New York Diamonds articles from November 2005

New York Diamonds archives from November 2005

Message from the publisher.
November 1, 2005... Dear readers, Over the coming half century, Business Week declared, India and China wilt come to wear a mantle that since the mid-19th century has been the exclusive property of the United States, and that is the title of economic...

GIA names Tom Moses lab head following review.(Trade Notes)
November 1, 2005... Following an in-depth review of the policies and practices currently in place at the GIA Gem Trade Laboratory, initiated by a law suit filed in the spring of 2005 by Max Pincione, which named GIA as one of four defendants, the organization...

Varda shine named DTC managing director.(Trade Notes)
November 1, 2005... The De Beers Group has announced a number of senior appointments, among the most prominent that of Varda Shine, who has been promoted from the post of sales director of the Diamond Trading Company to DTC managing director, when Gareth Penny...

GIA adds names to 'legion of honor'.(Trade Notes)
November 1, 2005... A stellar crowd gathered at the Waldorf-Astoria in New York for the annual GIA tribute to its most generous supporters. Among those honored was Avi Nathanel of the Fancy Collection. Nathanel said "It is important to be involved with GIA since...

Jewelry trade struggles with hurricane after-effects: jewelers who have made it intact through the storms are determined to stay in place, and some are upbeat about the future. But there is a lot of fear that the population displacement may be permanent.(In Focus)
November 1, 2005... The combined impact of Hurricanes Katrina and Rita in August and September generated what was arguably the worst natural disaster in the history of the United States. As of mid-October, no final official death toll or cumulative economic...

250 exhibitors show their stuff at diamonds by JCK: the 2005 loose gemstone show in New York was larger than the premiere event in 2004, and this time also featured colored stones.(The Industry)
November 1, 2005... The second annual Diamonds by JCK show, held October 9-11 on New York City's Pier 94, showed remarkable change from the first outing. The much expanded show--with more than 250 exhibitors--gave buyers a tremendous variety of goods to see. In...

China: roaring, but still a lion cub: in 2004, China ranked second to the United States in terms of consumption of jewelry, with annual sales of more than $12.4 billion.(EMERGING MARKETS)(Cover Story)
November 1, 2005... It's almost too good to be true: a nation so large it sprawls across five time zones, has 1.3 billion people and an economy that is hungry for goods, including luxury items. Its vast land area borders Vietnam, Laos, Burma and India in the...

India's home-grown market becoming a powerhouse: with its 1.1 billion strong population, demographics are certainly driving the growth of the diamond jewelry market in India. Between 300 million and 400 million couples will get married over the coming 20 years, making bridal jewelry a top priority.(Cover Story)
November 1, 2005... Diamonds in India have historically been associated with the fabulous wealth of princes and maharajas, yet the vast Indian public also has a strong tradition of jewelry craft and jewelry giving. Gold has always enjoyed enormous popularity in...

India's Diamond Industry: no ceiling in sight.(EMERGING MARKETS)(Cover Story)
November 1, 2005... 'We estimate a $12.5 billion a year value in the world's rough diamonds--150 million carats. About 10 percent of the rough is going to China, Antwerp is getting 5 percent, New York and South Africa combined about 15 percent, and Israel 15...

Rapaport Diamond Conference takes a global view: the world was in focus at the 2005 Rapaport Diamond Conference as speakers pointed out the global and integrated business that the diamond industry has become.(The Industry)(Company Profile)
November 1, 2005... Speakers at the third annual Rapaport Diamond Conference, September 19, 2005, grappled with many of the issues confronting the diamond industry today. Emerging as the overriding theme is the interconnectedness of these issues. When an action...

International Gemmological Institute celebrates 30 years since founding: employing 450 professionals in a global network of gem labs, IGI is reported to issue more grading reports than any other gemological institute, and is said to hold a one-third share of the lucrative U.S. market.(Gemology)(Company Profile)
November 1, 2005... It is a remarkable success story. Founded in Antwerp 30 years ago as the first Belgian diamond grading lab, the International Gemmological Institute (IGI) grew from a small family run laboratory with a staff of three into an international...

Tanzanite producers join with Africa calling for more beneficiation: for Tanzania, a great deal is riding on the success or failure of its tanzanite sector. Indeed, it is rare that so small a deposit has achieved so significant an opportunity.(Colored Gemstone)
November 1, 2005... Tanzanite, the icy blue colored gemstone that originally was catapulted into fame by Tiffany's has had an up and down history in recent years. In fact, tanzanite has long boasted a quirky past. Legend has it that, after the famed New York...

DDC stages first diamond expo.(DDC Facets)
November 1, 2005... The trading floor of the New York Diamond Dealers Club was the setting for a two-day Diamond Expo on September 18 and 19. According to Sylvain Ringer, DDC secretary, "The idea was to invite the 850 e-trade members of the Club to meet with...

DDC elects new board members.(DDC Facets)
November 1, 2005... The New York DDC has elected six Club members to serve two-year terms on the Board of Directors. The new members are: Ray Perlman, Basant Johari, Abraham Einhorn, Gary Dimenstein, Meilech Fastag and Joseph Khafi. Two board members, Jacob...