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

Panama's Minister of Presidency meets with PDE's Founding Chairman, expresses Government's support for new Latin American trading center

14 october 2014
Panama's Minister of the Presidency, Álvaro Alemán, has met with Eli Izhakoff, Founding Chairman of the Panama Diamond Exchange and also Hon. President of World Diamond Council, the World Federation of Diamond Bourses, and CIBJO, the World Jewelry Confederation. The minister expressed the commitment of the Government of Panama for the establishment in Panama City of Latin America's first dedicated diamond, colored gemstone and jewelry center, which soon will open in the prestigious Santa Maria Business District.
Joining Mr. Izhakoff at the meeting with the minister on Friday, October 10, were Erez Akerman, PDE President;  Diego Vallarino, Vice President of Real Estate Development at Grupo VerdeAzul, which is developing the Panama Gem & Jewelry Center; and Juan Manuel Henriquez, the General Manager of the Panama Gem & Jewelry Center project at Grupo VerdeAzul.
The $200 million Panama Gem & Jewelry Center, which will be anchored by the Panama Diamond Exchange, the region's first and only official recognized diamond bourse, is the largest and most ambitious development project ever undertaken on behalf of the jewelry and gemstone trades in Latin America. Serving as a trading hub for both regional and international companies, the center will serve a market that today is worth $8 billion, and comprises 11,500 retail jewelry outlets located in 20 countries and 23 islands. Construction of Phase 1 of the center is almost complete, with the first building set to open in December.
"The Government of Panama is firmly committed to positioning our country as the primary diamond, gemstone and jewelry hub for all of Latin America, and we will provide both the support and resources to make this happen," said Mr. Alemán. "In this respect, we consider the Panama Diamond Exchange and the Panama Gem & Jewelry Center to be projects of national importance, and we will do as is required to ensure that they grow and develop along with the jewelry sector in the entire region."

Pavel Tolmach, Rough&Polished correspondent