African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

Diamantaire Leo Schachter passes away

14 may 2019

news_14052019-leo.pngYitzhak Arie (Leo) Schachter, a prominent Israeli diamantaire and founder and owner of Leo Schachter Diamonds, passed away on Saturday, May 11, 2019, as per media reports.
Schachter was born in Brooklyn, New York, in 1924. He established Leo Schachter Diamonds in New York in 1952. Gradually, his company became a diamond empire, engaged in all stages of the supply pipeline, from diamond manufacturing to jewelry setting. For four decades, Leo Schachter Diamonds has led the list of top Israeli exporters.
“Leo Schachter was a Zionist”, said Boaz Moldawsky, Chairman of the Israel Diamond Institute (IDI), “His Zionism has led to the establishment of one of the most prominent companies in our industry. For years, Leo Schachter Diamonds has employed hundreds of workers in Israel and contributed to the prosperity of the Israel diamond industry and the Israeli economy. Despite its global scope, the company kept its family-style management in Israel. I send my sincere condolences to Leo’s family for their loss”.
Leo Schachter’s funeral was held on May 12.

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