Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

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

Mob disrupts Gemfields’ Ethiopian operations

04 july 2018
news_04072018_palling.pngPallinghurst, which will be renamed Gemfields next week, said a mob between 300 and 500 people overran the operations of Web Gemstone Mining (WGM), an Ethiopian company in which the emeralds miner holds a 75 percent interest.
WGM holds an emerald exploration licence with a total concession area of 200km2 with 27 kilometres of potential emerald-mineralised strike length.
It said while the motive of the mob remained unclear, it was believed that they may have been spurred by a faction seeking a portion of WGM’s licence.
“WGM is liaising with local and national authorities and has been advised that local authorities have since secured WGM’s residential camp and mine offices, as well as the camp used by WGM’s contractors,” Pallinghurst said.
“WGM understands that the bulk sampling operation is yet to be secured.”
Gemfields acquired its stake in WGM in February 2015.

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