Sourcing of rough in India through online tender system helpful amid COVID situation

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India has been appointed the President of The Southern Gujarat Chamber of Commerce & Industry (SGCCI). He is also...

30 november 2020

Cultivating demand for natural diamonds

CIBJO, the international jewellery confederation, hosted a webinar last month on cultivating demand for natural diamonds. CIBJO had been holding a series of webinars on the impact of the COVID-19 pandemic. The webinar examined ways to cultivate demand...

23 november 2020

Deljanin and Simic: We do not think laboratory diamonds are threat to natural diamonds

Gem and jewelry industry experts Branko Deljanin and Dusan Simic have completed the 3rd edition of their best-selling book, Laboratory-Grown Diamonds - Information guide to HPHT and CVD-grown diamonds. Deljanin and Simic are diamond researchers with...

16 november 2020

Kapu Gems: Limited diamond manufacturing increases demand

After completing the commerce degree B. Com, Kalpesh D. Vaghani ventured into the family business. His understanding of the market, diamond intricacies and the global standards technology utilization helped him create a niche for himself. An entrepreneur...

02 november 2020

Chris Del Gatto: “We provide capital to smart companies”

Chris Del Gatto, CEO & Co-Founder of DELGATTO Diamond Finance Fund L.P., a New York-based non-bank lender to the diamond and jewelry industry, started his career as a diamond cutter when he was just 17. In his early 20’s, Chris went on to co-found...

26 october 2020

Angolan police seize 147-carat diamond

15 september 2020
Image credit: jorono (Pixabay)

Angolan police have seized a 147-carat diamond as part of its Operation Transparency in the Lunda Norte province, according to the local media.
State-owned Angop news agency reports that an Angolan citizen and a foreign national had since been arrested.
No further information was given concerning the source of the diamond or its value.
Angolan police recently seized several equipment used in illegal diamond mining in the eastern Lunda Sul province.
They detained 41 illegal diamond miners in the Samusseleca, Saurimo municipality.
Angola also reported in July that it seized 462 diamonds in May and June in Lunda-Norte Province.
Of the diamonds seized, 200 (46, 8 carats) were valued at $9 million, while the value of the other 262 stones was yet to be established.
Operation transparency was launched in December 2018 to combat illegal diamond mining, illegal immigration, administrative infractions, among other things.  
More than 6500 diamonds were seized in 2019 under the operation.
At least 19 vehicles and $275,000 were also confiscated while 147,379 foreign citizens were deported for illegal immigration.

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