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26.01.2015
Mining Indaba MD says changes to be seen at this year’s event, focus on core mission
jonathan_moore_x.jpgInvesting in African Mining Indaba will take place in the resort town of Cape Town, in South Africa early next month. Jonathan Moore, the managing director of Mining Indaba told Rough & Polished’s Mathew Nyaungwa in an exclusive interview last Friday that the acquisition of the Indaba organiser last July by Euromoney was positive. He said as a result, there would be some noticeable changes at this year’s event as they seek to re-affirm the core value mission of the Mining Indaba, which was to unite investors, mining companies and African mining ministers to put foreign direct capital to work on the continent.

19.01.2015
World diamond market is driven by globalization - Marcel Zalc
marcel_zalc_x.jpgMarcel Zalc, a famous Belgian diamantaire having over 35 years in diamond trading under his belt, shared his vision of the state of and prospects for the global diamond market with the Rough&Polished correspondent in Brussels. It is noteworthy that Mr. Zalc was one of the diamantaires, who addressed a complaint to the European Commission in early 2000 regarding De Beers, which, in their opinion, occupied a dominant position in the diamond market in Antwerp and thus violated the EU legislation on free competition.

12.01.2015
Russia will develop the ‘Sestroretsk Diamond Pipe’
alexander_kolyadin_preview.jpgINREAL, established in the early 1990s, is now a pacemaker in the production of industrial diamond goods and diamond grinding powder, which enjoy brisk demand from a variety of industries, including those manufacturing high-tech products. INREAL gave birth to other two independent entities, which are Nevsky Brilliant and New Diamond Technologies. Nevsky Brilliant is manufacturing polished diamonds from natural rough diamonds of all sizes, while New Diamond Technologies is focused on synthesizing high-quality single diamond crystals. The combination of all the three companies resulted in a holding engaged in waste-free diamond production. Rough&Polished asked Alexander Kolyadin, CEO of INREAL to tell our readers about what is being done by this holding in the field of diamond synthesis.





Investigation of diamond fraud in Belgium

06.08.2013

Antwerp authorities recently announced a breakthrough in the investigation of a tiger kidnapping that took place on October 11, 2012 in Antwerp. At that time, three men entered the home of an employee of the Indian diamond company KIRAN BVBA. While the man's wife was kept hostage, he was forced to return to work and empty the vaults of the KIRAN offices in the Hoveniersstraat in the Antwerp diamond district. The total value of the stolen diamonds was estimated at $13 million.
Police investigations now indicate the tiger kidnapping could be staged by the alleged victim, the employee of KIRAN. The authorities believe the man was aided by a middle-man of Indian origin, who in turn hired an Armenian accomplice to execute the tiger kidnapping. The Armenian accomplice collaborated with two Chechen men.
Between July 22 and 29,  five people were arrested in connection with their alleged involvement in the case, the prime suspect - an employee at KIRAN, a man of Indian origin and three plan executors, an Armenian and two Chechens.
Four of them are in custody and are said to have confessed to involvement in the case.
The alleged middle-man of Indian origin was arrested at the Dutch airport Schiphol on July 30. Procedures to extradite the man to Belgium are currently ongoing.
Most of the stolen goods, estimated at a value of $8.7 million, were recovered during a recent raid in Antwerp.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished

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