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

Petra mulls first sale of Williamson goods in September

30 august 2023

Petra Diamonds is planning a first sale of Williamson goods in September 2023.

Petra Diamonds has set its sights on September 2023 for the first sale of diamonds from its Williamson mine in Tanzania since it resumed mining operations.

The miner said last June that production was expected to resume at Williamson in the first quarter of its fiscal year 2024.

Petra Diamonds recently sold 696,194 carats worth $79.3 million at the first tender of the fiscal year 2024.

The diamonds sold were from the Cullinan Mine and Finsch in South Africa, excluding the ones from Koffiefontein, also in South Africa and Williamson.

Operations at Koffiefontein were suspended.

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