Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Sierra Leone H1 diamond exports top 347,070ct as it recovers from Ebola outbreak

27 september 2016
The diamond dealers club of Sierra Leone said the country exported 347,070 carats of diamonds in the first half of the year.
Club president Federico Candiano told Rough & Polished in an interview – whose full excerpts would be published soon – that the country generated $188,9 million in revenue during the period under review.
He said of the total revenue, $145,011,552 came from mining licenses while $43,851,404 was from mining trader licenses.
“The second half should mark a positive increase due to the seasonal washing in the rainy season,” said Candiano.
Sierra Leone exported 500,039 carats valued at $154 million last year, a 20 percent decline compared to 2014, he said.
Last year’s output was greatly affected by the Ebola outbreak, which saw some main operations shutting down as debts increased and investors pulled out.
However, the situation was now changing for the better.
“Ebola is already something of the past and investors are timidly coming back,” he said.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished