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

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

Surat Diamond Bourse pips Pentagon as the world's largest office building

19 july 2023

The Surat Diamond Bourse became the world's largest office building. According to architects, it comprises over 7.1 mn square feet of floor space. It took four years of construction work, which was twice hampered by Covid-related delays, as per a CNN report.

Surat Diamond Bourse, billed as a 'one-stop destination' for over 65,000 diamond professionals, including cutters, polishers and traders, will welcome its first occupants in November. It features a succession of nine rectangular structures spilling out from a central 'spine'. The sprawling 15-storey complex has been built across more than 35 acres. It is expected to be officially opened by Prime Minister Narendra Modi.

New photos, shared by CNN, give a glimpse of the marble floors and light-filled atriums connecting over 4,700 office spaces, which can also double as small workshops for cutting and polishing diamonds. The $388 mn complex also houses 131 eleva­tors, besides dining, retail, wellness and conference facilities for workers.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished