Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

SA diamond symposium returns after nine-year hiatus

07 june 2023
The 2023 Kimberley International Diamond Symposium (KIDS) will be held in Kimberley, South Africa, on August 24 and 25.
The most recent KIDS was held in 2014. 
The conference, co-hosted by the South African Diamond Producers Organisation (Sadpo) and the Geological Society of South Africa (GSSA), will focus on research and new technologies being used in all aspects of the business, including diamond prospecting and mining.
“The conference comes at a time where there's a lot of uncertainty in the international diamond industry,” Sadpo vice chairperson Lyndon de Meillon was quoted as saying by Mining Weekly.
He said they strive to address burning issues in the diamond industry, both locally and internationally, by inviting relevant experts in the field to not only share their views but also participate in panel discussions.
Diamond industry analyst Paul Zimnisky will open the conference with a keynote address.
Meanwhile, De Meillon said the tough global economic conditions are contributing to greater demand for lab-grown diamonds, placing added pressure on the natural diamond market.
“In difficult economic times, it becomes more and more attractive to look at lab-grown diamonds. You can buy a maybe 1 ct diamond for half the price or less than the natural diamond equivalent. When the economy turns bad and people struggle, they look at the cheaper options,” he said. 
“The South African government's inability to manage the mineral resources of South Africa to anyone's benefit is now the biggest threat to the junior mining sector in general and very specifically to the junior diamond mining sector.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished