Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

DDI is celebrating 10 years

12 january 2018

For 10 years, the Diamond Development Initiative (DDI) has been working to transform artisanal diamond mining into an economically viable, socially and environmentally responsible activity that will benefit miners, their communities and their governments, and consequently, the diamond and jewelry industry.
Through DDI's innovative and effective programming, more than 200,000 miners have been registered in the DRC, 10 miners' cooperatives have been formed and legalized, 121 children in mining communities have been given access to remedial education, 13 mining operations have been certified compliant to the Maendeleo Diamond Standards in Sierra Leone, and several previously mined sites have been environmentally rehabilitated. Ethical artisanally-mined diamonds have now reached the international market.
Artisanal miners, especially in the DRC and Sierra Leone, are benefitting from registration, licensing, training and access to markets. Mining operations are safer and more environmentally-friendly.
DDI will celebrate these milestones with a series of events in 2018. To kick off the festivities, DDI was recognized on January 8 by the Dali Diamond Group at a gala for their 50th anniversary, in Antwerp, Belgium.

Alex Shishlo, Editor of the Rough&Polished European Bureau in Brussels