Indian jewellers promote natural diamonds amid competition from lab-grown stones

Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.

Yesterday

Ethiopia opens first gold refinery to serve region

Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...

Yesterday

Anglo American bets R11.2B on South African mining's future

Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...

Yesterday

Nornickel forecasts $4 billion in precious metals revenue for 2026 - report

A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.

Yesterday

Russia to build first permanent REM magnet plant

In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...

Yesterday

James Campbell: Botswana Diamonds recovers over 1,600 carats of diamonds from Marsfontein since March

16 october 2023

The Marsfontein project is a precursor to the larger Thorny River project. Since mining started at Marsfontein, over 1,600 carats of diamonds have been recovered, according to James Campbell, the managing director of Botswana Diamonds, who spoke with Mathew Nyaungwa of Rough & Polished.

Vladislav Zhdanov: Possibility of choice: synthetic or natural diamonds

09 october 2023

Vladislav Zhdanov told Rough&Polished about new research in diamond synthesis, the prospects for using the carbon materials and the trends in dividing the markets for natural and synthetic diamonds.

Stanislav Mazurchik, Director General of the Grant jewelry company: Our dream is to make St. Petersburg the jewelry capital of Russia

02 october 2023

The Grant Jewelry Factory is a jewelry company in St. Petersburg that has grown from a small gold and diamond private jewelry workshop founded in 1999. The company’s director general, Stanislav Mazurchik, told Rough&Polished about what is needed to run a successful business, as well as about the company’s latest collections and future plans.

Bhanderi Lab Grown Diamond is committed to supporting the local community and promoting sustainability - Dr Snehal Patel

25 september 2023

A medical professional-turned-entrepreneur, Dr Snehal Patel is the CEO of Bhanderi Lab Grown Diamond. Here, in an Exclusive Interview with Rough & Polished, he aspires to take the company, Bhanderi Lab Grown Diamond, to greater heights!

Depending on which side of the fence the media happens to hang its hat politically in America, we are either doing well or headed into depression - Vin Lee

18 september 2023

Vin Lee, the self-made billionaire CEO of Grand Metropolitan of USA, is popular as the 'King of Luxury'. In this exclusive interview with Rough & Polished, Vin Lee not only paints the US jewellery market as it is today but lightens one's mood with his sardonic comments as well ...

Diamond market self-correcting after high demand fueled by post-COVID-19 weddings - Golan

11 september 2023

In an exclusive interview with Rough & Polished's Mathew Nyaungwa, diamond market analyst Edahn Golan, founder and owner of Edahn Golan Diamond Research and Data, said that the current decline in consumer demand demonstrates a market that is self-correcting following the growth that occurred post-COVID-19.

ADMA is working on a long-term strategy to make significant progress for the entire value chain - Antonio Antomoli, President of ADMA

04 september 2023

Antonio Antomoli is the President of the African Diamond Manufacturers Association (ADMA). In an exclusive Interview with Rough & Polished, Antonio Antomoli elaborates on ADMA’s activities, focusing on its long-term goals, which includes sustainable growth for its members.

LGDs have an advantage over mined diamonds in terms of large carat sizes - Sanket Patel, Partner, Greenlab Diamonds LLP

28 august 2023

In an Exclusive Interview with Rough & Polished, Sanket Patel takes us through his journey in the LGD sector with extraordinary elan.

Shashikant D. Shah, Chairman of LGDJPC: The Indian LGD industry is well-positioned to continue to grow in the coming years

21 august 2023

Shashikant Dalichand Shah, the Chairman of Lab Grown Diamond & Jewellery Promotion Council-India, assesses the recent growth of LGD sector in India as well as overseas markets.

Concerned about lab-grown diamonds? Get a load of Peter Meeus’ viewpoint

14 august 2023

PME Consulting’s managing director and special advisor to Sodiam E.P. and Angola’s ministry of mineral resources, Peter Meeus, told Rough & Polished's Mathew Nyaungwa that pricing is the main reason consumers prefer lab-grown diamonds.