The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

19 august 2019

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

RAPNET introduces jewelry trading

06 february 2019

RapNet, the world’s largest diamond trading network, announced the introduction of jewelry into its global trading network. RapNet members can now upload jewelry images and data, perform detailed searches, and directly trade jewelry with each other without any fees or commissions, the company said in a press release to this effect. There are no additional fees to use this service.
The addition of jewelry on RapNet provides significant added value to RapNet members and is expected to significantly expand RapNet’s membership and reach into the global jewelry trade. RapNet currently lists over 1.5 million diamonds valued at more than $7.4 billion, with members in 97 countries.
“In recent years our jewelry retailer membership has grown tremendously, and many traditional diamond suppliers have begun offering jewelry lines. The RapNet network now provides one platform that meets all their jewelry and diamond trading needs. We are excited that jewelry trading will take its place on RapNet, and we look forward to providing more opportunities for our members to increase their profits,” says Saville Stern, CEO of RapNet.

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