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06.07.2015
‘I would like to hold on to something commercial’ – John Teeling
john_teeling_x.jpgBotswana Diamonds established a joint venture company with the Russian diamond giant, Alrosa, which is currently exploring for diamonds in Orapa, Botswana. The AIM and Botswana Stock Exchange-listed company provides its database to Alrosa which in turn applies their technology to identify prospective ground. The Russian diamond company was on the other hand providing its geologists, mineralogists and mobile labs for field work. This year, the joint venture was focusing on three blocks in the Orapa area and earlier work had identified kimberlitic indicator mineral concentrations. Company executive chairperson John Teeling told Rough & Polished’s Mathew Nyaungwa on the sidelines of the Botswana Resource Sector Conference in Gaborone recently that there are indications that kimberlites might be on blocks 206 and 207.

29.06.2015
Over the long term, we can expect to see a supply shortfall and rising prices - Ali Pastorini
ali_pastorini_x.jpgAli Pastorini, Director of Marketing of the World Jewelry Hub (WJH), in an interview to Rough & Polished talked about the goals set before the WJH, described the main trends and challenges currently facing the world jewelry and diamond markets and delineated the role of China and India.

22.06.2015
Legal framework should predominantly be aimed at creating equal conditions for doing business
flun_gumerov_x.jpgFlun Gumerov is the President of Almaz-Holding, a jewelry company based and operating in Russia (it has been working in the Russian market since 1993 and is one of the leading firms in the country). He is also a member of the Kostroma Regional Duma (Parliament) and a member of Business Russia, which is an all-Russia social action organization. Being one of the participants of the Expert Council within the State Duma Committee on Natural Resources, Environmental Management and Ecology he combines this work with his activity as a member of the General Council of the Russian Jewelers Guild. Flun Gumerov was awarded the Honor Badge “150th Anniversary of Mikhail Perkhin” by the Commemorative Foundation of Karl Faberge for his outstanding contribution to the development of Russian jewelry art.





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

Rough&Polished

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