Tshepo Molusi: South Africa establishes dedicated diamond retail shop in China

T3 Diamonds founder Tshepo Molusi told Rough & Polished’s Mathew Nyaungwa at the inaugural South Africa Diamond Show in Cape Town that the shop opened an opportunity for diamond manufacturers under the incubation to export their products to China. He...

Yesterday

Nosiphiwo Mzamo: South Africa’s State Diamond Trader to buy diamonds from other African countries

South Africa’s State Diamond Trader (SDT) is set to buy diamonds from other African countries starting with Botswana. SDT’s chief executive Nosiphiwo Mzamo told Rough & Polished’s Mathew Nyaungwa at the country’s inaugural diamond show, which...

10 february 2025

Edahn Golan: Halo effect from lab-grown diamonds driving high demand for large, 2-carat natural stones in the U.S.

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough & Polished's Mathew Nyaungwa in an exclusive interview that their research found a halo effect from lab-grown diamonds. He said the trend among lab-grown diamond...

27 january 2025

Paul Zimnisky: We will see a modest recovery in natural diamond demand and prices in 2025

According to Paul Zimnisky, an independent diamond and jewellery analyst and consultant based in the New York metro area, the natural diamond industry will see a modest recovery in demand and prices this year. Zimnisky said a moderate recovery would...

13 january 2025

African Diamond Council makes traceability its top priority, wants KP to embrace Authentia.io

The African Diamond Council (ADC) has made traceability its foremost priority and has been contributing to a traceability solution called Authentia.io for the last three and a half years, which is now ready to globally satisfy the traceability...

16 december 2024

A branch of Indian VDA Diamonds to open officially in Armenia in autumn

30 june 2023

The official opening of the diamond cutting plant, owned by the Indian diamond company VDA Diamonds, will take place this autumn in the city of Abovyan, news.am reports.

"The Indian company VDA Diamonds has been registered in Armenia since July 2022, and since the beginning of April this year it has already started the production process in Abovyan. It is a branch of an Indian company in Armenia. The company invested $10 million in a branch in Abovyan," said Arevik Margaryan, Head of the Department of Strategic Sectors of the Ministry of Economy of Armenia.

According to her, 7-8 companies operate in the diamond industry of Armenia, including the diamond processing company ADM Diamonds and CJSC Hay-Almast, which imports rough diamonds from the Russian company ALROSA.

Diamonds are exported from Armenia mainly to the CIS countries, the EAEU and some other countries.

"Tiffany's, Cartier, Patek Philippe, Hermes and other well-known brands buy diamonds cut in Armenia. Arevakn and Shoghakn companies operate in the sector, from which Tiffany and other leading international companies officially purchase diamonds. They provide this quality," Margaryan said.

Alex Shishlo for Rough&Polished