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

IDE opens trading floor after two months

25 may 2020

The Israel Diamond Exchange (IDE) returned to normal activity on Sunday with the opening of its trading floor, which had been closed during the last two month of lockdown. Starting May 24, the trading floor will operate under a new format, in compliance with government-mandated safety practices in the workplaces, according to a press release from IDE.
The trading floor has been divided into two areas – one for polished trading and one for rough trading. The number of traders allowed to sit on the floor has been reduced considerably and transparent partitions have been installed at each table. Traders must maintain a two-meter distance, must wear masks and sign a daily health declaration.
IDE Managing Director Eran Zini said, “We are very excited to reopen our trading floor, which is the heart and soul of the Israel Diamond Exchange. This marks a very significant return to “normality”, and symbolizes that the diamond industry is back in business. Still, we are very strictly enforcing government guidelines, since protecting the health and safety of our members is above all.”

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