Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

EU ready to help Zimbabwe restore transparency of diamonds sales

03 july 2012

The European Union (EU) is ready to assist the Government of Zimbabwe in its efforts to restore the transparency of the sales of diamonds recovered in the country, the head of EU delegation in Harare Aldo Dell'Ariccia told Agence France Press.
"If the government of Zimbabwe contact us with this request, the EU could provide the necessary technical assistance to upgrade, improve and add instruments of state control and inspections," - diplomat said on his return from a trip to the mines in the area of Marange.
EU diplomats were the first members of foreign diplomatic missions have been visited Marange, where according to the allegations of non-governmental organizations, there have been numerous human rights violations. In particular, local people is forced by  military to work in diamond mines.
It is these accusations have led to the prohibition of sales on the international market of diamonds from Marange, known as "blood diamonds". The ban was lifted in November 2011, but theft and gray diamond zone remain a headache for the government of Zimbabwe.
This year the African country expects to receive from the sale of diamonds $ 600 million (480 million euros), but in the first quarter  the state treasury, according to the Ministry of Finance of Zimbabwe, received only about one-third of the projected income from sales of diamonds.
According to Zimbabwean authorities, diamond mining company Anjin (a joint venture between Zimbabwean military structures and the Chinese investors) did not pay the income from its operations in Marange. Director Anjin, for his part, assured the European diplomats that the $ 30 million was paid in royalties to the Government.
Zimbabwean authorities have organized a trip to the Marange for ambassadors of EU countries - Belgium, the Czech Republic, Denmark, France, Germany and Spain, joined by their counterparts from Australia and Canada.

Alex Shishlo, editor of the European Bureau Rough&Polished