Exclusive
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...
Yesterday
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
Selikhov Diamonds showcased pinks at the Bahrain show
Image credit: Selikhov Diamonds
Selikhov Diamonds participated in many of the world's closed diamond auctions this year, where the company purchased about 50 large pink diamonds (over 17 carats) and small stones (40 carats), including 40 pink diamonds totally weighing more than 12 carats at auctions held by ALROSA in Israel and the USA. Such stones are often purchased by large jewelry houses, but in recent years there has been an increased demand for unique diamonds as investments from collectors. The company specially launched the ALROSA Diamond Exclusive program for such investors as for example Larry West from the United States (who bought a 6.21-carat pink diamond from ALROSA) and private banking clients and held another online auction of exclusive diamonds in October.
According to experts, pink diamonds and their shades are the leaders in terms of value growth. Over the past 15 years, they have risen in price by 12.5 times. Perhaps this unprecedented growth is related to the closure of the Argyle diamond field. During the same time, blue diamonds have risen by 2.2 times, while yellow diamonds of the most vivid color have risen in price by 75%.
Galina Semyonova for Rough&Polished