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Mmetla Masire: Okavango to resume diamond sales in January
Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...
Yesterday
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
Russian green diamond - a story to be continued
Image credit: Selikhov Diamonds
Last November, the Jewelry House of Selikhov Diamonds unveiled a ring graced with an 18.01-carat diamond of a very rare dark-green color at Jewellery Arabia held in Manama, Bahrain. This exhibit attracted the attention of the visitors and experts who noted its great investment attractiveness.
The story of this stone began in Yakutia, where it was mined and weighed 61.18 carats before cutting. In 2009, the gem was purchased by a Russian jewelry collector, cut and polished at a diamond manufacturing factory in Yakutia and certified by one of the Russian gemological centers. The experts who examined this stone said that large diamonds of such a saturated color have not been found in Russia over the past century.
In 2017, Selikhov Diamonds obtained a colored diamond report from the laboratory of the Gemological Institute of America (GIA), which confirmed the natural color of this stone and the absence of treatment signs in it.
In 2019, the Selikhov Diamonds Jewelry House decided to make a ring with this diamond, and in November of the same year the ring was exhibited at Jewellery Arabia attracting genuine interest on the part of many visitors.
Colored diamonds are an extremely rare find. Only 0.002 percent of diamonds mined in the world can be attributed to stones with a pronounced color. Polished diamonds made from them are both valuable jewelry pieces and reliable investment tools. The most valuable of them are red and green stones, since they are the most rare and expensive. Prices for colored diamonds can be extremely high and reach one million dollars per carat if stones have a natural color. Large diamonds weighing more than six carats are usually sold at auctions, and their price cap is unlimited.
For example, a 22-carat pink diamond was sold for $ 90 million at Jewellery Arabia mentioned above.
Victoria Quiri, Correspondent of the European Bureau, Rough & Polished, Strasbourg