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

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Rio Tinto celebrates opening of new diamond pipe at Diavik

21 august 2018
news_06072018_riotinto.pngRio Tinto celebrated on Aug 20, the opening of a fourth diamond pipe, known as A21, at the remote subarctic Diavik Diamond Mine in Canada.
The A21 pipe is located adjacent to Diavik’s existing mining operations at Lac de Gras. First ore was delivered in March and the pit is expected to be at full production during the fourth quarter of 2018.
Diavik Diamond Mines president Patrick Boitumelo said, “Our people can take great pride in their achievement to safely bring the A21 pipe from development to commercial production. This new pipe is great news for the Northwest Territories and will help to deliver economic and social benefits that will endure beyond the life of the Diavik mine.”

Aruna Gaitonde, Editor-in-Chief of the Asian Bureau, Rough & Polished