News in Special Topic
from Jewellery World Review Magazine HERE!
NEW
BARZAAR Strong
growth for diamond industry
De
Beers has reported that 2004 was a good year for the diamond industry.
It said that global retail sales of diamond jewellery for the year
as a whole were about 6% higher that the previous year, and because
of the continued weakening of the US dollar, about 8% higherin US
dollars. The Group reported headline earrings for the year ended
31 December 2004 were US$652 million, 11% higher than for 2003. "No
Dirty Gold" campaign Valentine's sales of gold jewelry
in the US will leave in their wake more than 34 million metric tons
of waste worldwide, according to estimates from Earthworks and Oxfam
America, leaders of a major consumer campaign aimed at changing
the way gold is produced and sold. The estimates are based on gold
sales in the first two weeks of February. The "No Dirty Gold"
campaign, which is celebrating its first anniversary, has targeted
gold sales because gold mining is arguably the dirtiest industry
in the world and most of the gold mined worldwide is used for jewelry. GFMS reveals analysis
GFMS Limited, a London based precious
metals consultancy, has released an analysis of the UK's gold jewellery
market. It has recently been reported, says GFMS, that gold is losing
its status and that the modern British jewellery lover is someone
who drapes their body with "worthless 9K gold." GFMS says
that these reports are too simplistic, and reflect a misunderstanding
of the market's structure and the profile of the typical consumer. CIBJO
President predicts growth
CIBJO President
Gaetano Cavalieri has predicted strong growth for the Russian jewellery
market. He was speaking recently at JUNWEX, the 13th International
Jewellery exhibition, in St.Petersburg Russia. Mr. Cavalieri attened
the show as a guest of Restec, the show organizer. New Hong Kong Show
World Trade Fair Limited has announced the first Hong Kong January International Jewelry & Watch show to be held January 17-20, 2006. GIA Communique
In an effort to meet worldwide demand
for its diamond grading reports and other laboratory services, the
Gemological Institute of America (GIA) is expanding both its US
East and West Coast laboratory locations. Construction has begun
at the headquarters in New York, and at the Institute's Carlsbad,
California locations. Construction has begun at the GIA headquarters
in New York, and at the Institute's Carlsbad, California location.
The GIA laboratory has increased its grading, gemological identification,
research, and support staffs to nearly 700 people ................................................................................................................................... BULLETIN Record
attendance at JIT 2005 The
16th International Jewellery Tokyo (IJT) 2005, held recently at
Tokyo Big Sight, exceeded all its expectations. With record visitor
and exhibitor attendance, this year was the most successful yet
Asia's first major jewellery trade show of the year. Istanbul International Jewelry The
Turkish jewelry industry is undergoing a very dynamic long-term
expansion, which will again be underlined at Istanbul 2005, the
20th International Jewelry, Silver, Watch and Equipment Fair. Security
The
following recent cases are all from the USA, and they amy prove
of interest to jewelry and gem professtionals worldwide. Futher
information is available from the Jeweler's Security Alliance www.jewelerssecurity.org. ................................................................................................................................... TALKABOUT New
Alloys in the Market For
the past 16 years, ABI has been conducting precious metal business
based in Carson. Califonia in the Los Angeles area. ABI has grown
over those years to become a major precious metals supplier to the
jewelry industry, domestically and worldwide. ................................................................................................................................... COLOURED STONE Coloured
gemstone industry concludes
The international Colored Gemstone Association, headquartered in New York City but operating additional "Gembureaus" from in Idar-Oberstein and Israel, is the nonprofit trade association that represents the international colored gemstone industry, a small but extremely important and influential segment of the jewelrybusiness. ICA boasts nearly 500 members, the greatest concentration of which is in the USA, Thailand and India; additional members are found throughout the world, from Europe to South America and from China to Africa.
Following
a tradition established in 1990, Christie's
recently organised an auction of important jewellery, gemstones
and wristwatches at the Palace Hotel in the famous ski resort of
St. Moritz. From the 476 lots offered, 360 were sold, resulting
in a total sale price of US$ 12,622,957. True
North Gems recovers
True
North Gems has announced the delivery of an impressive 1.17 carat,
extra-fine quality, cushion-cut sapphire gemstone recovered from
the 2004 minibulk sample that was collected at the Company's Beluga
sapphire deposit on Baffin Island, Nunavut, Canada. ICA
to establish a foothold
The
International Colored Gemstone Association (ICA) is about to make
a foray into the Chinese gem and jewelry consumer market, by establishing
an ICA trading foothold, as well as an ICA trade mark for colored
gemstones. Gemstones
are the color
Colored
gemstone jewelry is a catagory ripe for grownth, suggests a recent
consumer research survey conducted in January by The Jewelry Consumer
Opinion Council (JCOC). Ownership is already high and nearly 80%
of Consumers polled said they would consider colored stone fine
jewelry as a future gift or self-purchased item.
................................................................................................................................... AUCTION Christie's
Important Jewels Following
a tradition established in 1990, Christie's
recently organised an auction of important jewellery, gemstones
and wristwatches at the Palace Hotel in the famous ski resort of
St. Moritz. From the 476 lots offered, 360 were sold, resulting
in a total sale price of US$ 12,622,957. ...................................................................................................................................
