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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
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
ALROSA figures on stable demand and sales during first quarter 2021
For 12 months of 2020, total rough and polished diamond sales accounted for $2,802 million, including $2,652 million of rough diamond sales and $150 million of polished. In 2019, the company garnered a total of $3.338 billion from rough and polished sales, including $3.273 billion from rough goods and $64.7 million from polished.
“Strong sales of rough and polished diamonds by ALROSA in December were driven by the continued strong demand from the midstream as well as by one-off factors. In particular, revenue from the sale of polished diamonds was additionally supported by the sale of the previously accumulated stock and proceeds from the unique Spirit of the Rose diamond sale. High sales of rough diamonds in December generally reflected the current level of market demand. ALROSA continues to maintain maximum flexibility in satisfying only confirmed demand for rough diamonds, especially from cutting and polishing sector. We expect January sales to return to their average for this period, and figure on a stable demand and sales during the first quarter,” said Evgeny Agureev, Deputy CEO of ALROSA.