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

De Beers Forevermark launches its first exclusive diamond boutique in Mumbai

15 december 2021

De Beers Forevermark, the diamond brand from the De Beers Group, launched its very first exclusive diamond boutique Mumbai with trusted retail partner Om Jewellers, which will exclusively retail the brand’s diamonds collection.

The 2021 New York Watch Auction realizes $35.9 Million

15 december 2021

Phillips in Association announced that The 2021 New York Watch Auction realized $35.9 million, selling 100% by lot, marking the most successful Watch auction in US history.

ZCDC on track to record production this year – minister

15 december 2021

The state-owned Zimbabwe Consolidated Diamond Company (ZCDC) is on track to record production this year, according to a senior government official. Mines minister Winston Chitando was quoted as saying by the Sunday Mail newspaper as saying that the diamond company had this year “done extremely well” without providing the projected production figures.  

Petra reduces stake in Tanzania’s Williamson Diamonds

14 december 2021

Petra Diamonds has reached an agreement with the government of Tanzania with the view to establishing a sustainable future for the Williamson Diamonds (WDL) joint venture. The Aim-listed diamond company said the agreement provides for a capital restructuring of the WDL entity, including to reflect the 16% free carried interest that the government of Tanzania is entitled to receive in the mine.

India’s gold demand dips while Asian gold hubs pick up activity

14 december 2021

According to a Mumbai-based bullion dealer, the volatility has prompted jewellers to delay purchases for the upcoming wedding season, as per a report in The Hindu BusinessLine. Customers in top consumer China were charged premiums of $7-$10 an ounce versus last week's $6-$9. Hong Kong premiums rose to $0.80-$1.80 from $0.50-$1previously.

Anglo American to deliver 35% growth over the next decade

14 december 2021

Diversified miner Anglo American is set to deliver 35% growth over the next decade at an attractive 50% margin. Group chief executive Mark Cutifani said they are also increasing their near-term performance improvement target to between $3.5 billion and $4.5 billion by 2023.

Surat’s diamond artisans in dire straits due to shortage of rough diamonds

14 december 2021

In Surat, Indian’s diamond manufacturing and trading hub, workers are being deployed for only three days a week of late due to a shortage of rough diamonds. Diamond exporters have reduced purchases of rough diamonds owing to high prices, thereby reducing the need for workers for cutting and polishing of diamonds.

Lucapa completes acquisition of Merlin diamond project

13 december 2021

Lucapa Diamond’s wholly owned subsidiary Australian Natural Diamonds (AusND) has completed the acquisition of the Merlin diamond project in the Northern Territory of Australia.

Consumer appetite for lab grown diamonds grows with desire for larger diamonds

13 december 2021

Jean Dousset, a bespoke fine jewelry & engagement ring brand founded by the great-great-grandson of Louis Cartier, released their 2021 Engagement Ring Survey results, revealing consumer insights on lab-grown diamond rings.

ALROSA nets $ 334 million for rough and polished diamonds sold in November

13 december 2021

According to the company's preliminary data on the sale of rough and polished diamonds in November 2021, the total revenue was $ 334 million, including $ 310 million for rough diamonds and $ 24 million for polished diamonds.