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In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

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Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

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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