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Zimnisky: Hard to protect lab-diamond price as production methods, economics improve

Paul Zimnisky, an independent diamond industry analyst and consultant, said it will be very difficult for the lab-diamond manufactures to protect price as production processes and economics improve. He told Rough & Polished’s Mathew Nyaungwa in an exclusive...

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James Campbell: Scoping study results for SA’s Thorny River due mid-year

Botswana Diamonds appeared to have expended most of its energy and resources last year on the new Thorny River project in South Africa as its Sunland Minerals joint venture with Alrosa, in Botswana takes long to find diamonds despite significant effort...

16 april 2018

MGCJ founder Branko Deljanin: Production of synthetic diamonds is still larger than consumption

Founder and Chairman of the Mediterranean Gemmological and Jewellery Conference, MGJC, Branko Deljanin kindly agreed to answer questions from Rough&Polished related to synthetic diamonds and the upcoming 4th session MGJC in May in Budva, Montenegro.

09 april 2018

There is some magic in a diamond

Alexander Gorynya is a Director General of the St. Petersburg-based Kongo jewellery company. He is a Chairman of the Union of North-West Jewellers. In 1978, he graduated from the North-Western Extramural Polytechnic University. Since 1983, he worked...

02 april 2018

Looking for the Kimberley Process achieving further and meaningful sustainable progress

On March 7, 2018, the United Nations General Assembly welcomed the progress made by the Kimberley Process Certification Scheme to break links between the diamond trade and conflict and adopted a consensus resolution aimed at intensifying that work aligning...

26 march 2018

Indian diamond industry observes partial shutdown in Surat

19 june 2017

The diamond cutting and polishing centre in Surat and those in Navsari and Saurashtra in Gujarat observed a shutdown on Saturday to press for exemption of the diamond industry from Goods and Services Tax (GST) regime that will come into force from July 1 in India, according to media reports.
The call for shutdown was given by Diamond GST Sangarsh Samiti which has been opposed to GST Council's decision to implement 3% GST on polished diamonds, 18% on diamond trading and 0.25% on rough diamonds.
It is reported that around 4,000 diamond brokers and 3,500 diamond merchants did not work and 3,000 small and medium diamond units remained shut, resulting in a loss of more than $105 million to the trade.
Praveen Shanker Pandya, Chiarman of the Gems and Jewellery Export Promotion Council (GJEPC) had on Friday appealed to diamantaires in Surat, Navsari and other cutting centres in Saurashtra not to join the bandh.

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

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