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

Surat diamond sector to form Association to deal with default cases

04 july 2016
To curb entry of fly-by-night operators and minimize default cases, the diamond traders in Varachha and Mahidharpura in Surat (the diamond cutting centre of India) have unanimously decided to form an association, according to a Times of India report.
A meeting in this connection was held at the Mahidhapura diamond market 28/6/2016, regarding formation of an association and working out the plan for both the diamond markets. They also decided to close down their daily trade after 7 pm.
The Surat Diamond Association has been advocating since couple of years to close down the markets before 7 pm, since the late hours were attracting fly-by-night operators.
The safe deposit vaults in the markets shut shops in the evening. However, the valuable stocks received by the traders during the late night dealing remains in the office locker, which is very unsafe.
Sources said that the diamond traders are preparing to form an association to deal with the issues concerning the police and the default cases.

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