Memorial Foundation of Carl Fabergé continues to fulfill its tasks

Valentin Skurlov, Ph. D., who is an Honorary Academician of the Russian Academy of Arts, professor, scientific secretary of the Fabergé Memorial Foundation, consulting researcher studying the Fabergé heritage at the Russian department of the Christie's...

30 march 2020

Gaetano Cavalieri: We need to protect the long-term health of our industry

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

23 march 2020

Sierra Leone mulls setting up entity to buy diamonds from artisanal miners

Sierra Leone will revise its Mines and Minerals Act that will, among other issues, pave way for the establishment of a State entity that can buy diamonds from artisanal miners, an official has said. The National Minerals Agency of Sierra Leone director-general...

16 march 2020

David Block, CEO of Sarine Technologies believes that AI will play a bigger role in the industry in the next few years

Armed with an MBA degree from the Kellogg-Recanati School of Business, and a Bachelor's degree in Computer Science from the Tel Aviv-Jaffo Academic College in Israel, David Block is the present CEO of Sarine Technologies, a worldwide leader in the...

10 march 2020

Botswana wants to fully participate in research and development led by De Beers

Although the government of Botswana has refused to review its latest demands from the ongoing negotiations for a new sales and marketing deal with De Beers, it has indicated its desire to fully participate in research and development led by the diamond...

02 march 2020

Stargems, Rachminov ink joint venture

12 march 2020

Stargems and A.A. Rachminov have signed a joint venture that will see the companies “pool” their respective sourcing and marketing resources.
“Our alliance will enable mother nature's gift to us to be sourced and manufactured by the people that should benefit from them and ultimately reach the right people who can appreciate and treasure these wonderful creations," Stargems chairperson Shailesh Javeri was quoted as saying by IdexOnline. 

Image credit: Capri23auto (Pixabay)

The partnership was said to take advantage of Stargem's rough sourcing capabilities as an accredited DTC buyer and A.A. Rachminov's 80-year reputation for polishing, marketing and distribution.
The stones will be sourced in South Africa and the bulk of the manufacturing will take place at Stargems' cutting facility in Johannesburg.
"We'll have the luxury to be present from the birth of diamond until it reaches our esteemed clients hand, enabling better value, top quality stones, and refined traceability,” said Ori Rachminov of Israel-based A.A. Rachminov.
“We only see incredible potential in this strategic partnership." 

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