“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

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

Gem Diamonds recovers 11th +100 ct stone since January

27 july 2018

Gem Diamonds has recovered a 100.5 carat, “top” white colour Type IIa diamond from its Letšeng mine in Lesotho.
It said in a statement Friday that the latest recovery was its 11th diamond of over 100 carats recovered this year.
Gem Diamonds chief executive Clifford Elphick said earlier this year that the frequency of large diamond recoveries was due to the ongoing technical improvements made at the Letšeng mine.
 The Lesotho Legend, a high-quality 910 carat, D Colour Type IIa diamond, recovered on 15 January and sold on 12 March for $40 million was the largest diamond recovered to date at the Letšeng mine.

Mathew Nyaungwa, Rough&Polished