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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Indian diamond trade moderates declines in July

27 august 2009

India's imports and exports of rough and polished diamonds fell again in July, although the declines appear to be moderating as evidence mounts of a global economic recovery.
Indian polished diamond exports declined just 7 percent to $1.2 billion in July, according to data from the Gem & Jewellery Export Promotion Council (GJEPC).
However, although exports rose 12 percent in volume terms to 4.322 million carats, the average price per carat fell 17 percent to $286.6. The GJEPC reported that imports of polished diamonds slipped 5 percent to $762.9 million.
In the rough diamond category, imports dropped 25 percent last month to $848.3 million, while rough exports fell even more sharply, by 37 percent, to just $40.7 million.
The GJEPC reported that polished exports showed a decline of 27 percent to $6.7 billion in the first seven months of the year, with a 10 percent fall in volume terms to 23.03 million carats.
The average price per carat of polished exports in the January-July period declined 19 percent to $292.8.
Meanwhile, polished imports declined 13 percent to $3.9 billion in the first seven months of this year.
In rough goods, the country's imports were half of those for the same period last year at $3.4 billion, while exports fell by 27 percent to $360.6 million.

Alex Shishlo, Editor of the Rough&Polished European Bureau in Brussels