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It's our responsibility to capture the imagination of future generations towards diamonds

As CEO of Beverly Hills-based Grand Metropolitan - a privately-held luxury goods holding company with a 130-brand portfolio - Vin Lee carries the burden rather lightly on his shoulders. Having migrated from Canada as a baby, it did not take long for...

11 december 2017

‘Non-diamond producing countries shouldn’t lead KP’

Non-diamond producing countries should not lead the Kimberley Process (KP) as was the case last year with the United Arab Emirates (UAE), according to the African Diamond Council and African Diamond Producers Association chairperson...

04 december 2017

Jewellers’ Guild of Russia sees its mission in creating highly developed national jewellery market

In recent years, the Jewellers’ Guild of Russia has noticeably stepped up its activities. Eduard Utkin, General Manager of this Association told Rough & Polished about what is happening in the country’s jewellery sector, the tasks facing the community...

27 november 2017

Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

Zimbabwe says no to expanded definition of conflict diamonds ahead of KP meeting

21 april 2017
Zimbabwe said it will not support the civil society’s sponsored move to expand the definition of conflict diamonds to include issues such as human rights.
Mines minister Walter Chidhakwa told Rough & Polished that Harare engaged the South Africans on the sidelines of the African Mining Indaba last February and they also indicated their discomfort with the overhaul of the definition.
The contentious issue was expected to cause rancour at the Kimberley Process’ Intersessional meeting set for Perth, Australia early next month.
“Our argument is a very simple argument. We deal diamonds let’s do the best we can to ensure that our diamonds are clean,” said Chidhakwa.
“That is our core business, this is a UN organ there is another UN organ (that deals with human rights), before I even go there is an African Union organ responsible for human rights. If we now say human rights as they relate with diamonds must be dealt with by the Kimberley Process, (then) I don’t understand what we are trying to do.”
He also said that the UN and IMF as well as member countries had ways to deal with the issue of financial illicit.
“Why don’t we let those who have the expertise to deal with that?” he asked rhetorically.
“If we are asked for information, naturally we pass on the information to them so that they are able to better investigate the work, but to say we are going to take over the activities and responsibilities of other [agencies and institutions] as part of KP, I don’t think it’s the way to go. So we were in discussions with the South Africans, we will say no to that.”
KP chairperson Robert Owen Jones told Rough & Polished in February that the diamond watchdog would do a review this year and it won’t surprise him if a number of countries and delegates propose things like changes to the definition of conflict diamonds.
“I want to have a conversation about anything that people raise in terms of, ‘will KP work better or not if we do this?’, ultimately any decisions that we make as Kimberley Process, are decisions by consensus, so you don’t just accept any one point of view, you have to listen to everyone’s point of view and the extent to which we might change or might not change the definition will be an agreement by all of us, equally, so it’s a consensus-based organization,” he said.

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

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