ZCDC re-orients diamond valuation plan as it seeks ‘right market price’

At some point experts claimed that the Marange diamond fields contained between 2 and 7 billion carats of raw diamonds and that Zimbabwe was sitting on over 25 percent of the known diamond deposits in the world. Others even put the value of the Marange...

12 march 2018

Art historian Valentin Skurlov: "Faberge, like all court jewelers, actively used diamonds"

Valentin Skurlov is a historian of jewelry art, a candidate of art history, an honorary academician of the Russian Academy of Arts, a scientific secretary and a herald master of the Faberge Memorial Foundation, and a research consultant for the Fabergé...

05 march 2018

Ari Epstein: The diamond trade is stable again

Ari Epstein, CEO of the Antwerp World Diamond Centre (AWDC), dwelled on the results of the past year and the current situation in the diamond market in his interview to Rough&Polished.

26 february 2018

Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

GJEPC of India to set up IIGJ in Varanasi

05 december 2016
The Gem & Jewellery Export Promotion Council (GJEPC) of India is setting up Indian Institute of Gem & Jewellery (IIGJ) in Varanasi in the state of Uttar Pradesh in Northern India. Varanasi is the fifth centre in the country after Mumbai, New Delhi, Jaipur and Kolkata to have an IIGJ campus, says a 'Release' from the Council.
While gracing the foundation stone laying ceremony of IIGJ Varanasi, Hon. Union Minister of State for Commerce & Industry Smt. Nirmala Sitharaman said, “Unlike other sectors, Gem & Jewellery sector has direct impact on job creation. This is one sector which has different sub sectors by which gem & jewellery industry provides maximum jobs to people who come from rural areas and also with non gem & jewellery background through proper training.”
Praveenshankar Pandya, Chairman, GJEPC, said, “GJEPC, the apex gem & jewellery body in India has always strived to support Prime Minister, Narendra Modi’s vision for putting India on the trajectory of growth through numerous initiatives, one such being ‘Skill India.' We are establishing an IIGJ in one of the oldest learning centres of the world – Varanasi - with the ultimate objective of nurturing talent and enhancing export from the region. We hope to revive the rich tradition of jewellery designing craftsmanship in the entire northern region through this Institute”.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished


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