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

Antwerp diamond sector steps up efforts in combatting conflict diamonds

09 june 2014

The Antwerp diamond industry, represented by the Antwerp World Diamond Centre (AWDC), is stepping up its efforts in combatting conflict diamonds.
According to the AWDC, the increased vigilance and intensified controls have already resulted in the detection by the Diamond Office experts of a shipment likely containing conflict diamonds from the Central African Republic (CAR).
In June 2013, the Kimberley Process Certification Scheme KP), the global control mechanism for rough diamonds, issued an export ban on rough diamonds originating from CAR. Because of the KP ban, any import of rough diamonds coming from CAR, accompanied by a Kimberley Certificate from CAR will not be allowed to enter the Antwerp market and will be confiscated.
Apart from the strict controls that are applied in Antwerp and the 100% physical control of each and every shipment that enters or leaves Antwerp, the Diamond Office procedures go even further. Each suspicious shipment is verified scrutinously, comparing the contents of the parcels with the so-called ‘production footprints’ of mining operations in conflict areas. Rough diamonds that are imported legally in Antwerp via other diamond trade hubs will be cross-checked on typical characteristics such as color, assortment and size using visual material from a typical rough production of a certain area, such as the CAR.
According to a recent report from the Enough Project, today diamonds from CAR are still illegally entering the market in certain countries. These conflict diamonds enter the legal circuit, mostly through forged KP certificates that are insufficiently controlled via other diamond hubs.
The recent discovery of a suspicious shipment of rough diamonds and the strong indications these diamonds originate from CAR have now led the AWDC to raise the alarm. The AWDC calls upon all diamond centres to implement the same strict controls on import and export procedures and KP requirements. It is clear that the Kimberley Process, a unique cooperation between governments, industry and civil society, can only be a powerful tool if all KP participants take responsibility in the fight against conflict diamonds.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished