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

Kimberley Process Chair visits CAR with a prospect of reinstating its diamond trade

22 february 2024

Ahmed Bin Sulayem, the current UAE’s chairman of the Kimberley Process, paid a visit to the Central African Republic (CAR) to assess the situation in the country’s diamond sector.

The visit may pave way to KP's official review and reinstatement of CAR’s diamond trade. Bin Sulayem visited CAR previously in 2016 as then-chairman of the KP.

During the five-day visit, Bin Sulayem engaged in discussions with government officials, industry representatives and artisanal miners across the country. Civil Society, a Kimberley Process member, has previously echoed concerns about the slow pace of CAR's full reinstatement into the Kimberley Process, emphasising the need for constructive approaches to ensure the country and its people benefit from their diamond wealth.

Since 2013, the Kimberley Process has imposed a temporary ban on the import and export of rough diamonds from CAR due to unrest. With the security situation improving, eight subprefectures have since been approved for diamond exports, while 16 remain restricted.

“By not reinstating certain regions of CAR into the Kimberley Process, it means that diamonds mined in non-approved areas can only be traded illicitly, significantly impacting the livelihood of families and children across the country, ” Bin Sulayem said.

“We strongly urge the CAR Monitoring Team, led by the USA, to expedite a review mission which has not been prioritised for ten years. Our recent visit to CAR reaffirms the need for action.”

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