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

Endiama plans $200mln investment to boost Angola diamond output

03 december 2019

logo_endiama-2.pngAngolan state-owned diamond mining company, Endiama is set to inject $200 million into its operations next year to lift national output from 11.3 million to 13.8 million carats.
Company chief executive Laureano Paulo was quoted by Angop news agency as saying that investments previously made saw the company producing 6.1 million carats in 2017, 8.8 million in 2018 and is expected to realise an output of 11.3 million carats this year.
He said Endiama will invest $1 billion over the next five years.
Paulo said the financial needs for the company will likely rise to between $2 billion and $3 billion per year as new projects come on stream.
The Angolan Development Bank and VTB Africa, which is part of the Russian group VTB, were among the few financiers of the diamond sub-sector in Angola.

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