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...
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
DMCC doubles Chinese companies over the last 5 years
15 september 2022
DMCC has announced a doubling of Chinese companies in its Free Zone, and adding on average more than two Chinese companies a week. DMCC is home to 703 Chinese businesses, representing nearly 12% of the Chinese companies in the UAE.
‘This was horrific’ – SA president on collapsed dam wall at disused diamond mine
14 september 2022
South African President Cyril Ramaphosa says the collapse of a dam wall at a disused diamond mine in Jagersfontein, Free State was horrific. One person died, while four are still missing following the accident, which also caused massive destruction of property and loss of animals.
Petra Diamonds more than doubles adjusted EBITDA
14 september 2022
Petra Diamonds’ adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 103% to $264.9 million for the year ended 30 June 2022 from the previous year’s 130.2 million, reflecting positive operational leverage from its revenue growth and improved efficiencies from Project 2022.
Mastercard SpendingPulse: U.S. retail sales expected to grow 7.1% this holiday season
14 september 2022
This holiday season, U.S. retail sales excluding automotive are expected to increase 7.1% year over year, according to the Mastercard SpendingPulse annual holiday forecast. This includes anticipated jewelry sales growth this year by 2.2% over 2021 in the traditional holiday shopping season lasting from November 1 to December 24.
India’s gold industry requires a self-regulatory organization
14 september 2022
India’s gold industry has evolved and matured over recent years. Initiatives have been taken to create greater cohesion and consistency, improve compliance and foster confidence. That is why the time is right to establish a self-regulatory organisation (SRO) for India’s gold industry, suggests the World Gold Council.
Petra realises $102.9 mln from first tender of FY 2023
13 september 2022
Petra Diamonds has raked in $102.9 million from 520,011 carats sold at its first tender of the fiscal year (FY) 2023. The diamond miner sold a high proportion of high-value gem-quality single stones particularly from the Cullinan Mine, in South Africa.
Diamond Fields discovers new gold zone at Burkina Faso project
13 september 2022
Diamond Fields Resources recently completed the initial drilling programme at its now renamed Cascades Gold Project in Burkina Faso, which shows that it has an indicated gold resource of 264,000 ounces (oz) of gold at 1.52 grams per tonne.
585*GOLD increases watch sales by launching new brands
13 september 2022
The 585*ZOLOTOY chain is expanding its range of watches, including through the conclusion of new supply contracts with global brands. Analysts predict a drop in retail sales in the Russian market as a whole by the end of 2022 to 34%, albeit with a further slow but steady recovery.
HKTDC Hong Kong Watch & Clock Fair and Salon de TE conclude successfully
13 september 2022
The physical shows of the 41st HKTDC Hong Kong Watch & Clock Fair and 10th Salon de TE drew to a successful close, as per a press release from HKTDC. This year's fairs adopted the new EXHIBITION+ hybrid model, attracting more than 6,200 industry buyers to visit the physical fairs and browse products online, as well as more than 25,000 public visitors to shop for exquisite timepieces.
Dam wall collapses at South Africa’s disused Jagersfontein diamond mine
12 september 2022
A dam at South Africa’s abandoned Jagersfontein diamond mine collapsed early Sunday, prompting a deluge that damaged property and killed at least three people.
