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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

IIDGR’s proprietary technology gives polished diamonds unique identity

The International Institute of Diamond Grading & Research (IIDGR), a unit of the global diamond giant, De Beers, grades natural stones and is also using its proprietary inscription technology to inscribe a unique identification on tables of each...

07 november 2017

In future, only those who offer innovative designs will survive

A science graduate from Madras University, Srinivasan's one-man venture with just 10 employees launched in 1984 has now grown into the present Emerald Group, in about 3 plus decades. The Group from Southern India is one of the largest jewellery manufacturing...

30 october 2017

Conditions are still very difficult - Ernie Blom

Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa...

23 october 2017

Diamond aggregation to fill the gap in SA, says De Beers

20 october 2017
De Beers Consolidated Mines (DBCM) said diamond aggregation will help its clients in South Africa access stones despite the closure of the Voorspoed mine and the company’s failure to secure exploration licences.
There had been concerns that DBCM would find it difficult to replace diamonds from the closed mine as the Department of Mineral Resources had failed to approve 54 exploration licence applications submitted in the last two years by the diamond giant.
“Aggregation, however, does help because what it does do is that even if Venetia is mining in different areas, we would still have our ultimate international mixture that will fulfil their demand for specific goods that our beneficiators would have asked for,” Mining Weekly quoted De Beers Senior VP Sightholder Sales South Africa Mpumi Zikalala as saying.
She also said the closed Voorspoed mine had a somewhat different profile of goods from Venetia.
“That’s where they would constantly look at finding new mines to fill the gap,” said Zikalala.

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

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