“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...


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

Diamond Foundry rises prices by an average of 15% across all channels

11 january 2019

Diamond Foundry announced raising prices by an average of 15% across all channels effective 1/1/2019.
"After careful monitoring of the market situation over the past months, we see demand increasingly outpacing supply," the company said. This is due to the increase in size and frequency that buyers in the diamond industry are wanting aboveground diamonds whereas the corresponding supply is not increasing at the same rate. 

Image credit: Diamond Foundry

Diamond Foundry also announced the addition of twenty-eight new diamond shapes to their current selection of offerings. Amongst the new cuts, there is the beautiful Keystone with clean lines and oversized proportions borrowed from a tapered baguette. Another truly unique new shape available in the new selection is the Sheild which perfectly embodies the physical properties that diamonds hold:  strength, luster, durability, and light.
Evolved from the Round Brilliant, the Regulus cut also features a total of 105 facets compared to the traditional 57 resulting in a stunning round that beams with fire, Diamond Foundry said.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished, Brussels