Renewed Calls for G7 Verification Point in India
Dec 4, 2024 · "The certification process is a matter of concern as we are the largest diamond manufacturer with over 90 per cent of the world's diamonds polished here," Gem & Jewellery Export Promotion Council (GJEPC) executive director Sabyasachi Ray told Times of India.
IDEX Polished Price Index: The First Increase of 2024
Dec 2, 2024 · The Index rose by 0.62 per cent in November, following on from a relatively modest d rop of 0.81 per cent the previous month.
Surge in Gold Prices Hits Luk Fook Revenue - idexonline.com
Nov 30, 2024 · Luk Fook said the sharp rise in gold prices - an increase of 23 per cent during the six months - affected consumer sentiment, resulting in a 24 per cent drop in the sales of gold and platinum products.Overall same stores sales were down 34 per cent.
IDEX Online Research
The IDEX Online Research materials are unique analysis articles that can’t be found anywhere else in the global diamond industry press. From the careful dissection of retailers’ financial results to the latest premiums and prices paid on DTC rough …
Ruby Mining Resumes after Deadly Invasion Attempt
3 days ago · (IDEX Online) - Work has resumed at the Montepuez ruby mine (MRM) in Mozambique, say owners Gemfields after two people were shot dead during an attempt to storm the deposit. The UK-based miner said on 2 January that the mine was again running at full capacity after an apparent return to calm. More ...
BHP Now Free to Bid Again for Anglo American
Dec 5, 2024 · (IDEX Online) - BHP, the world's biggest mining company, is again free to bid for Anglo American, owners of De Beers.
Diamond Index - IDEX Online
The Diamond Index and Diamond Drivers were formulated following comprehensive research and analysis of the IDEX inventory database, aggregated since February 2001. Research and development were conducted in cooperation with Dr. Avi Wohl, Senior Lecturer of Finance at the Faculty of Management, Tel ...
China Discovers "Supergiant" $83bn Gold Deposit
Dec 17, 2024 · (IDEX Online) - China has discovered one of the world's biggest gold deposits - estimated at over 1,000 tonnes, according to the state-run Xinhua news agency. It values the gold at $83bn, based on today's prices. The "supergiant gold deposit" is deep underground, below Pingjiang County, in the ...
Shutdown for 15,000 Diamond Workers after Boss Suffers Stroke
Dec 7, 2024 · (IDEX Online) - Maruti Impex, described as one of the world's biggest manufacturers of small natural diamonds, is halting operations, and has advised its 15,000 workers to seek employment elsewhere. The company's founder, Suresh Lakhani, aged 45, suffered a stroke three months ago and remains in a ...
Postal Warning over "Free Diamond Rings"
Dec 11, 2024 · (IDEX Online) - Residents in the US are being sent unsolicited "diamond rings" in what's known as a "brushing scam". They receive a red jewelry box in the mail containing what turns out to be a fake diamond ring, together with a QR code for them to "register" the item that they hadn't ordered. The ...