Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

Curb on small-scale mining to weaken Ghana's diamond, gold output – report

17 august 2017
A move by Ghana to curb small-scale mining, which is causing damage to the environment, will this year cause a low diamond and gold output.
The government of President Nana Akufo-Addo, who took office last January, provisionally banned artisanal mining in a renewed effort to clamp down on those who do it illegally, according to Reuters.
Small-scale mining had helped push the country’s mining production last year.
"We anticipate at least a 50% drop in production from the small miners," deputy minister of land and mines Barbara Oteng-Gyasi was quoted as saying.
"We are trying to control illegal mining which is not good for the environment."
She said the country's diamond output would likely to fall substantially this year as diamonds were mainly extracted by small-scale mines.
The country's diamond production fell to 143 005 carats in 2016 from 185 376 carats a year earlier, according to Ghana Chamber of Mines.
Ghana’s total gold output was also 4.1-million ounces in 2016, the highest level in nearly 40 years, up from 2.8-million ounces in 2015.
Its gold revenues for 2016 including exports from small-scale mining amounted to $5.15-billion up from $3.32-billion in 2015, according to Reuters.

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