SPECTRUMAT Jewellers Inaugurates New Showroom In Raipur
Chhattisgarh chief minister Dr Raman Singh’s wife
Veena Singh inaugurated renowned jeweller Anopchand
Tilokchand Jewellers’ seventh showroom in the country and
second showroom in Raipur at New Cloth Market, Pandri.
Also present on the occasion were Madna Bai Bardia,
wife of late Jasraj Bardia, founder of AT Group, Raipur
North MLA Srichand Sundarani, Miss India, Chhattisgarh,
Avantika Shrivastav and other distinguished guests.
“The three-storey showroom, spread over an area of 6,
sq ft, will be home to a large number of designs across a
range of jewellery such as gold, silver, diamond and precious
stones,” said Tilokchand Bardia, director of AT Jewellers.
18 SOLITAIRE INTERNATIONAL JULY 2018
“The brand today stands for choice, latest trends,
convenience, value and trust and it is this dedication that
has helped us to become one of the largest jewellery retail
chains of central India,” he added. “The diamond jewellery
boutique is the special attraction of the new showroom as
an entire floor of the showroom is dedicated exclusively for
diamond jewellery designed by reputed designers,” said
Ashok Bardia, director of AT Jewellers.
“The new showroom will be managed through strict
adherence to quality and internationally accepted
standards—100% IGI-certified diamonds and BIS hallmark gold
jewellery,” said Shantilal Bardia, director of AT Jewellers. Rapaport Says De Beers Destroying Transparency
The Rapaport Group, a global provider of added-value
services, issued a statement on June 19th, 2018, saying
that De Beers is destroying transparency in the diamond
industry by not allowing its clients to disclose the source of
their diamonds. The statement claims that “all De Beers’
rough diamonds are now opaque. That’s 42% of the world’s
legitimate diamond production in 2017, and $14.
billion of rough diamonds from 2015 through 2017.”
The statement cites the De Beers “Sightholder Signature
Licence Agreement Clause 3.6.6: ‘you will not represent
that any particular diamond or diamonds are sourced,
or originate, from us or any member of the De Beers
Group except with our prior written consent.’” It also
refers to a De Beers letter that states, “In relation to
programmes such as GIA’s ‘Mine to Market’ (M2M), or
other downstream entities’ initiatives seeking to make
provenance claims, we have declined all such requests.”
Martin Rapaport, chairman of the Rapaport Group,
said, “De Beers is extending its market power from
rough to polished markets through exclusive polished
distribution networks such as Forevermark. They are
making it impossible for independent third parties to
source-certify their diamonds, thereby disabling legitimate
diamond distribution systems. De Beers is using its
market power to restrain competition in the market for
legitimate source-certified polished diamonds....
“With extensive human suffering in developing
countries such as Zimbabwe, the Congo and others,
as well as billions of dollars of diamonds not subject to
human rights, AML and CTF compliance, the Rapaport
Group begs De Beers to do the right thing and allow its
clients to disclose the legitimacy of their diamonds.”
The Rapaport statement calls on De Beers to
immediately cancel its restrictions on disclosing the
legitimate source of its diamonds.