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

Zimbabwe diamonds take India by storm, overtaking giants

22 february 2012

The arrival of diamonds from Zimbabwe has transformed the market in India, bringing down prices by as much as 25% while giving more established firms like De Beers, Alrosa, and Rio Tinto a run for their money, Israelidiamond.co.il reports.
According to MINEWEB, diamonds from the African nation are being sold for as little as $40 per carat, a bargain compared to the precious gems being offered by the aforementioned diamond companies. The Indian market became accessible to Zimbabwean diamonds after the Kimberley Process, the international rough diamond certification scheme, permitted stones from the Marange diamond fields to be traded in the market.
Traders said they anticipated that 11 million carats of Marange diamonds would hit the Indian market. According to MINEWEB, India imported rough diamonds worth $11 billion, over half of which were estimated to be of low quality. Zimbabwe's diamonds are particularly popular in Surat, which is considered the world’s largest cutting and polishing hub.