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

Polished diamond exports from India dip 28%, rough diamond imports decrease 6% in February 2024 - GJEPC

21 march 2024

The Gem & Jewellery Export Promotion Council (GJEPC) of India has released its monthly data on the country's diamond trade for February 2024.

Overall gross exports of polished diamonds in February fell 28% to $1.707 billion as compared to $2.369 billion during the same period of the previous year. For the period of April 2023 - February 2024 (since the beginning of the financial year) polished exports declined by 27.6% to $14.802 billion, from $20.441 billion during the same period of the previous year.

Rough diamond imports to India decreased by 6% to $1.589 billion in February 2024 compared to $1.688 billion for the same month a year earlier. From April to February, imports of uncut diamonds fell 18% to $12.859 billion, from $15.715 billion during the same period of the previous year.

The overall gross imports of polished diamonds to India in February 2024 stood at $130.4 million, a growth of 70.6% compared to $76.4 million in February of the previous year. In April-February, they grew by 47% and amounted to $1.79 billion as compared to $1.218 billion for the same period of the previous year.

According to provisional data, gross exports of polished lab grown diamonds (LGD) for February 2024 grew by 3% and stood at $139.1 million, while in February of last year the figure amounted to $135.2 million. During the period of April-February, polished LGD exports were down 18.5% to $1.278 billion as compared to $1.569 billion for the same period a year earlier.

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