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

Angola invites SA companies to invest in local diamond sector

06 august 2018

news_06082018_angola.jpgAngola has invited major South African diamond companies to invest in the country, according to a media report.
Mining Weekly quoted Endiama strategic planning and minerals operations bureau head Laureano Paulo as saying during a visit by a delegation of South African businesspeople that their participation in Angola’s diamond industry would add value to the resource.
He said South African companies, which had a “great” tradition in the diamond industry, would assist in the exploration for, and exploitation of, new kimberlites.
Angola’s current national development plan, which was approved last April seeks to boost production to 13.8 million carats a year.
Angola produced 9.4 million carats last year.
This increase will be driven by the commissioning of various new mines, but particularly by the start of operations at Luaxe.
Luaxe, which had a reported reserve of about 350 million carats in the Luele Kimberlite pipe, would be commissioned this year.
The operation was projected to have a life-of-mine of 29 years.

Mathew Nyaungwa, Rough&Polished