MIUZ Diamonds - diamonds with a century of history

Moscow Jewellery Factory (MIUZ) has always been famous for its craftsmen winning prizes and obtaining the diplomas of “the best enterprise in the jewellery trade”. One of the oldest factories in Russia has two interesting news: about its recent...

21 june 2021

Lab-grown diamonds and jewellery are the future, says Liu

As the founder of the Diamond Little Star® brand, Liu Jiangjiang is actively involved in various business activities. He founded the Lab Grown Diamond Research Centre and the Lab Grown Diamond Club in China. At the same time, he is also the General Counsel...

14 june 2021

Pandora’s endorsement of lab-grown stones will not devalue natural diamonds – Zimnisky

Jewellery retailer Pandora recently announced that it will no longer purchase natural diamonds as it had switched to lab-grown diamonds. However, diamond market analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that...

07 june 2021

“The volume of Forevermark diamonds that we drive through Indian partners is much higher than in other parts of the world,” says Sachin Jain

Sachin Jain has been a part of the Indian arm of De Beers that dates back to 2010 when he came on board as Head of Retail. In year 2014 he took over as President of Forevermark and today he is the Managing Director of De Beers, India. His single-minded...

31 may 2021

GSI's new Jaipur office to specialize in colored gemstones

Gemological Science International (GSI) has opened a new laboratory in Jaipur, India. Since this state is the capital of colored gemstones, the laboratory will have a dedicated division specializing in colored gemstone geographical origin and...

24 may 2021

COVID-19 pandemic fails to affect jewelry hallmarking in Russia

07 april 2021
The hallmarking of jewelry in Russia in 2020, despite all the difficulties associated with the COVID-19 pandemic, was carried out without failure, continuously. This was stated by Russian Finance Minister Anton Siluanov at the conclusive meeting held by the Collegium of the Federal Assay Chamber on March 31, 2021.
The minister said that the main task of the Federal Assay Chamber for 2021 is to digitalize the market trading in precious metals and precious stones through commissioning the state information system for controlling the turnover of precious metals, stones and products made from them. The second task is to protect consumers and the market as a whole from counterfeit goods smuggled into the country.
Using a mobile application, people will be given access to information disclosing the provenance of precious stones and the quality of metals from which jewelry pieces are made.
According to Siluanov, the new reality of 2020 has created an incentive for the development of online jewelry trading. This was also facilitated by the decision taken at the end of 2019 to legalize online sales of such products, which allowed last year to maintain trade at the level of previous years.
Siluanov also noted the need to prepare a solution to simplify state control over the export of jewelry, including remote trading.
In turn, the head of the Federal Assay Chamber, Yuri Zubarev said that to stimulate the export of jewelry made in Russia it is necessary to provide a possibility for exporters to choose the method of hallmarking that is most suitable for the market of the country to which such jewelry goods are exported.

Alex Shishlo for Rough&Polished