The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

Unifying role is the main objective of the National Gemological Association

Yuri Shelementiev runs the Gemological Centre (GC) at the Moscow State University and is a president of the National Gemological Association (NGA) uniting the gemologists of Russia. The head of the MSU’ GC and the NGA answered the R&P’s...

15 july 2019

Leviev gets back stake in Zambian emerald mine

21 january 2019

news_21012019_leviev.jpgIsraeli diamond billionaire Lev Leviev has regained ownership of a 50 percent stake in an emerald mine in Zambia at the heart of a $50-million dispute, according to a media report.
Bloomberg reports Zambia’s Patent and Companies Registration Agency (Pacra) had reversed a decision to strip Leviev of his equity in Gemcanton Investments through his local unit.
Leviev’s lawyer, Dickson Jere, was said to have threatened to institute legal and criminal proceedings following changes to Gemcanton’s shareholding on December 31.
Pacra admitted in a letter seen by the news agency that it had “inadvertently accepted” the changes made last month and was now aware that disputing shareholders had an ongoing court case.
Wolle, a company owned by Abdoulaye Ndiaye, who built the Gemcanton mine before selling 50% to Leviev, had been in legal battles with Leviev’s company, which claims Ndiaye owes it more than $50-million, according to Bloomberg.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished