News
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
Galina Pavlova: Preserving the jewelry tradition is an important task
07 august 2023
During the St. Petersburg International Economic Forum (SPIEF) in June, one of the events was the Creative Business Forum that addressed the jewelry industry’s topical issues. Galina Pavlova, President of the Arctic Jewelers Association, Director of the Kierge jewelry house based in Yakutia, was among the speakers at the forum. She told Rough&Polished about her impressions of the SPIEF.
Antonio Cecere: TeamViewer's smart glasses will record each product, stock count and transfer the data to their owners as well as prospect buyers, bringing a level of security unseen before in our trade
31 july 2023
Perhaps one of the most significant initiatives today in terms of innovation in the diamonds and jewellery sectors is the partnership between TeamViewer, the technology giant global leader in secure remote access and Augmented Reality (AR), and Ciceres, the consulting company headed by Antonio Cecere.
Andrey Yanchevsky: All the current changes are for the better
24 july 2023
Director General of LA VIVION Andrey Yanchevsky came to a jewelry business in the late 1990s, he has gone from a software programmer to a member of the board of directors. He created his own project - one of the first online jewelry stores in Russia, and in 2008, he and his partner set up a wholesale company in Hong Kong that supplied diamond jewelry to jewelry stores and chains in Russia and the CIS countries. The company has an impressive office in the Kalanchevskaya Plaza business center where Andrey Yanchevsky told Rough&Polished about the development and prospects of the LA VIVION brand on the Russian market after the Covid pandemic and under the sanctions.
De Beers sees great geological potential in Angola concession sites
17 july 2023
De Beers says that early data indicate that their two concession sites in the Angolan provinces of Lunda Norte and Lunda Sul have great geological potential. Group spokesperson David Johnson told Rough&Polished's Mathew Nyaungwa in an exclusive interview that they are looking forward to commencing fieldwork to investigate this further through their joint venture partnership with the state-owned Endiama.
Why Lucapa’s Lulo diamonds are fetching higher prices, Wetherall has the answer
10 july 2023
In this second part of a two-part exclusive interview, Lucapa managing director and chief executive Stephen Wetherall told Rough & Polished’s Mathew Nyaungwa that Lulo is endowed with exceptional size, quality, and high-value diamonds whose demand is still solid.
Merlin has potential to transform Lucapa into a mid-tier diamond producer – Wetherall
03 july 2023
Lucapa managing director and chief executive Stephen Wetherall told Rough & Polished’s Mathew Nyaungwa that although Merlin, previously owned by Rio Tinto until 2003, was a low-cost acquisition, it has the potential to transform Lucapa into a mid-tier diamond producer.
AHMED BIN SULAYEM: Under Zimbabwe’s leadership for the remainder of this year and the UAE’s leadership in 2024, we will all work together to accelerate our ambitions and deliver real-world change
26 june 2023
Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman and Chief Executive Officer of DMCC, Ahmed Bin Sulayem has and continues to play a key role in establishing and positioning DMCC as a major international commodities hub for trade.
In recent years, the KP has demonstrated consistency in shooting itself in the foot as a result of failing to incorporate recognized human rights abuses that exist, specifically in Africa
19 june 2023
Dr M'zée Fula Ngenge, Chairman of the African Diamond Council (ADC), is a Mining Engineer and highly respected Senior Strategy Advisor who celebrated 40 years in the global diamond industry this year. He acts as a professional liaison within the international diamond trade and is well-positioned to influence, both, the public and private sectors. At the beginning of 2019, Dr M'zée was assigned as Chairman and Managing Director of the African International Diamond Exchange (AIDEX), Africa's most transparent rough diamond supplier for four diamond exchanges in Antwerp, the Diamond Exchange District in Ramat Gan, the world's largest diamond bourse in Mumbai as well as the largest Free Zone in the United Arab Emirates. At the end of 2019, he was entrusted as Chairman of the Board of Trustees for the African Diamond Trust Fund (ADTF), a fully integrated, autonomous financial depository and vault operator for ethically mined rough diamonds originating in Africa.
ALEXANDRE GHOTBI: Buy the best possible quality watch you can affiord
12 june 2023
Alexandre Ghotbi is one of the leading horological personalities in the world. As Head of Watches, Continental Europe and Middle East for Phillips Watches, he has a unique experience in evaluating both the products of mainstream brands and independent manufacturers. Mr. Gotbi kindly agreed to answer questions of Rough&Polished.
CHAMOVSKIKH Jewellery House: “We strive to occupy a bigger share of the world market”
05 june 2023
Alexander Chamovskikh is the founder and owner of the CHAMOVSKIKH Jewellery House, Chairman of the Ural Jewellers Guild. He was born in 1978 and graduated from the Faculty of Economics of the Ural Radio Engineering College named after A. S. Popov. He lives and works in Yekaterinburg. He has been in the jewellery business since 1996 and founded his own jewellery manufacture in 2001. In 2015, he registered the CHAMOVSKIKH Jewellery House brand, under which exclusive jewellery pieces with rare precious gems are created using innovative technologies. The head of the CHAMOVSKIKH Jewellery House told R&P about the current state of the Russian jewellery market.
