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SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

26 june 2017

Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Global demand for polished diamonds will remain steady – Ali Pastorini

Ali Pastorini, senior vice-president of the World Jewelry Hub, answered questions from Rough & Polished concerning the world diamond market, preferences of consumers and role of bank crediting.

13 june 2017

Eternal values in Malaya Bronnaya Street

The assay supervision in Russia is 317 years old. Much younger is the Moscow Gemological Certification Centre (MGCC) established under the Assay Chamber and located in the same ancient respectable mansion at 18, Malaya Bronnaya Street. The MGCC employees’...

05 june 2017

Diamonds will have the greatest potential in 2017

Mumbai-based Rajesh Bhagat, India Consultant of Hong Kong Trade Development Council (HKTDC) who oversees HKTDC’s operations across India, Sri Lanka and Bangladesh, has been assisting companies, particularly small and medium enterprises (SMEs) in the...

29 may 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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