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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

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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