Exclusive
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...
Yesterday
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
DMCC's new member registrations increase 23% in 2022
10 january 2023
DMCC, the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has achieved its best-ever year for new member company registrations, attracting 3,049 new businesses to Dubai in 2022. An increase of 23% year-on-year, this breaks the previous record set in 2021 when DMCC registered 2,485 new members, according to a press release from DMCC.
Indian jewellery industry seeks abolition of duty on LGDs
10 january 2023
Gem and jewellery exporters of India have urged the government to announce support measures like the abolition of import duty on raw material for lab-grown diamonds (LGDs) and jewellery repair policy to promote the sector and boost shipments in the forthcoming Budget, as per a PTI report.
Diamond jewellery demand increases in UAE, as gold continues to shine
10 january 2023
Gold jewellers in Dubai say that preference for diamond jewellery and alternative metals such as platinum, silver, rose gold, and white gold has increased among young consumers, while the demand for traditional jewellery still holds good. While personalised designs are also becoming a vogue among shoppers in the post-pandemic period, the younger consumers’ jewellery preferences are consistently evolving, influenced by affordability, minimalism, cultural trends and the growing popularity of all-season jewellery.
Mastercard SpendingPulse: Jewelry trade decreased by 5.4% in the USA during the holiday season
10 january 2023
The volume of retail jewelry in the United States during the holiday season, which lasted from November 1 to December 24, decreased by 5.4% year-on-year. These data was published by the Mastercard SpendingPulse information service.
Caledonia acquires Bilboes gold project in Zim
09 january 2023
Caledonia Mining has expanded its operations in Zimbabwe following the acquisition of the Bilboes gold project, a high-grade gold deposit located 75 km north of Bulawayo. The project has produced approximately 288,000 ounces of gold since 1989.
Hong Kong's jewellery retail sales dips by 8.3% in November 2022
09 january 2023
On January 4, 2023, the Census and Statistics Department (C&SD), Government of HongKong released the latest figures on retail sales for November 2022.
Global Commodities Holdings to launch nickel trade platform in February
09 january 2023
UK-based Global Commodities Holdings (GCH) said its planned physical nickel trading platform will launch in late February, and expects it to eventually offer an alternative to the London Metal Exchange's (LME) nickel futures contract.
Diamond prices end year with decline
09 january 2023
Diamond markets were quiet toward the end of December as wholesalers took vacation between Christmas and New Year. Major dealers were satisfied with the holiday season but remained cautious about their short-term prospects.
Kruger Diamond Traders DMCC to kick off its first rough tender in 2023 in Dubai on the coming Saturday
04 january 2023
Kruger Diamond Traders DMCC has announced that it will start its first Tender of 2023 from 7th January – 11th January 2023. The company which is only a few Tenders old in DMCC has received an overwhelming response from clients worldwide.
2021: The most extraordinary year ever for watch auction business
04 january 2023
2021 has probably been the most extraordinary year ever for the watch auction business with outstandingly high levels of global activity, The Mercury Project agency reported.