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

Developers of Panama Gem & Jewelry Center visited Israel Diamond Exchange

10 november 2014
With the construction set to begin in 2015 of the Phase II section at the Panama Gem & Jewelry Center, the only dedicated hub for the Latin American diamond, colored gemstone and jewelry trades, its project director and lead architects have visited the Israel Diamond Exchange complex, the world's largest facility of this type, where they examined and considered similar security, logistic and operational systems being developed for the center in Panama City.
"Our primary objective was to understand and appreciate the operational and functional sides of the world's largest, most complex and sophisticated diamond trading complex. We were provided access to the vaults, transportation facilities, security offices, trading floors and other areas. We viewed a variety of intelligent systems that had been especially designed and implemented for the benefit of the gemstone business. Much of what we learned will be incorporated into our facility in Panama City," said Juan Manuel Henriquez, the Project Director at Grupo Verdeazul, the lead developer of the Panama Gem & Jewelry Center.
During the visit the team met with senior IDE officials and managers, the Israeli government's chief diamond and precious stones regulator, and representatives of security and logistics firms, insurance operators, banks and leading diamond companies. They also were received by Shlomo Eshed, President of the Israel Precious Stones and Diamond Exchange.
The second phase of the development of  Panama Gem & Jewelry Center will begin in 2015, with a finish date scheduled for 2017.
The first phase building of the Panama Gem & Jewelry Center is scheduled to be ready by the end of this year, with up to 61 companies from Latin America and other trade centers worldwide scheduled to take up residence in the facility.
Overseen by PDE, the $200 mln Panama Gem & Jewelry Center 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.

Olga Patseva, Editor in Chief of the American Bureau, Rough&Polished