Industry News

Christie’s Geneva Jewels set for Nov. 13

Geneva--Christie’s Geneva will hold a sale of Magnificent Jewels here on Nov. 13 and will offer 350 lots, including colorless and colored diamonds, Burmese rubies, Colombian emeralds, Kashmir sapphires, natural pearls and signed jewels. The auction is expected to realize approx. $53.6 million. read more...

This fancy pink diamond ring is expected to fetch $5 million at Christie’s sale of Magnificent Jewels in Geneva Nov. 13.


The first IU Awards ends with the grand presentation ceremony in Hong Kong

Hong Kong, October 4, 2012 – The IU Awards presentation ceremony was held at Hong Kong Convention and Exhibition Hall on September 21. Around 200 people gathered at the grand foyer to celebrate and appreciate the winning pieces.

IU Awards is the first international gem-cutting and jewelry design competition dedicated to promoting colored gemstones. “IU” stands for the initials of International Colored Gemstone Association (ICA) and UBM Asia. There are two categories in the IU Awards competition: jewellery design and gem-cutting.

This year, IU Awards received 221 entries from 25 countries and regions around the world. The final judging of the IU Awards was held on June 22 when eight awardees were selected.


IDI Re-elected Moti Ganz as Chairman

IDI made the announcement on Oct. 4 that Moti Ganz was re-elected as Chairman of the Israel Diamond Institute Group of Companies (IDI) by its Board of Directors.

“I am grateful to the Board of Directors for this vote of confidence, and promise to continue to act for the advancement of the Israeli Diamond Industry.” said Ganz.

Ganz also serves as President of the International Diamond Manufacturers Association (IDMA) and Honorary President of Israel Diamond Manufacturers Association (IsDMA).


AIGJMF Holds Fundraiser for Women Miners

A Total of USD 75,000 was collected at a fundraising event held at the end of the just concluded first Arusha International Gem, Jewelry and Minerals Fair (AIGJMF). The amount will be used to empower Tanzanian women to engage more in cutting, polishing and designing minerals extracted within the country. To start 15 Tanzanian women will benefit from the training programme, which will be tailored to enable them to become experts and trainers of other women wishing to join the gemstone polishing industry. read more...


Dubai airport traffic climbs by 15.4 percent

Dubai International Airport, the world’s fourth busiest hub for international passengers and freight, has continued its double-digit traffic growth for the third consecutive month according to Dubai Airports. Passenger traffic in March 2012 reached 4,848,320, an increase of 15.4 percent compared to 4,201,708 during the corresponding month in 2011. March is the third consecutive month for Dubai International with passenger numbers exceeding the 4.5 million mark, propelling traffic in the first quarter to 14,261,606, a surge of 16.1 per cent over the same period last year. read more...


GIA launches G&G iPad app

Carlsbad, Calif.--The Gemological Institute of America announced this week that its peer-reviewed publication Gems & Gemology (G&G) is now available on the iPad. The iPad G&G application is a complement to the print version of the quarterly research journal and contains enhanced digital content, including app-exclusive gem-related videos and interviews with industry experts. The spring 2012 issue of G&G is the first that will be available in iPad app form. It features articles and digital content on a recently discovered emerald deposit in northern Brazil and a review of the properties and durability of coated, colorless cubic zirconia. In addition, there is coverage of the Tucson gem shows and the results of the Edward J. Gübelin Most Valuable Article awards. read more...

It is available for free on iTunes.

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