“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

Angola to open an Industrial Development Hub focused on diamond industry

29 december 2018
Angola intends to open an Industrial Development Hub in 2019 in Saurimo, Lunda Sul, says Macauhub. 
The agency quoted Diamantino Azevedo, Angola's Minister of Mineral Resources and Oil, who announced on Thursday that the project had been worked out by Endiama, the state-owned mining and processing company in collaboration with Sodiam, the state-owned diamond marketing company.The project is currently in the advanced stage of creation.
According to the report, Azevedo added that the hub would comprise of a cutting and polishing center, training centres and other industrial organisations.
Previously, IDEX Online reported that Sodiam intended to launch a second polishing center in Saurimo in February 2019. 
According to the reports, the polishing center will initially cut about 4,000 ct of diamonds per month. There is currently only one polishing factory in Angola. 

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg