Diamex Lab: Our technology allows you to trace the history of the origin of each stone

Gleb Sverdlov, CEO of Diamex Lab told Rough & Polished in his interview below about the development of IT technologies for the market of rough and polished diamonds and jewelry.

17 february 2020

The future of the market goes hand in hand with gemology

After 2019, a challenging year for the global diamond industry, we asked Yuri Shelementyev, head of the Moscow State University (MSU) Gemmological Center and president of the National Gemological Association (NGA), to share his views...

10 february 2020

Diamond industry in healthier position going into 2020

The diamond industry is in a healthier position going into 2020 due to actions taken last year, according to De Beers. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa that the actions taken included reducing rough diamond production...

03 february 2020

Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

27 january 2020

Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

20 january 2020

Red-tape stalling diamond beneficiation in South Africa – official

05 february 2019

The South African Diamonds and Precious Metals Regulator (SADPMR) was told by the local jewellery manufacturing and beneficiation industry that the decline in jewellery manufacturing and diamond beneficiation is due to bureaucracy, a government official has said.
The country’s cutting and polishing industry had declined from a peak of 4,500 two decades ago to as low as 300 in 2018.
 “The main concern raised by industry was the red-tape in processing of licenses,” minister of mineral resources Gwede Mantashe told a mining conference in Cape Town on Monday.
He said the SADPMR had, therefore, embarked on a project to prioritise and streamline the application processes. 
“The processing time has been reduced significantly, in order to encourage new entrants and investors to enter the local beneficiation industry,” said Mantashe.
The bulk of the country’s polished end-product was being imported and this had resulted in a massive decline in the local industry.
South Africa’s diamond production value jumped 147% in 2017 to $3.1 billion, according to the Kimberley Process.
The country produced 9,68 million carats in 2017 at average price of $319 per carat.

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished