New Mining Charter South Africa Article by By Sam Mkokeli (Bloomberg) – South Africa will remove a clause from its Mining Charter that includes naturalised citizens in the group of people who should benefit from attempts to more evenly redistribute the country’s mineral wealth. Mineral Resources Minister Gwede Mantashe is in talks with companies, unions and mining communities on […]
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Cancellation of 2018 World Diamond Congress Antwerp, Belgium – May 10, 2018: It is with much regret that the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) announce that as a result of the weak response to registration for the 38th World Diamond Congress due to be held in Tel
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UAE VAT reversal The United Arab Emirates (UAE) has exempted trading in diamond, gold and precious metals from value-added tax (VAT), according to government gulf news. The UAE Federal Tax Authority’s move to roll back the 5 per cent value-added tax (UAE VAT) on gold and diamonds at the wholesale level will certainly revive the
PC Jeweller CEO Arrest India Balram Garg, Managing Director at PC Jeweller Limited, in an exclusive talk with Zee Business, informed that the stocks are falling because the Fidelity, which took 9.5 per cent stake of the company in past, has sold off certain percent of it. The Jeweller has denied reports that its CEO/
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Market value of diamonds today? Learn How to Calculate Diamond Prices.. The market value of diamonds or as an investment is of significant interest to the general public, because they are expensive gemstones, often purchased in engagement rings, due in part to a successful 20th century marketing campaign by De Beers. The difficulty of properly assessing the value of an
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Diamond Prices Stable Amid Slow April Trading RAPAPORT PRESS RELEASE, May 1, 2018, New York…The diamond market was seasonally quiet in April as dealers took vacation over the Passover and Easter holidays. Polished diamond prices were steady, with manufacturers protecting their profit margins against recent rough-price hikes. The RapNet Diamond Index (RAPI™) for 1-carat diamonds
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Bharat Diamond Week Opens With More Than 1,000 Visitors Attending Inaugural Show Mumbai, India – April 23, 2018: More than 1,000 visitors from India and across the world are taking part in the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, which opened today. The Bharat Diamond Week was officially opened
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ARTISANAL AND SMALL SCALE DIAMOND MINING AND TRADING April 19, 2018 De Beers Group today announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that
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CARAT+, The World’s Premier Diamond Event, is pleased to unveil further details about the CARAT+ Conference 2018 – a series of talks and seminars hosted by leading industry experts taking place at Antwerp Expo from May 6-8. This follows the recent announcement that GIA (Gemological Institute of America) Executive Vice President and Chief Laboratory and
Rough, polished diamond auctions in Hong Kong Moscow, March 16, 2018 – ALROSA has summed up the results of the rough and polished diamond auctions organized as part of Hong Kong International Diamond, Gem & Pearl Show held in Hong Kong from February 27 to March 3, 2018. The United Selling Organization (USO) ALROSA sold
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