Wednesday, July 12, 2017
Restoration of the diamond trade in Belgium continued: exports and imports grew at an annual rate in the traditionally characterized by low activity of August, and on the diamond trade data was mixed.
According to the AWDC (Antwerp World Diamond Centre, AWDC) , rough exports jumped 23% to $ 530.6 million, and rough imports grew by 9%, to $ 659.2 million. Accordingly, net rough imports increased by 26% to $ 128.6 Mill.
Outgoing delivery diamonds increased by 17% to $ 398.6 million, and incoming orders fell 7% to $ 648.2 Mill. deficit pure diamond export was $ 249.6 million compared to $ 353 3 million a year ago, which means that the value of diamonds imported into the country has been more than exported.
By weight of diamond export decreased by 7% to 173 009 carats import fell to 4%, to 404 641 carats.
The balance of the Belgian diamond trade in August, which is the difference between total exports and imports of rough and polished diamonds, showed a deficit of $ 378.2 million, that is to say the importation of exportation was greater. A year ago, the deficit was $ 526.7 million.
The Belgian diamond trade has shown a drop in 2015: imports fell by 25% and exports by 27%, but this year, so far only observed the rise. Export of diamonds by value increased by 7%, to $ 8.4 billion in the first eight months of 2016, while the Diamond situation is worse, with an 8 percent drop in exports to $ 8.1 billion. Polished imports fell in January August by 10% to $ 7.95 billion.
the improvement of the market situation an increase in sales this year at the world's diamonds. De Beers reported an increase in sales of diamonds in the first half by 11% due to the increase in demand, while ALROSA's revenue soared by 42%.
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The Government of India intends to eradicate the trade in counterfeit colored gemstones and for this purpose will begin the process, similar to probing the gold to enhance the credibility of Indian Industry jewelry and gemstones.
Ministry of Commerce in conjunction with the accreditation of public services will be engaged in the creation of government gemological laboratories, certification that is recognized worldwide. Now in India there is no regulation for the testing and certification of colored gemstones, the volume of online retail jewelry products is growing.
The Ministry will discuss the creation of a separate accreditation center for precious stones, as in India, a host of private laboratories for certification of stones with diverse standards.
https://pearlgiftjewelry.blogspot.ca/
Ministry of Commerce in conjunction with the accreditation of public services will be engaged in the creation of government gemological laboratories, certification that is recognized worldwide. Now in India there is no regulation for the testing and certification of colored gemstones, the volume of online retail jewelry products is growing.
The Ministry will discuss the creation of a separate accreditation center for precious stones, as in India, a host of private laboratories for certification of stones with diverse standards.
https://pearlgiftjewelry.blogspot.ca/
Lucapa Diamond mined pink diamond weighing 38.6 carats in the alluvial area Lulo project (Lulo) in Angola.
Lucapa are, whose shares are traded on the Australian Stock Exchange AIM, and which leads to the production of Lulo, together with the Angolan state-owned diamond company Endiama and private group Rosas & Petalas, noted that the diamond is the largest of colored stones mined at Lulo. In size it is superior to the pink stone weighing 28.5 carats, which was implemented within the framework of the recent tender parcels of diamonds from the project.
In February this year the company also managed to find a particular diamond weighing 404 carats type IIa color D, sold then for $ 16 million.
At the same time, CEO Lucapa Steven Vezeroll (Stephen Wetherall) said at a conference in the Australian Perth, the company is considering the possibility of placement of shares on the London Stock Exchange AIM, and plans to get more licenses for projects in Africa.
In addition, as stated Vezeroll, Lucapa are plans to increase its stake in the project to 40% Lulo.
http://royalpearljewelry.blogspot.ca/
Lucapa are, whose shares are traded on the Australian Stock Exchange AIM, and which leads to the production of Lulo, together with the Angolan state-owned diamond company Endiama and private group Rosas & Petalas, noted that the diamond is the largest of colored stones mined at Lulo. In size it is superior to the pink stone weighing 28.5 carats, which was implemented within the framework of the recent tender parcels of diamonds from the project.
In February this year the company also managed to find a particular diamond weighing 404 carats type IIa color D, sold then for $ 16 million.
At the same time, CEO Lucapa Steven Vezeroll (Stephen Wetherall) said at a conference in the Australian Perth, the company is considering the possibility of placement of shares on the London Stock Exchange AIM, and plans to get more licenses for projects in Africa.
In addition, as stated Vezeroll, Lucapa are plans to increase its stake in the project to 40% Lulo.
http://royalpearljewelry.blogspot.ca/
De Beers has denied any involvement in the buying or selling diamonds illegally mined in South Africa.
As noted by Tom Tweedy (Tom Tweedy), representative of De Beers, it would be a violation of the provisions of the Kimberley Process (KP).
"The illicit trade in diamonds is a serious problem, and we would like to know who makes these deals," - quoted him as saying IOL.
"Extraction of diamonds is not on De Beers territories, and any company that meets the KP requirements, does not want to have anything to do with the illegal activity of this kind. No one can get without the necessary permits, and the Department of Mineral Resources (Department of Mineral Resources, DMR ) South Africa agrees, "- added to the company.
An unnamed illegal diamond miner noted that it prefers to sell its diamonds De Beers, which "pays better."
"If I find something, I have a number where I can call, and the person with the documents come with me to the meeting, but I still prefer to sell (diamonds) De Beers, because they pay better." - says prospector in an interview with IOL.
"The police come and speak to us from time to time, but until then, until they find you in possession of stolen copper, they leave us alone. De Beers also do not mind what we do, until we come into their territory "- he adds.
Hundreds of miners started their own operations for extraction of diamonds outside the Kimberley region in September 2014 after they were expelled from the neighborhood with De Beers mining site project.
http://pearlsgift.blogspot.ca/
As noted by Tom Tweedy (Tom Tweedy), representative of De Beers, it would be a violation of the provisions of the Kimberley Process (KP).
"The illicit trade in diamonds is a serious problem, and we would like to know who makes these deals," - quoted him as saying IOL.
"Extraction of diamonds is not on De Beers territories, and any company that meets the KP requirements, does not want to have anything to do with the illegal activity of this kind. No one can get without the necessary permits, and the Department of Mineral Resources (Department of Mineral Resources, DMR ) South Africa agrees, "- added to the company.
An unnamed illegal diamond miner noted that it prefers to sell its diamonds De Beers, which "pays better."
"If I find something, I have a number where I can call, and the person with the documents come with me to the meeting, but I still prefer to sell (diamonds) De Beers, because they pay better." - says prospector in an interview with IOL.
"The police come and speak to us from time to time, but until then, until they find you in possession of stolen copper, they leave us alone. De Beers also do not mind what we do, until we come into their territory "- he adds.
Hundreds of miners started their own operations for extraction of diamonds outside the Kimberley region in September 2014 after they were expelled from the neighborhood with De Beers mining site project.
http://pearlsgift.blogspot.ca/
Morgan Stanley Bank analysts see "two thousandth generation" (those who met the new millennium teenagers or young people) as both a threat and new opportunities for the diamond industry. Threat, because young people today, unlike previous generations, has not undergone massive advertising in support of natural diamonds, and therefore has a relatively low susceptibility to acquiring them. At the same time in this generation have other priorities - that's why they close the production of diamonds in the laboratory, which in their eyes is associated with a low degree of negative impact on the environment.
Morgan Stanley report predicts good prospects for the industry of synthetic diamonds, which is beginning to turn out "track record", according to its authors, "can help to attract bank financing to the sector, which is still dominated by equity financing.
According to the company Madestones, development of new technologies, lower cost advantages and the growth of the customer base will contribute in the coming years, the expansion of investment opportunities for manufacturers of artificially grown diamonds.
http://bridalpearlnecklace.blogspot.ca/
Morgan Stanley report predicts good prospects for the industry of synthetic diamonds, which is beginning to turn out "track record", according to its authors, "can help to attract bank financing to the sector, which is still dominated by equity financing.
According to the company Madestones, development of new technologies, lower cost advantages and the growth of the customer base will contribute in the coming years, the expansion of investment opportunities for manufacturers of artificially grown diamonds.
http://bridalpearlnecklace.blogspot.ca/
"ALROSA", the world's largest diamond mining, exploring the possibility of creating its own production of synthetic stones. This was told "Izvestia" the vice-president of "Alrosa" Rinat Gizatulin. Analysts doubt that domestic production of synthetic stones will be interesting to the company as an independent business: diamond production gives the company a high profitability and "exchanged" with artificial stones on an industrial scale "ALROSA" makes no sense.
According to the vice-president of "ALROSA", within the next year the company plans to formulate their next steps on the market of artificial stones and offer options for the approval of its shareholders. While the project is only being discussed, so the amount of possible investment and production is difficult to call.
"Before you engage in the production of synthetic gemstones, we need to understand himself in the prospects of this business and explain to shareholders the need to work in this direction", - said Gizatulin.
The company has not yet decided if it will develop a new direction on their own or in a joint venture with one of the existing Russian producers. Now in Russia there are at least three producers of synthetic stones - in St. Petersburg, Moscow and Novosibirsk.
According Rinat Gizatulina, to date, "Alrosa" has already created a think tank that monitors and analyzes the situation in this market. The company monitors the state of affairs in the market of synthetic stones to be able to respond to possible threats to the diamond industry, which may arise with the development of technology.
"For us the main thing - a clear distinction between diamonds and synthetics. Any of our stone, which was created by nature millions of years ago, is unique. With this experience observing the synthetics is only 10 years, and we do not know what will happen with these stones in the future ", - says Gizatulin.
However, analysts doubt that "ALROSA" will be interesting to our own production of synthetic stones as an independent business.
https://pearlgiftjewelry.blogspot.ca/
According to the vice-president of "ALROSA", within the next year the company plans to formulate their next steps on the market of artificial stones and offer options for the approval of its shareholders. While the project is only being discussed, so the amount of possible investment and production is difficult to call.
"Before you engage in the production of synthetic gemstones, we need to understand himself in the prospects of this business and explain to shareholders the need to work in this direction", - said Gizatulin.
The company has not yet decided if it will develop a new direction on their own or in a joint venture with one of the existing Russian producers. Now in Russia there are at least three producers of synthetic stones - in St. Petersburg, Moscow and Novosibirsk.
According Rinat Gizatulina, to date, "Alrosa" has already created a think tank that monitors and analyzes the situation in this market. The company monitors the state of affairs in the market of synthetic stones to be able to respond to possible threats to the diamond industry, which may arise with the development of technology.
"For us the main thing - a clear distinction between diamonds and synthetics. Any of our stone, which was created by nature millions of years ago, is unique. With this experience observing the synthetics is only 10 years, and we do not know what will happen with these stones in the future ", - says Gizatulin.
However, analysts doubt that "ALROSA" will be interesting to our own production of synthetic stones as an independent business.
https://pearlgiftjewelry.blogspot.ca/
The Rockwell Diamonds reported that CEO Dzheyms Kempbell (James Campbell) resigned from his post, and Steven Dietrich (Stephen Dietrich) and Menelaus Rick (Rick Menell) also submitted his resignation.
Campbell agreed to a gradual transfer of its powers before the final departure from his post at the end of November 2016.
However, he will continue to enter the company's board of directors and will work with the new CEO Tyartom Willems (Tjaart Willemse).
"The Board of Directors August 28, 2016, at its special meeting made a strategic decision", - the statement says Rockwell.
"The purpose of the meeting was to assess the current position in the Rockwell diamond industry, as well as the effectiveness of strategies that have been adopted in the past now," - added to the company.
The company conducted a re-evaluation of the effectiveness Remhugte (Remhoogte) acquired the project, which was lower than planned, as well as reviewed the construction of a new processing plant in the Vouterspen (Wouterspan), which is also behind the plan and exceed the planned budget.
"In spite of this, the first phase of the processing facility at Vouterspen consisting of two (out of a total of four) loops, largely completed, and the content of the diamond meets the expectations of the company", - stated in the Rockwell.
http://royalpearljewelry.blogspot.ca/
Campbell agreed to a gradual transfer of its powers before the final departure from his post at the end of November 2016.
However, he will continue to enter the company's board of directors and will work with the new CEO Tyartom Willems (Tjaart Willemse).
"The Board of Directors August 28, 2016, at its special meeting made a strategic decision", - the statement says Rockwell.
"The purpose of the meeting was to assess the current position in the Rockwell diamond industry, as well as the effectiveness of strategies that have been adopted in the past now," - added to the company.
The company conducted a re-evaluation of the effectiveness Remhugte (Remhoogte) acquired the project, which was lower than planned, as well as reviewed the construction of a new processing plant in the Vouterspen (Wouterspan), which is also behind the plan and exceed the planned budget.
"In spite of this, the first phase of the processing facility at Vouterspen consisting of two (out of a total of four) loops, largely completed, and the content of the diamond meets the expectations of the company", - stated in the Rockwell.
http://royalpearljewelry.blogspot.ca/
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/
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/
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/
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