A statement by the World Diamond Council

      As has been widely reported, Mr. Mathieu Yamba, chair of the Kimberley Process, recently issued a statement that defers discussion on unresolved issues to the Working Group on Monitoring, but in the meantime permits Zimbabwe to export rough diamond shipments from the two official concessions in the Marange region, subject to oversight by the appointed Monitor

.      The WDC understands that a number of KP participant countries, including The United States, Canada, Israel, and the European Union are seeking clarity on procedural issues surrounding this release and have indicated that exports should not be permitted until these issues have been explained and resolved.

      While the World Diamond Council welcomes and applauds Mr. Yamba's efforts to bring an end to the ap-parent impasse that currently exists regarding the status of production and stocks from Marange, the WDC advises members of the international diamond industry to refrain from trading in and exporting goods from the region until the situation and the-status of these goods becomes clearer.
      ln the meantime, the WDC would like to assure all parties involved that it remains at their disposal to lend assistance and contribute to any initiative that will resolve outstanding issues, while protecting the credibility of the Kimberley Process.

The Associations’ submission focused on those aspects of the law that the SEC has the authority to address through the rulemaking process. Among the points made:


The industry strongly supports the human rights objectives of the law, which seek to sever the link between conflict and the trade of gold, tungsten and other minerals in the DRC and adjoining countries;

While the Associations believe that the diligence infrastructure essential to achieving full compliance with the SEC's proposed rules does not yet exist, commendable progress is being made by viable global initiatives to accomplish these objectives;


Future progress by industry is therefore tied to the achievement of specified milestones in the building of this infrastructure. This must be accomplished not only by industry groups such as the Responsible Jewellery Council (RJC) and the World Gold Council (WGC), but by key stakeholders including the US Department of State, the US Department of Commerce, the Organization for Economic Cooperation and Development, the UN Group of Experts
and key governments in the region working in collaboration;.

Industry Coalition Jointly Submits Comments to the SEC on conflict Minerals

      The US's Jewelers of America (JA), the Jewelers Vigilance Committee (J\/C), the American Gem Society (AGS), the Manufacturing Jewelers & Suppliers of America (MJSA) and the Fashion Jewelry and Accessories Trade Association (FJATA) have jointly submitted comments to the Securities and Exchange Commission (SEC), regarding its proposed rules for the implementation of the conflict minerals provisions within the Dodd-Frank Wall Street Reform and Consumer Protection Act.

     Under the law, companies that already file annual reports with the SEC will have to disclose whether or not their products contain conflict minerals, including gold or tungsten, from the Democratic

The industry is committed to working with governmental and non-governmental organizations to create a transparent and effective due diligence system for gold and tungsten;

During the implementation period, the Associations have recommended companies submit reports - as required by the law - on the progress made to date. Once the steps outlined in the submission have been taken by the industry and other stakeholders, the necessary elements will be in place to enable companies to comply in full;

The submission also addresses other issues including: the complexity of the gold and jewelry supply chains, noting the small percentage of gold that is currently sourced from the DRC, the

  Republic ofthe Congo (DRC) or adjoining countries. Under the SEC's proposed rules, companies would be required to submit reports that describe due diligence measures used to determine whether or not any of their gold or tungsten has been sourced from
the conflict regions. For those companies that source from the DRC or adjoining countries, the reports would be independently audited, filed with the SEC and posted on the company’s website.

      The SEC’s final rules are set to go into effect upon publication on April 15, 2011.

      Although this new collection from Metal.ch contains a strong element of classicism, it does not undermine the strong character of its lines. This rectangular-shaped chronograph bears the brand's identifying features in a more discreet fashion, as exemplified by the renowned crown with its double protection system. Elegance and character are the distinguishing qualities of the Chronograph Club, qualities that will appeal to both men and women. Metal.ch offers a choice of sizes, 44 and 48 mm. and variants of steel, pink gold PVD or black PVD. In keeping with its image, the brand has paid special attention to the dials, with luxurious finishing in the brand's exclusive colours. This new classically-inspired timepiece is available on a

      When it was presented in 1980, the Gelden Bridge baguette movement made a deep impressien and opened a new chapter in horology. Thirty years on, this exceptional linear movement still exerts its magic and once more finds itself at centre stage with, for the first time, an automatic version in a larger red or white geld case. And in the spotlight is the new CO 313 calibre, a linear movement demanding an exceptionarly high level of horological savoir-faire. The two-sided dial and the case's four sapphire crystal sides have been carefully structured to highlight this exceptional
automatic movement. A limited edition, not surprisingly, with 130 watches available in red geld and 70 in white gold.

leather crocodiIe-pattern strap with a Metal.ch buckle.