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Industry News

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.

 

AGS Conclave: Supporting artisanal gem miners

Miami--ICA member and former ICA vice president, Edward Boehm, G.G., C.G., presented “From Mine to Market” at AGS Conclave, sharing with the audience his experience and knowledge of ruby and spinel mines in Myanmar, Tanzania and other overseas gem-producing countries. There are 47 primary colored gemstone producing countries in the world, Boehm said, with 80 percent of all colored gemstones coming from artisanal small-scale mining operations. Ninety percent of these operations are located in developing and emerging countries, coming with unique problems and providing opportunities for industry assistance--safer working conditions, sustainability and others. “A lot of these opportunities will be coming up soon,” Boehm said. “The best way to help is indirect means--education, water, teaching environmental sustainability.”

 

India's Trade in Gemstones and Gold Jewelry Shows Increase

Mumbai - The Gem and Jewellery Export Promotion Council (GJEPC) announced the trade and industry performance for the financial year 2011-2012 today. The Indian gem and jewelry industry has witnessed a marginal decline of 0.36% in FY 2011-­2012 owing to the decrease in trading exports of diamonds. Colored gemstone exports witnessed an increase of 9.10% in dollar terms with sector recording growth from US$ 314.20 million in 2010-2011 to US$ 342.80 million in 2011-2012, while the sector was primarily driven by gold jewelry which registered an increase of 30% in FY '12. read more...

 
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