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

Surat diamond sector positive as De Beers invests $1 bn in Jwaneng expansion

12 january 2024

The Jwaneng mine in Botswana, currently the world's most valuable, is transitioning from open pit to underground operations. This expansion project comes amidst a global decline in natural diamond supply, according to a report in The Blunt.

The Surat diamond industry, known as the world's diamond capital, breathed a sigh of relief as De Beers Group and the Government of Botswana announced a $1 billion investment in the Jwaneng underground diamond mine.

Surat, the world’s largest diamond cutting and polishing center, consumes a significant portion of the world’s rough diamonds. The US and G7’s sanctions on Russian diamonds have further constricted the supply chain, causing prices to rise by 20% in the last year alone.

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