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

Gemfields report: The future is bright for coloured gemstones in China

22 july 2020
Gemfields has launched its first-ever China-centric consumer insight report, which is focused on coloured gemstones in China – a very fast-growing market. The report findings makes it clear that the future is full of exciting opportunities in China, says a report in gemfileds.com.
The report, entitled ‘Sustainability-The Future of Coloured Gemstones in China’, reveals that there is strong demand for both rubies and emeralds amongst Chinese jewellery owners, with 35% planning to purchase the former, and 25% the latter. The company undertook extensive research, delving into the tastes and habits of Chinese consumers across various demographics, regions, cities and wealth levels, to reveal their preferences.
Gemfields also discovered that 97% of jewellery owners surveyed say they are willing to pay a premium for gemstones that have been responsibly mined. All of those surveyed, particularly the younger shoppers said it was important that the brand acts in environmentally and socially responsible ways.
The study also discovered that Chinese jewellery owners rank clarity, carat, colour and cut in this order when it comes to selecting a gemstone, and that Chinese consumers care, overwhelmingly, more about the gemstone itself than they do about its price. 
The company said that a large number of respondents also indicated that they are interested in coloured gemstones set in modern, contemporary jewellery designs. The current vogue for coloured gemstones and rising interest in corporate responsibility make now a perfect time for Gemfields to seize the day in China.

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