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Ali Pastorini: Selling just the idea of glamour is no longer enough

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 may 2018

Diamonds are shifting from occasional to daily wear

Joy Alukkas started his first jewellery showroom in UAE in the year 1987, and today the Joyalukkas Group is a multi-billion global conglomerate with varied business interests. Beginning with a single jewellery room in Abu Dhabi, Joy Alukkas has grown...

14 may 2018

GJC has played a crucial role in the last 10 years in improving the compliance level in the industry

Coming from a renowned family of jewellers based in Akola, Maharashtra, Nitin Khandelwal heads Khandelwal Jewellers (Akola) Pvt Ltd. He has interests in the Plastic industry, Real estate, Health & Recreation and Cold storage industries as well...

07 may 2018

Johnson: ASM diamond sector a potential new source of supply for De Beers

De Beers recently said that it is planning to pilot a programme called GemFair that will create a “secure and transparent route” to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair would partner with the Diamond...

03 may 2018

Zimnisky: Hard to protect lab-diamond price as production methods, economics improve

Paul Zimnisky, an independent diamond industry analyst and consultant, said it will be very difficult for the lab-diamond manufactures to protect price as production processes and economics improve. He told Rough & Polished’s Mathew Nyaungwa in an exclusive...

23 april 2018

Lulo pockets $3.8m in first diamonds sale for 2017 – Lucapa

17 february 2017
Lucapa Diamond said it sold a parcel of 2,946 carats of Lulo diamonds from Angola for $3.8 million to mark its first sale for the year.
The diamond miner, which owns Lulo together with Endiama and Rosas & Petalas, said the stones sold achieved an average price of $1,276 per carat.
“The sale comprised diamond recoveries up to 31 December 2016, which included a 75 carat diamond that was recovered in November and a 55 carat diamond recovered in December,” company managing director Stephen Wetherall said in a note.
He said the diamonds sold by Lulo alluvial diamond mining company Sociedade Mineira Do Lulo through the Angola government’s SODIAM, were the first to be cleaned by the new diamond deep boiling facility installed at Lulo last December.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

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