Exclusive
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
Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets
Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.
16 september 2024
Mauboussin: Diamond prices have increased by about 30%
22 february 2023
Diamond prices have increased by about 30%, Alain Némarq, CEO of the French jewelry brand Mauboussin, said in an interview with FRANCE INFO TV channel.
Petra H1 revenue dips to $212.1 mln
21 february 2023
Petra Diamonds’ first-half revenue for the fiscal year 2023 eased to $212.1 million from $264.7 million, a year earlier. It said revenue from rough diamond sales decreased 20% to $210.7 million compared to the previous year’s $264.7 million.
Firestar Diamond's gems & metals to go on sale to pay off $1.5 bn to lenders
21 february 2023
India has appointed a court liquidator to auction precious metals and gemstones belonging to Firestar Diamond International Pvt., once owned by Nirav Modi, to clear total claims of lenders amounting to more than $1.5 billion.
IIa Technologies fully vindicated in a patent battle with De Beers Group Company, Element Six
21 february 2023
After almost seven years of litigation against Element Six Technologies Ltd, the Court of Appeal issued its decision and allowed IIa Technologies’ appeal on February 17, 2023.
De Beers confident of maintaining its long-standing partnership with Botswana
21 february 2023
De Beers is confident of maintaining its long-standing partnership with Botswana, a company official has said.
Diamonds from the DRC: exports to Belgium increased by 12% in 2022, but the UAE remains in first place
21 february 2023
The Democratic Republic of the Congo officially exported 11.68 million carats of diamonds in 2022, compared with 12.68 million in the previous year.
Amplats core earnings down 32% in 2022 to R74bn
20 february 2023
Anglo American Platinum (Amplats)’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) was R74 billion in 2022, a 32% drop when compared to R108 billion in 2021. It said that the impact of lower prices reduced EBITDA by R14.3 billion, coupled with the inflationary impact of the consumer price index of R3.2 billion.
Russian Federation and Yakutia authorities are set to extend shareholder agreement of ALROSA
20 february 2023
According to a report by Kommersant, the authorities of the Russian Federation and Yakutia are set to extend the ALROSA shareholder agreement, which is to expire in 2023, for an additional five years on the same terms.
G7 and EU will try to identify diamonds of Russian origin
20 february 2023
In response to growing concerns over the trade of conflict diamonds, the G7 and the European Union have announced plans to track and trace Russian diamonds as they cross international borders, according to Bloomberg citing people familiar with the matter.
Diamond industry to face four major trends in 2023 and beyond
20 february 2023
The global diamond market is expected to undergo significant changes in the coming years, with several predictions pointing to shifts in the way diamonds are sourced, marketed, and sold. According to a recent report by the National Jeweler, the diamond industry is likely to face four major trends in 2023 and beyond.
