Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

Indian firm produces 8-carat LGD as tribute to PM Modi

24 july 2024

Modi_diamond_2024.jpgCompany from Surat specializing in lab-grown diamonds (LGD) created an 8-carat diamond dedicated to Indian Prime Minister Narendra Modi.

The stone, bearing an engraved portrait of Modi, became the tribute to the country's leader who was re-elected to a new term in May. Industry officials say Modi and his cabinet have always supported the LGD industry, adding that man-made diamonds are "equivalent to natural." Indians remember how Modi presented a 7.5-carat lab-grown diamond to the US first Lady Jill Biden during his visit to America last year.

The Modi Diamond is cut from a 40-carat rough stone. It took 20 craftsmen to carry out the work, which took a month. The stone was showcased at the Surat Diamond Association exhibition last week.

“We thought that this diamond is eco-friendly, so, going by PM Modi's vision, we decided to dedicate this diamond to him,” said manufacturing S.K. Diam company spokesperson.

Lab-grown diamonds are increasingly recognized for their affordability and ethical production methods, experts say. Manufactured under controlled conditions that simulate natural diamond growth processes involving high pressure and temperatures, these gems offer a sustainable choice for consumers and align with global environmental concerns.

Hélène Tarin, Editor-in-Chief of the Asian Bureau, Rough&Polished