Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Indian diamond firm to set up diamond center in Vladivostok - media

04 september 2019

KGK_Group_logo.pngKGK DV, a subsidiary of the Indian diamond company KGK Group LLC, intends to invest about 1.5 billion rubles in the creation of a diamond center in Vladivostok. The center will be created on the basis of an existing diamond factory, Interfax reports.
It said that according to the press service of the administration of Primorye, the governor of Primorsky Krai Oleg Kozhemyako signed an agreement with the general director of KGK DV LLC Ramani Vithalbkhai.
The agreement was signed as part of the 2019 Eastern Economic Forum, which takes place in Vladivostok from September 4 to 6.
In the new center will host several lapidary factories, Alrosa office, Gokhran of Russia and custom services. The project presumes the opening of a diamond exchange, the agency said.
It was previously reported that the Indian government is considering the Far East region as an opportunity for further large investments.
In 2018, diamond exports from the Far East amounted to 35.2 million carats sold for $ 2.88 billion, and in the first half of 2019, the turnover of Primorye with India increased by 22% compared to the same period in 2018 and amounted to almost $ 26 million.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg