Surat Remains Closed as COVID-19 Cases Surge

By John Jeffay / July 15, 2020 / www.idexonline.com / Article Link

(IDEX Online) - Surat's diamond industry remains at a standstill after another surge in COVID-19 cases.The city's 5,000 factories had been due to re-open yesterday after a two-week closure.But the Surat Diamond Association is urging all diamond units, markets and safe vaults to remain closed until 19 July at the earliest to prevent further infections.Surat Diamond Association president Babubhai Katheriya said: "We had to take this decision as a large number of diamond polishers and traders, especially from Varachha and Katargam zones, tested positive. "This voluntary lockdown will bring down the cases in Surat. Further decision will be taken after July 19."So far 600 diamond workers have tested positive for the virus.The plea to stay closed comes as India's polished diamond exports for June fell 41 per cent year-on year to $931m, according to figures released by the Gem and Jewellery Export Promotion Council (GJEPC).Increasing numbers of migrant workers are returning to their Gujurat villages because there is no work for them and the rise in coronavirus cases shows no signs of slowing.

Recent News

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok