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

De Beers gives buyers additional flexibility as it expands digital selling presence

11 may 2020

de_beers_group_logo.pngDe Beers’ Group Auctions has introduced a new selling proposition known as the Buy Platform, which will give its registered buyers access to diamond purchases at any time in light of the current COVID-19 situation. 
The new selling proposition, it said, is an e-commerce offering where registered buyers can make an immediate, direct and straightforward purchase from a range of rough diamonds at any time and from anywhere, providing them with a further purchase option in addition to the existing limited-time auctions offering. 
“We are constantly seeking additional ways of meeting our customers’ needs in a fast-moving world, and we are excited to launch the Buy Platform as it will provide an additional easy-to-access channel for our registered buyers to source what they want and when they want,” said De Beers’ Group Auctions head of product development and sales, Alastair Bickerstaff.
The group had previously reduced the flow of diamonds downstream as most of its mines suspended production to prepare for the coronavirus and are now operating or preparing to operate at far lower levels than normal. 
It also cancelled Sight 3, provided its Sightholders with 100% flexibility to defer their purchases.
It has also cut its production forecast this year by seven million carats than initially planned.

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