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
Angola could become the second-largest diamond producer by 2030 – minister
02 march 2022
Angola has potential to become the world’s second-largest rough diamond producer by 2030, according to media reports citing a cabinet minister. The country is currently the fourth largest rough diamond producer.
Mountain Province Diamonds announced results of special meeting of shareholders
02 march 2022
Mountain Province Diamonds Inc. announced that at its special meeting of shareholders held on February 28 87% of the votes held by disinterested shareholders were cast in favour the previously announced debt financing transaction that significantly strengthens the company's financial position ahead of a broader refinancing of the company's indebtedness later in 2022.
Cloudiness of Kuvimba’s ownership stalls development of Zim platinum project
01 march 2022
Impala Platinum, the world’s third-largest producer of platinum group metals, has asked for greater transparency on the ownership of a state-run company before considering a joint venture in the Darwendale project.
Sarine‘s revenue up 52%, net profit up nearly 600% in FY 2021
01 march 2022
Sarine has announced its full-year FY2021 results for the 12 months ended 31 December 2021. With the gradual resumption of retailing activities in H2 2020, the diamond industry rebounded in late 2020 and this positive momentum carried over into 2021. The pent up demand, continuing restrictions on international travel and fiscal stimulus by many governments contributed to strong consumer demand for diamond jewellery in 2021.
WFDB concludes successful Presidents’ Meeting in Dubai
01 march 2022
The World Federation of Diamond Bourses (WFDB) concluded a very successful Presidents’ Meeting at the DMCC in Dubai last week, during which the organization adopted a resolution in support of social responsibility, transparency, compliance and full disclosure.
Lucara eyes $4bln additional revenue from Karowe underground expansion project
01 march 2022
Lucara Diamond’s Karowe underground expansion project, which seeks to extend the mine life to at least 2040, is forecast to contribute about $4 billion in additional revenues, using conservative diamond prices.
Palladium shipments by Norilsk Nickel face disruptions due to air travel bans for Russia – media
28 february 2022
Palladium, which is mainly used in car catalytic converters, is usually transported by passenger aircraft. With much of Europe's airspace closed to flights from Russia, mining companies such as Norilsk Nickel are exploring alternative routes to supply customers, a source familiar with the matter said.
Lucapa growth strategy succeeds as core earnings quadruple
28 february 2022
ASX listed diamond miner and explorer Lucapa Diamond said it continued to focus on its growth strategy with its partners by expanding operational capacities at Lulo in Angola and Mothae in Lesotho.
"Women's business": relaying reality
28 february 2022
Just like a year ago, on the eve of the women's international holiday (which was by no means canceled by the gender agenda), on March 1-7, the Moscow gallery Ilgiz F. will host the second exhibition under the title "Women's Business", with the exclusive participation of women only - jewelers and designers.
Petra Diamonds latest tender rakes in $110mln
28 february 2022
Petra Diamonds has sold 589,168 carats of the fourth tender cycle for the fiscal year 2022 for $110.5 million at an average price of $188 per carat. The company said 80% of the volume of its fourth tender cycle was sold.