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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...

Yesterday

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

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

World Diamond Council says work not over as threat of instability, conflict remains

13 march 2018
World Diamond Council (WDC) acting president Stephane Fischler said although the Kimberley Process (KP) has managed to quell wars that were driven by the so-called blood diamonds, the threat of instability and conflict remains and their “work is not over”.
He was speaking at a United Nations General Assembly (UNGA) side event, co-hosted by the governments of Australia and Botswana, to discuss the KP and strategies to advance its ongoing contributions toward peace, security and sustainable development in diamond mining communities.
This year marks the beginning of a crucial period for the KP, a two-year review and reform process led by the European Union Chairmanship and ending during next year’s Indian Chairmanship in 2019.
“This important KP review period gives us the opportunity to address contemporary challenges facing the diamond industry and implement reforms to protect the human rights, freedoms and development of people who depend on the diamond trade,” he said.
Also speaking during a panel discussion, Fischler reaffirmed industry’s commitment to the KP, while also reinforcing areas for reform to ensure continued success.
This included broadening the scope of the KP to increase the likelihood of safe and secure working conditions, fair labor practices and sustainable development in diamond communities, establish a permanent secretariat in a neutral country to strengthen long-term implementation of the organization.
“Let us not forget that the KP is a process for a reason – a tripartite with many participants, diverse points of view and numerous priorities,” he said.
“Even though only one group holds the power to enact change directly, we will not give up. Industry remains committed to working together with our partners to listen, discuss and reach consensus that drives positive change.
“I am especially encouraged by efforts of the Civil Society Coalition, now led and overwhelmingly represented by African-based NGOs, with whom we share a commitment to secure lasting change.”

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

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