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

Prospects for discovering new diamond deposits in the Arkhangelsk Province are far from exhausted

ALMAZINTECH is engaged in technical auditing and comprehensive assessment of activities performed by exploration, diamond mining and gold mining businesses in Russia and other countries, as well as carries out research and development. It employs highly...

07 october 2019

Botswana Diamonds eyes expansion of Thorny River to include Marsfontein – Campbell

Botswana Diamonds, which has a 40% stake in Thorny River, through Vutomi, said there are plans to expand the project located in South Africa to include Marsfontein once a mining permit for the latter has been awarded. Company managing director James...

30 september 2019

Diamond knife and tender system: The tight-fisted paying twice?

LLC Kristalin is the only company in Russia that manufactures microsurgical diamond blades for domestic healthcare that meet international requirements and are used in ophthalmology, neurosurgery and plastic surgery. Mikhail Zhiltsov, the company’s Deputy...

23 september 2019

Didier Giard: Stiff competition among the diamantaires is one of the factors of the price war

On September 9, 2019, the French Association of Gemmology (l’Association Française de Gemmologie, AFG) held its regular Paris Gemmological Rendez-Vous. Its organizer, Didier Giar, the head of the AFG kindly agreed to answer questions from Rough&Polished...

16 september 2019

Rio Tinto celebrates its 30-year Indo-Argyle partnership

01 july 2019
news_06072018_riotinto.pngCelebrating its diamonds business in India, mining giant Rio Tinto celebrated its 30 years of extraordinary Indo-Argyle partnership in India, with a tribute in Mumbai recently, according to a press release from Rio Tinto.
At a celebratory dinner for its customers and diamond industry partners, Rio Tinto’s management reflected on the groundbreaking partnership that began with the first influx of diamonds from the Argyle diamond mine in Western Australia in the 1980s. Alan Chirgwin, Vice President of sales and marketing for Rio Tinto’s Copper & Diamonds business said, “Our Mumbai office was opened in 1989 in recognition of the growing importance of India as a major trading partner and diamond cutting centre. The Indo-Argyle relationship has thrived on mutual respect and understanding. It gave the owners of Argyle considerable assurance, in June 1996, that it could take the lonely path of being the first diamond producer to independently market all of its production.”
Rio Tinto initiatives undertaken in partnership with the Indian diamond industry include the ‘Indo Argyle Diamond Council’ in 1993 to create awareness and acceptance of Indian-made diamond jewellery in the US. More recently, Rio Tinto’s Australian Diamonds initiative in India has delivered a leading-edge tracking system for Argyle diamonds, developed in collaboration with downstream partners, for monitoring the movement of Rio Tinto’s rough Australian diamonds from their source at the Argyle mine through to finished jewellery.
Vikram Merchant, director of Rio Tinto’s diamond sales and marketing business in India said, “Thirty years ago, very few people would have predicted that India would become the powerhouse of the diamond industry that it is today. Rio Tinto is proud of the role of the Argyle diamond mine in this development and equally proud of the Indian diamond industry’s role in unlocking the beauty and value of our diamonds.”

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