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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

Jewelry crime in U.S. on the rise in 2016

20 march 2017
Crime connected to jewelery industry rose 6 percent year-over-year in 2016 for the first time since 2012, the Jewelers Security Alliance study shows.
According to the report, the total number of crimes committed against U.S. jewelry firms and reported to the JSA last year was 1,245, compared with 1,177 in 2015.
This is the first time since 2012 that the number of jewelry industry crimes reported to the JSA has risen. The numbers overall still are relatively small though, JSA said, and industry crime remains well below what it was in decades past.
Outside of credit card fraud--only a fraction of which gets reported to the JSA, the most frequent type of crime perpetrated against jewelers last year was grab-and-run thefts. The number of grab-and-runs rose 40 percent year-over-year, from 301 in 2015 to 420 in 2016. The number of robberies fell from 231 in 2015 to 174 in 2016, a 25 percent decrease.
The number of attacks on traveling salespeople as well as crime against jewelers at their homes or other places outside their stores, fell to a total of 48 in 2016.

Theodor Lisovoy, Rough&Polished, Moscow

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