An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

15 october 2018

High technologies make it possible to create a product that can be obtained in natural stones only for very big money

Andrey Zharkov, having left the position of President at diamond mining company Alrosa, has established and headed the Ultra C company, which will be engaged in the production of diamonds from the reactor. In this interview with industry news agency...

08 october 2018

The once unorganised domestic jewellery sector in India is now growing

A veteran businessman, former Chairman of Gem & Jewellery Council (GJC), Bullion Expert, a third-generation jeweller born with a silver spoon (or was it gold?) in his mouth, a perpetual optimist … yes, the list could go on. As the first...

01 october 2018

India is poised to become a major fine jewellery market in the near future - Pramod Agrawal, Chairman GJEPC

Pramod Kumar Agrawal, the current Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a successful entrepreneur in his own right. Despite belonging to a jewellery business family, with his father dealing in gemstones...

24 september 2018

Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Lucapa lauds enactment of new diamond marketing policy in Angola

02 august 2018
news_02072018_lucapa.pngLucapa Diamond, which operates and owns the Lulo diamond project in Angola in partnership with Endiama and Rosas & Petalas, said a new policy regarding the marketing of the country’s diamond production has been formally enacted. 
Angolan President Joao Lourenco issued a decree last month to launch new marketing policies for the country’s diamond production.
Lucapa said it was advised Wednesday that the decree had been formally gazetted, thus bringing Angola’s new diamond marketing policies into law.
“The fact that President Lourenco and his Government have enacted the new diamond marketing laws so expeditiously is further proof that the Angolan diamond sector is open for business,” said Lucapa managing director Stephen Wetherall.
“As a company which has operated successfully in Angola for a decade, Lucapa congratulates President Lourenco and his Government and we look forward to implementation of the new policy as the Lulo partners continue to develop the Lulo concession.”
The new laws were central to Luanda’s drive to double the country’s diamond production by implementing more favourable investment and marketing policies designed to increase foreign investment in the diamond sector and grow its contribution to government fiscus.

Mathew Nyaungwa, Rough&Polished