It's our responsibility to capture the imagination of future generations towards diamonds

As CEO of Beverly Hills-based Grand Metropolitan - a privately-held luxury goods holding company with a 130-brand portfolio - Vin Lee carries the burden rather lightly on his shoulders. Having migrated from Canada as a baby, it did not take long for...


‘Non-diamond producing countries shouldn’t lead KP’

Non-diamond producing countries should not lead the Kimberley Process (KP) as was the case last year with the United Arab Emirates (UAE), according to the African Diamond Council and African Diamond Producers Association chairperson...

04 december 2017

Jewellers’ Guild of Russia sees its mission in creating highly developed national jewellery market

In recent years, the Jewellers’ Guild of Russia has noticeably stepped up its activities. Eduard Utkin, General Manager of this Association told Rough & Polished about what is happening in the country’s jewellery sector, the tasks facing the community...

27 november 2017

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

Namibia renews Diamond Fields’ 10-year mining licence

07 december 2017
Diamond Fields International said the Namibian government has renewed its key mining licence, ML111, for a period of 10 years.
The renewal had been subject to the company undertaking a renewed environmental impact assessment and have an environmental management plan report prepared and approved.
Diamond Fields was also supposed to ensure that at least 5 percent of its local subsidiary was under ownership of Namibians.
Meanwhile, Mining.com reports that the company would resume mining off the coast of Namibia next year following the renewal of the licence.
Marine diamond output had outpaced land-based mining in Namibia.
The southern African country produced 1,7 million carats of marine diamond compared to 403,000 carats recovered on land last year, according to Mining.com.

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


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