Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

We live in a new dimension of environmental responsibility carried by business

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic...

18 november 2019

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

Malaysian national tries to smuggle $320k worth of diamonds into India

12 august 2019
A 48-year-old Malaysian national was detained by Air Intelligence Unit (AIU) officials at Chennai International Airport in Southern India while trying to smuggle in diamonds worth about $320,000, according to media reports.
The AIU team acted on a tip regarding the smuggling of diamonds from Malaysia. On searching the man and his bags, two bundles of diamonds on his person, and eight bundles of diamonds in his baggage were found.
In a press release, the AIU said: ‘On cutting the 10 bundles, totally 55 white mini ziplock pouches in which precious stones appearing to be diamonds were found concealed and same were recovered. Upon further inspection by a government-approved diamonds valuer, the stones were found to be diamonds of different cuts, shapes and colors, weighing a total of 2,996 carats and valued at more than $320,000. The man was promptly detained, and his precious cargo confiscated.’

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