Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

Israeli miner eyes Marange diamonds

02 december 2013

Israeli mining investor Yaron Yamin and his local partners are on the verge of tying a deal with the Zimbabwean government to mine diamonds in Marange.
The state-owned Zimbabwe Mining Development Corporation (ZMDC) was required by law to control at least half of shareholding in any operation in Marange.
Daily News reports that Yamin, who had been residing in the southern African country for 10 years and currently engaged in gold mining, had lined up two of Jerusalem’s “largest” diamond miners to invest in the venture.
“We have proposed a joint venture for mining diamonds in Marange and upon finalisation of our paperwork, we expect to start exploration in the next two weeks,” he was quoted as saying.
Yamin and his backers were ready to put in $20 million worth of equipment to support the diamond mining company.
One of the companies currently operating in Marange, Anjin Investments, recently asked the Zimbabwean government to allocate it with new mining concessions as their block was fast running out of alluvial gems.
The Zimbabwe Independent quoted unnamed sources as saying that Anjin representatives approached the mines ministry with their request last week.
This revelation followed a report by a local weekly, The Financial Gazette, which claimed that the quality and quantity of diamonds mined in Zimbabwe’s Marange had been on a “decline” since 2012.
It quoted ZMDC board chairperson Florence Gowora as saying that miners were now switching to mining conglomerates.
“We have to go deeper and we need equipment for that. We also need to expand and explore further. There is a lot of untapped land and we need to establish what we have under the ground," she said.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished