Mmetla Masire: Okavango to resume diamond sales in January

Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...

Yesterday

Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

IDE opens trading floor after two months

25 may 2020

The Israel Diamond Exchange (IDE) returned to normal activity on Sunday with the opening of its trading floor, which had been closed during the last two month of lockdown. Starting May 24, the trading floor will operate under a new format, in compliance with government-mandated safety practices in the workplaces, according to a press release from IDE.
The trading floor has been divided into two areas – one for polished trading and one for rough trading. The number of traders allowed to sit on the floor has been reduced considerably and transparent partitions have been installed at each table. Traders must maintain a two-meter distance, must wear masks and sign a daily health declaration.
IDE Managing Director Eran Zini said, “We are very excited to reopen our trading floor, which is the heart and soul of the Israel Diamond Exchange. This marks a very significant return to “normality”, and symbolizes that the diamond industry is back in business. Still, we are very strictly enforcing government guidelines, since protecting the health and safety of our members is above all.”

Aruna Gaitonde, Editor in Charge of the Asian Bureau, Rough & Polished