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It's our responsibility to capture the imagination of future generations towards diamonds

As CEO of Beverly Hills-based Grand Metropolitan - a privately-held luxury goods holding company with a 130-brand portfolio - Vin Lee carries the burden rather lightly on his shoulders. Having migrated from Canada as a baby, it did not take long for...

11 december 2017

‘Non-diamond producing countries shouldn’t lead KP’

Non-diamond producing countries should not lead the Kimberley Process (KP) as was the case last year with the United Arab Emirates (UAE), according to the African Diamond Council and African Diamond Producers Association chairperson...

04 december 2017

Jewellers’ Guild of Russia sees its mission in creating highly developed national jewellery market

In recent years, the Jewellers’ Guild of Russia has noticeably stepped up its activities. Eduard Utkin, General Manager of this Association told Rough & Polished about what is happening in the country’s jewellery sector, the tasks facing the community...

27 november 2017

Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

Registration begins for 2017 Presidents Meeting and Finance Seminar

12 january 2017
The official web site of the 2017 Presidents Meeting and Finance Seminar has gone live, allowing participants to register for the February 5-8 biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), says a press note from WFDB.
The four-day gathering, organised by the Gems and Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse, will take place at the Taj Lands End Hotel in Mumbai, starting with committee meetings of the WFDB and IDMA on February 5, followed by a Finance Seminar; the Presidents Meeting ; and gatherings of WFDB and IDMA Presidents.
WFDB President Ernie Blom said, "We have invited experts from the banking and finance community, as well as industry stakeholders to participate and provide crucial input. There are many issues to be tackled, and I look forward to extremely interesting and challenging discussions. We aim to establish a regular dialogue between banks and other providers to develop solutions for the diamond industry, and create a financing task force to drive forward solutions. We also seek to create online education courses for all members of WFDB affiliated diamond bourses, and roundtable discussions to be held in all the leading diamond centres. This Summit will play a critical role so we ask members of all trade organisations to attend," Blom added.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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