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

AWDC webinar participants expect the diamond jewelry market to return to normal by the end of 2020

30 april 2020

awdc_logo.pngFifty-one percent of the AWDC webinar participants expect the diamond jewelry market to return to normal by the end of 2020. 
They discussed the current diamond market dynamics, needed steps and a glimpse into the future with Edahn Golan. 
The poll also shown the expectations that the market situation will improve by mid-2021.
Asked, if they are planning to spend more or less on marketing, than they did in the past, 60% of participants said that they plan to spend more. Another 38% intend to spend 25% more.
As regards their inventories with polished diamond prices falling, 62% of the event attenders answered that they are planning to sell low to acquire cash flow/liquidity. Thirty-eight percent are ready to hold on to stock and wait for the market to improve.

Alex Shishlo, Editor of the Rough&Polished European Bureau