Who will bear the cost? Paul Zimnisky weighs in on U.S. jewellery tariff impact

The United States jewellery industry is facing a complex balancing act as new tariffs on diamonds force wholesalers and retailers to decide whether to absorb costs, negotiate with overseas suppliers (particularly India), or pass them on to consumers...

14 april 2025

Thataitsile Moremedi: South Africa's State Diamond Trader providing market access, exposure for nascent manufacturers

Although it is challenging for previously disadvantaged individuals to enter the diamond industry due to the financial barriers, South Africa's State Diamond Trader is providing nascent entrepreneurs with exposure, market access, and other support...

31 march 2025

Dr M'zée Fula Ngenge: KP has failed to adapt to contemporary challenges

The United Nations-backed Kimberley Process (KP), established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market, has failed to adapt to contemporary challenges, such as state-sponsored violence and sophisticated...

17 march 2025

Valentin Skurlov: Over the past 25 years, Fabergé Researches have progressed to discussing the new approaches to studying Fabergé’s legacy

Valentin Skurlov is an Honorary Academician of the Russian Academy of Arts (St. Petersburg), art historian, professor, Scientific Secretary at the Fabergé Memorial Foundation, consulting researcher in the Fabergé’s masterpieces at the Russian...

03 march 2025

Valery Budny: In the current economy, domestic jewelry manufacturing continues thanks to new technologies introduced over the past two decades

In February, JUNWEX St. Petersburg 2025 International Jewelry Industry Forum, one of the most significant projects of the “Jewelry Russia” Unified Exhibition Program, was held in St. Petersburg. Valery Budny, Head of the Jewelry Russia Program and CEO...

25 february 2025

ADPA claims an "aggressive minority" ambushed KP plenary session

24 november 2023

The African Diamond Producers Association (ADPA) claims that although the recently concluded Kimberley Process plenary meeting held in Victoria Falls, Zimbabwe, was “robust and successful”, it was compromised by an "aggressive minority's" attempt to politicise the agenda of the gathering by incorporating geopolitical matters that extend beyond the KP mandate.

ADPA, which is headquartered in Luanda, Angola, told Rough & Polished that the 2023 KP Plenary was unable to approve its final communiqué.

“This incitement of no consensus was dictated by the needs of the minorities to push the G7 initiatives, as the KPCS does not seem to correspond to their broader geopolitical agenda,” it said.

New G7 sanctions on Russian diamonds are expected early next year.

Meanwhile, ADPA said that African diamond producers will continue to defend the KP and reject any unilateral efforts to replace it.

It said that the United Nations is the most qualified tribunal for geopolitical matters unrelated to the diamond industry.

ADPA also said that it is crucial to maintain the integrity of the KP and its founding principles as it progresses.

This, it said, will guarantee that the process remains efficient in its fight against the trade of conflict diamonds while avoiding any unnecessary distractions from matters outside its purview.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished