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Botswana Diamonds’ Campbell on Zim jaunt: We are interested in Kaapvaal Craton

Botswana Diamonds and Vast Resources, recently signed a memorandum of understanding to prospect for diamonds in Zimbabwe. The two companies will exchange information derived from past exploration on areas prospective for diamonds in the southern African...

09 july 2018

“Every Forevermark diamond has a unique inscription number which is an assurance that the diamond is beautiful, rare and responsibly sourced,” says Sachin Jain

Sachin Jain, President-Forevermark, joined the company - a wholly owned subsidiary of the De Beers Group - as the Head of Retail in 2010. He was swiftly promoted to the Managing Director in 2011… to later become the President in year 2013. Sachin started...

02 july 2018

In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

25 june 2018

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

China will have its large diamonds polished in Israel

04 july 2018
A new manufacturing facility that the Israel Diamond Exchange (IDE) and Israel Diamond Institute (IDI) are now building within the IDE complex will polish large diamonds from China.
IDE President Yoram Dvash and Shanghai Diamond Exchange (SDE) President Lin Qiang met last week to sign a historic MOU between the two bourses that will help the two countries cooperate, including making available offices and spaces for trading, easing the way for members of each bourse to join the other, and allowing participation in courses given by each of the exchanges. Under the agreement the countries will help each other develop their diamond industries.
“This is a very unusual situation, whereby Chinese diamantaires will send their large diamonds to be polished in Israel. It is testimony to the well-known expertise of the Israeli polishers and the technological advances of the industry here,” said IDE President Yoram Dvash. “The establishment of our new polishing plant for large stones is part of the technological revolution we are implementing at IDE, which includes the launching of the largest online store in the world for selling diamonds. Technology is the way to lead the industry on a successful path to the future, especially in light of the recent challenges we have been facing.”
IDE and IDI are investing over $3 million in building the new plant for polishing large diamonds, which will be the most technologically advanced facility in the world.    

Victoria Quiri, Rough&Polished

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