Current Affairs
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Mar- 2016 -8 March
Retailers can be liable for assaults by staff, warns law firm
Retailers can be liable for assaults on customers by staff following a recent and well-publicised case, a law firm has warned. Bond Dickinson LLP issued the warning after the Supreme Court overturned the Court of Appeal’s decision in the Mohamud vs WM Morrison Supermarkets case, deciding Morrisons was vicariously liable…
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7 March
UK Fairtrade gold volume sales up 440% in 2015
Volume sales of Fairtrade gold increased by 440% in the UK in 2015, according to new figures from the Fairtrade Foundation. The foundation also said Fairtrade mining co-operatives in Latin America sold 170kg of Fairtrade gold to the global market, generating a ‘Fairtrade premium’ of $340,000 (£240,000) on top of…
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Feb- 2016 -29 February
Angola’s largest diamond sold for £11.5m
Lucapa Diamond Company has sold the record-breaking 404.2-carat diamond, which it recovered earlier this month in Angola, for $16m (£11.5m). The selling price of $39,580 (£28,574) per carat is a record price for a white diamond recovered at the Lulo mine, with the company saying it is “further evidence of…
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19 February
WFDB warns of synthetic diamonds fraudulently marked as natural
The World Federation of Diamond Bourses (WFDB) has announced it has been informed that a vendor on online wholesale trading platform, Alibaba, is offering fraudulent diamonds. WFDB said the vendor is offering CVD lab-grown synthetic diamonds inscribed with the numbers of genuine GIA-graded natural diamonds reports. The seller on Alibaba,…
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17 February
Massive 404-carat diamond discovered in Angola
Lucapa Diamond Company has announced the discovery of a massive 404.2-carat, which it claims is the 27th largest diamond ever discovered. The type IIa D-colour diamond, which was discovered at the firm’s Lulo Diamond Project in Angola’s Lunda Norte Province, is the biggest recorded diamond ever found in Angola –…
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17 February
First safe deposit box service launches in Scotland
Scotland’s first independent safe deposit box service has launched in Glasgow following an investment of more than £1m. Based in the city’s southside, Glasgow Vaults claims it has been introduced in response “to the major banks withdrawing the service that safeguards people’s valuable possessions”. The venture is being led by…
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9 February
Escaped Hatton Garden raider is ‘former policeman’
The mysterious Hatton Garden raider known as ‘Basil’ – who remains on the run – is a former policeman, a ring leader of the £14m raid has claimed. Danny Jones, who is awaiting his sentencing of the burglary, has claimed in a letter to Sky News that Basil was the…
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1 February
Jeweller joins crowdfunding campaign to help flood victims
A West Yorkshire jeweller has joined a crowdfunding initiative to help raise money for local businesses in Calder Valley, which were affected by the Boxing Day floods. Element Jewellery is supporting the ‘Calderdale Rising’ campaign, launched on Friday 15 January, and has been trending as the most popular campaign on…
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Jan- 2016 -18 January
2015 full-year hallmarking edges upwards
The total number of hallmarked items fell by 1% in December suggesting a flat Christmas, but the annual figures for full-year 2015 edged up by 1% compared with the previous year. Data from all four assay offices in the UK – compiled by the Birmingham Assay Office – showed the…
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15 January
BCU teams with Birmingham Assay Office for gemmology hub
The Birmingham Assay Office has announced a new collaborative tenancy and partnership with Birmingham City University’s (BCU) School of Jewellery. As part of the agreement the university’s gemmology department will move into new premises at 1 Moreton Street in the Jewellery Quarter, which it hopes will enable further development of gemmological…
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