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

Income-Tax officials raid offices in Bharat Diamond Bourse

12 may 2014

In a major operation, the investigation wing of the Indian Income-Tax Department descended on the diamond companies in the Bharat Diamond Bourse (BDB), at Mumbai's Bandra-Kurla Complex (BKC) on 5/5/2014.
The  I-T Department swooped down on more than 17 diamond companies located at BDB. The search and seizure operation was extended to Mahidharpura diamond market in Surat as the diamond firms in Mumbai have their offices and units in Surat. More than 60 I-T personnel along, with a team of 100 police personnel, were put into action. The I-T officials have reportedly seized documents, cash and jewellery from the offices and residences of the diamantaires. One of the diamond firms is believed to have declared Rs 11 crore income.
This I-T raid in Mumbai has shaken the Surat cutting and polishing centre, as most of the Indian diamond companies have their manufacturing factories in Surat.

Aruna Gaitonde, Rough&Polished correspondent in India