November Hong Kong International Jewelry Manufacturers' Show 2014

Date : 27 – 30 November, 2014
Hong Kong Convention and Exhibition Centre

The Hong Kong International Jewelry Manufacturers’ Show (HKIJMS) is organized by Hong Kong Jewelry Manufacturers’ Association (HKJMA). First held with only tens of exhibitors at the HKJMA office, the show has expanded into a sizeable international exhibition and well established over the last 20 years. The show serves as a sourcing and an immediate sale platform for buyers to source best valued quality jewelry under one roof.
Official website of the show: http://www.jewelryshows.org

Singapore Jewellery Show 2014

Date: 23rd – 26th October 2014
Venue: Marina Bay Sands, Singapore

Introduce your jewellery and gem business to a large, captive pool of eager buyers and decision makers that represent the cream of your target audience in the South-East Asia Region (ASEAN). The Singapore Jewellery & Gem Fair boasts a stellar roster of exhibitors, who feature a wide range of precious jewellery and gemstones from all over the world.

The show is  supported by the leading Jewellery organizations of Singapore, the  Singapore Jewellers Association, Diamond Exchange of Singapore and their associated company, Singapore International Jewellery Pte Ltd.

This 4-day premiere international jewellery show will be showcasing over 300 eminent fine jewellery companies from over 28 countries across the globe.

Be enthralled with our lustre display of finest jewellery – from prized diamond to pearl, precious stone, gem, rare and exquisite jewellery piece, exceptional timepiece and other celebrated collectible

September Hong Kong Jewellery & Gem Fair 2014

15-19 September 2014 - Asia World-Expo Hong Kong

The September Hong Kong Jewellery & Gem Fair, organised by UBM Asia, is the most important jewellery marketplace that every serious jeweller and connoisseur cannot afford to miss. Since its launch in 1983, this glittering jewellery event attracts over 52,000 buyers from around the world each year converge on Hong Kong to source a diverse a wide variety of over 3,600 exhibitors from 48 countries and regions that display a wide variety of fine jewellery, pearls, diamonds, gemstones, equipment and services.

Zimbabwe could tax mining sector to fund July elections

Zimbabwe could introduce new taxes on its mining sector to help fund July elections instead of borrowing on the debt markets, Finance Minister TendaiBiti said on Wednesday. 

Zimbabwe, which is on the verge of bankruptcy, withdrew a request for UN election funding last week, saying the UN had tried to “interfere” in security matters and the media.

“The fact of the matter is that Zimbabwe does not have the resources for funding the election,” Biti said in a speech in London.

The UN loan agreement, thought to be worth $132-million, would have helped fund a viable election for a country that has suffered contested and bloody elections in recent years.

On April 15, Biti said South Africa would offer Zimbabwe a $100-million loan as an alternative, though a treasury spokeswoman said the two governments were only “engaged in ongoing discussions.”

Biti, an ally of Prime Minister Morgan Tsvangarai, who forged an uneasy power-sharing deal with President Robert Mugabe in 2008 after bloody and disputed elections, said he was “not keen to borrow”.

Aside from enacting fuel duties, which came into effect on March 9 and raised $80-million, Biti said he would consider introducing three or four other taxes, including some on the mining sector, likely to affect the world’s two largest platinum miners, Anglo American and Impala Platinum.

Under an “indigenisation” policy, Zimbabwe has been demanding that foreign companies, particularly mining firms but also banks, transfer a 51 percent stake in local operations to indigenous investors.

Mugabe’s Zanu-PF party proposed a legislative amendment this week that would have seized majority stakes in foreign-owned mines before the elections, prompting suspicions the money would be used to fund his campaign.

The amendment, which requires the approval of a parliament dominated by the MDC, to pass is unlikely to go through.

Gem Diamonds Q1 output slides

Gem Diamonds’ first-quarter output eased by about 38 percent when compared with the fourth quarter of 2012.

The miner said in a statement that this was due to subdued amount and grade of ore mined following test work conducted at Letseng, its only producing mine located in Lesotho.

Gem Diamonds recovered 18,775 carats during the period under consideration down from 30,181 carats realised during the previous quarter.

The company expects to recover between 115,000 carats and 130,000 carats at Letseng this year.

Meanwhile, Gem Diamonds auctioned 29,205 carats during the first quarter, an increase of 3 percent compared with the preceding quarter.

“Rough diamond prices have improved over the quarter, but this is not reflected in our results because of the lower quality diamonds mined so far this year,” said Gem Diamonds chief executive Clifford Elphick.

BVC & Brink’s Announce Strategic Alliance

BVC and Brink’s have pleasure in announcing their strategic alliance in India. Effective from April 15th, 2013, the organisations will combine to provide the Diamond & Jewellery Industry with a seamless international service offering throughout India. This alliance of industry leaders combines the advantages of Brink’s global footprint and unrivalled liability program, with BVC’s proud heritage within the Indian secure logistics sector. “By layering BVC’s exceptional sales and customer service culture on top of Brink’s global infrastructure we believe we are creating an unmatched offering which will support India’s position as the leading centre for the global Diamond & Jewellery industry.” commented Samir Hosangady, Managing Director, Brink’s India. Hosangady added that “Brink’s India’s current precious metals storage and logistics, cash transportation, ATM and domestic diamond & jewellery business will be unaffected by this alliance, and the company will continue to provide its high level of service to both domestic and international customers.” “It is our aim to set new standards within the secure logistics value chain and to offer our customers unprecedented levels of service, efficiency and security. Everyone at BVC is excited to be a part of this natural evolution in partnering with a brand as strong as Brink’s.” The contacts for shipping arrangements in India remain unchanged for both organisations until further notice. For more information please contact your Brink’s and BVC representatives.

BVC Aims to Deliver Big at UBM Show (MJGF) and Vibrant Gujarat 2013

“We are thrilled to be an Official Logistics Partner for Mumbai Jewellery & Gem Fair (5th-7th January 2013) and Vibrant Gujarat (8th-13th January 2013). Being the official logistics provider, we are there to cater fully integrated one-stop logistics solution to deliver consistently high quality services to meet all logistics needs for the success of an exhibition.”

BVC as an official Freight Forwarder for IIJS 2012

BVC being a pioneer in this industry with its unmatched services and the state of the art security measures for logistics is proud to be an Only Official Freight Forwarder for Indian International Jewellery Show (IIJS) 2012 for International, Domestic and Local Door-to-Door delivery. Commencing from August 23 to August 27, at Bombay  Convention & Exhibition Centre � Mumbai.

Silver jewellery production remained steady in 2012: World Silver Survey 2013

Silver jewellery fabrication in 2012 dropped a mere 0.5 percent to 185.6 Moz, from 2011’s 186.5 Moz, compared to the four percent decline seen in gold jewellery production last year, according to Thomson Reuters GFMS’ World Silver Survey 2013.

The jewellery sector accounted for 22 percent of silver demand in 2012, second only to industrial applications. Total silver fabrication demand in 2012 dipped to 846.8 Moz, reflecting losses in key areas such as industrial applications, coins & medals and photography.

Neil Meader, head of precious metals research and forecasts at Thomson Reuters GFMS, which produced the Silver Institute-commissioned report, said demand for silver jewellery has been extremely resilient over the last 10 years despite sharp fluctuations in the price of the metal.

“(Much of the decline in 2012 was due to) relatively soft markets in the Western world, particularly in Europe where you are looking at double-digit losses. But a lot of that was countered by some very strong consumption growth coming through from India and China, clearly benefitting from rising consumer incomes. The slightly softer price last year, no doubt, helped,” said Meader in an audiocast to present the survey’s results.

Meader expects silver demand for jewellery fabrication to possibly hit a three-year-high this year thanks to improving consumer sentiment, but notes that price remains a substantial driver of demand, especially in the cases of China and India.

The average price of silver last year was US$31.15 per ounce, the second highest on record after 2011’s average. The first quarter of 2013 saw an average silver price of US$30.11. Meader said the silver price might rally to around US$32 in the second half of 2013, resulting in an estimated average price of just under US$29 for the entire year.