Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Clarity Capital begins operations in Antwerp to finance mid-size diamond dealers

07 december 2023

Clarity Capital Finance, a multi seller trade receivables finance platform created to finance mid-size diamond dealers based in Antwerp, has fully kickstarted its operations in the city and welcomed the first client.

According to the press service of the Antwerp World Diamond Centre (AWDC), the company can provide diamantaires with a custom-made alternative to banks, fostering financial innovation and discipline with its next generation finance solutions.

Gert Ovart, one of the founders of Clarity Capital, and an Antwerp industry veteran with 20+ years’ experience in financing the diamond trade, said: “In the past 12 months, we have worked hard on finetuning and optimizing our business model in close collaboration with our funding partners. Our boutique approach allows us to provide tailor-made financing solutions for mid-sized players in the industry, and the appetite is there.”

Ari Epstein, CEO of AWDC, noted: “AWDC decided early on, when Clarity was still in its infancy, to fully support and facilitate Clarity’s ambitious project by any means possible and to help where we can to see this initiative come to fruition. I am extremely happy to see our joint efforts are now leading to tangible results, with Clarity Capital Finance achieving this important milestone. This demonstrates how innovation is boosting sustainable growth for industry players, benefitting the Antwerp diamond ecosystem greatly.”

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished