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...

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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

Stargems’ historic tender of Angolan goods rakes in over $17m in India

22 june 2020
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Image credit: Stargems

Stargems conducted a historic diamond tender of Angolan goods last week in Surat, India, which proved to be a resounding success despite the Covid-19 pandemic.
Company managing director Bhavesh Javeri told Rough & Polished that they sold 193 lots for just above $17.6 million out of the total 211 lots offered.  
He said 66,212.79 carats were sold at an average price of $266.36 per carat.
“The tender was a big success, over 175 companies viewed the goods and over 125 companies submitted their bids,” said Javeri.
He said this was the first time that they had conducted a diamond tender in Surat due to Covid-19 travel restrictions.
Their tenders are usually held in Dubai.
Stargems last conducted its diamond tender in February, before Dubai was placed on lockdown.

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