De Beers’ GemFair delivering ‘positive impacts’ to ASM sector in Sierra Leone – David Johnson

GemFair, a pilot project developed by De Beers to create a secure and transparent route to market ethically sourced artisanal and small-scale mined (ASM) diamonds, is already delivering “important positive impacts” in Sierra Leone. Group head...

11 november 2019

Belgian-quality diamond boiling in Dubai from TRIGEM

Born in New York, David Zabinsky is CEO & Co-Founder of TRIGEM, an independent diamond service provider in Dubai. Before TRIGEM, David was Manager at Ras Al Khaimah Economic Zone, where he was responsible for securing North and South American investment...

05 november 2019

Pavel Shelkov: "Our project is an attempt to fit Russia into the global trend and create a new private company in the diamond industry"

At the end of September, Moscow hosted the Second Annual Conference, "Gold and Diamond Mining Companies of Russia and Europe." The audience showed great interest to the presentation made by diamond geologist Pavel Shelkov of Almazy Zapolyarya...

28 october 2019

The team that turns sleeping stones into beautiful polished diamonds

Maxim Zemlyakov is the Director General of ADMS OOO, a company cutting and polishing natural and synthetic diamonds in Oryol. He has been the Director General of Oryol-ALROSA since 2007. Before heading it, he worked as a grinder, cutter, instructor...

21 october 2019

Demand will pick up once the season starts

N Anantha Padmanaban took charge as the Chairman of the All India Gem & Jewellery Domestic Council (GJC) in January 2019. He has immense hopes and confidence in the Indian jewellery sector. His motto is to ‘ensure that after the day’s business...

14 october 2019

India’s cut and polished diamond exports down by 15.12% in May

26 june 2019
india_flag.pngIndia’s exports of cut and polished diamonds decreased by 15.12% year-on-year during the month of May 2019 according to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).
Exports of cut and polished diamonds recorded $ 1.88 bln in May 2019, a decline of 15.12% as compared to the $ 2.21 bn exported in May 2018.
Rough imports dropped during the month by 35.42% to $ 1.0 bln as compared to $ 1.55 bln imported during May 2018. In volume terms also, rough imports fell from 16.92 mn carats during May 2018 to 11.08 mn carats in May 2019.
Imports of cut and polished diamonds rose by 4.76% to $ 94.44 mln in May 2019 from $ 93.08 mn in May 2018.
Polished diamond exports during April – May 2019 were down 16.32% to $ 3.52 bln as against the $ 4.21 bn exported over the same period in 2018. Imports of polished diamonds fell by 17.05% to $ 172.07 mln as compared to $ 207.45 mln for the same period in 2018.
Import of rough diamonds showed a decline of 20.27% during the current fiscal year to $ 2.44 bln from $ 3.07 bln a year earlier. In volume terms, imports fell by 22.87% from 32.33 mln cts in April – May 2018 to 24.93 mln cts in the same period in the current fiscal.

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