“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

Lulo diamond resource carats up 90% to 80,400 at modelled average of $1,420/ct –Lucapa

Yesterday

Lucapa Diamond said the in-situ resource carats at its 40 percent-owned Lulo alluvial mine, in Angola has leaped 90% to 80,400 at a modelled average price per carat of $1,420, a 17% increase on the previous modelled estimate of $1,215 per carat.

The list of nominees to the Supervisory Board of ALROSA approved

Yesterday

On March 21, 2019, ALROSA Supervisory Board considered by absent voting the nominees from the shareholders to the Supervisory Board and the Revision Committee.

Mountain Province Diamonds announced full year 2018 results

Yesterday

Mountain Province Diamonds Inc. announced its financial and operating results for the full year ended December 31, 2018.

Petra Diamonds chairperson survives vote of no confidence

Yesterday

Petra Diamonds said its board and nomination committee received a 22.12% vote against the re-election of Adonis Pouroulis as the company’s chairperson.

Dubai Precious Metals Conference to focus on driving industry growth

Yesterday

The Eight Edition of the Dubai Precious Metals Conference (DPMC) will be held on April 11, 2019 at the Atlantis-The Palm in Dubai.The annual conference is expected to have over 300 industry experts attending it and the theme of the conference is ‘Unlocking Growth in Global Precious Metals’, according to an announcement made by DMCC.

DPA announces a diamond E-Learning program

21 march 2019

The Diamond Producers Association (DPA) has announced the launch of a new e-learning program for diamonds, “Behind the Brilliance of Diamonds”.

Demand for lab-grown diamonds rises while prices fall

21 march 2019

The Gemmological Institute of America says demand for lab-grown diamonds has significantly increased due to active marketing campaigns, but the prices for lab-grown diamonds have fallen by 70% over the past two years.

WJA hosts Inaugural Women Executives Forum in NY

21 march 2019

The Women’s Jewelry Association (WJA) held the inaugural Women Executives Forum in New York City aimed at businesswomen across jewellery and watch sectors, according to the report in WFDB.

Nirav Modi of the PNB scam arrested in London; denied bail

21 march 2019

Modi was arrested yesterday after a London court issued an arrest warrant against him in response to a request by the Enforcement Directorate of India for his extradition in a money laundering case.

Alrosa wants majority stake to mine diamonds in Zimbabwe – report

20 march 2019

Russian diamond miner Alrosa, which will be assessing the quality of Zimbabwe’s diamond reserves over the next six months, wants a majority stake to mine diamonds in the southern African country, according to a news report.

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