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

Lab-grown diamond jewellery exports from India to capture 2% of US market

14 august 2019
It is estimated that jewellery made from lab-grown diamonds is likely to capture over 2 per cent of India’s $14 bln worth of overall gems and jewellery exports to the US. This year exports of LGD jewellery is likely to be around $280 mln, according to a report in Business Standard.
The report said that Shashikant Dalichand Shah, Chairman of The Lab Grown Diamond and Jewellery Promotion Council expressed optimism of the US market as Indian exporters have recorded an increase in orders from the United States for the ensuing festive season including Christmas, New Year and Women’s Day. “We estimate lab-grown diamond jewellery will capture 2 per cent of the US market share from overall exports of gems and jewellery to the Unites States,” he added.
Apart from the US, India exports its lab-grown diamonds to France, Italy and Australia apart from other European and Asian countries, in small quantities. While Indian jewellery manufacturers import large lab-grown rough diamonds from the US, they import smaller size lab-grown rough diamonds from China.

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