Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

DPA welcomes FTC’s warning to lab-grown diamond sector

04 april 2019
dpa_logo.pngThe U.S. Federal Trade Commission had sent warning letters to eight lab-grown diamond (LGD) manufacturers on 2 April insisting that they distinguish in their jewelry advertisements between diamonds that come from mines and those made in laboratories.
The Diamond Producers Association (DPA), which represents mining companies like De Beers, Rio Tinto and ALROSA, welcomed the FTC insistence that companies distinguish between diamonds that are mined and those that are made in laboratories. In support of the FTC’s righteous step, the DPA has released a statement as follows:
“The DPA welcomes the FTC’s warning to synthetic diamond manufacturers against misleading consumers with their marketing tactics. This warning is an important step toward transparency and consumer protection.
It is now crystal clear that synthetic diamond manufacturers cannot use the word ‘diamond’ without qualifying it with an unambiguous descriptor about the manufactured origin immediately before the word ‘diamond’. It is also clear that the FTC will not tolerate unsubstantiated claims that synthetic diamonds are environmentally friendly in violation of the FTC’s Green Guides.
DPA will continue to support the FTC’s efforts to ensure consumers are protected.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished