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...

Today

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

SODIAM employees nabbed for swapping diamond parcels

18 june 2020
Several SODIAM employees were arrested and arraigned before court in Angola’s capital after they allegedly swapped diamonds in parcels already sold and ready to be dispatched to customers.
Sources in Luanda told Rough & Polished that the accused allegedly replaced expensive stones with cheaper ones.
Rough & Polished contacted SODIAM for a comment and it was yet to respond at the time of publication.
Angola had of late been revamping its diamond trading system.
It introduced new diamond sales modalities such as sale by contracts (sights), tenders and spot.
The diamond sales are conducted through the state diamond trader, SODIAM.
SODIAM revealed earlier this year that 12 purchase and sale contracts had been signed since last year, including four polishing factories.
The contracts were valid for two years and will remain in force until the end of the first half of 2021.

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