De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 2019

Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

GJEPC of India to set up IIGJ in Varanasi

05 december 2016
The Gem & Jewellery Export Promotion Council (GJEPC) of India is setting up Indian Institute of Gem & Jewellery (IIGJ) in Varanasi in the state of Uttar Pradesh in Northern India. Varanasi is the fifth centre in the country after Mumbai, New Delhi, Jaipur and Kolkata to have an IIGJ campus, says a 'Release' from the Council.
While gracing the foundation stone laying ceremony of IIGJ Varanasi, Hon. Union Minister of State for Commerce & Industry Smt. Nirmala Sitharaman said, “Unlike other sectors, Gem & Jewellery sector has direct impact on job creation. This is one sector which has different sub sectors by which gem & jewellery industry provides maximum jobs to people who come from rural areas and also with non gem & jewellery background through proper training.”
Praveenshankar Pandya, Chairman, GJEPC, said, “GJEPC, the apex gem & jewellery body in India has always strived to support Prime Minister, Narendra Modi’s vision for putting India on the trajectory of growth through numerous initiatives, one such being ‘Skill India.' We are establishing an IIGJ in one of the oldest learning centres of the world – Varanasi - with the ultimate objective of nurturing talent and enhancing export from the region. We hope to revive the rich tradition of jewellery designing craftsmanship in the entire northern region through this Institute”.

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