Grandview Klein is among the pioneers of what became known as beneficiation, by which rough diamond producing countries offered regular supplies of goods to manufacturers who were ready to invest in and help develop local cutting and polishing industries.
The WDC is calling out to industry members to seize the moment and be ready in time, to meet the deadline for rough diamond sales.
In 1960s, geologists confirmed that, over millennia, a massive number of rough diamonds, sourced from ancient inland kimberlites, had been washed down by the Orange River into the Atlantic Ocean, on and off the coastline of what today is Namibia.
Navigating a family business into its third generation is a complex journey, and expectations for continuity can feel overwhelming at times. However, I approach this challenge with enthusiasm. I don’t view it as a simple progression but as a chance to influence the heritage, growing in a way that speaks to the present.
The WDC is calling out to industry members to seize the moment and be ready in time, to meet the deadline for rough diamond sales.
The new members are Aurostar, the Gemological Institute of America (GIA), the NIRU Group and Richold S.A.
The fact that a permanent secretariat was so long in coming was largely due to the fact that the KP has never been a legal entity, but rather an impromptu coalition of countries, industry representatives and civil society bodies, who create and coordinate policies out of a sense of common concern.
WDC President Feriel Zerouki participated in a panel discussion considering the implementation of sanctions against diamonds of Russian origin imposed by the G7 countries, during the JCK Show in Las Vegas on May 31, 2024.
Feriel Zerouki, President of the World Diamond Council (WDC), spoke during a panel discussion moderated by industry consultant Edahn Golan, during the JCK Show in Las Vegas on May 31, 2024.
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