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...

Yesterday

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

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

Antwerp’s rough tenders thrive despite pandemic

13 january 2021
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Image credit: First Element


Antwerp’s tender houses have been thriving in 2020, enabled by quick adaptations and continuity of operations in the Antwerp diamond square mile, AWDC reports.
Antwerp is home to a critical mass of buyers as well as the largest concentration of tender houses and representative offices of mining companies, enabling the successful conclusion of nearly 100 rough tenders, and more than 10,5 million carats of rough diamonds sold via tenders in 2020, despite the pandemic and consequent travel restrictions.
“What is important to note when comparing to other markets, is the percentage of bids we receive that are highly competitive which in turn results in the highest possible prices achieved per lot. This critical mass of buyers and bids is a result of Antwerp’s inclusivity of all buyers from across the world as well as the diverse polishing skill of all categories present in the market,” Johan Erikson, First Element says.
 
Alex Shishlo for Rough&Polished