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...

Yesterday

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

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

The Belgian “carat tax” exceeds expectations

15 may 2018

The taxes imposed on Belgian diamond dealers yielded 68.4 mn euros last year, as compared to the government's forecast of 50 mn euros in 2017 and to the country’s revenue of 51.2 mn euros in 2016, reports Le Soir.be.
Belgian Minister of Finance Johan Van Overtveldt said that the amount could still see the rise as the numbers concerned only advance payments.
The diamond dealers payed the normal tax of 33.99% in 2017 and only 0.55% to 2.1% on their revenues, depending on the number of taxes they could deduce.
Before the taxes were imposed, the industry had paid only about 20 mn euros to the tax administration of the country.

Victoria Quiri, Rough&Polished, Strasbourg