The US State Department, the US Census Bureau and the US Department of the Kimberley Process (USKPA) formalized public-private partnerships as a means of strengthening the process by which US industry can get a confirmation of the state certification of the Kimberley Process for the export of rough diamonds from the United States, IDEX Online .
This system operates in the United States since the country's accession to the Kimberley Process Certification Scheme (KP) in 2003.
USKPA is a trade association formed in 2003 to manage the issuance of KP Certificates, and is headed by Dr. Martin Hohbaumom (Martin Hochbaum), former managing director of the Diamond Dealers Club of New York. USKPA Board of Directors consists of Dr. Hohbauma, Cecilia Gardner (Cecilia Gardner), the president and chief executive officer of the Committee for Supervision of the US jewelry industry (JVC), which is also a general consultant USKPA, and Mark Hershberg (Mark Gershberg), President of Gemological Laboratory Gemological Science International (New York-Mumbai).
As part of the US system USKPA licenses the individual companies and transport organizations for the purchase and use of KP certificates. Every company that has a license for the export of rough diamonds should make export information in automated system of the Bureau of Customs and Border Protection in electronic form.
The Licensee shall sign a license agreement, which obliges it to comply with the requirements on reporting on the use of each certificate CP US government agencies to confirm the receipt of batches of diamonds buyers abroad, and to provide security guarantees certificates during their tenure. Each licensee is subject to certification USKPA and the US government. The licensee must also certify that each party is fully consistent with the Clean Diamond Trade, Statute, which ensured the functioning of the KPCS in the United States.
Deputy Assistant Secretary of State Andrew Keller (Andrew Keller), said: "Since the establishment of the US Office of the Kimberley Process in 2003, the US Department USKPA and work in close cooperation for the functioning of the Kimberley Process and to strengthen control of trade in rough diamonds in the United States. Formalized public-private partnership between the US Department of State, the US Census Bureau and USKPA and signing a new Memorandum of Understanding, we look forward to continued cooperation and progress in the strengthening of our internal trading system. "
Assistant director of the US Census Bureau Economic Programs Nick Orsini (Nick Orsini) said: "The US Census Bureau expects to strengthen partnerships required to ensure continued relevance, quality and transparency of the rough diamond export statistics."
Dr. Hohbaum said: "The working mechanism, which was introduced in 2003, allows dealers here in the United States, to acquire and effectively use IP for the export of rough diamonds certificates in accordance with KPCS standards. Signing of the Memorandum of Understanding formalizes this partnership so that all parties are well represented their roles and responsibilities. We appreciate the support and cooperation of the State Department and the Census Bureau, which has always contributed to the fact that the export of rough diamonds from the United States comply with the rules. "
http://pearlsgift.blogspot.ca/
Wednesday, July 12, 2017
President of the World Diamond Council Andrey Polyakov believes that the acceleration of growth of diamond sales are not expected in the near future, as demand from China continues to decline.
Sales of diamonds used in jewelry, on a global scale will increase by 4% annually, at least until 2019, Polyakov said in an interview with Bloomberg News.
His assumption corresponds with the average annual growth ALROSA diamond sales over the past decade, according to the material. Poles is the Vice President of ALROSA.
"We are seeing steady growth," - said Polyakov on Wednesday (September 7) in an interview in New York, where the headquarters of the WDC, and which last week held its annual general meeting of the organization.
Decline in sales in China, due to the anti-corruption campaign, will be offset by strong demand from the US, Japan, India and middle class at the expense of Europe, where Chinese tourists support sales growth.
http://traditionpearlnecklace.blogspot.ca/
Sales of diamonds used in jewelry, on a global scale will increase by 4% annually, at least until 2019, Polyakov said in an interview with Bloomberg News.
His assumption corresponds with the average annual growth ALROSA diamond sales over the past decade, according to the material. Poles is the Vice President of ALROSA.
"We are seeing steady growth," - said Polyakov on Wednesday (September 7) in an interview in New York, where the headquarters of the WDC, and which last week held its annual general meeting of the organization.
Decline in sales in China, due to the anti-corruption campaign, will be offset by strong demand from the US, Japan, India and middle class at the expense of Europe, where Chinese tourists support sales growth.
http://traditionpearlnecklace.blogspot.ca/
Head of Zimbabwe Consolidated Diamond Company (ZCDC) Nyashanu Ridge (Ridge Nyashanu) may be dismissed due to the fact that diamond mining in Zimbabwe remains disappointingly low.
In the first six months of this year in Zimbabwe produced 972 765 carats of diamonds against the target of 6 million carats, said a government official.
Since March this year ZCDC is the only producer of diamonds in Marange (Marange), Zimbabwe.
Newsday reported that the state-owned company is currently looking for a new CEO to change the negative trend.
However, senior officials of the Ministry of Mines opposed the proposal.
"Nyashanu has the support of the minister, but the board decided to dismiss it is assumed that starting this week it will operate on the territory of the mine itself, to pave the way for other directors, but he still had not been fired." - said an unnamed source.
"The problem with ZCDC that was hired by many people, but they do not have the necessary knowledge and skills There is also too much interference in daily operations at the mine There is a disunity and lack of clarity as to how the company should work.." - he added .
With the company replaces the Chief Executive Officer for the third time ZCDC started in February this year.
http://bridalpearlnecklace.blogspot.ca/
In the first six months of this year in Zimbabwe produced 972 765 carats of diamonds against the target of 6 million carats, said a government official.
Since March this year ZCDC is the only producer of diamonds in Marange (Marange), Zimbabwe.
Newsday reported that the state-owned company is currently looking for a new CEO to change the negative trend.
However, senior officials of the Ministry of Mines opposed the proposal.
"Nyashanu has the support of the minister, but the board decided to dismiss it is assumed that starting this week it will operate on the territory of the mine itself, to pave the way for other directors, but he still had not been fired." - said an unnamed source.
"The problem with ZCDC that was hired by many people, but they do not have the necessary knowledge and skills There is also too much interference in daily operations at the mine There is a disunity and lack of clarity as to how the company should work.." - he added .
With the company replaces the Chief Executive Officer for the third time ZCDC started in February this year.
http://bridalpearlnecklace.blogspot.ca/
Venus Jewel, a leading Indian diamond manufacturer and renowned global provider of data stones, continues to educate and inspire its customers thanks to a new initiative "line call Venus" (Venus Online Challenge, VOC ), which he presented to the Asian market at the Hong Kong fair of precious stones and jewelry (Hong Kong Jewelry & Gem Fair) 2016.
"We have presented a" VOC "at the JCK Show in Las Vegas and Indian IIJS, and now show it on show in Hong Kong. This initiative is designed to support our mission to educate our customers on how to easily buy diamonds through our website www.venusjewel .com . this year we will attract the attention of buyers not only because of "VOC", but also the way we represent our stones. we invite all our current and future customers, stakeholders, the media partners to come and visit our booth at the Asia World Expo and to see everything with my own eyes "- said Raj w Shah (Rajesh Shah), a partner Venus Jewel.
Venus Jewel Mumbai produces more than 15% of the world gem quality diamonds larger than 1 carat purity from FL to VVS2 color from D to F. In addition, the company - first Indian manufacturer, who became a member of a certified responsible practice Council jewelry business (Responsible Jewellery Council, RJC), it also carries out direct deliveries from the world's largest diamond producers such as De Beers, Alrosa, Rio Tinto and Dominion diamond Corporation. As the official supplier of branded diamond brand Forevermark De Beers company programs Mine of Origin companies Rio Tinto and CanadaMark from Dominion, Venus Jewel helps its customers to purchase these branded diamonds under one roof.
https://pearlgiftjewelry.blogspot.ca/
"We have presented a" VOC "at the JCK Show in Las Vegas and Indian IIJS, and now show it on show in Hong Kong. This initiative is designed to support our mission to educate our customers on how to easily buy diamonds through our website www.venusjewel .com . this year we will attract the attention of buyers not only because of "VOC", but also the way we represent our stones. we invite all our current and future customers, stakeholders, the media partners to come and visit our booth at the Asia World Expo and to see everything with my own eyes "- said Raj w Shah (Rajesh Shah), a partner Venus Jewel.
Venus Jewel Mumbai produces more than 15% of the world gem quality diamonds larger than 1 carat purity from FL to VVS2 color from D to F. In addition, the company - first Indian manufacturer, who became a member of a certified responsible practice Council jewelry business (Responsible Jewellery Council, RJC), it also carries out direct deliveries from the world's largest diamond producers such as De Beers, Alrosa, Rio Tinto and Dominion diamond Corporation. As the official supplier of branded diamond brand Forevermark De Beers company programs Mine of Origin companies Rio Tinto and CanadaMark from Dominion, Venus Jewel helps its customers to purchase these branded diamonds under one roof.
https://pearlgiftjewelry.blogspot.ca/
In an interview Rambler News Andrey Zharkov, president of "ALROSA", answered a number of questions about the prospects of the Eurasian Diamond Center in Vladivostok, as well as the possibility of the development of diamond cutting industry in the region and on the results of privatization of the 10.9 per cent stake in ALROSA.
ALROSA and the Indian company KGK Diamonds in the framework of the WEF announced the creation of the project cutting and polishing companies, however, according to Zharkov, at the diamond company has other Indian partners, who have shown interest in this segment. However, "it is now important to realize a pilot project," he said.
At the same time, the prospects for cutting and polishing segment in Russia have deteriorated due to the cancellation of 6.5 per cent export tax on diamonds, "She (the duty) served as a kind of barrier that forced the miners to sell the stones are not abroad, but domestically Now this barrier is removed. - continues to hot -. I think today should focus on the development of compensatory mechanisms that will support the Russian diamond cutters otherwise, we will see a reduction processing in Russia. ".
According to him, at present the domestic market consumes rough diamonds from 10 to 15% annually, and when changes in the structure it may be reduced to 5%. In this case, the company will have to sell raw materials to other markets
Opening of Eurasian Diamond Center laid the foundation for the creation of a diamond cluster, which may include both cutting and polishing companies, enterprises for the manufacture of jewelry, and research laboratories. For example, he said Zharkov, ALROSA may begin production Alrosa Diamond Inspector instruments to identify synthetic diamonds, developed in conjunction with the Russian company "TISNCM".
According to Zharkov, the results of privatization 10.9 per cent stake in ALROSA has passed satisfactorily, "Those tasks that were, were carried out with the coordinated work of investment bankers, our work and the government.". The decision on the sale of an additional stake of 8% will be taken on the level of government and shareholders.
ALROSA, according to Zharkov, intends to double the volume of diamond sales in the Asia-Pacific countries.
"The potential of this market is huge, and is still used, in effect, only a small part of most big bets are now China, India, Japan and South Korea -. Said Zharkov -. Consumption of diamonds and diamonds in these countries is growing, and the competition for satisfying this demand is virtually absent. By 2018, the monthly sales volume in the Asia-Pacific countries could reach $ 14-16 million. "
This indicator the company plans to achieve within five years, concluded Zharkov.
http://royalpearljewelry.blogspot.ca/
ALROSA and the Indian company KGK Diamonds in the framework of the WEF announced the creation of the project cutting and polishing companies, however, according to Zharkov, at the diamond company has other Indian partners, who have shown interest in this segment. However, "it is now important to realize a pilot project," he said.
At the same time, the prospects for cutting and polishing segment in Russia have deteriorated due to the cancellation of 6.5 per cent export tax on diamonds, "She (the duty) served as a kind of barrier that forced the miners to sell the stones are not abroad, but domestically Now this barrier is removed. - continues to hot -. I think today should focus on the development of compensatory mechanisms that will support the Russian diamond cutters otherwise, we will see a reduction processing in Russia. ".
According to him, at present the domestic market consumes rough diamonds from 10 to 15% annually, and when changes in the structure it may be reduced to 5%. In this case, the company will have to sell raw materials to other markets
Opening of Eurasian Diamond Center laid the foundation for the creation of a diamond cluster, which may include both cutting and polishing companies, enterprises for the manufacture of jewelry, and research laboratories. For example, he said Zharkov, ALROSA may begin production Alrosa Diamond Inspector instruments to identify synthetic diamonds, developed in conjunction with the Russian company "TISNCM".
According to Zharkov, the results of privatization 10.9 per cent stake in ALROSA has passed satisfactorily, "Those tasks that were, were carried out with the coordinated work of investment bankers, our work and the government.". The decision on the sale of an additional stake of 8% will be taken on the level of government and shareholders.
ALROSA, according to Zharkov, intends to double the volume of diamond sales in the Asia-Pacific countries.
"The potential of this market is huge, and is still used, in effect, only a small part of most big bets are now China, India, Japan and South Korea -. Said Zharkov -. Consumption of diamonds and diamonds in these countries is growing, and the competition for satisfying this demand is virtually absent. By 2018, the monthly sales volume in the Asia-Pacific countries could reach $ 14-16 million. "
This indicator the company plans to achieve within five years, concluded Zharkov.
http://royalpearljewelry.blogspot.ca/
Tuesday, July 11, 2017
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 jewelery segment of the country in July 2016 amounted to $ 3.08 billion, which is 5% higher than a year ago to $ 2 , 99 billion.
Exports of gold jewelry (such as precious stones or without them) grew by 8% in the reporting period, to $ 531 million, versus $ 492 million in the same period last year.
Export of silver jewelry from India remained virtually unchanged, amounting in July $ 338.6 million versus $ 340.8 million a year earlier.
Exports of colored gemstones from India in July was $ 20.14 million versus $ 20.8 million in the same period last year.
In April and July 2016 (from the beginning of the tax period), total exports of India jewelry sector rose by 9.5% to $ 13.67 billion, compared with $ 12.5 billion in the same period a year earlier.
In the same period, exports of gold jewelry (such as precious stones or without them) grew by 18.7%, to $ 2.97 billion, and medallions and coins exports fell to $ 1.48 billion.
At the same time, exports of silver jewelry from India in April-July 2016 rose to $ 1.31 billion, while exports of colored gemstones fell by 7.5% to $ 120.72 million.
https://coub.com/pearl.necklace
Signet Jewelers, the world's largest specialty jewelry retailer, reported a drop in sales in the second quarter of 2017 fiscal year, which ended July 30, 2016, by 2.6%, to $ 1.4 billion.
The volume of same-store sales fell 2.3% . The decrease was mainly in countries producing energy, explained the company. Electronic sales rose 5.6% to $ 69.6 million, they accounted for 5.1% of total sales.
The company revised its financial forecasts for the next quarter and the 2017 fiscal year to account for this fall and current market trends.
Despite the disappointing overall results of the quarter, the head of the Signet Mark Layt said that on a number of fronts period was positive. Jewelry, bracelets and earrings sold well. Successful indicators were outlets and online sales. Integration with Zale (acquired in early 2014 for $ 1.4 billion) is progressing well, with good synergy - its score increased from $ 158 million to $ 175 million by the end of 2017 fiscal year, and $ 225 million to $ 250 million by the end of the next financial year.
Showing confidence in the future, the company for the II quarter repurchased from the market for about 4% of the shares. Foundation Leonard Green & Partners, one of the largest investors in retail, has agreed to acquire a package Signet shares, valued at $ 625 million.
Signet since the end of last year is a long term client of ALROSA.
https://coub.com/pearl.necklace
The volume of same-store sales fell 2.3% . The decrease was mainly in countries producing energy, explained the company. Electronic sales rose 5.6% to $ 69.6 million, they accounted for 5.1% of total sales.
The company revised its financial forecasts for the next quarter and the 2017 fiscal year to account for this fall and current market trends.
Despite the disappointing overall results of the quarter, the head of the Signet Mark Layt said that on a number of fronts period was positive. Jewelry, bracelets and earrings sold well. Successful indicators were outlets and online sales. Integration with Zale (acquired in early 2014 for $ 1.4 billion) is progressing well, with good synergy - its score increased from $ 158 million to $ 175 million by the end of 2017 fiscal year, and $ 225 million to $ 250 million by the end of the next financial year.
Showing confidence in the future, the company for the II quarter repurchased from the market for about 4% of the shares. Foundation Leonard Green & Partners, one of the largest investors in retail, has agreed to acquire a package Signet shares, valued at $ 625 million.
Signet since the end of last year is a long term client of ALROSA.
https://coub.com/pearl.necklace
The Indian diamond industry will soon begin to use technology blokcheyn (Blockchain) to enhance safety and prevent conflict diamonds entering the market, reports Times of India.
Kimberley Process Certification Scheme (KP), the global organization for the transparent diamond trade, is working on a pilot project that would use new technologies for the global monitoring of KP statistics. Such a step would ensure a constant supply of blood diamonds overlap of war-torn areas of the world market.
KP, which is chaired today the United Arab Emirates (UAE), announced an initiative blokcheyn as part of its mid-term report on the progress of the organization.
Blokcheyn regarded as one of the major technological innovations cryptocurrency the Bitcoin system, as it serves as proof of all transactions made on the Web. "Block" in the concept blokcheyn - its "current" part that records all or some of the latest monetary transactions. After completion it enters blokcheyn as part of a permanent database.
Blokcheyn is a list of transactions that take place in the P2P network. It allows users to share digital signature through a computer network without the need for a central processing system, with fake entries will not be possible.
India is the largest importer of rough diamonds worth $ 16 billion a year. While more than 80% of diamonds come into the country through the world's leading mining companies, including De Beers, Rio Tinto, ALROSA, etc., the rest is purchased on the secondary market in Dubai and Belgium.
Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) India is the governing body for the certification of the CP in the country. Speaking of technology, regional director of the GJEPC, Dinesh Nawada (Dinesh Navadiya) said: "The representation blokcheyn technology is a good step for KP chair We learn about the technology and its aspects at the upcoming plenary session of the KP in November, however, we want to once again support.. decision KP prevent blood diamonds to India. "
https://coub.com/pearl.necklace
Kimberley Process Certification Scheme (KP), the global organization for the transparent diamond trade, is working on a pilot project that would use new technologies for the global monitoring of KP statistics. Such a step would ensure a constant supply of blood diamonds overlap of war-torn areas of the world market.
KP, which is chaired today the United Arab Emirates (UAE), announced an initiative blokcheyn as part of its mid-term report on the progress of the organization.
Blokcheyn regarded as one of the major technological innovations cryptocurrency the Bitcoin system, as it serves as proof of all transactions made on the Web. "Block" in the concept blokcheyn - its "current" part that records all or some of the latest monetary transactions. After completion it enters blokcheyn as part of a permanent database.
Blokcheyn is a list of transactions that take place in the P2P network. It allows users to share digital signature through a computer network without the need for a central processing system, with fake entries will not be possible.
India is the largest importer of rough diamonds worth $ 16 billion a year. While more than 80% of diamonds come into the country through the world's leading mining companies, including De Beers, Rio Tinto, ALROSA, etc., the rest is purchased on the secondary market in Dubai and Belgium.
Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC) India is the governing body for the certification of the CP in the country. Speaking of technology, regional director of the GJEPC, Dinesh Nawada (Dinesh Navadiya) said: "The representation blokcheyn technology is a good step for KP chair We learn about the technology and its aspects at the upcoming plenary session of the KP in November, however, we want to once again support.. decision KP prevent blood diamonds to India. "
https://coub.com/pearl.necklace
In Yerevan, Armenia, there are about nine weeks, and the first of the special commission's report was published CIBJO, IDEX Online reported before the opening of the annual Congress of the World Jewelery Confederation CIBJO October 26, 2016.
The report was prepared by the Commission on Marketing and Education (Marketing & Education), which is headed by Jonathan Kendall (Jonathan Kendall). The report provides updated information on the Initiative measuring levels of greenhouse gases in the jewelry industry, which was launched in 2012 to help companies in the industry to understand and reduce their impact on the environment.
This year has been a success in terms of participation in the initiative of CIBJO members to measure the levels of greenhouse gases, said Kendall. To date, about 20 organizations fully measure their impact on carbon emissions and working on the measures necessary to ensure carbon neutrality. More than 40 organizations are also soon to join the initiative. They include traders, cutters, gemological laboratories, watch companies, manufacturers, wholesalers, retailers and brands.
"The CIBJO The initiative has been designed to be as simple as possible -., From planning to implementation, we are here to help, and we consider it very important to take the initiative on this issue before to develop and sell our wonderful products," - Kendall concluded.
https://coub.com/pearl.necklace
The report was prepared by the Commission on Marketing and Education (Marketing & Education), which is headed by Jonathan Kendall (Jonathan Kendall). The report provides updated information on the Initiative measuring levels of greenhouse gases in the jewelry industry, which was launched in 2012 to help companies in the industry to understand and reduce their impact on the environment.
This year has been a success in terms of participation in the initiative of CIBJO members to measure the levels of greenhouse gases, said Kendall. To date, about 20 organizations fully measure their impact on carbon emissions and working on the measures necessary to ensure carbon neutrality. More than 40 organizations are also soon to join the initiative. They include traders, cutters, gemological laboratories, watch companies, manufacturers, wholesalers, retailers and brands.
"The CIBJO The initiative has been designed to be as simple as possible -., From planning to implementation, we are here to help, and we consider it very important to take the initiative on this issue before to develop and sell our wonderful products," - Kendall concluded.
https://coub.com/pearl.necklace
Angolan Government, through belonging to him diamond mining company Endiama intends to formalize the requirements for semi-industrial and artisanal diamond mining in the country.
Director of Geology of Kitamba Luis (Luis Kitamba), as quoted by Macauhub, noted that new legislative initiatives will be taken at the request of the authorities of Lunda Norte province, who want to put an end to clashes with security forces in the diamond company mining concessions in the region.
He also noted that the new requirements will allow young people to participate in diamond mining and improve the process of issuing mining licenses artisanal diamond. In addition, the tax will be facilitated by the process.
As an added Kitamba, the new legislation will allow a better fight against illegal diamond mining and smuggling of precious stones.
However, he concluded, the Angolan Government has already approved the activity of 13 semi-diamond cooperatives.
https://coub.com/pearl.necklace
Director of Geology of Kitamba Luis (Luis Kitamba), as quoted by Macauhub, noted that new legislative initiatives will be taken at the request of the authorities of Lunda Norte province, who want to put an end to clashes with security forces in the diamond company mining concessions in the region.
He also noted that the new requirements will allow young people to participate in diamond mining and improve the process of issuing mining licenses artisanal diamond. In addition, the tax will be facilitated by the process.
As an added Kitamba, the new legislation will allow a better fight against illegal diamond mining and smuggling of precious stones.
However, he concluded, the Angolan Government has already approved the activity of 13 semi-diamond cooperatives.
https://coub.com/pearl.necklace
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