Unifying role is the main objective of the National Gemological Association

Yuri Shelementiev runs the Gemological Centre (GC) at the Moscow State University and is a president of the National Gemological Association (NGA) uniting the gemologists of Russia. The head of the MSU’ GC and the NGA answered the R&P’s...

15 july 2019

“Our goal is to bring clarity to the offering of Lab Grown Diamonds”, asserts Chris Casey, President, Lab Grown Diamond Council

Chris Casey is a 15-year veteran of the diamond and jewelry industry.  Chris also has extensive experience in market research as Founding Managing Director of the NPD Diamond and Diamond Jewelry Service where his responsibility included the...

08 july 2019

Dr. Michael S. Krzemnicki: Our dedication to scientific research is an important foundation to our expertise

Dr. Michael S. Krzemnicki, PhD, Director of the Swiss Gemmological Institute SSEF, in an interview with R&P told about the activities and plans of one of the world's leading Gemological laboratories specializing in scientific research of diamonds...

01 july 2019

“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

24 june 2019

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

‘Manthan 2019’ kicks off in Mumbai with enthusiasm

03 july 2019
The All India Gem & Jewellery Domestic Council’s (GJC)  flagship event ‘Manthan - Gems & Jewellery Conclave 2019’ to be held on 2 & 3 July was launched at Hotel Sahara Star, Mumbai. Over 1,000+ attended the event, as the heavy rains in Mumbai failed to dampen the enthusiasm of Day 1 of ‘Manthan 2019’, with keywords by corporate India speakers where Customer first; Values; Culture Compliance; Technology adaption; Market development and so on.

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Image credit: GJC

Speaking on the subject of the creation of world-class institution, Vikram Limaye, MD & CEO, NSE, said that NSE overcame several challenges by adaption of technology etc but said these are relevant to jewellers too. He also mentioned that NSE is keen to develop a Gold Spot Exchange with the right structure. Kewal Handa, Chairman, Union Bank of India, said that bankers are not averse to lending to jewellers. Trust & Transparency are the keys – he said. He said that the gems & jewellery sector should take inspiration from other industries such as the pharmaceuticals industry, which reformed themselves and set up systems and processes for getting more organised. Biju Patnaik, EVP, IndusInd Bank, said that gems & jewellery business funding is complex. The primary collateral is stock and it is more about inventory financing as the collaterals are moving stock - don’t remain with the lender.
Anantha Padmanabhan, Chairman, GJC, said, “Inspirational leaders from corporate India reinforced that customer is always right. Anything is possible for jewellers if they conform to their family values and traditional business practices while incorporating change management of the present for a better future. Manthan is the churning of thoughts, vision and insights, which will result in a new mindset, mission and ethos. Manthan led to a lot of self-belief, self-confidence and self-worth amongst jewellers leading to believe in ‘Whatever It Takes’ motto for being successful in business despite all odds.”

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