Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

25 october 2021

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...

18 october 2021

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

DMCC announces Ambassadors of WDC’s System of Warranties

22 september 2021
DMCC has announced that its Executive Chairman and Chief Executive Officer, Ahmed Bin Sulayem, and its Special Advisor - Precious Stones, Dr Martin Leake, have been appointed as ambassadors of the World Diamond Council’s (WDC) updated SoW initiative following its launch on 21 September 2021.
As ambassadors, DMCC’s representatives will have the responsibility to educate current and future members of the Dubai Diamond Exchange (DDE) on the SoW initiative.
As such, the DDE will run a series of online awareness sessions and campaigns for its growing member base of over 1,000. During the September meeting, the DDE Board agreed to incorporate the new SoW within the DDE Bylaws with immediate effect.
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC and Chairman, Dubai Diamond Exchange, said: “From becoming the home of the UAE’s Kimberley Process’ operations to upholding the highest standards in every diamond tender at the DDE, we are fully committed to this important initiative, which includes the requirement for all DDE members to complete an annual self-assessment to evidence compliance with the new WDC SoW."
Edward Asscher, President of the World Diamond Council, remarked: “Diamond centres do their utmost to guarantee that the diamonds traded in their centres are purchased from legitimate sources and in compliance with the United Nations Resolutions and their national laws.”
Since 2003 when the UAE became a member of the Kimberly Process (KP), DMCC has enabled the diamond supply chain to effectively operate from a transparent and secure hub. As the KP’s only Arab member country, the UAE is committed to streamlining the diamond trade with global standards while protecting the legitimacy of the entire diamond industry.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished