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Opal Association News Letter

By Member News

TUCSON SHOW GUIDE FOR 2019

It has been suggested the opal association should run a one page add promoting the Opal Trail in Australia with the names of members  who are selling in Tucson and their locations . We have the funds available and we could promote positive news that “Opal production is up on most fields”’. This can be put to members at our next meeting.The response to repeat last years add was slow but we should be promoting our industry and this is a good chance as there is good exposure to the industry.

MINTABIE OPAL FIELD.

The dead line for submission has been extended to the 31 st October2018.

We have formed a sub committee to lobby both state and federal politicians for the continuation of the Mintabie opal field for mining.

They are

Max Novelli, Yanni Athanasiadis, George Christianous, Damien Cody, Andrew Cody, Paul Sedawie.

We previously mentioned that the town had a fighting fund but the figure was inaccurate and we apologize for this.

 

OPAL ARTICLES

The Australian jewellery world did four articles on opals in its September issue.

-The first article was the proposal for the revised classification for opals. It was interesting to note that they quoted Australia now produces 60 % of worlds production in volume terms!!. They listed the 8 categories and made mention that CIBJO has endorsed full and proper uniform disclosure on all gemstones.

_The second article was title “Bleak out look for black opal”’ This is the type of heading we don’t need. While many of those interviewed tried to make out that scarcity of supply will increase prices the author has made it sound negative. There is more exploration and production in most fields and the pricing board at the ridge is seeing more opal than previous years. There was some positive comments at the end of the article about more fields to be discovered but we should follow up with the author as there was too much negative headlines. We should always talk up our industry especially to other gem dealers as supply is important to any industry.

-The third article was about  the Mintabie opal field. It mentioned about the uncertainty of the future of the town and how its unfair to blame the whole community for the crimes that have happened there.

-The fourth article was about being part of the national treasure  . This article mentioned how the Australian opal centre has gone from strength to strength and high lights its impact on the town and the opal industry with comments from founding members.

The founding members have pledged app $ 800,000 to date . The project will be built in two stages with the first costing 20 million of which 2 million is required from founding members and I believe also companies. If you are considering being a founding member you should join this week as the leverage you have is high to get this  great project started .I joined  as a founding member along with  opal association members Peter Sherman and Sally Patel at the last Lightning ridge opal show. More details below but if your interested do it by the “”12 OCTOBER”” before the next submission to the state govt. SO DO IT NOW!!!

https://outlook.live.com/mail/inbox/id/AQQkADAwATE2MTEAMC04NDY0LTNlYzgtMDACLTAwCgAQAIfihedrWaBPkWiO%2BQWRvqg%3D

 

 

Kind Regards

 

Paul Sedawie

President of the Opal Association

http://www.opal.asn.au/opal/

OPAL ASSOCIATION NEWSLETTER

By Member News

MINTABIE /TUCSON / HONG KONG /SHOW GUIDE

MINTABIE

A recent meeting was held by  various government departments on the opal field in Mintabie. They were escorted in by 6 police vehicles. Currently the dead line to leave has been extended to  1 July 2019 after which fines can apply. It seems that while the residential town will close, mining can still take place, but currently there are no plans to allow miners to stay on the field. Most miners have said this is impracticable as they would have to travel long distances and leave valuable equipment un- attended. Currently there has been a surge in break ins in town. There is to be another meeting to discuss the options available but so far there is no talk of any compensation to business owners or miners

Details of the meeting were as follows

Residents will be fast tracked for center links payments.

Residents will be fast tracked for trust housing in another town.

Free mental health support.

The mines dept could not answer most questions from the miners.

Police spoke about the local aborigines getting drugs from Mintabie as the main reason to close the town.

The town does have a $750 000 fighting fund from a insurance payout of the hall that burnt down and have engaged a solicitor to look after their interests.

It appears that there are many un -answered questions in regards to mining activity, we will keep you informed of any progress

TUCSON SHOW GUIDE

We are asking members who would like to participate in an add in the Tucson show guide for 2019. Results from the survey for last year’s add suggested we do only one page and some members also would like to mention that opal production is up on most Australian opal fields. Please reply asap and if some one would like to do the art work let me know!

HONG KONG SHOW

The cyclone caused the first show to loose a day and the jewelery show lost 2 days. Some reports suggest traffic was well down from previous years and its not clear if the weather was the  main cause.The organizers say it was the best attendance on records for both shows so that sounds a bit confusing! They quote both shows as having 87000 buyers and 4550 sellers so each seller averaged 19 buyers/lookers!  Should we be doing a group add for Opals in Hong Kong??

 

FACETS SHOW COLOMBO

I recently attended the facets show in Sri Lanka which is known for its blue sapphires and I was surprised at the number of Chinese buyers present. While business is down it was a very successful show. It did make me wonder why our opal shows get very few Chinese buyers while this show was well attended. There are many Chinese construction workers there who moon light and act as the front men for local gem merchants to sell to Chinese. It made me wonder what are we doing wrong!!

 

 

Kind Regards

 

Paul Sedawie

President of the Opal Association