Willie Nagel, a gentleman, who would have the strength and stamina to deal with business leaders and politicians, passes away

By Alex Popov

Willie Nagel passed away on July 14th. Friday he was buried in Israel. I was flying from New York with a stopover in London when it happened. Being unable to be there and express my feelings to Adam and Toni, I would like to...

20 july 2021

Diamond industry's reaction to KP impasse

The Kimberley Process Civil Society Coalition (CSC) recently said that it is planning to approach the United Nations (UN) over the impasse on the redefinition of conflict diamonds and the principles of responsible sourcing. The CSC representative...

19 july 2021

Natural and LGDs are two segments of the industry that will have to learn to coexist together

Having now completed half a decade in the diamond jewelry exporting and wholesaling industry, Anmol Bhansali received formal training on Diamonds from GIA in addition to a lengthy training in jewelry wholesaling from the factories at Goldiam. He has...

12 july 2021

L'ÉCOLE Van Cleef & Arpels: our mission is to share the jewelry culture with as many people as possible

France has gradually begun to lift quarantine restrictions on places of cultural recreation, including museums starting from May 19, 2021. The world-renowned L'ÉCOLE, School of Jewelry Arts (L'ECOLE des Arts Joailliers) Van Cleef & Arpels...

05 july 2021

“I think LGDs will never be a threat to natural diamonds,” asserts Suresh Hathiramani, Managing Director, Facets Singapore

A diamantaire and industry expert with a deep knowledge of the gem & jewellery industry, Suresh Hathiramani is also a GIA trained diamond grader, researcher and writer about all things related to diamonds. His work experience stretches over 45 years...

28 june 2021

Lesotho auctions diamonds collected from illegal miners

22 june 2021
The government of Lesotho recently auctioned diamonds collected from illegal miners, according to media reports.
The country’s National Assembly passed a law last year that granted amnesty to people in possession of illegal rough diamonds should they declare them to the government.
The Southern Times reports that of the 493 diamonds auctioned, 140 were voluntarily handed over by the public while 353 were confiscated by the police.
The auction, which was held from May 27 to 29, attracted buyers from Netherlands, Israel and South Africa as well as the locals.
Mining Minister Serialong Qoo was quoted as saying that revenue collected from the forfeited diamonds would go to the state while proceeds from the stones voluntarily handed to the government would be paid into the holders’ bank accounts.
“I am very delighted that this day has finally come after it was initially delayed by the COVID-19 pandemic,” he said.
“This is a big move as parliament has now embraced the idea of letting Basotho mine with their picks and shovels legally.”
The passing of the Precious Stones (Prevention of Illicit and Theft of Diamonds) Regulations, 2020 was expected to clear illegal diamonds off the black market and paves way for the re-introduction of artisanal and small-scale mining (ASM) by the government.
Small scale diamond mining in Lesotho was first introduced in 1961 at Letšeng-la-Terai and later extended to Hololo, Kao and Liqhobong.
However, the government stopped issuing licences for small-scale mining in 2004 due to safety concerns since the sector was largely informal and unregulated.

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