Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

Yesterday

Today’s customer needs an offer of something unique that others do not have

Oksana Senatorova is the publisher of the Jewelry Trade Navigator magazine and the founder of the Jewellery Business Academy.
She graduated from I. M. Sechenov Medical Academy and the Faculty of Psychology of Lomonosov Moscow State University...

09 january 2020

Inventories accumulated by De Beers, ALROSA to put ceiling on prices near-term even if demand substantially picks up – Zimnisky

As we are in the last month of 2019, it is prudent to examine what the diamond industry went through and the possible trajectory in the upcoming year. Industry expert, Paul Zimnisky spoke with Rough & Polished’s Mathew Nyaungwa to discuss this and other...

30 december 2019

Empowering customers and engaging more with our stakeholders is the new Mission

The unassuming Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports Pvt Ltd (SRK) is not just an ace businessman but a noted philanthropist. He has contributed immensely to social welfare with special focus on education … a noteworthy...

23 december 2019

‘Dubai has proven to be a great port for diamond tenders’

Stargems, which was established by Shailesh Javeri in 1981, has been involved in the trading of rough diamonds and is now also into manufacturing, wholesaling, retailing, tendering of diamonds and diamond jewellery. Although, the company has operations...

16 december 2019

Lucapa’s Lulo targets 30k ct in 2020 as it moves to flood plain blocks

10 september 2019

news_02072018_lucapa.pngLucapa Diamond is projecting output at its 40%-owned Lulo mine, in Angola to improve in the second half of the year following the move to flood plain blocks which are expected to produce average grades much higher than those achieved during the first half.
Lulo’s first half production totalled 7,236 carats and included 216 +4.8 carat stones.
Lucapa said in a presentation delivered last week at Africa Down Under Conference that it is targeting an annualised increase to 30 000 carats in 2020.
Production volumes will be boosted by the arrival of a new fleet of Volvo and Caterpillar earthmoving equipment, comprising six excavators, eight trucks and three bulldozers.
The new fleet, it said, is part of the Sociedade Mineira Do Lulo (SML)-funded $12 million expansion of alluvial mining operations.
SML held a 3,147 carat diamond inventory at the end of the June half, which included the 46 carat pink held over from sale earlier in the year.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished