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...

Yesterday

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

Angolan police detain pastor for illegal possession of diamonds

16 may 2019

Angolan police have arrested a pastor aligned to the Sinodal Evangelical Church of Angola (IESA) for the possession of 543 diamonds.
The unnamed 65-year old pastor was arrested in the central Bié Province following a tip off, according to Angop news agency.
The value of the stones was not ascertained.
Angola had since last year been conducting an operation, which seeks to combat illegal diamond mining and immigration.
Luanda had by November 2018 closed 279 diamond trading stores for not declaring their sales to the concerned state organs. 
The authorities also cancelled licences of 122 co-operatives engaged in diamond exploration. 
Police seized equipment used in the irregular exploration of diamonds. 
They confiscated just over $1 million, about R1 million and more than 12,000 carats of diamonds. 

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished