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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
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
India’s gold imports dip again as virus curbs hit demand
This wiped out demand during key festivals and weddings during the month. According to data from sources, inbound purchases slumped to 11.3 tons in May from 70.3 tons in April.
However, that’s higher than the 1.3 tons imported in May last year when the country had come to a standstill due to a nationwide lockdown.
Economic recovery and lower prices had pushed up gold purchases in the world’s second-biggest buyer earlier this year after being slammed in 2020. However, a resurgence in coronavirus cases prompted many regional governments to impose restrictions on non-essential businesses and movement, cutting demand once again.
Meanwhile, gold prices in India rose nearly 6% in May, capping a second successive monthly gain. Imports from January through May more than tripled to 271.2 tons.
Aruna Gaitonde, Editor in Chief of Asian Bureau, Rough&Polished