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
Zimbabwe reverses 2020 decision on mining royalties
08 february 2022
The Zimbabwean government has reversed its 2020 decision requiring mining companies to pay tax in foreign currency only in a bid to save the local currency. Finance minister Mthuli Ncube said in a statement that mining companies can now pay up to half of their royalties in the local currency, the Zimbabwean dollar.
WGC Report: Gold demand hits highest level in more than two years
07 february 2022
The latest ‘Gold Demand Trends Report’ from WGC has revealed that annual demand has recovered many of the COVID-induced losses from 2020 to reach 4,021t for the full year in 2021. Demand for gold reached 1,147t in Q4 2021, its highest quarterly level since Q2 2019 and an increase of almost 50% y-o-y, according to the World Gold Council-India press release.
JGT Dubai Fair to present latest collections from global suppliers
07 february 2022
Jewellery, Gem & Technology Dubai (JGT Dubai), scheduled for February 22 to 24 at the Dubai World Trade Centre, is the industry’s first physical B2B fair of the year.
In Russia, demand for jewelry increased by 25%
07 february 2022
Jewelry sales in Russia in 2021 increased by 20-25% compared to the previous year, when there was a decline, the association "Guild of Jewelers of Russia" told Izvestia. The growth was stimulated by online jewelry sales, the redistribution of spending from traveling to buying jewelry, as well as deferred demand.
Gemfields boosts emerald output, sales
07 february 2022
Gemfields increased emerald output at its 75%-owned Kagem mine, in Zambia to 32.01-million carats in 2021 at an average grade of 191 carats per tonne compared with the 9.38-million carats at an average grade of 202 carats per tonne, respectively, in 2020.
DRDGOLD projects lower H1 earnings
04 february 2022
DRDGOLD has projected lower earnings for the six months ended 31 December 2021 due to an increase in cash operating costs and a decrease in Rand gold prices. The group is set to publish its results for the period on or about February 16.
Mountain Province Diamonds announced that board of directors approved junior credit facility transaction
04 february 2022
Mountain Province Diamonds Inc. announced that it has mailed to its shareholders a notice of special meeting and management information circular and related materials for a special meeting of shareholders to be held on February 28, 2022.
Gold scam: South Africa loses billions through a VAT fraud scheme
04 february 2022
South Africa is losing billions of dollars as some second-hand industry players are allegedly engaged in a VAT fraud scheme based on illicit gold exports, according to media reports citing the tax collector.
Lab-grown diamond producer LUSIX expands team
04 february 2022
LUSIX, a leading technology-driven, sustainable producer of lab-grown diamonds, has announced that it has appointed Eyal Axelrod as its VP of Sales and Marketing. This pivotal hire comes as LUSIX expands its production capacity with its new state-of-the-art growing facility currently being built in Israel.
Debswana diamond sales up 64% in 2021
03 february 2022
Debswana Diamond Company, a joint venture between De Beers and the Botswana government, registered a 64% increase in sales of rough diamonds last year, according to data released by the Bank of Botswana. The central bank data showed that Debswana’s total value of diamond exports for the period was $3.466 billion in 2021 compared with $2.120 billion, a year earlier.
