GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Human Rights Watch: KP now ‘dysfunctional, lacks credibility’

25 november 2020
Image credit: Kimberley Process

The Human Rights Watch says the Kimberley Process Certification Scheme (KP), which seeks to prevent the sale of conflict diamonds, has increasingly become “dysfunctional” and lacks credibility.
It said in a report that KP's definition of conflict diamonds was too narrow.
"[The definition used] only focuses on rough diamonds sold by rebel groups seeking to overthrow a legitimate government," the Human Rights Watch said.
"[It ignores] a wide range of human rights issues related to state actors or private security firms.
"Because of this glaring loophole, a diamond certified as compliant under the Kimberley Process may still be tainted by abuse. That has happened in the case of diamonds from Zimbabwe and Angola. These diamonds continue to be KP-certified and reach the global diamond market."
The Human Rights Watch also said that KP applies only to rough diamonds, allowing stones that are fully or partially cut and polished to fall outside the scope of the initiative.
It said efforts to expand the definition of conflict diamonds had been resisted by countries such as Angola and India.
"Despite much discussion over the need to reform the Kimberley Process, and a third periodic reform process starting in 2017, almost no progress has been made to change the definition to ensure diamonds are abuse-free," said the Human Rights Watch.
"…as a result of this and significant concerns with implementation and enforcement, the scheme appears increasingly dysfunctional and has lost credibility as a safeguard against the abusive mining of diamonds."

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