Forevermark launches exclusive boutique in Kolkata with a jewellery brand

Forevermark recently launched its second Forevermark Boutique with Indian Gems and Jewellery Creation, a leading jewellery brand in Kolkata, showcasing a wide variety of elegant cuts, designer jewellery and loose diamonds.


De Beers’ full year rough diamond output slides 13% to 30,8mln

De Beers’ rough diamond output eased 13% to 30,8 million carats in 2019 compared with 35,3 million carats in 2018, according to Anglo American.


Patek Philippe watch became the most expensive sold at auction

Patek Philippe watches were the most expensive sold at auctionThe exceptional timepiece that Patek Philippe donated to the charitable Only Watch auction was sold for 31 million Swiss francs on November 9, 2019, the highest bid ever attained for a watch...


Synthesis Technology took part in International Jewelery Tokyo 2020

Synthesis Technology, a resident of the Moglino special economic zone, took part in the 31st International Jewelery Tokyo 2020, which was held in Tokyo from January 20 - 23.


Gemfields’ Kagem awards employees pay rise after union negotiations

Gemfields’s 75%-owned Kagem Mining has inked a “collective agreement” with workers’ unions, in Zambia that will see employees receiving a 10% increase in basic salary this year and another 10% increase in 2021.


Ali Pastorini: Challenges make us think out of the box and be closer to customers

20 january 2020

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain, Italy and Germany. The mission of Mujeres Brillantes is to help women in the jewelry and watchmaking sectors consolidate their business in order to exchange professional skills and experience. In the immediate past, Ali Pastorini was also Senior Vice President of the World Jewelry Hub in Panama. In this interview with Rough&Polished she tells about major trends and problems in the jewelry business.

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

09 january 2020

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. In 2001, she started the Jewelry Trade Navigator magazine, the leading Russian professional publication on technologies and culture of jewellery sales. She heads the industry projects: the ‘Diamond Street’ almanac - about jewelers who are the future of the Russian jewellery art, and the ‘Top 100. The Best Jewellery Stores’. She also does a popular jewellery guide series for the trade and a wide range of readers. She is an organizer and host of the prestigious international contest the ‘Best Jewellery Store of the Year’, an organizer and curator of the Russian jewellery industry seminars on sales and professional jewellery trade events. She is awarded the Faberge Memorial Fund Award: the Small Decoration of the Order of Perkhin (2010). In an exclusive interview with Rough&Polished, she shares her thoughts on trade shows, diamond trading and consumer trends.

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

30 december 2019

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 issues relating to the industry. He said an oversupplied market has been the diamond industry’s biggest challenge in the recent past, but sees near-term demand as the biggest risk, particularly out of the Greater China market, as uncertainties around the U.S./China trade negotiations and to a lesser extent the situation in Hong Kong, remain unresolved. Zimnisky, however, said inventories accumulated by major producers in 2019, primarily De Beers and ALROSA, will put a ceiling on prices near-term even if we see demand substantially pick up.

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

23 december 2019

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 step especially when he is a school dropout. A legend in his own right, Govindbhai Dholakia is a self-made man. He has built the company SRK from scratch to one of the current leading players in the Indian diamond industry. Here, in an interview with Rough&Polished, Govindbhai Dholakia comes across as an astute businessman, airing his views on all things business, but with an adequate dose of philosophy.

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

16 december 2019

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 in Antwerp and Hong Kong, among other global centres, it is convinced that Dubai is a “great port for diamond tenders”, according to company managing director Bhavesh Javeri in an exclusive interview with Rough & Polished’s Mathew Nyaungwa. He said Dubai’s diamond trade had been growing by leaps and bounds over the years and is committed to setting the standard for secure diamond trading in line with the highest quality standards. Javeri also said that Stargems ethically sources stones for tenders from several sources, although prominent sources were Angola, the Democratic Republic of Congo and South Africa.

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

09 december 2019

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 Diamond Council. As a co-founder of the Diamond Producers Association (DPA), its first chairman, and then its first Chief Executive, Jean-Marc dedicated himself to promoting diamonds as a unique miracle of nature and symbol of love, as well as to supporting the diamond industry on its path towards ever greater levels of responsibility and transparency. As CEO, Jean-Marc oversees all aspects of the DPA's operations, reporting to its Board of Directors. Here, in an exclusive interview with Rough & Polished, Jean-Marc Lieberherr takes us down the road of DPA’s journey since it was founded to promote diamonds globally.

Training in diamond valuation is key for artisanal miners

02 december 2019

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led an extensive strategic planning process to position DDI for a future in which artisanal mining is expected to become a much more prominent development challenge. As a result, DDI is now poised to consolidate many of the important lessons it has learned, into larger cross-cutting programs with positive outcomes for the artisanal mining sector. Here, in an exclusive interview with Rough&Polished, Ian Rowe shares his insights on artisanal mining and also specifies the impact of DDI’s initiatives on the artisanal sector.

Kangalassi 2.0: Raising the living standards, creating new jobs

25 november 2019

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export support. The document was signed to attract investments within the framework of the project "Jewelry and cutting cluster in the territory of the advanced socio-economic development – the Kangalassi Industrial Park”. Anna Ivanova, Director General of SAYBM, told the Rough&Polished information agency about the prospects that open up for the young, but already established company.

We live in a new dimension of environmental responsibility carried by business

18 november 2019

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic development of the country’s regions and the preservation of a decent environment, as well as how to apply the laws regulating the ecological problems of industrial production. Dmitry Pristanskov, Vice President of Norilsk Nickel summed up the results of the Ecological Forum and told about the participation of his company in the implementation of the National Ecology Project in an interview with Rough&Polished.

De Beers’ GemFair delivering ‘positive impacts’ to ASM sector in Sierra Leone – David Johnson

11 november 2019

GemFair, a pilot project developed by De Beers to create a secure and transparent route to market ethically sourced artisanal and small-scale mined (ASM) diamonds, is already delivering “important positive impacts” in Sierra Leone. Group head of strategic communications David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that they are now beginning to witness the miners displaying more formal behaviours and business practices. He also talked about De Beers’ contribution towards the economy of Botswana through their five-decade partnership. The group was recently accused of not helping reduce Botswana’s high levels of poverty and inequalities. Below are excerpts from the interview.

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