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

Indian diamond manufacturers urged not to import rough diamonds in June

05 june 2020

At present, about 30 per cent diamond manufacturing units in Surat have resumed operations, due to shortage of workers. Most of the workers have already left to their native places due to the COVID-19 crisis, and not likely to return in the next couple of months.
Last month, diamond industry leaders, through a letter to industry members of the Gems and Jewellery Export Promotion Council (GJEPC), had urged diamond manufacturers to avoid rough diamond import during the month of June.
In the past, the Surat diamond industry’s rough diamonds import was to the tune of $19 bln per annum. At present, polished demand has also been badly affected by consumer countries like USA, Europe, UAE and Hong Kong. Facing this scenario, it is predicted that India may reduce rough diamonds imports for the next few months. 
According to reports, De Beers and ALROSA, the world's largest diamond mining companies, have decided to cut diamond production due to the subdued demand from India.

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