GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

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

Milovanovic: Definition of 'Conflict Diamond' Can be Broader

02 april 2012

The Kimberley Process's definition of conflict diamond is too narrow and specific and needs to be expanded to cover a wider range of violent circumstances, according to its chair, Gillian Milovanovic. She told Reuters that the Kimberley Process is considering updating definitions as part of a review begun in 2011, in order to determine what makes a conflict diamond. She noted that the initial definition was quite specific when the process was established a decade ago, Rapaport reported.
"What we would like to see is in essence that there be a clear agreed understanding amongst the membership that conflict is something more than only a rebel group seeking to overthrow a legitimate government," she told Reuters.
Milovanovic noted that the Kimberley Process  should look at the use of broad, founding definitions by organizations such as the International Committee of the Red Cross, as well as apply  lessons learned from Zimbabwe. She stated, however, that it did not mean the Marange issues would be reviewed again.
The definition of what constitutes a conflict diamond has shaken the Kimberley Process the past two years as members disagreed over whether to allow rough exports from Zimbabwe due to human rights abuses in the Marange diamond fields. As of November 2011 though, Zimbabwe was given a green light to begin exporting rough diamonds.  That action, however, resulted in one founding member of the Kimberley Process, Global Witness, to withdraw its membership.
Milovanovic said that she hopes to see proposals for a number of changes, including the establishment of a new secretariat for the group and a possible steering committee to guide discussions, but argued against any major revamp of decision-making process, which currently requires a consensus. She stressed that consensus is vital to maintain internal cohesion and a clear focus on the Kimberley Processes' objectives.
"The Kimberley Process needs to make some changes, but also it cannot be all things to all people," Milovanovic told Reuters.