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Virtual Possibilities of Jewellery Market

Online jewellery trading in Russia – since it started boosting and becoming more popular among the consumers - is of keen interest among the market players and is a topical issue. Dmitry Zamyshlyaev, Deputy Head of the Federal State Enterprise ‘Assay...

17 july 2017

Too early to say good days are back, but the industry is witnessing changes

Rajesh Lakhani, Director of Kiran Gems Pvt Ltd has more than 20 years standing in the diamond industry shouldering major responsibilities at Kiran including planning, developing and managing global marketing, sales and distribution of polished goods...

10 july 2017

The task of all the jewellery community is to back up the history of natural diamond, its myths, its reputation of a rare and most precious gem

Russkaya Yuvelirnaya Kompaniya No. 1 Holding comprising the Moscow jewellery factory of the same name and the retail chains in Novosibirsk and Moscow manufactures exclusive jewellery pieces and sells them on the Russian market. It specializes in making...

03 july 2017

SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

26 june 2017

Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

India's polished exports for April down by 1.7%; rough imports down by 7.3%

18 may 2017
Exports of cut & polished diamonds at $ 1.75 bn for the month of April 2017 showed a decline of 1.76% over exports of $ 1.78 bn in the same month of the year 2016.
Gross imports of rough diamonds for April 2017 amounted to $ 1.74 bn as compared to gross rough diamond imports worth $ 1.88 bn in April 2016 – a decline of 7.38%. In volume terms, gross import of rough diamonds of 16.92 mn carats during April 2017 marked a rise of 9.86% compared with gross imports of 15.41 mn carats in the same month of the previous year, according to the data released recently by the Gem & Jewellery Export Promotion Council of India.
Total exports for all gems and jewellery products for April 2017 were valued at $ 3.73 bn marking an increase of 15.17% over exports of $ 3.24 bn achieved in the same period of the previous year.Total imports for the gems & jewellery sector stood at $ 3.16 bn in month of April up 6.99% from imports worth $ 2.95 bn in April 2016.
Gold jewellery exports amounted to $ 497.35 mn marking a decline of 32.36% over $ 735.31 mn in April 2016 ; while exports of gold medallions & coins rose 82.90% to $ 553.59 mn for April 2017 from $ 302.67 mn for April 2016.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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