Today’s customer needs an offer of something unique that others do not have

Oksana Senatorova is the publisher of the Jewelry Trade Navigator magazine and the founder of the Jewellery Business Academy.
She graduated from I. M. Sechenov Medical Academy and the Faculty of Psychology of Lomonosov Moscow State University...

09 january 2020

Inventories accumulated by De Beers, ALROSA to put ceiling on prices near-term even if demand substantially picks up – Zimnisky

As we are in the last month of 2019, it is prudent to examine what the diamond industry went through and the possible trajectory in the upcoming year. Industry expert, Paul Zimnisky spoke with Rough & Polished’s Mathew Nyaungwa to discuss this and other...

30 december 2019

Empowering customers and engaging more with our stakeholders is the new Mission

The unassuming Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports Pvt Ltd (SRK) is not just an ace businessman but a noted philanthropist. He has contributed immensely to social welfare with special focus on education … a noteworthy...

23 december 2019

‘Dubai has proven to be a great port for diamond tenders’

Stargems, which was established by Shailesh Javeri in 1981, has been involved in the trading of rough diamonds and is now also into manufacturing, wholesaling, retailing, tendering of diamonds and diamond jewellery. Although, the company has operations...

16 december 2019

Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

09 december 2019

NMDC to mine multibillion-dollar diamond deposit in MP-India

13 january 2020

State-owned Indian miner NMDC is poised to win a multibillion-dollar contract to explore and mine diamonds at a large project abandoned by global miner Rio Tinto, as per media reports. The Madhya Pradesh state government has asked NMDC to explore the Bunder deposits, which could contain millions of carats of diamonds. The state government last month awarded a smaller portion of the deposit to Essel Mining & Industries, part of Indian conglomerate Aditya Birla Group. That area was valued at about $9 billion, according to estimates by Rio Tinto and the state government. 
Neeraj Mandloi, principal secretary at the state's Mineral Resource Department said: "Our geological survey has shown that the entire area, which has largely remained unexplored, is rich in diamonds," Mandloi said of the Bunder deposit, adding that its output could be in the billions of dollars. "We have requested NMDC to do a composite role of exploring and mining and the company has shown a preliminary interest."
Madhya Pradesh, the only diamond mining region in Asia, could be among the world's top ten diamond producers, studies have shown.
NMDC already mines in the neighbouring Majhgawan mine at Panna, Madhya Pradesh, where the company has extracted about 1 million carats of diamonds. The State has also asked NMDC to explore and mine diamonds in several other blocks, Mandloi said. NMDC is enthusiastic and looking forward to taking on another mine in Madhya Pradesh.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished