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

ALROSA and GJEPC signed Memorandum of Understanding

11 april 2014

The document was signed at an official ceremony in Moscow on 10 April by Fyodor Andreev, ALROSA President, and Vipul Shah, Chairman of GJEPC.
The parties agreed to further explore possible areas of cooperation. ALROSA and GJEPC agreed to exchange information on the development of the co-operation between the Indian and Russian diamond sectors, including overviews of the diamond market, Indian and Russian diamond trade statistics,  as well as findings of the Indian diamond market research.
Both parties will cooperate and exchange information on Kimberley Process issues and jointly work to ensure separate sales of natural diamonds and diamond jewellery and synthetics.
Fyodor Andreev, the President of ALROSA said, “India is one of the major players on the global diamond market. ALROSA’s rough diamonds sales to Indian companies have been steadily growing for the last 5 years, amounting to $700 mln in 2013. Indian customers successfully work with ALROSA on the basis of competitive bidding and under long-term contracts. The partnership between ALROSA and GJEPC will strengthen our cooperation with the Indian diamond community.”
“This is a very historic moment as far as the Indian industry is concerned. We are all looking towards that this relationship will bring us more and more closer, where we’ll be exchanging information as well as statistics about each other. And with this cooperation we’ll also be achieving joint ventures together,” Vipul Shah said in his speech.
ALROSA Group is a group of Russian diamond mining companies, the world's largest producer of diamonds in terms of carats. ALROSA Group is engaged in the exploration, production and sale of diamonds. The Group is mining diamonds in the Republic of Sakha (Yakutia) and the Arkhangelsk Region. According to preliminary data, ALROSA Group produced 36.9 million carats of diamonds gaining a revenue of no less than RUB 165 billion in 2013.
The Gem & Jewellery Export Promotion Council is an apex body of India’s gem and jewellery industry primarily involved in introducing its products to the international market and developing its international ties to promote exports. To achieve this, the Council provides market information to its members regarding foreign trade enquiries, trade and tariff regulations, rates of import duties, and information about jewellery fairs and exhibitions.