Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

25 october 2021

Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

Mumbai’s BMC closes MDMA’s trading hall in BDB

20 march 2020

The Brihanmumbai Municipal Corporation (BMC) closed down the diamond trading hall of Mumbai Diamond Merchants Association (MDMA) at the Bharat Diamond Bourse (BDB) in Mumbai on Thursday 19 March ’20, according to TOI.
The MDMA hall has been shut down by the Maharashtra police as a precautionary measure in wake of the rising coronavirus cases in Mumbai.
The trading activity has been suspended until further notice. There will be no trading of diamonds until further notice. The decision was taken by the BMC to prevent the diamond traders from gathering in large numbers at the hall.
According to sources, this will impact diamond trading in Surat’s diamond markets. The diamonds are sent to BDB for trading and dispatch to the foreign countries. The diamond merchants in Mumbai won’t be able to trade diamonds which in turn will impact Surat traders also.

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