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

Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

Be brave enough to embrace beneficiation, SA president tells mining companies

08 february 2019

South African president Cyril Ramaphosa has implored mining companies to embrace beneficiation as it encourages the expansion of industrial capacity, create employment and enable the extraction of greater value from mineral wealth.
He told delegates at a mining conference in Cape Town on Tuesday that most mining companies used to treat beneficiation as a swear word.
“They used to say we are miners and not [into beneficiation],” Ramaphosa said.
“Be brave enough and courageous to embrace beneficiation, let it not be a swear word [anymore].”
He said several companies had seen the logic of local beneficiation and were keen to work with government to develop downstream industries. 
South Africa hosts the world’s largest reserves of platinum group metals and manganese, and some of the largest reserves of gold, diamonds, chromite ore and vanadium.
The country’s minister of mineral resources Gwede Mantashe told the same conference on Monday that the decline in local jewellery manufacturing and diamond beneficiation was due to red-tape.
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.
South Africa produced 9,68 million carats in 2017 at an average price of $319 per carat, according to the Kimberley Process.

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