Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

IDE launches initiative for young manufacturers

07 june 2016
The Israel Diamond Exchange’s program, in cooperation with Panford (Israel) Ltd., to offer a special allocation of rough diamonds for young diamantaires officially was launched on 1 June 2016.
At a ceremony attended by IDE President Yoram Dvash and Deputy President Yehezkel Blum, a group of young diamantaires received an envelope containing some 40 diamonds with an average weight of 3.27 ct. with a condition that all of the diamonds are to be manufactured in Israel.  As a special gesture, Panford is providing credit of 70 days for the initial allotment.
The total lot, consisting of two commercial boxes from De Beers mines, was valued at $2.250 mn.
IDE President Yoram Dvash said, “Today we are realizing an initiative which we have dreamed about for a long time. We came to an agreement with Panford to allocate suitable rough at good prices but we needed to wait to begin the program until rough prices stabilized.”
Panford (Israel) Ltd. General Manager Dudi Shiama said, “When Yoram Dvash proposed this initiative we readily agreed. We are trying to build a track that will create optimal conditions for new manufacturers,” he said.
Thanking Panford and Dudi Shiama for making this project happen, Dvash added, “We aim to make this into a regular supply of rough for these manufacturers. This is one of the ways that we are boosting manufacturing in Israel.” 

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough&Polished