“With technology all information is immutable and Blockchain cannot be compromised,” reassures Erik Jens, CEO, LuxuryFintech

When Erik A Jens quit ABN AMRO as global CEO of its diamond and jewellery client division, he started his movement called LuxuryFintech, which provides services such as commercial and corporate banking solutions for the art and jewelry sector, and asset-backed...

Yesterday

Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

18 january 2021

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

Indian diamond industry panics as ‘Angadia’ firm goes bust in Surat

19 june 2020
The Indian diamond manufacturing sector, which is currently working with just 30% workers, and yet to resume full-fledge operations is now facing another major issue with a leading ‘angadia’ firm (courier agency) in Surat going bust.
The speculations began after the owners of the firm went underground shutting their offices in Surat, Mumbai, Bhavnagar, Amreli, Rajkot, and other places on Thursday. Also, the firm’s owners supposedly owe huge amounts to more than 100 clients from the diamond industry in Surat and Mumbai.
According to an office-bearer of Surat Diamond Association (SDA), the firm in question is a leading name in the industry with accounts of many big diamantaires. It has come as a shock for the industry during a time when the sector is severely hit by the coronavirus pandemic.

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