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

Angolan national found guilty of illegally dealing in rough diamonds in Namibia

13 november 2023

An Angolan national was found guilty of dealing in rough diamonds without a licence in Namibia, according to the local media.

The Namibian reports that Venacio Chipopa was arrested in a hotel room in Ondangwa after he was found in possession of 1,365 carats of rough diamonds.

The magistrate court fined him N$100,000 ($6715), or 10 years’ imprisonment, last Tuesday.

The state also confiscated the diamonds and a vehicle used to transport the stones.

“The accused chose Namibia to bring his diamonds into. The accused was not duped into bringing the diamonds into Namibia,” state prosecutor Nabot Iiyambo was quoted as saying.

“One does not bring in 1,300 diamonds looking for investors with no documents…”

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