Platinum’s rare nature gives it additional value and appeal

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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

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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

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23 august 2021

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

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16 august 2021

Angola state diamond company seeks to maintain ‘08 production levels

02 october 2009

Despite the uncertain state of the global diamond sector, Angola's Endiama is maintaining output at around 2008 levels.
Endiama director of planning and investment Alberto Fancony said the company it will produce between 7 and 9 million carats this year compared with 8.9 million the previous year.
He said the diamond industry had been badly hit by the financial crisis in 2008 and that he expected the sector to suffer until the end of this year. 
Angola is one of the world's top five diamond producers.
"Angolan diamond prices fell around 75 percent last year but have recovered recently," Fancony told reporters. "I think the crisis (in the sector) will last until the end of the year."
Fancony said Endiama was concerned about the flow of thousands of illegal miners from the Democratic Republic of the Congo that had been caught by authorities searching for diamonds in Angola's rivers.
Angolan police announced last month that it had deported more than 6,000 illegal diamond miners this year from the DRC. 

Claudia Pereira, Rough&Polished from Angola