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
Motae mine in Lesotho yields another record-breaking diamond
19 may 2022
Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) and its partner, the Government of the Kingdom of Lesotho, is pleased to announce the recovery of a 204-carat diamond from the Mothae mine in Lesotho.
Russian Ministry of Finance says financial condition of ALROSA is stable
18 may 2022
The financial condition of ALROSA, which is under US sanctions, is quite stable, and the company has a margin of safety to search for opportunities to sell its diamonds, Deputy Finance Minister Alexey Moiseev told reporters in the State Duma.
Retail jewelry market in Russia reached 301 billion rubles in 2021
18 may 2022
According to the SOKOLOV Analytical Center, Russia’s retail jewelry market in monetary terms grew by 27% compared to 2020 and reached 301 billion rubles in 2021, the center said in a press release. At the same time, the market grew by only 4% in natural units. Compared to pre-pandemic 2019, the market grew by 22% in terms of money and decreased by 16% in the weight of jewelry produced.
De Beers nets $604 million in fourth sales cycle of 2022
18 may 2022
Anglo American announced that De Beers’ revenue from the fourth cycle of rough diamond sales this year reached $604 million surpassing the previous cycle result of $566 million.
Metals Focus: Platinum market surplus to fall by 40% this year
18 may 2022
Metals Focus, a leading independent precious metals market research firm, said it expects the surplus in the nearly 8-million-ounce-a-year platinum market to be down 40% this year from 2021 to 477,000 ounces with platinum trading at $990 an ounce.
Alexey Moiseev opens jewelry exhibition dedicated to the 220th anniversary of the Russian Ministry of Finance
18 may 2022
Russia’s Ministry of Finance hosted the ceremony inaugurating the jewelry exhibition dedicated to its 220th anniversary. The exposition will be available to the ministry’s employees and guests from May 16 to May 20. The exhibition presents unique works of CHAMOVSKIKH, Goznak, Argentov, Ilgiz Fazulzyanov, Evgeny Butenko, Nikolai Balmasov, and Rodis.
Synthetic diamonds poised to expand their market share
17 may 2022
Speaking at the Investing in African Mining Indaba on Monday, Botswana's Minister of Minerals and Energy Lefoko Moagi said the ban on Russia diamonds might push prices up to the benefit of rival producers, but he also said the gap would be hard to fill.
Brilliant Earth Group increased sales by 41.5% in the first quarter
17 may 2022
Brilliant Earth Group, an innovative digital jewelry company and a global leader in fine jewelry, announced its first-quarter 2022 sales of $100 million, up 41.5% year-on-year. The company's net income for the first quarter was $3.4 million.
Investment platform, LUXUS, gives investors opportunity to invest in rare diamonds and gems
17 may 2022
Backed by American entrepreneur and fashion designer Veronica M. Beard, current and former Blackstone executives, and other notable investors, LUXUS will partner with Kwiat/Fred Leighton to launch inaugural rare Argyle pink diamond.
WPIC: Platinum supply fell 13% in the first quarter, while demand went down by 26%
16 may 2022
The World Platinum Investment Council (WPIC) said in its latest quarterly report that year-on-year quarterly supply and demand were down more than expected, at 13% and 26% respectively.
