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< JUNE 30TH, 2011 > |
Happy Fourth of July! |
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Edahn GolanZimbabwe Says No, We Say, Follow the MoneyLet's be frank, something does not make sense about the Kimberley Process' inability to work out a deal with Zimbabwe. My ...
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Natalie J. Raps, Vicky Sharma and Edahn GolanThe markets were busy with post-show activities. The U.S. market slowed down ahead of the vacation period starting this weekend, while the other centers are pressing ...
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IDEX Online Research: Jewelry Price Inflation Cools in May
Jewelry price inflation at both the retail and supplier levels moderated somewhat during May. While certain underlying commodities continue to climb in price -- notably polished diamonds and ... (June 28, '11, KEN GASSMAN)
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Large Shipment of Zimbabwe Goods Leaves Dubai with KP's Approval
The Zimbabwe rough diamonds held in Dubai since November have been allowed on Wednesday to leave the emirate and are understood to be in India now. The KP Working Group on Monitoring (WGM) ... (June 30, '11, EDAHN GOLAN)
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Strong Demand for Squares, Parcels at Hong Kong Show
High prices sway buyers towards goods otherwise they would not have widely considered, according to exhibitors at the June Hong Kong Jewellery & Gem Fair. Buyers opted for Very Good ... (June 26, '11, EDAHN GOLAN)
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IDEX Online Research: U.S. Jewelry Industry Sales & Profits Set Records in Q1
Jewelry sales hit record levels in the first quarter of 2011, for both specialty jewelers and other merchants who sell jewelry in the U.S. market. ... (June 26, '11, KEN GASSMAN)
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Indian Polished Prices Stable with Less Than Expected China Demand
With the Hong Kong show not having generated the sort of red hot demand that dealers expected, polished Diamond prices in Mumbai have remained relatively ... (June 29, '11, VINOD KURIYAN)
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No Consensus, No Clarity on Zimbabwe Exports
The Kimberley Process failed once again to reach a decision about the exports of rough diamonds from Zimbabwe's Marange region. The failure comes despite the willingness of key ... (June 24, '11, EDAHN GOLAN)
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India Decries KP Impasse on Zimbabwe
India has decried the failure of the Kimberley Process (KP) to formulate an agreement on the export of diamonds from Zimbabwe's Marange Diamond fields. ... (June 25, '11, VINOD KURIYAN)
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WDC Regrets Inconclusive KP Meeting, Urges Consensus
The World Diamond Council has expressed its regret about the inconclusive end to the Kimberley Process Intersessional Meeting in Kinshasa last week. The main goal of the meeting was to ... (June 27, '11, IDEX ONLINE STAFF REPORTER)
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WFDB Joins Criticism Over KP Failure, Impact 'May Be Disastrous'
The "uncompromising positions taken by some Kimberley Process (KP) members," which led to a continued stalemate on the issue of Zimbabwe's rough Diamond exports, is facing increasing .... (June 28, '11, IDEX ONLINE STAFF REPORTER)
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Christie's to Exhibit Elizabeth Taylor's Jewelry Prior to its Gala Sale
Her love for jewelry was so celebrated, Christie's decided to hold a gala Evening Sale of Elizabeth Taylor's most magnificent jewels. The auction house plans a series of public ... (June 30, '11, IDEX ONLINE STAFF REPORTER)
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Third Chain of Custody Discussion Papers Released
The Responsible Jewellery Council on Friday released its third discussion papers on Chain-of Custody Certification for public comment. The CoC Certification system aims to enable businesses ... (June 26, '11, IDEX ONLINE STAFF REPORTER)
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Israeli Diamond Trader Caught in $2.5M Smuggling Attempt
An Israeli Diamond dealer was caught trying to smuggle into Israel polished diamonds worth $2.5 million. Traders need only declare polished imports and are tax exempt -- if brought in .... (June 28, '11, IDEX ONLINE STAFF REPORTER)
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Malca-Amit Receives FTZ Status in NYC
Malca-Amit has received approval from the U.S. Customs and Border Protection to operate under Foreign Trade Zone (FTZ) status at the company's New York headquarters on 5th Avenue, as well as the ... (June 30, '11, IDEX ONLINE STAFF REPORTER)
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Venus, SRK Expand Manufacturing, Order Second Galaxy System
Venus Jewel and Shree Ramkrishna Export (SRK) have both decided to order a second Galaxy system, Sarin Technologies ... (June 30, '11, IDEX ONLINE STAFF REPORTER)
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DMIA Election Results
The Diamond Manufacturers & Importers Association (DMIA) elected directors and officers at the general membership meeting held June 21. They were elected to serve a two year term of ... (June 30, '11, IDEX ONLINE STAFF REPORTER)
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IDI Office in Hong Kong Gets New MD
The Israel Diamond Institute Group (IDI) representative office in Hong Kong, IDI -- Asia Pacific, has a new managing director. Michal Gordon-Keret replaces Orly Yaffe, who opened the office in ... (June 30, '11, IDEX ONLINE STAFF REPORTER)
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DDC, IDCA Ink Reciprocal Membership Agreement
The New York Diamond Dealers Club (DDC) and the Indian Diamond and Colorstone Association (IDCA) have agreed on reciprocal membership. IDCA represents some 200 Indian-American businesses in the ... (June 29, '11, VINOD KURIYAN)
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Collection Pan-Arab Luxury Magazine Joins the RJC as A Supporter
The Responsible Jewellery Council (RJC) today announced that Collection Pan-Arab Luxury Magazine, the leading magazine in the Middle East, has become an official Supporter of the .... (June 27, '11, IDEX ONLINE STAFF REPORTER)
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IDE Auctions Art, Soccer Ball to Raise Money for Health Center
In an event full of music, art and goodwill, the Israel Diamond Exchange raised 1.25 million NIS ($364,000) for an organization that helps the sick and their ... (June 29, '11, IDEX ONLINE STAFF REPORTER)
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Oppenheimer Helicopter Recruited for Medical Emergencies
When Nicky Oppenheimer's AgustaWestland 139 helicopter was used to evacuate a seriously injured woman from a farm in Limpopo province, a new idea was born that would greatly benefit South .... (June 30, '11, IDEX ONLINE STAFF REPORTER)
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July 4, Independence Day, US August 4-8, IIJS, Mumbai
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