Exclusive
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...
Today
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
Small diamond units in Surat yet to start operations
The reasons cited by the unit owners is that they cannot afford the cost of the rapid antigen test of all workers which has been made mandatory by the civic body; and secondly due to shortage of workers.
According to the small unit owners, the electricity cost for running emery wheels with two workers or four workers is the same. As running the unit with 2 workers at a wheel would mean huge losses, unit owners see more business sense to keep the unit shut and wait for the normalcy to return.
According to the regional chairman of Gems and Jewellery Export Promotion Council (GJEPC), Dinesh Navadiya: “Less than 30% diamond units have restarted operations post-lockdown and that too with less than 50% of workers. Due to just 30% diamond units operating now with 50% workers, the fall in output is less than 25%.”
Babu Kathiriya, president of Surat Diamond Association (SDA) said, “Over 2,000 diamond workers have been infected with Covid-19 in the last two months. This has spread fear among other workers who left Surat to return.”
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished