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

Gaetano Cavalieri: CIBJO leading the jewelry industry on critical issues

One of the gem and jewellery industry’s most well-known and respected personalities, Dr. Gaetano Cavalieri, has been the president of the World Jewellery Confederation (CIBJO), for the past 23 years. CIBJO is the oldest international organisation...

09 december 2024

ALROSA to ensure operational stability and make important investment decisions this year

04 march 2024

On Monday, the CEO of the Russian diamond mining company ALROSA held a meeting with the head of the Republic of Yakutia to discuss the group’s work plans for 2024.

ALROSA CEO and chairman of the board Pavel Marinychev noted that all key operating and financial indicators of the company are being met in full. According to him, the company has created a financial “cushion” that will allow it to survive a difficult period in the diamond industry.

“The company has prepared for the crisis that is present in the global diamond market this year,” said Marinychev.

According to him, in 2024 ALROSA will have to make a number of important investment decisions regarding the prospects of its deposits.

“The company needs to switch to underground diamond mining, and these decisions need to be made today. In addition, it is necessary to bring smaller deposits online so that in the future there will be a mineral resource base for launching the required production capacities,” he said.

The head of Yakutia Aisen Nikolaev brought attention to ALROSA’s social initiatives and interactions with local administration. Marinychev noted that the company will continue to develop its social responsibility policy.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished