YANGON, Myanmar (AP) — Myanmar earned more than $2.8 billion from the sale of jade, gems and pearls at its annual gems auction this month, a report said Saturday.
The weekly Voice news magazine said 16,939 lots of jade, 206 lots of gems and 255 lots of pearls were sold through competitive bidding to fetch the record-high revenue. It said 8,719 local and foreign gem merchants took part in the 48th annual event, held in the capital, Naypyitaw, according to an official from the Union of Myanmar Federation of Commerce and Industry. read more...
As always ‘la crème de la crème’ of Hollywood's A-listers made impressive fashion and jewelry statements at the 83rd annual Academy Awards at the Kodak Theater in LA, on February 27. The jewelry and fashion styles displayed were invigorating, reassuring and positively colorful. Floor-length gowns and column dresses dominated, while short trains also seemed to be trendy. In terms of color trends, the palette was in dark hues, prominent with reds and plentiful with a shade of nudes. Metallic dresses added notable sparkle. Jewelry was mainly worn in contrast and lent pops of color to the gowns. Following a trend of the last few years, earrings and bracelets were more present than brooches and statement necklaces.
Green, as in emerald, was definitively the strongest color to take the stage on the red carpet this year. Among those featured were gorgeous emerald jewels worn by past and present nominees.
TanzaniteOne Limited said it has unearthed the third-largest high quality gemstone ever mined in the decade that it has been operating. The 12,100-carat tanzanite stone, weighing 2.42 kg, was discovered at the firm’s main tanzanite project in the Simanjiro district of Tanzania. It is believed to be the third-largest tanzanite ever found, and the stone is undergoing analysis, including colour and clarity grading. The stone is likely to be cut into smaller, but nonetheless large stones, at the firm’s own cutting facility at the TanzaniteOne mine site. read more...
Trends Shaping Jewelry Design
By Style Expert Michael O’Connor
Entire companies have been built around following celebrity trends. The reason is that what celebrities wear has a huge impact on what consumers want to buy and consequently, on what retailers want from manufacturers. Consumer purchasing, however, is not always a direct “like it – buy it” scenario and is contingent upon the consumer tailoring a favorite celebrity look to meet every day reality. As a fashion accessory, jewelry must walk the fine line between what consumers want, what is accessible and what fashion sets the stage for.
For generations, the fashion industry has spurred annual sales with seasonal introductions that become consumer “trends”. This “trending” was noted as early as the 1800’s when American author Henry David Thoreau said, “Every generation laughs at the old fashions but religiously follows the new”. We all follow fashion trends to some extent. The fact is that we have no real choice. No matter what we purchase, whether season’s late or on sale, is a result of fashion trends dictated by designer aesthetics, merchandiser’s needs, editor’s visions, publicist’s influence and celebrity style choices. Jewelry styles also trend, but in fashion’s footsteps. As an accessory, jewelry design is formed and framed by clothing lines, what materials are used and what colors, combinations and looks are fashionable.
After five and a half months one of the most interesting exhibitions held in the Harry Oppenheimer Diamond Museum has come to a close. It was the "And Thou Shalt Breathe Life into A Gem" (Curators Yehuda Kassif – Israel, Gaby Pauly – Germany), an exhibition that brought some of the finest gemstone carvings made in Idar Oberstein to the Israeli public.
The Harry Oppenheimer Diamond Museum in Ramat Gan had approached the Stiftung Deutsches Edelsteinmuseum in Idar Oberstein asking them to lend rare and special exhibits in order to organize a special exhibition of carvings, artifacts and jewelry that was produced by cutters there.
CIBJO is the international jewellery confederation of national trade organizations. CIBJO's purpose is to encourage harmonization, promote international cooperation in the jewellery industry and to consider issues which concern the trade worldwide. CIBJO's chief mission is to protect consumer confidence in the industry. Click here to go to the CIBJO website for more information
Milan, Italy, February 10, 2011 -- CIBJO, the World Jewellery Confederation has announced the details of a gemmological mini conference that will be held ahead of the 2011 CIBJO congress in Porto, Portugal. Following the success of "Ruby Day," which took place during the 2010 CIBJO Congress in Munich, Germany, "Emerald Day" represents the second gemmological mini conference in CIBJO Congress history.
London-based Intertek Testing Services has signed a Memorandum of Understanding with the government to build a US$10 million laboratory to test the quality of gemstones in Cambodia.
The centre, scheduled to be built in Phnom Penh next year, will test precious stones and jewelry products sold in Cambodia in order to standardise quality for trade.
The government hopes the centre will improve confidence over the quality of the Kingdom’s stones, after concerns were raised over by traders. read more...
YANGON Dec 7 (Reuters) - Gem traders in Myanmar, one of the world's biggest producers of precious stones, took in a record 1.08 billion euros ($1.44 billion) at a 13-day emporium last month, a government official said on Tuesday.
The fair in the capital, Naypyitaw, attracted some 6,700 traders, 4,000 of them from overseas, with 9,157 lots of jade, 273 lots of gems and 237 lots of pearls sold in auctions, said the official, who requested anonymity.
"These are the highest proceeds from a single sale of jade, gems and pearls since 1964," he told Reuters. read more...