Solitaire International - November 2018
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November 2018 issue Digital Access. 
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In this issue
One Voice The 38th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) that was hosted in Mumbai by the GJEPC, ended with a resolve to unitedly tackle pressing issues like finance, lab-grown diamond nomenclature, SMEs, generic diamond promotion and much more. At the conclusion, WFDB president Ernie Blom urged diamond exchange presidents and members to join hands to boost the global presence of the trade organisation. IDMA president Ronnie Vanderlinden, in a press note, expressed concern over the closure of diamond manufacturing units in smaller diamond centres like Armenia, Namibia, South Africa, Russia, Sri Lanka and Thailand. He also indicated that diamond manufacturing was dwindling in China, which is down from a peak of 40,000 cutters to less than 5,000. Echoing Blom’s sentiments, Vanderlinden, too, said that the time may have come for the diamond trade to unite under a single header and speak with a single voice on behalf of its members. For the Cover Story, US-based journalist Cynthia Unninayar travelled to Bogota, Colombia, for the Second World Emerald Symposium, which discussed the challenges facing the emerald industry along with talks on industrial mining, geology, gemmology, origin, treatments, new technologies, jewellery and more. Vivek Shah of Karma Designs, Ahmedabad, outlines jewellery trends for the coming year in Industry Insight, while Italy Trends showcases design directions from the recently concluded Vicenzaoro show.
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VOD Dubai International Jewellery Show: The Middle East's Mega Event
VOD Dubai International Jewellery Show made its successful debut as an industry-wide mega jewellery event in the Middle East. It is a consolidation of the trade-centric Vicenzaoro Dubai and the consumer-oriented Dubai International Jewellery Week. The November event was an all-encompassing experience with networking sessions, knowledge-sharing seminars and fashion shows.
GJEPC Welcomes King Philippe Of Belgium
The Gem & Jewellery Export Promotion Council (GJEPC) and the Antwerp World Diamond Centre (AWDC) hosted His Majesty King Philippe of Belgium at a round-table discussion in Mumbai on November 9th. The talks revolved around the contributions of the diamond industry to social and economic development.
Fura Gems To Focus On Undervalued Mines:Dev Shetty
DEV SHETTY, president and CEO of Fura Gems Inc., an up-and-coming gemstone mining firm that recently acquired the famed Coscuez emerald mine in Colombia, speaks to SOLITAIRE about plans for deploying modern technology to ramp up production. Fura Gems aims to set a new precedent for best practices in the gemstone sector as it goes about acquiring other undervalued assets.
A Tale Of Four Taxes
Industry analyst PRANAY NARVEKAR examines the direct and indirect tax structures in place in the four major midstream centres – Belgium, Israel, Dubai and India.
CIBJO Proposes KP-type Structure For Coloured Gemstones
The Confédération Internationale de la Bijouterie, Joaillerie, Orfèvrerie (World Jewellery Confederation), better known by its French acronym CIBJO, successfully concluded its annual Congress in Bangkok, Thailand. The three-day event, running from November 5th-7th, brought from around the world some 150 official delegates and a total about 300 participants, and covered a wide range of issues on the agenda of the international gemstone and jewellery industry. There was a strong focus on responsible sourcing, Corporate Social Responsibility and sustainability, particularly in the coloured gemstone sector. The event was preceded by the three days of pre-Congress steering committee meetings and the first World Ruby Forum.
De Beers Q3 Rough Output +46% To 9.17m ct
De Beers’ rough diamond production increased by 46% to 9.17 million carats in the third quarter that ended .September 30th 2017.
Dubai Diamond Conference Reflects On Industry's Future
The Dubai Diamond Exchange (DDE), a Dubai Multi Commodities Centre (DMCC) platform, organised the third edition of its biennial Dubai Diamond Conference (DDC) under the theme ‘Shaping the future of an interconnected marketplace’ on October 16th and 17th.
Encouraging Signs Of Demand Uptick At Gold/Italy 2017
The fifth edition of Gold/Italy, a show exclusively dedicated to Made in Italy jewellery, stood out for the high level of Italian manufacturing, the quality of international demand, and its exhibition format.
Saffronart's Jewellery Seminar Off To A Grand Start
Saffronart’s inaugural jewellery conference, The Timeless Legacy of Indian Jewels, that was held on October 6-7, 2017, in Mumbai,received an overwhelming response.
Jaipur Hosts ICA Congress
The International Colored Gemstone Association’s (ICA’s) biennial Congress held its 17th edition in the Pink City, from October 21st to 24th, the second time that India has hosted the ICA event since 2003.
