Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

21 december 2020

An opportunity to show your products and occupy your niche

Recently, GOLDNET.MARKET, the first jewellery wholesale marketplace, appeared on the Russian jewellery market. Vladimir Pilyushin, one of the founders of GOLDNET.MARKET, editor-in-chief of the ‘Russkyi Yuvelir’ (Russian Jeweller) magazine...

14 december 2020

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