“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...

18 march 2019

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

Founder of Mercury Diamond Global Tracker ™ dies in Paris

04 march 2019
ehud_arie_laniado.pngEhud Arie Laniado, a diamond trader and the founder of Mercury Diamond Global Tracker ™ (MDGT ™) died last Saturday in a Paris clinic at the age of 65, local mass media say.
Laniado started to work in the diamond industry in his 20s and became immersed in studying the formation of diamond prices, as a result of which he accumulated a large body of data during the more than 40 years of observations, which allowed him to create and publish a price index for polished diamonds on a monthly basis. Mercury Diamond Global Tracker ™ has become an important source of pricing information for industry members, being based on real data from a wide range of diamond manufacturers, traders and retailers, thereby contributing to greater market transparency.
Laniado was the head and founder of a number of international businesses engaged in diamond exploration, mining, manufacturing, trade and consultancy in diamond capitals such as Mumbai, Tel Aviv, Hong Kong and New York.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg