One of the significant trends in the development of the global diamond market is the creation of lapidary production in diamond-mining countries: Botswana, Angola, Namibia, South Africa, Canada. The pioneer of this process was, undoubtedly, Russia, which is one of the largest producers of rough diamonds and where the developed national lapidary industry has existed in market conditions for more than fifteen years. (The formation and development of the lapidary industry in the USSR in 1963-1991 is of historical interest today, since the economic and political conditions peculiar to that period are obviously incomparable with the current ones). The study of some of the conflicts and contradictions that accompanied and continue to accompany the work of the Russian lapidary industry today, can serve as a good example for countries,
An extremely negative consequence, accompanying the rapid growth of the number of lapidary enterprises in Russia, since 1992, has been the serious criminalization of the industry. A significant part of the new granular enterprises acted as a tool to ensure the illicit export of rough diamonds through "gray" and "black" schemes. And although the peak of this process occurred in 1995-1997, he continues to cause serious concern today. In December 2005, the State Duma held a "round table" on "Legislative support for the effective development of the diamond-lapidary industry of the Russian Federation". Speaking at this representative forum, Deputy Director of the Administrative Department of the Ministry of Finance of the Russian Federation L. Tolpezhnikov said that despite the growth in the number of granular enterprises, The volume of raw materials actually cut in Russia is about 3.8 to 4.5 million carats, and this figure has been stable for several years. At the same time, "sales of diamonds in the domestic market increased and almost double the volume of goods that our enterprises cut." And further: "Increasing the volume of supplies to the domestic market does not lead to an increase in the actual amount of cut." As a source of information that allows such a conclusion to be drawn, L. Tolpezhnikov referred to the official reporting of the Ministry of Finance, indicating that the information is classified "top secret." This performance, undeservedly ignored by the press, was the actual recognition that up to 50% of the rough diamonds sold in the domestic market of Russia are in the shadow turnover. Of course, A similar level of criminalization is not specific to the cutting industry, but is inherent in the whole for countries with a transitional type of economy and, accordingly, a high level of corruption and a weak and imperfect law enforcement system. Obviously, Angola, Namibia, Botvana, a number of other African countries that are ardently advocating the creation of national lapidary industries will inevitably face the same problems and will fairly add to the headache for the remaining participants in the Kimberley Process.
Another block of conflict situations, in which Russia's lapidary enterprises have permanently fallen and, alas, continues to fall, is connected with the imperfection of the tax system, fiscal procedures and administrative regulation. Some aspects of the problem, for example, excessive interest in quotas or paranoid love for the label "secret" on any information related to diamonds, were the legacy of a totalitarian past. Others, such as the reluctance of the Ministry of Finance to agree to the organization of a specialized customs post in Yakutsk, were the result of a well-founded bureaucratic shock caused by the criminal tsunami. Some were caused by tactical contradictions in the interests of extractive companies and lapidary enterprises and the corresponding efforts of their lobbyists. How else can we explain the fact, That the export of rough diamonds and the sale to the domestic market are taxed differently by the value-added tax, when exporting the diamond-mining company returns from the VAT budget, and when selling to the domestic market - no? It took more than 10 years of efforts known as the "process of liberalizing the diamond market" in order to remove some of this kind of contradictions and create conditions for the industry that are illusory approaching the norms by which the main competitors work: the lapidary enterprises of Israel, Belgium, India and China. Still, problems of this type had a largely subjective nature, and the hope of their solution through negotiations and compromises remained always. And when selling to the domestic market - no? It took more than 10 years of efforts known as the "process of liberalizing the diamond market" in order to remove some of this kind of contradictions and create conditions for the industry that are illusory approaching the norms by which the main competitors work: the lapidary enterprises of Israel, Belgium, India and China. Still, problems of this type had a largely subjective nature, and the hope of their solution through negotiations and compromises remained always. And when selling to the domestic market - no? It took more than 10 years of efforts known as the "process of liberalizing the diamond market" in order to remove some of this kind of contradictions and create conditions for the industry that are illusory approaching the norms by which the main competitors work: the lapidary enterprises of Israel, Belgium, India and China. Still, problems of this type had a largely subjective nature, and the hope of their solution through negotiations and compromises remained always.
But in principle the Russian stakeholders were unable to solve the following problem. For the successful operation of the cutting plant, modern technologies and equipment are needed, well-trained personnel, tax preferences and loyal administration are desirable. But the main thing is that we need working capital. Traditionally, this business is arranged in such a way that the diamond cutter pays for rough diamonds at once, and the finished diamond gives the jeweler (or dealer) a consignment. Consequently - loans are needed, and given the fact that the cost of rough diamonds can reach up to 90% of the cost of a diamond, credit policy is the main factor of business success. In Israel, India, Belgium, there are specialized banks such as Antwerp Diamond Bank, ABN-AMRO Bank, State Bank of India, etc. The rate of loans for cutters fluctuates about LIBOR + 2%. Such conditions for Russia were and remain impossible for reasons, from diamantaires not depending. What kind of loans could be seriously talked about, if the refinancing rate in the mid-90s exceeded 200%!? Today, the domestic interest rate is 10.0%. In the European Union - 4.0%, in China - 3.6%, in Israel - 4.5%, in India - 7.75%. Accordingly, the cost of loans varies. These simple arguments make it possible to draw a rather unhappy conclusion: a Russian lapidary enterprise that operates on loans from Russian banks was, and probably will not be, competitive for a long time compared to Israeli, Belgian, Indian, and Chinese counterparts. In Russia there are still no cheap loans and there are no banks specializing in investment in the lapidary industry. Therefore, if the Russian granulator "plays by the rules" he is initially doomed to failure in the market. It seems that this situation will be typical for the majority of African diamond-mining countries that are striving to enter the "club of cutters".
http://rough-polished.com/ru/analytics/11191.html
Showing posts with label diamonds. Show all posts
Showing posts with label diamonds. Show all posts
Thursday, August 3, 2017
Price range that corresponds to your diamond cost of this size and quality
Times are changing. Remember the time when the retail jewelry store was the first and only place where you could buy a diamond? Currently, the traditional retailer in the trade in diamonds competes not only with other jewelry stores. Now it seems that everyone is engaged in diamond business, from hypermarkets to department stores and countless Internet sites. Add to this the problem of reducing profits and increasing the number of buyers who make large purchases online, and the owner of a regular real jewelry store at least shut down. But there are ways to restore the sales of diamonds, and one of them is the interaction with your customers. Let's take an example of a young man who is going to get engaged ...
Our customer John (John) for 25 years, he is a man of the third millennium, if you like. He walks into your store, armed with information he collected from web pages, and tells you what he needs: a ring with a round brilliant diamond cut diamond weighing 1.50 carats, color G, purity VS-2. And he indicates the price range that corresponds to your diamond cost of this size and quality!
What should a retailer do? Before you think, "Well, here you go again!" And lose another sale in favor of the Internet, you must be tuned in such a way as to surely translate this scenario into reality. The faster you can turn it into an advantage for yourself, the faster you will restore these sales volumes.
Your first step? DO NOT show him what he asked! If you immediately show John your diamond weighing 1.50 carats, the colors of G, the purity of VS-2, you tune it to the idea that this is a "commodity". And he, probably, will ask you for the price, make a note and leave the store - forever. If he is firmly concerned about the price, you will never win against the Internet. Besides, do not go straight to the point. Ask John if he does not want to drink anything. Remember that you want to establish a relationship with him. There will be a lot of time to show the diamonds, but you first need to get some key information from this potential buyer.
Your first step is to ask John why he is going to buy a diamond. Even if you are sure that this is an impending betrothal soon, never make an assumption. In addition, if you ask him a question, he will have to say: "I'm going to be engaged." Now you have a reason to congratulate him, ask about his choice and various other details related to the upcoming betrothal. In fact, you helped raise the emotional level of your conversation with John.
Then give him the opportunity to feel satisfaction from the "research" he conducted. Ask where he was already looking for diamonds. You can find out that he only "saw" the diamonds on the Internet. Many potential buyers actually believe that they can look at the diamond certificate and take an informed decision based only on numbers and letters (and probably the schedule) without even looking at the diamond itself! Now it's time to show your experience and give John a small consultation on diamonds and laboratory certificates.
Maybe you want to tell him something like: "John, would you understand that Nina will be" the only one "for you, just by looking at her driving license"? Of course, he will say no! You can use this simple analogy to explain that, although the laboratory certificate gives important information about the diamond, the only way to really feel the beauty and personality of a diamond is to look at the diamond itself! Now say something that will cause John to present "the very moment" when he makes an offer or when Nina brags about her new engagement ring in front of her girlfriends. "How do you want Nina to react when she sees her ring for the first time?" John, perhaps, will answer thoughtfully and emotionally: "I want her to like it very much," or "I want,
If you sell a branded premium diamond, then this is the right time to show it. If you do not have brands, then you need to offer your finest diamonds (for example, better quality). Now it's time to discuss the light characteristics of a diamond, or how a diamond refracts light. (John will pay attention to the term "light characteristics of a diamond", since men are generally associated with the characteristics and indicators of ... cars, in sports, etc. Yes, it is.) The highest light characteristics of a diamond is what allows a diamond Be visible at the other end of the room, even if it is not the largest diamond in the room! John will have no choice but to think about Nina, how she wears her wedding ring, and undoubtedly he will want to find for her the most beautiful diamond he can afford.
Of course, at some point it will be necessary to touch on the issue of color, purity and weight in carats, but John needs to understand that the most important factor related to beauty is the CONSTRUCTION. If you have any devices that will help demonstrate the cut, then this is the right time to use them during the presentation of your diamond. Remember that you want to let John know that YOU are an expert on diamonds (and not him!). But do not go too far into technical details, talking about the corners of the crown, the percentage of the site, the depth of the pavilions and so on. Such conversations distract from the emotional state that has been created so far. In fact, some devices can help to understand all the technical details and will allow you to get a visual visual image that will show John,
Here are a few suggestions that can help turn a buyer on the Internet into their loyal customer:
1. Keep in mind that some websites use the term "ideal" to describe the cutting of some of the diamonds placed on them, even if these diamonds are evaluated by laboratories that do not even use the term "ideal" as an evaluation category. If the customer says that he saw the "perfect cut" online at a much smaller diamond than yours, then ask questions. Ask which laboratory issued the certificate. If this is a different laboratory, and not the American Gem Society Lab (which introduced the term "perfect cut" and has stringent criteria for its application), then clarify this discrepancy. Say that the Gemological Trading Laboratory of the Gemological Institute of America (GIA Gem Trade Lab), for example, Uses the term "Excellent" to denote the highest category in its system. You will be thankful for your knowledge and explanations, and this may prompt an online buyer to make a purchase from you.
http://www.thediamondloupe.com/depth/2015-05-30/how-make-customer-out-internet-shopper
Our customer John (John) for 25 years, he is a man of the third millennium, if you like. He walks into your store, armed with information he collected from web pages, and tells you what he needs: a ring with a round brilliant diamond cut diamond weighing 1.50 carats, color G, purity VS-2. And he indicates the price range that corresponds to your diamond cost of this size and quality!
What should a retailer do? Before you think, "Well, here you go again!" And lose another sale in favor of the Internet, you must be tuned in such a way as to surely translate this scenario into reality. The faster you can turn it into an advantage for yourself, the faster you will restore these sales volumes.
Your first step? DO NOT show him what he asked! If you immediately show John your diamond weighing 1.50 carats, the colors of G, the purity of VS-2, you tune it to the idea that this is a "commodity". And he, probably, will ask you for the price, make a note and leave the store - forever. If he is firmly concerned about the price, you will never win against the Internet. Besides, do not go straight to the point. Ask John if he does not want to drink anything. Remember that you want to establish a relationship with him. There will be a lot of time to show the diamonds, but you first need to get some key information from this potential buyer.
Your first step is to ask John why he is going to buy a diamond. Even if you are sure that this is an impending betrothal soon, never make an assumption. In addition, if you ask him a question, he will have to say: "I'm going to be engaged." Now you have a reason to congratulate him, ask about his choice and various other details related to the upcoming betrothal. In fact, you helped raise the emotional level of your conversation with John.
Then give him the opportunity to feel satisfaction from the "research" he conducted. Ask where he was already looking for diamonds. You can find out that he only "saw" the diamonds on the Internet. Many potential buyers actually believe that they can look at the diamond certificate and take an informed decision based only on numbers and letters (and probably the schedule) without even looking at the diamond itself! Now it's time to show your experience and give John a small consultation on diamonds and laboratory certificates.
Maybe you want to tell him something like: "John, would you understand that Nina will be" the only one "for you, just by looking at her driving license"? Of course, he will say no! You can use this simple analogy to explain that, although the laboratory certificate gives important information about the diamond, the only way to really feel the beauty and personality of a diamond is to look at the diamond itself! Now say something that will cause John to present "the very moment" when he makes an offer or when Nina brags about her new engagement ring in front of her girlfriends. "How do you want Nina to react when she sees her ring for the first time?" John, perhaps, will answer thoughtfully and emotionally: "I want her to like it very much," or "I want,
If you sell a branded premium diamond, then this is the right time to show it. If you do not have brands, then you need to offer your finest diamonds (for example, better quality). Now it's time to discuss the light characteristics of a diamond, or how a diamond refracts light. (John will pay attention to the term "light characteristics of a diamond", since men are generally associated with the characteristics and indicators of ... cars, in sports, etc. Yes, it is.) The highest light characteristics of a diamond is what allows a diamond Be visible at the other end of the room, even if it is not the largest diamond in the room! John will have no choice but to think about Nina, how she wears her wedding ring, and undoubtedly he will want to find for her the most beautiful diamond he can afford.
Of course, at some point it will be necessary to touch on the issue of color, purity and weight in carats, but John needs to understand that the most important factor related to beauty is the CONSTRUCTION. If you have any devices that will help demonstrate the cut, then this is the right time to use them during the presentation of your diamond. Remember that you want to let John know that YOU are an expert on diamonds (and not him!). But do not go too far into technical details, talking about the corners of the crown, the percentage of the site, the depth of the pavilions and so on. Such conversations distract from the emotional state that has been created so far. In fact, some devices can help to understand all the technical details and will allow you to get a visual visual image that will show John,
Here are a few suggestions that can help turn a buyer on the Internet into their loyal customer:
1. Keep in mind that some websites use the term "ideal" to describe the cutting of some of the diamonds placed on them, even if these diamonds are evaluated by laboratories that do not even use the term "ideal" as an evaluation category. If the customer says that he saw the "perfect cut" online at a much smaller diamond than yours, then ask questions. Ask which laboratory issued the certificate. If this is a different laboratory, and not the American Gem Society Lab (which introduced the term "perfect cut" and has stringent criteria for its application), then clarify this discrepancy. Say that the Gemological Trading Laboratory of the Gemological Institute of America (GIA Gem Trade Lab), for example, Uses the term "Excellent" to denote the highest category in its system. You will be thankful for your knowledge and explanations, and this may prompt an online buyer to make a purchase from you.
http://www.thediamondloupe.com/depth/2015-05-30/how-make-customer-out-internet-shopper
Wednesday, June 14, 2017
Israeli Diamond Industry 18 December 2016 agreed on all terms of the agreement with the Israeli tax authorities after several months of negotiations. The treaty was unanimously ratified by the boards of directors of the Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association (Israel Diamond Manufacturers Association, IsDMA) . Special meeting of IDE members also approved a new agreement, according to a press release from the IDI.
The new tax agreement sets out the conditions for the Israeli diamond industry, which are in line with international financial regulations. One of the achievements is that diamantaires will no longer have to pay sales tax, but only with profit. The agreement also allows diamantaires participate in "voluntary disclosure" agreement with the special considerations for the unique aspects of the diamond business.
IDE President Yoram u'Dvash (Yoram Dvash) said: "This is a historic achievement that will allow us to focus on the development of the diamond industry in the past few months we have been working in collaboration with the tax authority in full transparency Our goal is to manage our accounting.. and pay taxes like any other business in Israel. "
U'Dvash expressed confidence that Israeli banks, which raised interest rates and close the account diamanters will now welcome the diamond business. He noted that the government promises to approve the allocation of credits for the industry by Israeli banks.
http://digg.com/u/jetjewelry
The new tax agreement sets out the conditions for the Israeli diamond industry, which are in line with international financial regulations. One of the achievements is that diamantaires will no longer have to pay sales tax, but only with profit. The agreement also allows diamantaires participate in "voluntary disclosure" agreement with the special considerations for the unique aspects of the diamond business.
IDE President Yoram u'Dvash (Yoram Dvash) said: "This is a historic achievement that will allow us to focus on the development of the diamond industry in the past few months we have been working in collaboration with the tax authority in full transparency Our goal is to manage our accounting.. and pay taxes like any other business in Israel. "
U'Dvash expressed confidence that Israeli banks, which raised interest rates and close the account diamanters will now welcome the diamond business. He noted that the government promises to approve the allocation of credits for the industry by Israeli banks.
http://digg.com/u/jetjewelry
Representatives of the Responsible Jewelry Practices Board (Responsible Jewellery Council, RJC) Kindzhal Shah (Kinjal Shah) and Bethan Herbert (Bethan Herbert) in December, met with key stakeholders in the jewelry industry in Dubai and Antwerp.
Head of the RJC in India Kindzhal Shah visited Dubai to meet with DMCC and discuss the UAE market and the current challenges for the supply chain of gold and diamonds. The meeting explored the potential for cooperation in the field of standards and educational activities. In addition to this, Kindzhal also visited some of the refining factories based in Dubai to open a discussion on the need for standardization in the RJC for the industry and the benefits of membership in the organization.
In Antwerp to Kindzhalu joined Bethan Herbert, director of RJC Certification and environmental impact, to get feedback on this key market. In the city of RJC members, auditors and industry associations met them with a positive attitude. A number of jewelry companies in Antwerp are already at one stage or another entry into the RJC, and therefore representatives of the Council discussed issues such as the circuit "know your customer", the discovery of undisclosed lab-grown diamonds, the need for additional training. They also held a meeting with the RJC members of the team on new opportunities and raise the profile of the organization.
http://digg.com/u/jetjewelry
Head of the RJC in India Kindzhal Shah visited Dubai to meet with DMCC and discuss the UAE market and the current challenges for the supply chain of gold and diamonds. The meeting explored the potential for cooperation in the field of standards and educational activities. In addition to this, Kindzhal also visited some of the refining factories based in Dubai to open a discussion on the need for standardization in the RJC for the industry and the benefits of membership in the organization.
In Antwerp to Kindzhalu joined Bethan Herbert, director of RJC Certification and environmental impact, to get feedback on this key market. In the city of RJC members, auditors and industry associations met them with a positive attitude. A number of jewelry companies in Antwerp are already at one stage or another entry into the RJC, and therefore representatives of the Council discussed issues such as the circuit "know your customer", the discovery of undisclosed lab-grown diamonds, the need for additional training. They also held a meeting with the RJC members of the team on new opportunities and raise the profile of the organization.
http://digg.com/u/jetjewelry
Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), the organizer of the India International Jewelery Show (India International Jewellery Show, IIJS) and the Indian exhibition of equipment for the production of precious stones and jewelery (India Gem & Jewellery Machinery Expo, IGJME 2016), reported that the event will be held simultaneously at the exhibition center in Mumbai from 7 to 9 February 2017. Exhibitions are held, respectively, already in the 10 th and the 4 th time.
In addition, the GJEPC said that "As a bonus for visitors who have suffered from the recent demonetization, registering the first phase of visitors has been extended until January 31, 2017 (the second registration phase of the visitors was canceled). The fee for registration fees as the third registration phase will be applied from 1 February 2017 ", - said the GJEPC.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "In the 50th anniversary year of the Council IIJS exhibition, which is one of the most important in the country of jewelry show, completing a decade of his work demonstrating the finest collections of jewelry created by more than 500 leading manufacturers from India. IIJS demonstrates that the production of jewelry is a strong economic sector, and this sector has become a reliable and competitive manufacturer of products for retailers and consumers from around the world. Global Business cycles Noah jewelry trade are located near the exhibition dates, and customers tend to make up for reserves, learn about the trends of the future of styles, make predictions and opinions on the trends. "
He continues: "IGJME, one of the leading exhibition of technologies for the industry of precious stones and jewelry, presents samples of the latest innovative products and technological advances to improve the quality and quantity of output IGJME over the years has become one of the most technologically advanced events of the world jewelry industry. "
http://digg.com/u/jetjewelry
In addition, the GJEPC said that "As a bonus for visitors who have suffered from the recent demonetization, registering the first phase of visitors has been extended until January 31, 2017 (the second registration phase of the visitors was canceled). The fee for registration fees as the third registration phase will be applied from 1 February 2017 ", - said the GJEPC.
Chairman GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "In the 50th anniversary year of the Council IIJS exhibition, which is one of the most important in the country of jewelry show, completing a decade of his work demonstrating the finest collections of jewelry created by more than 500 leading manufacturers from India. IIJS demonstrates that the production of jewelry is a strong economic sector, and this sector has become a reliable and competitive manufacturer of products for retailers and consumers from around the world. Global Business cycles Noah jewelry trade are located near the exhibition dates, and customers tend to make up for reserves, learn about the trends of the future of styles, make predictions and opinions on the trends. "
He continues: "IGJME, one of the leading exhibition of technologies for the industry of precious stones and jewelry, presents samples of the latest innovative products and technological advances to improve the quality and quantity of output IGJME over the years has become one of the most technologically advanced events of the world jewelry industry. "
http://digg.com/u/jetjewelry
Dorothée Gizenga (Dorothée Gizenga), executive director of the "Initiative of the diamond industry» (Diamond Development Initiative, DDI) - an organization dedicated to the problems of the traditional diamond mining sector, was among the 26 persons who are holders of the Order of Ontario, the highest award of this Canadian province.
Signed a decree on awarding Elizabeth Dowdeswell (Elizabeth Dowdeswell), Lieutenant - Governor of Ontario.
Gizenga is a recognized expert on issues of international development and human rights activist. The decree on awarding it states that it "is the founder and executive director of the" Initiative of the diamond industry "and has dedicated his work to international development and the eradication of blood diamonds."
"We can not just wait for governments that they make people's lives better. If people are provided with the knowledge, skills, information and access to what they need, they will change not only their lives but also the lives of their communities, "- said Gizenga its part.
Order of Ontario is awarded to persons who have achieved exceptional achievements in their field and left a "lasting legacy in the province, Canada and abroad."
http://digg.com/u/jetjewelry
Signed a decree on awarding Elizabeth Dowdeswell (Elizabeth Dowdeswell), Lieutenant - Governor of Ontario.
Gizenga is a recognized expert on issues of international development and human rights activist. The decree on awarding it states that it "is the founder and executive director of the" Initiative of the diamond industry "and has dedicated his work to international development and the eradication of blood diamonds."
"We can not just wait for governments that they make people's lives better. If people are provided with the knowledge, skills, information and access to what they need, they will change not only their lives but also the lives of their communities, "- said Gizenga its part.
Order of Ontario is awarded to persons who have achieved exceptional achievements in their field and left a "lasting legacy in the province, Canada and abroad."
http://digg.com/u/jetjewelry
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 gold jewelry (such as precious stones or without them) fell by 35% in November 2016, to $ 547.5 million, against $ 844.67 million in the same period last year.
The total volume of exports of the country's jewelry segment in November 2016 amounted to $ 2? 47 billion, which is 20.4% lower than a year ago to $ 3.11 billion. Exports of gold medallions and coins fell to $ 319 million, versus $ 472.5 million a year earlier.
The export of silver jewelry from India fell in November to $ 256.26 million from $ 370.69 million a year earlier.
Exports of colored gemstones from India in November was $ 24.44 million versus $ 25.06 million in the same period last year.
During April-November 2016 (from the beginning of the tax period), total exports of India jewelry sector rose by 10.9%, to $ 28.79 billion, compared with $ 25.96 billion in the same period a year earlier.
At the same time export gold jewelery (such as precious stones or without them) has increased by 12% to $ 6.09 billion and medallions and coins exports fell 5.37% to $ 3.48 Bln.
However, the export of silver jewelry from India grew by 16.37% in April-November 2016, to $ 2.37 billion, while exports of colored gemstones fell by 7.48% to $ 265.06 million.
the weaker performance jewelery industry explained by the closure of the Indian diamond cutting enterprises to celebrate Diwali festival in November, as well as the decision of the Indian authorities to stop the circulation of banknotes Nominal Lamy 500 and Rs 1,000.
http://digg.com/u/jetjewelry
The total volume of exports of the country's jewelry segment in November 2016 amounted to $ 2? 47 billion, which is 20.4% lower than a year ago to $ 3.11 billion. Exports of gold medallions and coins fell to $ 319 million, versus $ 472.5 million a year earlier.
The export of silver jewelry from India fell in November to $ 256.26 million from $ 370.69 million a year earlier.
Exports of colored gemstones from India in November was $ 24.44 million versus $ 25.06 million in the same period last year.
During April-November 2016 (from the beginning of the tax period), total exports of India jewelry sector rose by 10.9%, to $ 28.79 billion, compared with $ 25.96 billion in the same period a year earlier.
At the same time export gold jewelery (such as precious stones or without them) has increased by 12% to $ 6.09 billion and medallions and coins exports fell 5.37% to $ 3.48 Bln.
However, the export of silver jewelry from India grew by 16.37% in April-November 2016, to $ 2.37 billion, while exports of colored gemstones fell by 7.48% to $ 265.06 million.
the weaker performance jewelery industry explained by the closure of the Indian diamond cutting enterprises to celebrate Diwali festival in November, as well as the decision of the Indian authorities to stop the circulation of banknotes Nominal Lamy 500 and Rs 1,000.
http://digg.com/u/jetjewelry
Dzherri Erenvald (Jerry Ehrenwald), President and CEO of the International Gemological Institute (International Gemological Institute, IGI), elected to the Board of the American department directors to work with the Kimberley Process (US Kimberley Process Authority, USKPA) after the departure of the Mark Gershburga (Mark Gershburg) who has worked in the organization for more than ten years as one of its three directors.
USKPA is a trade association that helps the US government to eliminate conflict diamonds from the legitimate supply channels. It controls the use of certificates of KP in the export of rough diamonds from the United States.
"We look forward to working with Mr. Erenvaldom IGI and staff in the implementation of this important mission for the US diamond industry", - said Dr. Martin Hohbaum (Martin Hochbaum), CEO and Member of the Board of Directors USKPA.
"I'm glad purpose in USKPA Board of Directors and look forward to helping to improve the work manual, as well as in the maintenance of vital importance that the certification manual is for the diamond industry - from mines to the final consumer," - said Dzherri Erenvald in this regard, appointment.
https://del.icio.us/pearlsonline
USKPA is a trade association that helps the US government to eliminate conflict diamonds from the legitimate supply channels. It controls the use of certificates of KP in the export of rough diamonds from the United States.
"We look forward to working with Mr. Erenvaldom IGI and staff in the implementation of this important mission for the US diamond industry", - said Dr. Martin Hohbaum (Martin Hochbaum), CEO and Member of the Board of Directors USKPA.
"I'm glad purpose in USKPA Board of Directors and look forward to helping to improve the work manual, as well as in the maintenance of vital importance that the certification manual is for the diamond industry - from mines to the final consumer," - said Dzherri Erenvald in this regard, appointment.
https://del.icio.us/pearlsonline
De Beers Diamond Jewellers opened its new flagship store in New York, where she presented the rough diamonds that give customers a better understanding of the origin of the finished product.
On this occasion, the retailer makes the new store 109-carat rough diamond of type IIa. Salon covers 200 square meters in a building on Madison Avenue in Manhattan.
"In order to get a beautiful diamond, you should start with a beautiful diamond," said Fransua Delazh (François Delage), CEO of De Beers Diamond Jewellers, in a televised interview with Bloomberg.
"It is really important is our experience, and we want our potential customers to be able to experience a touch of beautiful stones", - he added.
De Beers Diamond Jewellers owns four jewelry outlets in the US, including one inside the department store Saks Fifth Avenue. She also manages the offline store on Fifth Avenue in 2005, and moved to a temporary store on Madison Avenue in the beginning of 2016 to launch a permanent point of sales.
"We felt that the time was right to offer us our customer experience that matches what they are looking for, and that is a little more intimate, a little more exclusive - added Delage -. We have seen that store on Madison -avenyu probably more suited for that fight our brand. "
De Beers Diamond Jewellers - London joint venture between De Beers and LVMH Moët Hennessy Louis Vuitton. In 2015, his training has increased by 3%, to $ 161.3 million, while sales of high-level jewelry greatly improved. Besides the US, the brand has two stores in Canada, seven sales outlets in Europe, three - in the Middle East, and 17 - in Asia. Moreover, its business in China, where it has five points of sales, growing double digits, noticed Delage.
https://del.icio.us/pearlsonline
On this occasion, the retailer makes the new store 109-carat rough diamond of type IIa. Salon covers 200 square meters in a building on Madison Avenue in Manhattan.
"In order to get a beautiful diamond, you should start with a beautiful diamond," said Fransua Delazh (François Delage), CEO of De Beers Diamond Jewellers, in a televised interview with Bloomberg.
"It is really important is our experience, and we want our potential customers to be able to experience a touch of beautiful stones", - he added.
De Beers Diamond Jewellers owns four jewelry outlets in the US, including one inside the department store Saks Fifth Avenue. She also manages the offline store on Fifth Avenue in 2005, and moved to a temporary store on Madison Avenue in the beginning of 2016 to launch a permanent point of sales.
"We felt that the time was right to offer us our customer experience that matches what they are looking for, and that is a little more intimate, a little more exclusive - added Delage -. We have seen that store on Madison -avenyu probably more suited for that fight our brand. "
De Beers Diamond Jewellers - London joint venture between De Beers and LVMH Moët Hennessy Louis Vuitton. In 2015, his training has increased by 3%, to $ 161.3 million, while sales of high-level jewelry greatly improved. Besides the US, the brand has two stores in Canada, seven sales outlets in Europe, three - in the Middle East, and 17 - in Asia. Moreover, its business in China, where it has five points of sales, growing double digits, noticed Delage.
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According to government data, polished diamond imports to the US fell by 3% in October this year, to $ 2.09 billion.
Polished imports by weight decreased by 6%, to 1 million carats as the average price increased by 3%, to $ 2071 per carat. Polished exports fell by 2% to $ 1.3 billion, while net imports fell by 5% to $ 794 million.
Rough imports increased more than threefold to $ 51 million, while rough exports grew almost fivefold, to $ 118 million, resulting in a negative net rough imports totaled $ 67 million compared to $ 7 million a year ago. The balance of the diamond trade, reflecting the difference between net imports and exports fell by 12% - to $ 727 million.
In the first 10 months of the year, polished diamond imports in the US decreased by 0.2% to $ 19.89 billion, while polished exports rose by 2 %, to $ 15.78 billion, resulting in net imports fell by 1%, to $ 4.11 billion.
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Polished imports by weight decreased by 6%, to 1 million carats as the average price increased by 3%, to $ 2071 per carat. Polished exports fell by 2% to $ 1.3 billion, while net imports fell by 5% to $ 794 million.
Rough imports increased more than threefold to $ 51 million, while rough exports grew almost fivefold, to $ 118 million, resulting in a negative net rough imports totaled $ 67 million compared to $ 7 million a year ago. The balance of the diamond trade, reflecting the difference between net imports and exports fell by 12% - to $ 727 million.
In the first 10 months of the year, polished diamond imports in the US decreased by 0.2% to $ 19.89 billion, while polished exports rose by 2 %, to $ 15.78 billion, resulting in net imports fell by 1%, to $ 4.11 billion.
https://del.icio.us/pearlsonline
According to government data, polished diamond imports to the US fell by 3% in October this year, to $ 2.09 billion.
Polished imports by weight decreased by 6%, to 1 million carats as the average price increased by 3%, to $ 2071 per carat. Polished exports fell by 2% to $ 1.3 billion, while net imports fell by 5% to $ 794 million.
Rough imports increased more than threefold to $ 51 million, while rough exports grew almost fivefold, to $ 118 million, resulting in a negative net rough imports totaled $ 67 million compared to $ 7 million a year ago. The balance of the diamond trade, reflecting the difference between net imports and exports fell by 12% - to $ 727 million.
In the first 10 months of the year, polished diamond imports in the US decreased by 0.2% to $ 19.89 billion, while polished exports rose by 2 %, to $ 15.78 billion, resulting in net imports fell by 1%, to $ 4.11 billion.
https://del.icio.us/pearlsonline
Polished imports by weight decreased by 6%, to 1 million carats as the average price increased by 3%, to $ 2071 per carat. Polished exports fell by 2% to $ 1.3 billion, while net imports fell by 5% to $ 794 million.
Rough imports increased more than threefold to $ 51 million, while rough exports grew almost fivefold, to $ 118 million, resulting in a negative net rough imports totaled $ 67 million compared to $ 7 million a year ago. The balance of the diamond trade, reflecting the difference between net imports and exports fell by 12% - to $ 727 million.
In the first 10 months of the year, polished diamond imports in the US decreased by 0.2% to $ 19.89 billion, while polished exports rose by 2 %, to $ 15.78 billion, resulting in net imports fell by 1%, to $ 4.11 billion.
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In November 2016 the export of diamonds from India decreased by 10% compared to the same period last year, to $ 1.18 billion, versus $ 1.32 billion in November 2015. This is evidenced by the preliminary data of the Council to promote the export of gems and jewelery (Gem and Jewellery Export Promotion Council, GJEPC).
By volume, polished exports fell to 2.13 million carats to 1.58 million carats.
Rough imports in value terms nearly doubled to $ 1.19 billion in November 2016 compared to $ 624.9 million in November 2015, when there was a difficult situation in the industry. In volume diamond imports rose to 8.55 million carats against 6.43 million carats in the same period last year.
Polished imports grew by 12.5% in November 2016 in India, up to $ 165.83 million, compared to $ 147.43 million in November, a year earlier.
For 8 months of 2016 fiscal year (April-November), India's polished exports rose by 12.23% to $ 15.41 billion against $ 13.73 billion in the same period a year earlier. Also during the reporting period the volume of diamond exports declined from 22.59 million carats to 21.60 million carats.
Since the beginning of fiscal year 2016 (April-November), the import of rough diamonds to India increased by 30.5% compared to the same period last year to $ 11.29 billion, against $ 8.66 billion a year earlier. By volume, this figure increased by 15% to 92.58 million carats, against 80.5 million carats a year earlier.
The weaker performance of the diamond industry are explained by the closure of the Indian diamond cutting enterprises to celebrate Diwali festival in November, as well as the decision of the Indian authorities to stop the circulation of banknotes in denominations of 500 and 1000 rupees.
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By volume, polished exports fell to 2.13 million carats to 1.58 million carats.
Rough imports in value terms nearly doubled to $ 1.19 billion in November 2016 compared to $ 624.9 million in November 2015, when there was a difficult situation in the industry. In volume diamond imports rose to 8.55 million carats against 6.43 million carats in the same period last year.
Polished imports grew by 12.5% in November 2016 in India, up to $ 165.83 million, compared to $ 147.43 million in November, a year earlier.
For 8 months of 2016 fiscal year (April-November), India's polished exports rose by 12.23% to $ 15.41 billion against $ 13.73 billion in the same period a year earlier. Also during the reporting period the volume of diamond exports declined from 22.59 million carats to 21.60 million carats.
Since the beginning of fiscal year 2016 (April-November), the import of rough diamonds to India increased by 30.5% compared to the same period last year to $ 11.29 billion, against $ 8.66 billion a year earlier. By volume, this figure increased by 15% to 92.58 million carats, against 80.5 million carats a year earlier.
The weaker performance of the diamond industry are explained by the closure of the Indian diamond cutting enterprises to celebrate Diwali festival in November, as well as the decision of the Indian authorities to stop the circulation of banknotes in denominations of 500 and 1000 rupees.
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In a special meeting of the Congress of the International Association of colored gemstones (International Coloured Gem Stone Association, ICA ) in Jaipur in 2017, the Steering Committee decided that the Congress would be moved from April to October of the following year.
Thus, Congress in 2017 in Jaipur will be held 21 - 24 October 2017. These dates immediately following the festival of Diwali, the most important holiday of the year in India.
Chairman Radzhiv Dzheyn Steering Committee (Rajiv Jain) said: "As a result of demonetization Indian markets are faced with the slowdown, and the current situation is not very clear, as the new policy is almost every day in such conditions, how we feel, Indian and international delegates will not participate in good numbers. Problems with cash, are expected to change for the better in the next few months. The situation in Jaipur is sure to be better than in October, and our Committee on the program of action should be the servant thief on the events before Congress for our members, so they can get a wonderful experience as part of Diwali next year. "
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Thus, Congress in 2017 in Jaipur will be held 21 - 24 October 2017. These dates immediately following the festival of Diwali, the most important holiday of the year in India.
Chairman Radzhiv Dzheyn Steering Committee (Rajiv Jain) said: "As a result of demonetization Indian markets are faced with the slowdown, and the current situation is not very clear, as the new policy is almost every day in such conditions, how we feel, Indian and international delegates will not participate in good numbers. Problems with cash, are expected to change for the better in the next few months. The situation in Jaipur is sure to be better than in October, and our Committee on the program of action should be the servant thief on the events before Congress for our members, so they can get a wonderful experience as part of Diwali next year. "
https://del.icio.us/pearlsonline
HRD Antwerp will be the first gemological laboratory, which will offer its customers reports on diamonds in two languages, the company said.
In addition, representatives of the Laboratory participated in the trade mission to Korea.
Laboratory reports launch bilingual in English and Korean, as well as in English and Chinese languages, starting from February 1 next year. The HRD said that the reports will be offered on additional foreign languages during 2017.
Laboratory has released reports in the Chinese language, but they first will be offered in two languages anywhere in the world, say in HRD.
The trade mission to the lab in Seoul attended the mayor of Antwerp Bart De Wever (Bart De Wever), as well as representatives of the Antwerp World Diamond Center (AWDC). The visit, which is aimed at improving the Antwerp diamond trade in the region, which includes special measures for establishing contacts and signing of a memorandum of understanding with the Association of Korean Jewelery Confederation (Korea Jeweller Confederation Association), as well as explore opportunities for collaboration.
"The South Korean market represents a great opportunity, and our presence here today is just the first step in what will undoubtedly be a mutually beneficial relationship", - said Ari Epstein (Ari Epstein), HRD Chairman and CEO of the AWDC.
Within HRD program sacrificed Korean jewelry industry M-Screen + screening device for round brilliants size 0.005 - 0.10 carats.
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In addition, representatives of the Laboratory participated in the trade mission to Korea.
Laboratory reports launch bilingual in English and Korean, as well as in English and Chinese languages, starting from February 1 next year. The HRD said that the reports will be offered on additional foreign languages during 2017.
Laboratory has released reports in the Chinese language, but they first will be offered in two languages anywhere in the world, say in HRD.
The trade mission to the lab in Seoul attended the mayor of Antwerp Bart De Wever (Bart De Wever), as well as representatives of the Antwerp World Diamond Center (AWDC). The visit, which is aimed at improving the Antwerp diamond trade in the region, which includes special measures for establishing contacts and signing of a memorandum of understanding with the Association of Korean Jewelery Confederation (Korea Jeweller Confederation Association), as well as explore opportunities for collaboration.
"The South Korean market represents a great opportunity, and our presence here today is just the first step in what will undoubtedly be a mutually beneficial relationship", - said Ari Epstein (Ari Epstein), HRD Chairman and CEO of the AWDC.
Within HRD program sacrificed Korean jewelry industry M-Screen + screening device for round brilliants size 0.005 - 0.10 carats.
https://del.icio.us/pearlsonline
Due to lack of information about the demonetization in India and taking into account the need to raise awareness of their members, the Regional Council for the promotion of exports of gems and jewelery Bureau (Gem & Jewellery Export Promotion Council, GJEPC) organized in Surat seminar on "demonetization and opportunities for gems and jewelry industry. " The seminar was held December 13, 2016 in the Indian Diamond Institute (Indian Diamond Institute), about 400 people took part in it.
Welcoming the guests, Dinesh Nawada (Dinesh Navadiya), head of GJEPC department of Gujarat, said that the aim of the seminar is to provide proper guidance and informing members of the jewelry trade of the decision of the authorities of demonetization, as well as how it can be transformed into a new opportunities for the industry. According to him, it is very important to small traders, brokers, business owners have started to work in a legal format. Nawada said that work according to the new rules and to make payments through banks is much safer and more profitable than doing it disorganized. He added that the current situation is good, it brings security and new opportunities rather than a threat.
In his address to the audience Govindbhay dholak (Govindbhai Dholakiya), founder and chairman of Shree Ram Krishna Exports, argued that the progress and success can not be achieved, while in the comfort zone. He said that the current situation opens up new possibilities and should be treated with a positive attitude. He warned that unscrupulous dealers have no future, and asked the members of the industry to adopt best practices and to limit themselves outside the law, which will allow them to grow and succeed.
Explaining the financial specifics of the new law, Nirav Johann (Nirav Jogani), Deputy Chairman of RSM Astute Consulting, said that trade members must understand the structure of the tax on net income after all expenses and deductions, instead of the tax on turnover.
According to him, representatives of the jewelry industry need to understand and plan for such investment income and a way to pay the minimum amount of tax.
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Welcoming the guests, Dinesh Nawada (Dinesh Navadiya), head of GJEPC department of Gujarat, said that the aim of the seminar is to provide proper guidance and informing members of the jewelry trade of the decision of the authorities of demonetization, as well as how it can be transformed into a new opportunities for the industry. According to him, it is very important to small traders, brokers, business owners have started to work in a legal format. Nawada said that work according to the new rules and to make payments through banks is much safer and more profitable than doing it disorganized. He added that the current situation is good, it brings security and new opportunities rather than a threat.
In his address to the audience Govindbhay dholak (Govindbhai Dholakiya), founder and chairman of Shree Ram Krishna Exports, argued that the progress and success can not be achieved, while in the comfort zone. He said that the current situation opens up new possibilities and should be treated with a positive attitude. He warned that unscrupulous dealers have no future, and asked the members of the industry to adopt best practices and to limit themselves outside the law, which will allow them to grow and succeed.
Explaining the financial specifics of the new law, Nirav Johann (Nirav Jogani), Deputy Chairman of RSM Astute Consulting, said that trade members must understand the structure of the tax on net income after all expenses and deductions, instead of the tax on turnover.
According to him, representatives of the jewelry industry need to understand and plan for such investment income and a way to pay the minimum amount of tax.
https://del.icio.us/pearlsonline
Reduction of Swiss watch exports slowed in November, as deliveries in Hong Kong to avoid mass reduction was observed in the previous months.
Exports fell by 5.6% to $ 1.8 billion (1.86 billion Swiss francs) in the past month, which is the second lowest fall of the year and an improvement compared with a decline of 16% October. November 2016 added one more working day than the same month last year, which limited the decline in the explained in the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) .
Orders from Hong Kong decreased by 0.7% to $ 241.8 million (248.8 million Swiss francs), which is a much better indicator than in previous months. Exports to China rose by 8% in November.
Global exports of hours of precious metals fell by 15%, while deliveries of steel hours rose 5%, while gold and steel watches exported frequently by 3.7%.
Export hours price less than $ 194 (200 CHF) rose by 3% in terms of value. Watches category from $ 194 to $ 486 (500 Swiss francs) were delivered abroad less by 8.5%, while exports of hours in the range of $ 486 to $ 2,916 (3,000 Swiss francs) grew by 2.6%. Orders hours costing $ 2916 or more decreased by 7%.
Total exports of Swiss watches dropped by 10% in the first 11 months of this year, with exports to Hong Kong dropped by 26%.
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Exports fell by 5.6% to $ 1.8 billion (1.86 billion Swiss francs) in the past month, which is the second lowest fall of the year and an improvement compared with a decline of 16% October. November 2016 added one more working day than the same month last year, which limited the decline in the explained in the Federation of the Swiss Watch Industry (Federation of the Swiss Watch Industry) .
Orders from Hong Kong decreased by 0.7% to $ 241.8 million (248.8 million Swiss francs), which is a much better indicator than in previous months. Exports to China rose by 8% in November.
Global exports of hours of precious metals fell by 15%, while deliveries of steel hours rose 5%, while gold and steel watches exported frequently by 3.7%.
Export hours price less than $ 194 (200 CHF) rose by 3% in terms of value. Watches category from $ 194 to $ 486 (500 Swiss francs) were delivered abroad less by 8.5%, while exports of hours in the range of $ 486 to $ 2,916 (3,000 Swiss francs) grew by 2.6%. Orders hours costing $ 2916 or more decreased by 7%.
Total exports of Swiss watches dropped by 10% in the first 11 months of this year, with exports to Hong Kong dropped by 26%.
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Chinese conglomerate Gangtai Group recently acquired a 85% stake in the Italian jeweler Buccellati, media reported.
Buccellati was opened in Milan in 1919 by the master-jeweler Mario Buccellati, who also created a network of retail stores in various cities in Italy and abroad. His son Gianmaria Buccellati created a brand and expanding its presence exponentially across the globe.
In 2013, Clessidra, a private equity firm, has acquired a 67 percent stake in the Buccellati, while the Buccellati family retained a 33% stake. However, in May this year she Clessidra was acquired by Italmobiliare after the sudden death of the founder, Claudio Sposito. Under the agreement with Gangtai Group, Clessidra and Buccellati family will receive a 15% stake.
Gangtai Group through its subsidiary Gangsu Gangtai Holding Co. Ltd. He has extensive experience as an international distributor of gold jewelry in the leading online jewelry stores in China. It is reported that the sale will be completed in the second quarter of 2017.
Andrea Buccellati, Buccelatti creative director and honorary chairman, remains on this position as Gianluca Brozetti, the current CEO of the brand.
It is reported that Buccellati was valued at $ 282 million.
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Buccellati was opened in Milan in 1919 by the master-jeweler Mario Buccellati, who also created a network of retail stores in various cities in Italy and abroad. His son Gianmaria Buccellati created a brand and expanding its presence exponentially across the globe.
In 2013, Clessidra, a private equity firm, has acquired a 67 percent stake in the Buccellati, while the Buccellati family retained a 33% stake. However, in May this year she Clessidra was acquired by Italmobiliare after the sudden death of the founder, Claudio Sposito. Under the agreement with Gangtai Group, Clessidra and Buccellati family will receive a 15% stake.
Gangtai Group through its subsidiary Gangsu Gangtai Holding Co. Ltd. He has extensive experience as an international distributor of gold jewelry in the leading online jewelry stores in China. It is reported that the sale will be completed in the second quarter of 2017.
Andrea Buccellati, Buccelatti creative director and honorary chairman, remains on this position as Gianluca Brozetti, the current CEO of the brand.
It is reported that Buccellati was valued at $ 282 million.
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At a meeting in late December meeting of the Supervisory Board of ALROSA approved consolidated budget of the company for 2017, providing for a decrease of 10.3 billion rubles. and an increase in sales of the products in the US $ 108 million..
The following year, the company will reduce the long-term investments, the amount of gratuitous transactions, funds for exploration, as well as a number of other items of expenditure. It is also reported that the funds for the Association of Diamond Manufacturers (Diamond Producers Association) will be reserved.
. Plan to increase the sales of the main products in the $ 108 million the following year adopted against the background of very strong performance achieved by the company for 9 months of 2016 - Alrosa's revenue from diamond sales reached 255.563 billion rubles. Net income and net cash flow showed a threefold increase over the same period in 2015 and amounted to 116.9 billion rubles and 104.1 billion rubles, respectively.
ALROSA - the world's largest company in terms of diamond production, is engaged in the exploration, extraction, production and sale of diamonds. Production is carried out on the territory of the Republic of Sakha (Yakutia) and the Arkhangelsk region, where the company is developing 11 kimberlite pipes and alluvial deposits 16. In the first 9 months of 2016 diamond mining group Alrosa amounted to 27.9 million carats.
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The following year, the company will reduce the long-term investments, the amount of gratuitous transactions, funds for exploration, as well as a number of other items of expenditure. It is also reported that the funds for the Association of Diamond Manufacturers (Diamond Producers Association) will be reserved.
. Plan to increase the sales of the main products in the $ 108 million the following year adopted against the background of very strong performance achieved by the company for 9 months of 2016 - Alrosa's revenue from diamond sales reached 255.563 billion rubles. Net income and net cash flow showed a threefold increase over the same period in 2015 and amounted to 116.9 billion rubles and 104.1 billion rubles, respectively.
ALROSA - the world's largest company in terms of diamond production, is engaged in the exploration, extraction, production and sale of diamonds. Production is carried out on the territory of the Republic of Sakha (Yakutia) and the Arkhangelsk region, where the company is developing 11 kimberlite pipes and alluvial deposits 16. In the first 9 months of 2016 diamond mining group Alrosa amounted to 27.9 million carats.
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Russian Academy of Sciences in 2017 will begin a detailed study of prospective primary diamond deposits in northern Yakutia. This Tass Yakutsk said Academician, deputy chairman of the Russian Academy of Sciences, Director of the Institute of Geology and Mineralogy. V. S. Soboleva Nikolay Pokhilenko.
"We will continue to work to substantiate the prospects of finding a large indigenous diamond deposits in northern Yakutia, together with Rosgeologiya. It is necessary to carry out further detailed scientific work in this direction. There are about seven prospective sites. For these purposes, we calculated that three years - from 2017 to 2019 - must be 120 million rubles to 40 million rubles a year ", - he said.
Scientists have obtained new findings that show high promise of discovery in the north and north-eastern Yakutia large primary diamond deposits.
"Together with Australian colleagues, we reassess, 300 refined dating of zircon grains from the region ... it is fundamentally changing the potential of this area for the presence of indigenous diamond deposits", - he added.
According Pokhilenko, according to new findings in these areas can be opened the same field as the "Mir" pipe and "successful" in the Mirny region of Yakutia.
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"We will continue to work to substantiate the prospects of finding a large indigenous diamond deposits in northern Yakutia, together with Rosgeologiya. It is necessary to carry out further detailed scientific work in this direction. There are about seven prospective sites. For these purposes, we calculated that three years - from 2017 to 2019 - must be 120 million rubles to 40 million rubles a year ", - he said.
Scientists have obtained new findings that show high promise of discovery in the north and north-eastern Yakutia large primary diamond deposits.
"Together with Australian colleagues, we reassess, 300 refined dating of zircon grains from the region ... it is fundamentally changing the potential of this area for the presence of indigenous diamond deposits", - he added.
According Pokhilenko, according to new findings in these areas can be opened the same field as the "Mir" pipe and "successful" in the Mirny region of Yakutia.
http://www.feedlisting.com/rss-feed-url/898217.html
Zimbabwe's first lady Greys Mugabe allegedly involved in an unpleasant litigation Jamal Joseph Hamed, diamanters from the United Arab Emirates, for a diamond ring worth $ 1.35 million.
News Agency The Source alleges that, based on the submitted legal documents Hamed, Mrs Mugabe in April 2015 placed an order for a 10-carat diamond worth $ 1.35 million.
The payment was made in May 2016, but later she changed her mind before you take delivery of a stone.
"The second respondent (Mrs Mugabe) has placed an order for a diamond at my daughter in Dubai, in which she stated that her husband wants to buy her a stone on the anniversary of their wedding," - Hamed said under oath. He is suing with the first lady, her son and assistant due to the invasion of three belonging to him in the territory of Harare, which was committed in an attempt to force him to cancel the transaction.
"The transfer of the product was finally made in May 2016, and the diamond was handed to the consignee (Mrs. Mugabe) in Dubai is amazing, but the defendant refused to take delivery of a diamond and instead demanded the full return of funds in Dubai." - he said.
According to The Source, Hamed explained Mrs Mugabe that he bore the costs of search and faceted stone.
"Unfortunately, instead of having to refer to my lawyer offers to repay the debt to be included in the agreement or stone sale, the defendants began to terror and oppression, in which there were verbal threats and insults in my direction, as well as statements about that nothing I can do them, because they are actually a country called Zimbabwe ", - concluded Hamed.
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News Agency The Source alleges that, based on the submitted legal documents Hamed, Mrs Mugabe in April 2015 placed an order for a 10-carat diamond worth $ 1.35 million.
The payment was made in May 2016, but later she changed her mind before you take delivery of a stone.
"The second respondent (Mrs Mugabe) has placed an order for a diamond at my daughter in Dubai, in which she stated that her husband wants to buy her a stone on the anniversary of their wedding," - Hamed said under oath. He is suing with the first lady, her son and assistant due to the invasion of three belonging to him in the territory of Harare, which was committed in an attempt to force him to cancel the transaction.
"The transfer of the product was finally made in May 2016, and the diamond was handed to the consignee (Mrs. Mugabe) in Dubai is amazing, but the defendant refused to take delivery of a diamond and instead demanded the full return of funds in Dubai." - he said.
According to The Source, Hamed explained Mrs Mugabe that he bore the costs of search and faceted stone.
"Unfortunately, instead of having to refer to my lawyer offers to repay the debt to be included in the agreement or stone sale, the defendants began to terror and oppression, in which there were verbal threats and insults in my direction, as well as statements about that nothing I can do them, because they are actually a country called Zimbabwe ", - concluded Hamed.
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