Diamonds: A cocktail of optimism, pessimism in the midst of Covid-19 pandemic

Rough & Polished’s Mathew Nyaungwa recently attended a webinar organised by CIBJO Communications to examine consumer demand at the time of the Covid-19 pandemic, importance of data, financial models and lab grown diamonds. The webinar, chaired by Edward...

Yesterday

How Russkiye Samotsvety is coping with the current downturn

One of the key issues facing most Russian companies today is the need for an objective assessment of the new consumption decline due to the quarantine, as well as making forecasts for a way out of it. According to a RBC-Petersburg’s study made in June...

03 august 2020

Global rough diamond sales down 80-90% in value in Q2 –Zimnisky

The COVID-19 pandemic, which is spreading across the globe, having originated from China’s Wuhan has left diamond traders and buyers at sixes and sevens. Traditional diamond tenders were cancelled around March as governments imposed travel restrictions...

27 july 2020

Indian diamond and polishing industry requires forward integration - Dinesh Navadiya

Dinesh Navadiya is now the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India for the 3rd term. He is also the Director on the Board of the Gem & Jewellery Skill Council of India (GJSCI)...

20 july 2020

GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

DDI, RESOLVE in programme merger to promote responsible sourcing of diamonds

27 july 2020
Diamond Development Initiative (DDI) and RESOLVE, an early pioneer in the field of environmental conflict resolution, have joined forces in a programme merger to bolster both organisations’ capacity to support the responsible sourcing of artisanally mined diamonds and other minerals.
The two non-profit organisations will integrate their programmes, including those on responsible mining practices and standards, post-mining land use, support for livelihoods, reclamation, and restoration.
"The jewellery industry needs the essential work of DDI,” said DDI deputy chairperson Stephane Fischler, who is also joining the RESOLVE board of advisors.
“This new partnership is timed to bring the industry and stakeholders to a shared vision of diamonds that support peace, livelihoods, and care for the environment."
DDI is a leader in the transformation of the informal diamond mining sector in Africa to more formal, efficient, and environmentally responsible approaches.
RESOLVE is a co-creator of the CRAFT Code for artisanal mining, a voluntary open-source standard that is gaining traction in the artisanal mining sector.

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