India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

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Yesterday

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Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

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Russia’s export legislation is like a log on the road making it difficult to drive through

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11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

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04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

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25 february 2019

Pallinghurst changes name to Gemfields Group

28 june 2018
Pallinghurst Resources, a natural resources investment company, will soon be renamed as Gemfields Group, after investors voted Tuesday in favour of the name change.

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Image credit: Pallinghurst Resources


The new name would be used on the Johannesburg Stock Exchange (JSE) from July 11.
Pallinghurst had indicated plans to change its name last March due to the company’s increasing focus on coloured gemstones.
Company chairperson Brian Gilbertson said last April that they were planning to build their wholly-owned Gemfields into the “De Beers of coloured gemstones”.
He said then that they would support their mining operations with a “unique and industry-leading” auction platform, developments in proof-of-origin technology and have active marketing campaigns to drive demand for coloured gemstones.
Pallinghurst, said Gilbertson, had cut back on expensive international expansion ambitions to focus on optimising its two key mining operations, Kagem in Zambia and Montepuez in Mozambique.

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