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“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Diamond exploration junior obtained conclusive proof of diamond-bearing kimberlites in Russia’s North

OOO Proex Service, which is searching for diamonds in the Arkhangelsk Region of Russia, discovered seven kimberlite pipes in the Kozolsky license area having spent 15 months for the find. One of the pipes is very similar to the highly diamondiferous...

11 september 2017

People do not just make fun in the social media, they make purchases there

Oksana Senatorova has been famous in the jewellery world for a long time as a publisher of the ‘Navigator in the Jewellery Trade’ journal, organizer of the international contest ‘The Best Jewellery Store of the Year’, curator of professional events and...

04 september 2017

‘There is no illegal tanzanite mining in Tanzania’

Richland Resources, which wholly-owned TanzaniteOne until the Tanzanian government forced it to relinquish half of its stake to the State Mining Corporation (STAMICO), exited the country in 2015 to focus on its operations in Australia. The formalisation...

28 august 2017

David Block: “Intellectual property theft is not just Sarine's problem...whole industry should combat this phenomenon.”

For more than 15 years, David Block served in various senior positions at Sarine Technologies in Israel and India. From 2012 until his appointment as CEO in 2017, Block was Sarine's Deputy CEO and Chief Operating Officer, with responsibility for...

21 august 2017

India's polished exports for April down by 1.7%; rough imports down by 7.3%

18 may 2017
Exports of cut & polished diamonds at $ 1.75 bn for the month of April 2017 showed a decline of 1.76% over exports of $ 1.78 bn in the same month of the year 2016.
Gross imports of rough diamonds for April 2017 amounted to $ 1.74 bn as compared to gross rough diamond imports worth $ 1.88 bn in April 2016 – a decline of 7.38%. In volume terms, gross import of rough diamonds of 16.92 mn carats during April 2017 marked a rise of 9.86% compared with gross imports of 15.41 mn carats in the same month of the previous year, according to the data released recently by the Gem & Jewellery Export Promotion Council of India.
Total exports for all gems and jewellery products for April 2017 were valued at $ 3.73 bn marking an increase of 15.17% over exports of $ 3.24 bn achieved in the same period of the previous year.Total imports for the gems & jewellery sector stood at $ 3.16 bn in month of April up 6.99% from imports worth $ 2.95 bn in April 2016.
Gold jewellery exports amounted to $ 497.35 mn marking a decline of 32.36% over $ 735.31 mn in April 2016 ; while exports of gold medallions & coins rose 82.90% to $ 553.59 mn for April 2017 from $ 302.67 mn for April 2016.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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