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

Talks Progress to Move Indian Diamond Industry

29 august 2012

Discussions to negotiate conditions favorable to the Indian diamond industry to entice manufacturers to move some of their operations to another province in the country are occurring at the highest levels of government, Diamond Intelligence reports cited by
Rajiv Jain, chair of the pivotal Gems and Jewelry Export Promotion Council, led a contingent of Indian diamond manufacturers in a meeting with the Shivraj Singh Chauhan, Chief Minister of the Madhya Pradesh province to discuss a possible move. The plan being discussed would entail tax breaks for diamond companies willing to move the center of their operations from Surat – in the state of Gujarat – to the city of Indore, located in Madhya Pradesh.
Indian diamond companies are currently obliged to pay a tax rate of 33%, according to Diamond Intelligence. Rio Tinto's Bunder diamond mine is also located nearby. Drawing Indian manufacturers to Madhya Pradesh would ensure that Bunder's output did not leave the state unless it was in value-added polished form.