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

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

Yesterday

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

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...

18 march 2019

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

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

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

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

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

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Botswana’s Okavango Diamond pilots GIA M2M

05 july 2018
The Gemological Institute of America (GIA) said Botswana's Okavango Diamond Company (ODC) is participating in its mine to market programme as part of a pilot initiative.
M2M was a digital platform that brings together GIA’s unique ability to scientifically match rough diamonds to the resulting polished gems with information from each step in the value chain that tells the compelling story of a diamond’s journey.
The institute said that a selection of ODC rough diamonds had been evaluated for its M2M programme and they would be offered at the company’s spot auction this month.
“The M2M platform allows ODC, and our customers, to finally share with the consumer the story of the proud heritage and history of Botswana's diamonds and the positive contributions they make to society,” said ODC managing director Marcus Ter Haar.
“This is an important step in confirming diamond provenance, which we anticipate will have benefits for our customers, retailers and ultimately consumers."
ODC, which had an access to 15 percent of Debswana's run-of-mine production, generates sales in excess of $500 million per annum.

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