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 Government Seeking Diamond Hallmarking Scheme

01 february 2012

The Indian government is seeking to establish a plan for hallmarking diamonds, similar to the way in which gold is hallmarked, the news site reports.
According to Indian Express, the government’s recent decision to impose a 2% import duty on polished diamonds has raised concern that the country might see an influx of lab-grown diamonds, which used to be taxed at a rate of 10%.
The Indian Express quoted an unnamed official with the Gems and Jewellery Export Promotion Council, who said that a potential increase in lab-grown diamonds in the Indian market would “not be good for customers.”
The GJEPC official said that natural diamonds were India’s strength and the country “had no competence” in lab-grown diamonds, and added that the government needed to establish labs that would test diamonds to determine whether they are natural of synthetic.