Exclusive
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
Yesterday
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
Expert sees low grade, but profitable kimberlites in Angola
30 november 2021
A diamond consultant has said that any company willing to mine diamonds in Angola should be prepared to get low grades, but profitable kimberlites. “There is nothing to worry about as the low grades are mainly Type 2 diamonds,” SRK Consulting Canada’s Herman Grutter told Angola’s International Diamond Conference last week in Saurimo.
Christie's Jewels Online: The London Edit results
30 november 2021
Christie's Jewels Online: The London Edit (12 to 26 November) realised a total of £4,230,250/$5,655,844/€4,936,702. The top lots of the sale were a Fancy Vivid Blue Diamond of 1.02 carat, which achieved £400,000/$534,800/€466,800, and a Diamond ring by Cartier of 32.10 carats, which sold for £300,000/$401,000/€350,100.
Alexey Chekunkov: Russian Railways and Norilsk Nickel are leading companies in terms of participation in the implementation of the Clean Arctic project
29 november 2021
One of the key areas of the current Arctic agenda is the cleaning of territories from the already accumulated hazardous traces of economic activity, the volume of which is calculated in millions of tons. This was stated by Alexey Chekunkov, Minister for the Development of the Far East and the Arctic of the Russian Federation during a meeting in the Federation Council dedicated to the implementation of the public federal project "Clean Arctic".
AWDC imports-exports data for October 2021
29 november 2021
According to the data released by the AWDC, imports of rough diamonds by Antwerp decreased by 25,04% in October 2021 reaching 7 306 052,17 carats (against 9 747 005,26 carats in October 2020) and rose by 10,66% in value reaching $967 507 393 (against $874 267 708 in October 2020).
Gold may lose sheen on GOI’s plans to hike bullion GST rates
29 november 2021
The Government of India’s (GOI) proposal to hike GST on gold jewellery to 5 per cent from 3 per cent is set to derail the industry, according to India’s industry members. The Gem & Jewellery industry is currently returning to its former status after being disrupted by Covid-induced lockdowns, retailers shutting down and mandatory hallmarking.
Global diamond rough output to reach 120Mcts this year – Zimnisky
29 november 2021
The global rough diamond output is expected to reach 120 million carats this year compared to a high of 150 million carats in 2017, according to an independent diamond analyst. Global rough diamond output fell by about 20% to 111.4 million carats last year due to the COVID-19 pandemic.
Angola wants to polish 20% of the country’s total rough production
29 november 2021
“It is our target to polish 20% of our total diamond output per year,” mineral resources minister Diamantino Azevedo told the Angola International Diamond Conference (AIDC) in Saurimo. “I know 20% is not an easy task, but that is the path that we want to take for our country and Africa to add value to our natural resources.”
Gem Auctions DMCC closes largest debut rough diamond sale in industry history
26 november 2021
Gem Auctions DMCC founded by mining entrepreneur Alan Davies, held its first-ever rough diamond auction in Dubai this week. The company sold 120,000 carats for over $57 mn, marking the largest rough diamond auction debut by a new company in the history of the trade.
Luaxe full-scale mining operations ‘expected soon’ – Alrosa Angola
26 november 2021
Full-scale mining operations at the Luaxe diamond project in the Eastern Lunda Sul province are “expected soon”, according to Alrosa. Company director-general in Angola Alexander Gorlov told a diamond conference in Saurimo that they had completed exploration work at the project.
Lucara revises FY 2022 revenue, sales, production guidance upwards
26 november 2021
Lucara Diamond which owns the Karowe mine in Botswana has revised its guidance on diamond revenue for the full year 2022 from $185 million to $215 million.
