> Fifth U.S. Store for De Beers Diamond Jewellers
De Beers Diamond Jewellers has opened a fifth U.S. store in Tysons Galleria. The Washington DC-area store opened on November 23. It measures 2,082 square feet and its décor features open spaces, ebony walls, etched glass paneling and a VIP room for private presentations. |
| (December 04, 2007 ) |
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> Opinion: Taking A Realistic Approach To Supply
An opinion article by Diamond Trading Company (DTC) Managing Director Varda Shine, on the eve of announcing the new Sightholder list. |
| (December 12, 2007) |
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> Investec Acquires Stake in African Diamonds
Botswana exploration and mining company African Diamonds announced that Investec has acquired more than 7.5 million of its shares at a price of £1-£1.15 per share.
(December 12, 2007) |
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> Mozambique Bans Precious Gems Trade
Mozambique has banned the trade of precious stones in the country, following the discovery that a large number of unregistered foreign buyers were purchasing the stones, according to the Independent Online. |
| (December 11, 2007) |
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> Petra Consortium Gets Closer to Completion of Cullinan Acquisition
Petra Diamonds Ltd. announced that the old order mining right for the Cullinan Mine, which it is acquiring from De Beers, has been converted into a new order mining right by the South African Department of Minerals and Energy (DME). This fulfills one of the conditions for the sale of Cullinan to the Petra Diamond Cullinan Consortium to be completed. |
| (December 10, 2007) |
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> IDEX Online Research: Major Jewelers Set for Modest Holiday Sales Gains
Jewelers are bracing for a tough holiday selling season. They have reined in inventory levels, and they have cut their sales forecasts from “cautiously optimistic” to merely “about even or up just a smidgeon from last year.” These conclusions are drawn from recent financial filings with the Securities & Exchange Commission, as well as from financial guidance provided to Wall Street securities analysts. |
(December 09, 2007) |
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> Sotheby’s Magnificent Jewels Auction Realizes $48.827 Million
Sotheby’s Magnificent Jewels auction concluded in New York Tuesday, selling 366 lots for $48.827 million. Of note is a pair of Harry Winston diamond pendant-earrings that sold for $3.961 million. |
(December 05, 2007) |
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> Dalumi Funds Children’s Village House in Botswana
Diamond and Jewelry manufacturer Dalumi has decided to adopt a village in southern Botswana, near the capital city of Gaborone, through a continuing donation to SOS Children’s Village. |
| (December 02, 2007) |
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> News from The SA Chamber of Business: Jewellery ATA Carnets are now accepted in Pakistan (01/10/2007) for two main categories of goods: goods for display or use at exhibitions, fairs, meetings or similar events".
Glennalee, SACCI,Tel: 011 4463836
> Help the Jewellery Council help you fight crime
The Jewellery Council is now playing an active role
in the circulation of crime information to assist jewellers.
Email all such information to admin@jewellery.org.za or fax: (011) 334-1933. Lorna & Ivona. |
Fax:(086) 508-5705
