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5 mins0

Shooting gold medallist Michael Diamond’s gun tires upheld, dashing hopes for 2024 Paris Olympic qualifiers

An Olympic shooting gold medallist has lost his chance to compete in the 2024 Paris Olympics after a New South Wales tribunal upheld a decision to refuse his gun license application.

Michael Diamond, 51, had his Category A firearms license revoked in 2018 after he was found guilty of firearms and drink driving charges in Port Stephens in 2017.

Mr Diamond was acquitted of the three firearms charges on appeal later that year.

He challenged the license ban but the appeal was upheld in January last year.

In September, he sought an administrative review of a decision to refuse a new application for a gun license.

That decision has been upheld by the NSW Civil and Administrative Tribunal, meaning he will not be able to take part in the upcoming national Olympic qualifiers.

The 51-year-old has been a successful competitive sporting shooter since a young age and won two gold medals in the sport at the 1996 and 2000

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Bahrain
3 mins0

When fake news started a diamond rush in Surat

Gujarat’s Surat saw a manic situation on Sunday after fake news about a trader throwing diamonds on roads began circulating, leading to a diamond rush in the city’s Mini Bazaar area.

As per a report in The Times of India, rumors began to circulate around 9 am on Sunday, with whispers that an unlikely trader had tossed CVD (a type of lab-grown diamond) gems onto the road after they reportedly plummeted by a staggering price 30%.

Word of this potential windfall quickly spread, prompting a rush of people eager to collect the diamonds. However, it was later discovered that these were not CVD diamonds but rather diamonds typically used in embroidery work.

Recounting the incident, a local trader told the Times of India, “The incident unfolded at 9 am, just as the market was gearing up for the day. Crowds gathered along the stretch of road from Khodiyarnagar to Mini Bazaar in Varachha. Some traders also made their way there to ensure the authenticity of the diamonds. Regrettably, they turned out to be imitation diamonds, in fact, they were plastic diamonds commonly used in embroidery and imitation jewelry.”

As per the Times of India

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Bahrain
4 mins0

Surat’s diamond units reopen after recession-induced long holidays | Letter News

Diamond factories of Surat have resumed operations from Monday after a recession-induced Diwali vacation of 36 days — the longest ever. All diamond factories are expected to become fully operational by the first week of December, say traders and businessmen.
The office of the Surat Diamond Association also reopened on Monday.

Generally, Diwali vacation in the diamond industry lasts for 20 days. However, due to the poor demand for diamonds in the international markets, especially in the US, the workers were sent on vacations early this year; October 21 was the last working day for the Surat factories.

“There is a momentum found in the market as diamond factory owners have started receiving orders from Mumbai traders. Until November 30, over 50 per cent of the factories of natural diamonds will open, and by the end of the first week of December, almost all the diamond factories will start functioning. The diamond trading markets in Surat’s Mahidharpura and Varachha were open Monday,” Surat Diamond Association president Jagdish Khunt said, hopeful that the sector will slowly pick up its lost momentum.

According to Surat Lab Grown Diamond Association president Babubhai Vaghani, over 30 per cent Lab Grown Diamonds (LGD) factories have

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Bahrain
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