Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

BRICS markets may prove promising for ALROSA diamonds

16 october 2024

ALROSA sees prospects for diamond demand in the BRICS countries in the medium and long term.

"We consider promoting demand for diamonds in the BRICS countries to be extremely promising not only for ALROSA, but also for all diamond mining companies and countries in order to achieve sustainable demand for diamond products in the medium and long term," RIA Novosti quotes the company's statement.

"The formation of BRICS+ standards seems to be a natural continuation of the overall work of the diamond mining industry to ensure its contribution to the UN Sustainable Development Goals," ALROSA added.

Earlier on October 9th, a meeting of BRICS finance ministers and central bank governors in Moscow hosted an informal dialogue platform on cooperation in the diamond industry, held with assistance from the African Diamond Producers Association (ADPA).

ALROSA noted that the creation of a unified approach to the sustainable development of the diamond industry in the BRICS+ countries helps strengthen the connection between all industry participants - from the mine to the market.

"The launch of a dialogue platform on diamonds in the BRICS+ format with the participation of African diamond-mining countries will help strengthen trade and business ties between our countries, create new forms of cooperation and develop a unified position of all segments of the diamond pipeline - from mining to retail - in the common interests of the stable development of the industry. It is important to emphasize that our cooperation is based on the principles of the Kimberley Process Certification Scheme as the only universal mechanism for regulating the global trade in rough diamonds," said Alexey Moiseyev, Deputy Minister of Finance of the Russian Federation.

Theodor Lisovoy, Managing Editor, Rough&Polished