GJ Town India

With fewer than six weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the fourth of the CIBJO commissions' Special Reports has been released. Prepared by the CIBJO Coloured Stone Commission, headed by Charles Abouchar, the report looks at efforts being taken to promote responsible practices in the sector, while taking into consideration the very different conditions that exist in the coloured gemstone industry. "More than 80 percent of rough coloured gemstones that come into the pipeline is produced by tens of thousands of artisanal miners, at a great many small-scale mine sites around the world," wrote Mr. Abouchar. "But it is not only the logistical difficulties that make the coloured gemstone sector such a tough nut to crack. The potential of an overly cumbersome responsible sourcing system having unintended consequences is also a critical factor. Policies that could economically disadvantage artisanal ...

WDC will debate the revised FTC Guides! (World Diamond Congress (WDC) is at latch to open up! The biannual meeting of the WFDB and the IDMA is being hosted by Bharat Diamond Bourse at Mumbai, India, during October 23 to 25. In the context Ernie Blom, President, WFDB has expressed his thought just ahead of WDC to Nayan Jani, veteran gem-n-jewellery media player-India.) Here are unedited questions & answers: 1: The 2018 World Diamond Congress (WDC), the biannual meeting of the WFDB and IDMA is being announced to take place in the month of October. And at the juncture, would you say where the Congress would focus most among several key points? Blom: We will of course take a general look at the state of the global diamond industry. Specifically, we will discuss issues of vital relevance to diamantaires such as financing. This will have added significance due to the state of the Indian diamond market in the aftermath of the Nirav Modi affair and the declin...