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23.03.2015
We are seeing a slow and steady rise in demand for diamond jewellery - Joy Alukkas
joy_alukkas_x.jpgJoy Alukkas, Chairman and MD of Joyalukkas Group set up his first shop in Abu Dhabi in 1987, which grew into a jewellery retail chain and continued expansion to countries like India, UK, Singapore, Malaysia, Qatar, Oman, Bahrain, Kuwait and Saudi Arabia. Today, the Joyalukkas Group is involved in various businesses other than jewellery, which includes Money Exchange Centres, Luxury Aviation, Malls, Fashion & Silks and Realty. And, in a span of just two decades, the Group has grown into a multi-billion global conglomerate. In an interview with Rough & Polished, Joy Alukkas speaks about his dreams and plans for the future of Joyalukkas Group.

16.03.2015
There are immense potentialities in India for diamond mining - T. M. Babu
tirumala_babu_x.jpgDr. T. M. Babu is an exploration geologist with 40 years of worldwide experience investigating diamonds, gold, tin, platinum, copper, and other rare metals in many parts of the world. He was associated with the Government of India in the Planning Commission and the Geological Survey of India, United Nations Development Programme (USA), BRGM (France), Wardrop Engineering Inc. (Canada), Kyrgyzstan, Coronation International (UK) and several international organizations. He has authored many books related to metals and mining and continues to do so till date... Here, Dr. Babu shares his thoughts with Rough&Polished on his work in geology.

10.03.2015
In the diamond business, you are best served with a good measure of optimism, a long term view and lots of hard work
shmuel_schnitzer_preview.jpgThe Israel Diamond Exchange (IDE) dates back to 1937 and is now the world’s largest diamond trading facility giving roof to approximately 3,500 members representing the whole gamut of businesses associated with the treasured mineral. The recently signed Memorandum of Understanding between the IDE and Russia’s ALROSA at the International Diamond Week in Israel blessed by Israel's President Reuven Rivlin may ginger up the bilateral turnover adding value to the economies of both countries. Shmuel Schnitzer, President of IDE, in his interview to Rough&Polished told about the role of the Israel Diamond Exchange and shared the latest data on the performance of the diamond industry in his country.





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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