Latest News - Israel - Tel Aviv

Debswana, the joint venture between De Beers and the Botswana government, is currently conducting prefeasibility stage studies in order to determine how to expand production at the Jwaneng diamond mine.

Alrosa’s President Vybornov stated that he has very serious plans for that country. Vybornov : “We have already held negotiations with the St. Petersburg Project Constitution company about the building of two electric power stations in Namibia

The imposition of a presumptive tax on the diamond industry in Surat has aroused the wrath of the president and members of the Surat Diamond Association (SDA). The tax was levied by the Union Finance Minister in the annual budget.

GIA and PhotoScribe Technologies won a patent infringement lawsuit last week which was filed against them by Lazare Kaplan International.

The South African government has provided the State Diamond Trader (SDT) with initial funding of $8.2 million.

The Prashanth Real Gold Tower has been inaugurated in the hub of the T. Nagar shopping center in Chennai. The tower, which is to constitute the largest exclusive jewelry destination in India, will serve both the retail and wholesale jewelry trade.

Although gemstones are among the most durable of substances, they do need some care. Following a few general rules will make sure that they last for generations still looking like the day you bought them

According to the National Retail Federation (NRF), US consumers held back on shopping in February. Retail industry sales rose 6.3% unadjusted over last year and were flat since January.

World Gemological Institute (WGI) and Swiss Gemological Institute (SSEF) have initiated a collaboration program with the aim of enhancing the understanding of diamond treatments and detection methods.

Stornoway Diamond Corporation and Hunter Exploration Group have reported diamond recovery results for the AV1 and AV2 projects at Aviat in Nanuvat, Canada

The Swatch Group has announced record net income for 2007 exceeding CHF 1 billion for the first time.

For Jane Austen, matrimony was as much a financial transaction as an emotional one, with everyone trying to get the best possible bargain.

RBC analyst Des Kilalea has stated in a report that Petra Diamonds and Rockwell Diamonds are both expected to outperform their peers in the course of the coming year.

Vaaldiam has completed the acquisition of Great Western Diamonds following approval by the Court of Queens Bench for Saskatchewan on March 6.

The Dubai Gold & Jewelry Group (DGJG) plans to step up its efforts to improve jewelry retail and marketing services through training programs that will focus on sales, marketing and customer service.

The Harry Winston Diamond Corporation has announced its entry into an agreement to sell 3 million common shares of the corporation at C$25 per share. Net proceeds are expected to reach C$75 million.

Indian Diamond and jewelry manufacturer and retailer, Gitanjali, has spread its interests to the provision of gold loans and safety deposit boxes through the incorporation of a subsidiary named Mohar Jewels.

Paramount Mining Corporation has announced the recovery of a clear white diamond from a sample associated with an anomalous feature that may represent its volcanic source. The diamond was found at the Wood River Project in Western Australia.

By using the Spitzer Space Telescope, scientists have found a way to locate diamonds in space.

Veolia Environment will invest $15 million in a new environmental studies campus within the Ruppin Academic Center in Emek Hefer, which will become Veolia's center for Training and R&D.

Profits for Tanzanite miner TanzaniteOne leaped in 2007 by 267% to $6.6 million. The company reported a 38% increase in production, reaching 1.7 million carats.

Metalex Ventures and its partners Dianor Resources and Wemindji Exploration have recovered rare purple diamonds in the James Bay region of Quebec. The companies stated that 649 diamonds were recovered, including nine rare purple stones.

During his visit at the Macau International Jewelry and Watch Fair last week, CIBJO President Gaetano Cavalieri spoke of the three rules of practice that industry members must adhere to in order to be part of a responsible business sector

Canada’s Natural Resources Minister Gary Lunn told the delegates at the PDAC convention last week in Canada that the federal government will allocate C$100 million over the next five years for geological mapping.

The Israeli Diamond Industry's portal, which appears in Hebrew, English and Chinese, has undergone a major facelift. It has now been made more accessible to people with disabilities. It will soon be a fully accessible Level A site.

The National Retail Federation (NRF) has begun a series of NRF-Investigator’s Network Meetings throughout the United States with the aim of connecting loss prevention executives with local law enforcement agencies.

Telkoor Power Supplies Ltd. has received an order for large quantity of power supplies from ASIS-Pro a global designer and Manufacturer of AdvancedTCA shelves and ATCA chassis, The order includes Front-End PSU to be installed in ATCA enclosures.

fring CEO, Avi Shechter invited to speak at Mobile World Congress 08 fring invited to join forum Nokia exhibition stand to unveil and demo new features

Telkoor global provider of power supplies, for military, industrial and telecom applications today announced that its subsidiary in Israel, Telkoor Power Supplies Ltd., has received an additional order of $1.15M from a major defense customer.

Raw Art Gallery will present a new video art exhibition "Slow Dance Marathon" by Christodoulos Panayiotou, a Cypriot performance and video artist who was invited by the gallery in April 2006 to initiate his second slow dance marathon.

SuTree.com was launched at 2007 by Joseph Maaravi and "E-learning Knowledge Solutions" an Israeli based internet company. For more information visit www.sutree.com or contact: press@sutree.com

Telkoor Telecom: Additional Repeat Order of $1.2M from a major defense customer

Raw Art Gallery will open its new art exhibition by Uri Dotan and Avraham Pesso. A dialog between two solo exhibitions, on Thursday, October 18th 2007 from 19:00.

Raw Art Gallery will mark Tel Aviv "White Night" with the opening of a new group exhibition, that will take place on Thursday, June 28th 2007 from 19:00.