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Diamond News Archives

AGS to Hold its First Virtual Conclave

Category: News Archives
Created: 05 April 2020
Hits: 469
April 05, 20 by John Jeffay
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(IDEX Online) - The American Gem Society (AGS) is to hold its first virtual Conclave after coronavirus forced the cancelation of the actual event in Denver, Colorado.

It will feature up to eight hours of online education over two days, April 27-28, plus a social event -  a video dance party.  The virtual Conclave will be free to AGS members.

The annual education, social and networking event for jewelry traders had been planned for April 27-29.

There will be a mix of panel discussions and industry speakers, covering topics such as "Corporate Social Responsibility: How Giving Back Adds Up," "The Art of Storytelling: The Future of Retail 2.0," "The Art of Personal Trade," and "2020 Retail and Shopping Trends".

"When we realized we couldn't give our members the live Conclave experience this year, we knew we wanted to provide something in the virtual space," said Alexis Padis, chair of the Conclave subcommittee....

Read more from our friends at IDEX

Alrosa Boss Sells Half His Shares to Fight Coronavirus

Category: News Archives
Created: 05 April 2020
Hits: 494
April 05, 20 by John Jeffay
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(IDEX Online) - The CEO of Russian mining giant Alrosa has sold half his stake in the company and donated the proceeds to fighting coronavirus.

The sale of Sergey Ivanov's shares raised RUB18.5m ($240,000) and will help counter the spread of Covid-19 in the Siberian town of Mirny.

Most of the town's 35,000 residents work for Alrosa, the state-owned mining company which is the world's largest producer of rough carats.

Mr Ivanov said: "All proceeds from the sale will be used to pay for medicines, medical and personal protection equipment for Mirny district of Yakutia.

"I understand that today is not an ideal moment for selling shares. However, under current circumstances the speed of procurement of scarce medical supplies becomes crucial. Paying from personal account makes purchasing easier and faster."...

Read more from our friends at IDEX

Global Silver Supply Collapse on Its Way: Mexico to Hit Silver Supply

Category: News Archives
Created: 03 April 2020
Hits: 480
Diamond Buyers Club
Due to Mexico’s Ministry of Health issuing an Executive Order for the immediate suspension of non-essential activities until April 30th, the mining industry in the country has now come to an abrupt halt.
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Read more from our friends at Gold & Silver

The Upside of The Great Depression of the 2020s: MN Gordon

Category: News Archives
Created: 03 April 2020
Hits: 504
Diamond Buyers Club
The monster of all monsters is rampaging far and wide. The Federal Reserve, the central bank responsible for issuing U.S. legal tender notes, is going big. But its aim is small.
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Read more from our friends at Gold & Silver

Millions Of Small Businesses Stunned They Are Not Eligible For Bailout Loans

Category: News Archives
Created: 03 April 2020
Hits: 506
Diamond Buyers Club
This is how America's bailed out banks repay the taxpayers that rescued them in 2008... and in 2020.
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Read more from our friends at Gold & Silver

  1. Gold Jumps; Record US Jobless Claims Lift Safe Haven Demand
  2. Mortgage Lenders Bracing for the Biggest Wave of Delinquencies in History
  3. "S&P500 Could Decline To 1,600": Stocks Facing Worst Outlook Since 2008
  4. Lucara's Large Stone Sale Under Threat

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