Sunday, May 8, 2011

In Search of Diamond....

Dr Gurney's current focus is to better understand the processes by which natural diamonds form and to apply this knowledge to exploration for undiscovered primary diamond deposits. This is done by negotiating access to key research samples and designing projects for a team of researchers. This new information is interpreted and added to a comprehensive database that contains relevant information dating back to the 1960's.
At present the KRG consists of four researchers who are staff members, two post-doctoral appointments and ten post-graduate thesis students, three of whom are part-time. The group is cosmopolitan, drawing people from four continents and seven countries. Research projects are funded by means of annual grants from the National Research Foundation, the Department of Trade and Industry and from industry.

Friday, May 6, 2011

A model at Christie's auction house in Dubai

A model presents a Jahan diamond and emerald jewellery set at Christie's auction house in Dubai

DIAMONDS IN BANGLADESH – AN UNLIKELY INDUSTRY


A mention of Bangladesh is more likely to conjure up images of flood and famine than a rapidly developing economy, but the small southeast Asian nation – which boasts a population of over 170 million, 80% of whom are under 35 – is progressing rapidly as both a producer and a consumer. Five years ago, a visionary Bangladeshi decided the time was ripe to bring the diamond manufacturing industry to his country. On the opening day of the Kimberley Process plenary meeting, Mr. Onu Jaigirdar – Bangladesh's sole diamond manufacturer – spoke to the Israel Diamond Institute about falling in love with diamonds, Bangladeshis' growing taste for diamond jewelry, and why he employs women only.

"Diamonds are a pre-emerging industry in Bangladesh, suffering all the birth pains," Jaigirdar, Managing Director of Brilliant Hera, tells the IDI. "It's never been done."
While Bangladesh has a long tradition of jewelry-making, Jaigirdar explains, traditional taste has always preferred "very yellow" gold – 23 or 24 karat, unembellished with gemstones. Now, he says, thanks to a rapidly developing economy, many Bangladeshis have disposable income and an appetite for diamonds fueled by Western influence.
Jaigirdar, who left Bangladesh as an adolescent and until a few years ago worked in finance, discovered diamonds mostly by chance when he happened to meet a Belgian diamond dealer on a flight out of the country. A few weeks later, he found himself in Antwerp and contacted the man, who gave him a tour of one of the world's renowned diamond centers.
"He showed me a huge pile of polished diamonds, and I fell in love," Jaigirdar recalls. Also, the idea of making something – rather than providing financial services – tickled his imagination.
Jaigirdar then proceeded to found the first diamond manufacturing company in Bangladesh. His company, Brilliant Hera Ltd, has been operating for five years and now employs over 125 workers – all of whom are women. When asked why he preferred a policy of "positive discrimination" in a sector that has traditionally been very much a boys' club, he replies simply and to the point: "Women are more trustworthy, more reliable, and easier to do business with."
But who can train workers in a country with no traditional diamond industry? Jaigirdar chose to hire Belgian instructors, and says with pride that his company's cut – and therefore the cut of Bangladesh – is of the highest quality.
"We have proved that our population is capable of cutting diamonds and doing good work," he tells the IDI.
Who supplies the rough diamonds for Jaigirdar's people to polish? For now, he buys rough mainly from the Antwerp bourse, where he has business contacts, but is looking into buying rough diamonds direct from diamond producers.
Nor is Jaigirdar content with launching a brand-new industry in a country with no historical connection to diamonds. He has founded his own jewelry brand, called Jaigirdar. "The linkage seemed perfect," he observes.
Market response to his jewelry has been "keen," he says, with a great deal of repeat business and excellent word-of-mouth advertising

Tuesday, March 29, 2011

China May Replace India As The World’s Largest Diamond Processing Country

March 26, 2011

India is the world’s largest diamond processing countries, but the location that has lasted for many years is likely in the near future become history. Government’s preferential policies, a large number of skilled technical workers, as well as strong domestic demand, China, the world’s second largest diamond processing will likely become a replacement.
In Qingdao Jinghua Diamond a processing plant where more than 400 workers are busy with tensions have continued their clear division of labor, design, cutting, polishing, testing all kinds of size of the flash Jingjing of diamonds. Yan Li Jie one  of skilled workers told the China Daily reporter this year, the workers work overtime every day, the average daily grinding out 2,000 stars finished diamonds, exported to Belgium. Factory limited space has become more busy and noisy workshop early this year, 50 new tactics to make workers more than 2,000 square meters of workshop seemed increasingly crowded.
Here noisy scenes people completely unable to fire it with a word the world’s most linked to – the economic crisis.
Managing Director of Jinghua jewelry Zhu Xin-Wei, told the China Daily, how the economic crisis did not affect the Core Pacific’s business, the company this year, is planning to recruit 200 new workers, assigned to the company’s eight plants across the country, added to the existing three , 1000 workers were contingent.
Jinghua company is a leader in the diamond processing industry. “Despite the economic crisis and defeated a number of small businesses, but most Chinese diamond processing companies are still working well,” said Zhu Wei.
In contrast, the situation in India is an altogether different. It is reported that, due to shrinking global demand, a sharp decline in diamond exports in India since the end of last year more than 2,000 companies went bankrupt, nearly one million skilled workers jobless.
In 2004, China became the world’s second largest diamond processing country, second only to India, and since then, China’s rapid expansion of the diamond processing industry.
Global consulting firm KPMG recently released a report, by 2015, China’s share of the global diamond processing will rise to 21.3%, while India’s share of the decline from the current 57% to 49%.
But the domestic-related professions are more optimistic look at this prospect.
“The Chinese market is in a rapid upward trend, and three years later, China’s diamond processing will exceed India’s,” Y & M Jewelry Huangzhao Yong said the vice president, Marketing, Y & M Jewelry, Inc. is a relatively large size of the diamond processing companies.
Aiffany jewelry company’s general manager of Deng Weiguo agrees to this forecast, he said, “In China, the diamond processing industry is rapidly emerging. Three-year catch-up is not an issue.” Aiffany jewelry company is a medium-sized diamond processing enterprises.
Strong domestic demand in China also increased optimism the diamond processing industry. Gemmological Association of China, told China Daily reporter Wang Fang, China is now the world’s fourth largest diamond consumer, but demand is growing at the fastest pace.
In 2006, China abolished the import of rough diamonds value-added tax, while the taxation of polished diamonds from 17% to 4%, since then, China’s diamond trade has developed rapidly.
Shanghai Diamond Exchange data show that in 2007 China’s refined polished diamond exports surged to 147 million, an increase of 194%, in 2008 is expected to reach 900 million U.S. dollars.
China’s technology has also advanced more than India. “India’s diamond processing has a long history, but the quality is not good in China, but also much smaller scale,” Jinghua Jewelry Co., Ltd. skilled workers Yan Li Jie said. Yan Li-jie has 25 years of industry experience, but also to India several times to visit.
In recent years many overseas importers, taking into account the high level of China’s diamond processing industry, but also have come to China to purchase diamonds without Zaiqu India. Many Indian companies have also set up factories in China.
“What we need expertise not available in India,” Indian diamond company Jayam NV owner of Mihir Shah said that he now owns a diamond processing plant in Shandong.
However, China’s diamond processing industry’s growth path will not be too easy, because China’s labor costs are still higher than India’s more than that “in China’s processing cost of 1 carat diamond is 17 dollars, while in India costs only 10 dollars,” Aiffany company Deng Weiguo said.
In China, a total of more than 80 diamond-processing enterprises, mainly in Guangdong, Zhejiang and Shandong, the number of employees nearly 60000. In India, the diamond processing industry employing nearly more than a million people, distributed in tens of thousands of workshops in the country.

I am a professional blogger on promoting Bangladeshi Brands in world market. You are invited to visit my web page www.munshigi.com 

21% Discount at Diamond World

Diamond World announces 21% discount on the occasion
of 40th Independence day of Bangladesh. The discount offer
on 66 items will remain valid till 6th March-2011.
So, Hurry up!! Collect your desired  diamond today!!

Diamond World going to launch online shopping on 1st April

This is to inform all of our valued clients and well wisher that from 1st April onward you can shop online Diamond at www.diamondworldltd.com.  Our clients will get every details of their products in our website

We try our best to serve you in every way possible. Just log in and place your order from your place. Your product will be delivered within your desired time.

Dilip Kumar Agarwal
Managing Director
Diamond World Ltd.

Sunday, March 27, 2011

Shop online at Diamond World

This is to inform all of our valued clients and well wisher that from now on you can shop online Diamond at
www.diamondworldltd.com. We try our best to serve you in every way possible. Just log in and place your order from your place. Your product will be delivered within your desired time.

-Dilip Kumar Agarwal
Managing Director
Diamond World Ltd.