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Fura Gems tempting India with rubies from Mozambique and emeralds from Colombia

A qualified Chartered Account, Dev Shetty heads Fura Gems Inc as President and CEO, who has recently developed world’s largest emerald mine in Zambia and world’s largest ruby mine in Mozambique. Dev started his career in India but moved to the UK in...

15 january 2018

The Exchange plays a significant role in the global jewellery industry - Li Zhiwei, General Manager, GDGJE

Li Zhiwei, has been engaged in the Gems and Jewellery development management in China’s government department for the past 30 years. He served as Vice Chairman of Gems and Jewelry Association of China for more than 10 years and has effectively pushed...

09 january 2018

Yoram Dvash Hits The Ground Running As Second Term Begins

Having completed his first term in office as President of the Israel Diamond Exchange (IDE), Yoram Dvash sat down with Rough & Polished to discuss his achievements during his first period in office, and plans for the second term following his...

04 january 2018

Eurasian Diamond Center should bring profit and open new prospects and opportunities for all its players

The ALROSA affiliate in Vladivostok established in 2016 was headed by Alexey Ivanov about half a year ago. He was charged with the responsibility for developing business on the company's Far Eastern platform and attracting new customers to the Eurasian...

25 december 2017

NDTC to supply rough worth about $400 m this year

The Namibia Diamond Trading Company (NDTC), a joint venture between the Namibian government and De Beers, said it expects to supply rough diamonds worth $390 million this year. The diamond trader, which has 11 sightholders, had a fixed supply...

18 december 2017

De Beers’ IIDGR takes diamond verification, inscription technology to Singapore

16 october 2017
De Beers subsidiary, the International Institute of Diamond Grading & Research (IIDGR), will provide diamond verification services to Singapore Diamond Mint Company (SDM)’s new investment-grade diamond product, Diamond BullionTM.
Diamond BullionTM was listed on the Singapore Diamond Investment Exchange (SDiX).
“Thanks to our range of industry-leading technologies, IIDGR is rapidly becoming the byword for confidence and assurance in the international diamond sector, and we’re delighted to be providing our diamond verification and proprietary inscription services for this exciting new initiative,” said company president Jonathan Kendall.
IIDGR would use its proprietary diamond inscription technology to inscribe a unique identification number on the tables of each diamond used in the Diamond Bullion, which would confirm the natural origin of each diamond sealed in the bullion.
The diamonds are then transferred into the bullion by SDM once inscribed, and verified by IIDGR through a Master Report that confirms the bullion meets with SDiX’s product specifications, prior to it being traded on the SDiX.
SDM director Alain Vandenborre said the unique inscription that IIDGR placed on every diamond inside the Diamond Bullion allowed all of the diamonds to be tracked and verified, providing investors with the highest level of confidence in this revolutionary new diamond investment product.
“IIDGR’s industry-leading technology, backed by De Beers Group’s 120-year diamond history and expertise, makes it the ideal partner to SDM and SDiX,” he said.

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

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