[Wedding Pearl Jewelry | Bridal Pearl Necklace] 4/15/2018 09:41:00 AM

[Blogger]

The De Beers Group has changed the distribution system for rough diamonds, which is carried out by its Global Sightholder Sales Unit (GSS) for the next contract period from March 2015 to March 2018.
The company's message to Rough & Polished via e-mail says that the distribution model now uses a new method of determining the GSS customer base according to a new simplified process of qualifying customers based on their compliance with De Beers requirements and their demand for rough diamonds. In addition, the company will change its sales approach to more flexible, so that non-sightholder firms can also purchase rough diamonds through GSS.
"The sightholder system has been the foundation of our sales model for many decades and will remain so in the new contract period," said De Beers CEO Philippe Mellier. "However, the changes that we are going to introduce give more flexibility when acquiring the De Beers product. They will allow companies that demonstrate high demand for our rough diamonds to buy it on a fixed-term contract as sightholders; we also offer diamond companies that are not sightholders to demonstrate their demand for De Beers diamonds.

--
Posted By Blogger to Wedding Pearl Jewelry | Bridal Pearl Necklace at 4/15/2018 09:41:00 AM

[Blogger]

The Indian trade balance deficit (CAD) can be controlled, thanks to the drop in gold imports by 62% to 127 tons over the period from April to June compared to the previous quarter of the fiscal year.
In fact, the increase in gold imports in June caused a sharp increase in the trade balance deficit to a record level for 11 months, and the uncertain pressure on world oil prices exerted additional pressure on the trade balance. India's trade deficit last month soared to $ 11.76 billion, a record high since July 2013.

[Blogger]

From 26 to 28 August in the Tokyo Big Sight Exhibition Center will be held the Japan Jewelery Fair 2014, organized by UBM Japan Ltd. and the Japan Jewelery Association.
It is expected that more than 420 exhibitors from 18 countries and regions will take part in the fair, and the number of visitors to Japan Jewelery Fair will exceed 15,000, Rapaport reports.
Within the framework of the jewelry exhibition, the 50th anniversary of the Japan Jewelery Designers Association will be celebrated, the members of which will for the first time organize a separate pavilion. According to UBM, products of Japanese pearls are very popular at the exhibition, and this year a new trend was the restyling of jewelry.
At the Japanese jewelry fair, a wedding jewelry section will be organized, in which exclusive collections will be presented, as well as an annual jewelry design competition.

[Blogger]

According to some reports, the Government of Zimbabwe has imposed a ban on the export of rough diamonds in order to ensure the state's maximum revenue from mining precious stones.
NewsDay quoted the statement of the mining minister Walter Chidhakwa that the issue was widely condemned, and the Cabinet came to a consensus and decided that it was necessary to introduce a new program for the development of the industry.
Chidakva said that the authorities recognize the export of raw diamonds from the country as "irrational and unacceptable".
"What are we doing with our diamonds? We can not continue to export raw materials, as this is irrational and does not ensure economic development, "the minister said. "We need to develop and implement large-scale programs to ensure the creation of value-added, including cutting and polishing diamonds and making jewelry."
Despite these reports, a diamond auction is currently taking place at the Dubai Diamond Exchange (DDE), to which Zimbabwe has put up about 1 million carats of diamonds. This is the fourth open sale of diamonds mined in Zimbabwe since December 2013.
Chidakva said that over the past two months, negotiations are under way with potential investors who want to access Zimbabwe's diamonds in order to encourage the development of polished diamonds.
"India has grown a whole city that processes Zimbabwe diamonds, and we, being the direct source of diamonds, can not boast of anything in the context of creating added value."