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15.09.2014
More people are now opting for diamonds rather than plain gold jewellery, because they offer a greater investment opportunity and are trendier
rajiv_popley_preview.jpgRajiv Popley, Director of Popley Group, is well-known in the jewellery and watch sector in Mumbai. In the year 2006, Rajiv launched the first Indian boutiques for Tag Heuer and Omega. His passion for watches and luxury led him to build trade relations with Switzerland by fostering the Indo-Swiss society. Rajiv was also one of the first few to launch platinum jewellery India in association with Platinum Guild International. He has been promoting this rare metal for over a decade. In an interview with Rough&Polished, Rajiv sees the Indian jewellery market becoming more demand-driven with the younger generation playing a major part in the future.

08.09.2014
De Beers opens door for non-sightholder diamond businesses
lynette_gould_substitute_preview.jpgDe Beers said the proposed amendments to the group’s allocations model will involve a new method for determining Global Sightholder Sales’ rough diamond customer-base, with a simplified, compliance and demand-based customer qualification process being introduced. The group’s head of media relations Lynette Gould told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that non-Sightholder diamond businesses that meet the compliance requirements, but have not demonstrated sufficient demand for primary source De Beers rough diamonds over a reference period, would be eligible to purchase the so-called Ex plan rough diamonds.

01.09.2014
Silver Promotion Service can and should become the "Amazon" for silver jewelry – Michael Barlerin
michael_barlerin_preview.jpgSilver jewelry sales in the U.S. saw a significant increase over the last year, according to a survey recently conducted for the Silver Institute’s Silver Promotion Service (SPS) in the United States. The average increase in 2013 for silver jewelry sales was 17%, findings from the survey showed. The Silver Promotion Service is the jewelry industry’s organization for silver, with a potential to become the "Amazon" for silver jewelry. SPS Director Michael Barlerin discusses the latest trends and shares his vision for silver jewelry in an exclusive interview with Rough&Polished.





Botswana should offload its stake in De Beers – diamond analyst

17.11.2011

A well-known diamond industry analyst has urged Botswana not to consider upping its stake in De Beers but rather offload its current 15 percent shareholding or bundle it into a holding company.
Botswana government had up to 12 months to decide whether to use an option of increasing its stake in De Beers from the present 15 percent to 25 percent following the Oppenheimers’ decision to sell its 40 percent stake to Anglo-American.
Mmegi quoted Even-Zohar as saying that he had never seen any reason why Botswana should hold a stake in De Beers.
He alleged that Botswana only got the (eventual) 15 percent stake in De Beers because neither Anglo nor the Oppenheimer family wanted the other to hold a majority.
"For a country with a gradually depleting resource, it needs shareholders that respect the economic, budgetary and societal aspirations of the Botswana government," Even-Zohar said.
"For Botswana to hold 15 percent (or any percentage) in De Beers does not make much sense and spending these funds in other investments, diversifying out of diamonds, seems preferable.”
He said with the Debswana diamond resources, Botswana should concentrate on domestic mining production.
“Why would you need to have a small stake in a company that owns other mines in Canada, South Africa or Namibia?  You will never have a real say on policies and are only unnecessarily holding on to passive diamond investments, rather than putting the money to more attractive uses,” Even-Zohar said.
He urged the Botswana government to set up a holding company, which would give it a chance to participate and own shares in the diamond resources while convalescing its investments.

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

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