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

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Rio Tinto ups stake in Sovereign to 19.76%

04 july 2024

Rio Tinto Mining and Exploration has increased its shareholding in Sovereign, a company advancing a tier-1 Kasiya Rutile-Graphite Project in Malawi, to 19.76%.

Luk Fook jewellery retailer’s profit up due to influx of tourists and higher gold prices

04 july 2024

Hong Kong jewellery company Luk Fook Holdings published the results of the 2023-2024 financial year that ended on March 31 and reported a 28% increase in revenue. The retail chain, which has over 3,500 jewellery stores, earned $1.96 billion over the year. Gross profit increased by 29.2% to $534 million.

Diamond jewelry demand in Russia increases 2.5 times since 2021 - 585*GOLDEN

04 july 2024

The 585*GOLDEN jewelry retailer has recorded jewelry demand trends from 2021 to 2024. The results of a large-scale study by its department of analytics and data were announced at the annual Russian Retail Week forum in Moscow.

Fabergé x Gemfields Malaika Egg valued at $1.2 mln

03 july 2024

Jeweller Fabergé has partnered with Gemfields to produce the unique Fabergé x Gemfields Malaika Egg, priced at $1.2 million.

MIPT opens postgraduate school for blockchain technologies

03 july 2024

The Physics and Technology School of Applied Mathematics and Informatics of the Moscow Institute of Physics and Technology (MIPT) has opened enrollment for postgraduate studies in the field of distributed ledgers (blockchain technologies). The postgraduate program will be the first state curriculum in Russia that is entirely dedicated to this area.

DRC State miner Gecamines blocks sale of cobalt miner Chemaf

03 july 2024

The Democratic Republic of Congo's State miner, Gecamines, has decided not to approve the sale of cobalt miner Chemaf and its Congolese assets to Norin Mining, a Chinese miner.

Gem Diamonds recovers the eighth large diamond at Letšeng

03 july 2024

Gem Diamonds has extracted a 123.20ct Type II white diamond at its 70%-owned Letšeng mine in Lesotho.

A gold deposit to be developed in Kabardino-Balkaria

03 july 2024

The Elbrusmetall company plans to develop the B.K. Mikhailov gold deposit located in the mountains near the city of Tyrnyauz (Kabardino-Balkarian Republic), the press service of the Rostec state corporation reported.

GJEPC initiates measures to make India a global trading hub for diamonds and gemstones

02 july 2024

The Gem & Jewellery Export Promotion Council of India (GJEPC) has approached the government with proposals aimed at transforming the country into a global hub for the trade of diamonds and precious stones.

Anglo pays $23.5bln in taxes, economic contributions to host governments in 2023

02 july 2024

Anglo American paid around $23.5 billion in total tax and economic contributions throughout its global activities in 2023, compared to $24.5 billion recorded in 2022.