In India demand for diamond jewellery is growing - Sulish Verma
Vikas Chain & Jewellery (P) Ltd of Delhi is one of the leading manufacturers and wholesalers of gold chains, gems and diamond jewellery in India. The company’s collections comprise superbly crafted jewellery embellished with diamonds and precious stones of the finest quality. In an interview with Rough&Polished, Sulish Verma, the company’s managing director, touches upon the present conditions prevailing in India, its effects on the jewellery sector’s growth and cautions jewellers to focus on design and quality to survive in the competitive business scenario, as well as to gain the confidence of today’s discerning customers.
Botswana, SA highly prospective says De Beers
De Beers, a leading global diamond miner in terms of value, said Botswana and South Africa are both highly prospective and geologically form part of the same cratonic region in Southern Africa. The group’s head of media relations Lynette Gould told Rough&Polished’s African Bureau Editor-In-Chief Mathew Nyaungwa that although they had been continuously prospecting for kimberlites in Botswana since 1955, the diamond producer historically had less access to prospective ground in South Africa due to the mineral legislation pre-1994, but with the introduction of the new legislation in 2004, new areas had opened up. Meanwhile, the group said it was currently having discussions with the Angolan government and state-diamond company Endiama for new concessions.
Ukrainian emerald cartel
Several years ago, the agents of the Ukrainian Security Service intercepted a large parcel of smuggled Colombian emeralds at the Borispol Airport in Kiev. The case promised to set off much drumbeat, but it quickly fell apart. There were two reasons for this: the affair involved a senior official of one of the law enforcement agencies in Ukraine, while the emeralds turned out to be ... synthetic. Later, some of the participants in this case were forced to leave Ukraine due to the well-known political events in the country. One of them agreed to comment the specifics associated with the trade in synthetic gemstones to Rough&Polished. Our meeting took place in Athens in early March of this year.