implementing IDI’s marketing strategy. "This is the first time that we have appointed a chief marketing officer, and the...
|
|
|
|
|
|
Tawana Resources Uses Tender to Assess Diamond Value
|
Avi Krawitz |
|
Diamond exploration company Tawana Resources placed a parcel of 222.71 carats of diamonds from its Kareevlei project on tender to better assess the value of the stones. The diamonds were valued at an average $169 per carat with one 3.741 carat stone valued at $2,800 per carat. The...
|
|
|
|
|
|
South Africa's 2Q Gold Production -10%
|
Avi Krawitz |
|
South Africa’s gold production nationwide fell 10.4 percent to 56,933 kilograms in the second quarter of 2008 as the country’s electricity crisis continued to impact the sector. The Chamber of Mines of South Africa reported that production from its members also fell 12.9 percent to...
|
|
|
|
|
|
GIA GemFest Hong Kong 2008 Happens Sept. 19
|
Press Release |
|
CARLSBAD, CALIF. – Sept. 5, 2008: The Gemological Institute of America (GIA) Alumni Association will hold its GemFest Hong Kong 2008 during the Hong Kong Jewellery & Watch Fair on Friday, Sept. 19 at the Hong Kong Convention and Exhibition Centre in Room 601. GemFest Hong Kong...
|
|
|
|
|
|
|
|
|
|
Movado Group 2Q Sales -7%, Net Income -34%
|
Jeff Miller |
|
Movado Group sales for three months ending July 31, 2008, fell 7 percent to $129.7 million. Cost of sales fell 18 percent to $45.8 million, but selling and general administration expenses rose 9 percent to $73 million, during this second quarter for Movado's fiscal year 2009....
|
|
|
|
|
|
Bangkok Show Organizers Emphasize the Venue is Safe for Visitors
|
Jeff Miller |
|
The 42nd edition of the Bangkok Gems and Jewelry Fair will kick off next week in Thailand. The show runs from September 11 to 15. www.bangkokgemsfair.com Somchai Phornchindarak, the CEO of the Bangkok Gems and Jewelry Fair, said, "The show venue is far away from any of...
|
|
|
|
|
|
IGI Launches Diamond Typing Service
|
Jeff Miller |
|
The International Gemological Institute (IGI) added a new identification offering to its existing gemological services. IGI Diamond Typing, available via the New York laboratory, was created in response to client demand and overall industry need. A diamond’s type is integral...
|
|
|
|
|
|
Whitehall Closures Even Take-out Stronger Performers
|
Dialog NewsEdge |
|
Danville (Virginia) Register & Bee: Though some Danville stores are closing their doors due to a slowing economy, it's not always the local market's fault.Whitehall Co. Jewelers in Piedmont Mall will be closing before the end of the year, but not because its sales are...
|
|
|
|
|
|
Kristall to Increase Rough Buying Abroad by Factor of Eight
|
Dialog NewsEdge |
|
Interfax, MOSCOW: Kristall of Smolensk, Russia's biggest diamond cutting enterprise, plans to spend "at least $25 million" on rough diamonds abroad this year."We'll continue to increase procurements abroad. These will soar compared with last year. We'll be...
|
|
|
|
|
|
Gold -3%: Hourly Wages -40cents Since '98, Aug. Unemployment Rises
|
Jeff Miller |
|
Gold shed 3.1 percent this week to $806oz. as of noon today in New York. Platinum was 6.4 percent lower at $1,354oz., and silver was 9.3 percent lower at $12.41oz. The U.S. unemployment picture gave gold a boost after the metal spent much of the week in decline. Gold...
|
|
|
|
|
|
Jubilee Diamond Sets IPO Date for Dec. '08
|
Dialog NewsEdge |
|
Bangkok Post: Jubilee Enterprise, a diamond and jewelry vendor, will hold its initial public offering (IPO) and list on the Market for Alternative Investment in December.The marketer of the Jubilee Diamond brand will float 55 million new shares at one baht (3-cents) par...
|
|
|
|
|
|
India: Gold Sales Sparkle as Festive Season Dawns
|
Dialog NewsEdge |
|
The Economic Times: Gold sales, which are usually at its leanest phase during monsoons, have seen an upsurge ahead of the festival season, with prices appearing set to stabilise at close to Rs 12,000 per 10 gram levels. Gold rebounded on Thursday, rising by almost 2 percent...
|
|
|
|
|
|
Gemfields to Mine Investors for Cash to Build Faberge
|
Dialog NewsEdge |
|
Daily Mail: Mining magnate Brian Gilbertson and his son Sean may tap shareholders for tens of millions of pounds as they seek firepower to build up a precious-gems group around the Faberge luxury brand.London-listed Gemfields Resources, which is ultimately controlled by the...
|
|
|
|
|
|
Voters in Angola Face Delays in First Election Since 1992
|
Dialog NewsEdge |
|
Associated Press, LUANDA: Hundreds of people waited in line Friday as technical problems at several polling stations in the capital delayed the start of voting in Angola's first election since 1992.Turnout was enthusiastic in Luanda, the capital, but some polling stations...
|
|
|
|
|
|
JFK Workers Face Diamond Theft Charges
|
Dialog NewsEdge |
|
UPI, NEW YORK: Two baggage handlers at New York's John F. Kennedy International Airport allegedly stole $280,000 worth of gems and jewelry from a bag.The Queens District Attorney's Office said one of the suspected jewelry thieves, Albert Acevedo, allegedly informed several...
|
|
|
|
|
|
$7M in Jewelry Stolen from Mayweather's Vegas Home
|
Dialog NewsEdge |
|
UPI, LAS VEGAS: A private detective says Floyd Mayweather Jr. is posting a $100,000 reward for information about the theft of more than $7.2 million in jewelry from the boxer's Las Vegas home. Investigator K.W. Hasan of Sherbrooke Jelan & Associates in Ellenwood, Georgia.,...
|
|
|