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 polished diamond export dip 18% in July; rough imports down 34%

13 august 2019
gjepc_logo_news.pngExports of cut and polished diamonds stood at $ 1.50 bln, a decline of 18.29% as compared to the $1.83 bln exported in July 2018, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).
Rough imports declined during July by 34.24% to $ 1.09 bln as compared to $ 1.67 bln imported during the previous July.
Imports of cut and polished diamonds declined 14.42% to $ 114.01 mln in July 2019 from $ 133.22 mln in the same month a year earlier.
Rough exports during the month of July declined 6.77% from $99.90 mln in 2018 to $93.20 mln in July 2019.
Polished diamond exports during April-July 2019 were down 17.54% to $ 6.74 bln as against the $ 8.30 bln exported over the same period last year.
Rough diamond exports during Apl-July 2019 recorded $4.50 bln as against $6.26 bln in Apl-July 2018, registering a decline of 28.03%.
During April-July 2019, import of rough diamonds showed a decline of 28.03% to $4.50 bln from $6.26 bln during the same period a year earlier.
Imports of polished diamonds too fell by 18% to $ 392.48 mln as compared to $ 481.77 mln for the same period of the previous year.

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