Glittering Stones News,Diamonds news,Gems and jewelry news

East Midlands based jewellery designer Rachel Helen has brought the magical of Kit Williams’ famous golden hare charm to a couple in Lincolnshire, by finishing a commissioned necklace modelled on the unique.
The golden hare was the star of a wonderfully illustrated children’s story by Kit Williams called Masquerade, which caused a feeling upon release back in 1979, as it detained clues to the location of an 18 carat gold amulet. The story told of Jackrabbit, a messenger among the sun and moon that lost a wealth on a journey between the two and the clues within the pages pointed to a very real treasure that had been crafted and hidden in a park in Ampthill, Bedfordshire, by the author.
Paul specially made the piece for his wife, Rosey, to coincide with the 30th anniversary of the book’s journal. The design, made from 18 carat gold with slight patterns hand cut in the body of the hare and finished by a moon, stars and semi precious stones balanced under, was carefully created by Rachel over a period of months in her Ilkeston studio.
Rosey, the new proprietor of the necklace was struck by the complexity of the hare, and is very happy with all the concentration it attracts, as is husband Paul (who makes a extraordinary exterior in the necklace, represented by a tortoise charm). Upon conclusion he said: “The hare has exceeded all my opportunity,” even though he said he already knew it would thanks to Rachel’s “fantastic and accurate illustrations” through the design process.
Helen said: “The second I saw the [Kit Williams] piece I was hooked! This was a dream charge for me from start to finish. The design, the representation, the beauty of the material and gemstones made it an absolute joy to work on. It was made even better by considering it worn with such pride.” Rachel Helen Designs offers commissions in all precious metals, including the newly recognised Palladium. Rachel also has a variety of collections offering incomplete edition or bespoke products.

The Gokhran is Russia’s State Precious Metals and Gemstones store. The budget before set for the Gokhran may now be cut in half as Russia experiences as a revival in the diamond market and it continues to gathers rate of knots.

The budget based on the sell of precious metals and gemstones this year for the Repository was initially set at $1.4 billion (£945 million). InterFax has stated that according to the draft budget amendment approved by the government and obtainable to parliament, this figure could be cut by almost $700 million (£472.4 million).

The Gokhran spent and utilised the majority of its budget in 2009 when it decided to purchase $1.1 billion (£742 million) of diamonds in order to assist diamond miner ALROSA during the financial crisis.The Gokhran anticipates that it will spend $150 million (£101.2 million) on manufactured diamonds and roughly $1 billion (£675 million) on rough diamonds this year. conversely a source at the organisation exposed that $870 million (£586.9 million) is still apportioned for purchases from ALROSA.

President of ALROSA, Fyodor Andreyev said, We have budgeted for $870 million (586.9 million) in diamond sales to the Gokhran this year, but we are discussing the possibility of this with the Finance Ministry because in our estimates, we will be able to sell everything on the market fairly successfully unless there’s a second wave of crisis.