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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

HRD Antwerp Enters Iran in Middle East Expansion

17 february 2017
Diamond-grading group HRD Antwerp will launch an educational program in Iran to expand its presence in the Middle East.
HRD will start training certified diamond graders in a debut course in Tehran at the end of April in collaboration with a local consultant.
The move is part of a wider attempt to expand HRD’s operations in the region, according to Katrien De Corte, its chief officer for education and industry. HRD will open an office in Dubai at the end of February, featuring a drop-off point for diamonds and jewelry for sending on to its laboratories. It also offers vocational courses in Bahrain, Qatar and Lebanon, and has operated a laboratory in Istanbul, Turkey, since 2010.
The organization plans to open a second drop-off point in the region, likely in Lebanon, De Corte added.
As for Iran, the potential exists for further business opportunities, De Corte pointed out. “We’ll start with an educational center and evaluate” what customers want, she said.
Offering HRD’s services in Iran has only been possible since the European Union lifted nuclear-related economic and financial sanctions against the country in January 2016. This followed an agreement between Iran and six superpowers in July 2015.

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