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20.02.2012
Industrial-use diamonds are the future of the diamond industry
Nevsky Brilliant has been engaged in making polished diamonds of all categories for more than three years and mostly established itself as a manufacturer of large stones, second only to the largest diamond cutting company in Russia, Smolensk-based Krystal. The company’s international team of professional diamond cutters and manufacturing engineers made it possible to turn Nevsky Brilliant into a pace-setting leader in the Western Region of Russia not only in diamond manufacturing, but also in terms of turnover by value. Aneli Irakli, CEO of Nevsky Brilliant, told our correspondent about his company.

13.02.2012
Antwerp’s Governor Cathy Berx: It is really like a win-win if governments, as well as the sector and the broader community just collaborate, work together, have good cross pollination to make sure that that aim is obtained
A strategic long-term plan paving way for further development of Belgium's diamond industry was unveiled recently by Governor Cathy Berx during the ceremony to inaugurate the Diamond Pavilion at the Museum aan de Stroom (MAS). Our correspondent in Belgium caught up with Ms. Berx to hear her comments on the event.

08.02.2012
Indian and Belgian buyers displayed keen interest in Yakut diamonds at JUNWEX Petersburg 2012
The JUNWEX Petersburg 2012 jewelry show closed in St. Petersburg with many participants saying that the event produced better results this year compared to 2011. Rough&Polished asked Olga Mironova, who is heading the administration of the exhibition and media holding Restek JUNWEX, to comment on the outcome of this show.





Diamond Revenue to Fund Grants for Zimbabwe’s Students

27.01.2012

Zimbabwe’s government plans to use some of the revenue from the sale of its rough diamonds to reinstitute grants for students, the University World News reports cited by Israelidiamond.co.il.
According to the UWN, none of Zimbabwe’s government-run universities have been able to supply student grants or loans for over a decade.
In his budget statement for 2012, Finance Minister Tendai Biti stated that he was allocating $25 million for student grants and loans, a sum he expected to see matched by banks, including Barclays.
The decision to use diamond money to benefit the country’s students is reportedly a tactic to win support in the international community for the sale of Zimbabwe’s diamonds. Although the Kimberley Process lifted its embargo against Marange diamonds in November, the subject remains controversial.

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