Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

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...

04 november 2024

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

Richemont announced interim results ended 30 September 2020

09 november 2020

The Group’s Sales for the half year decreased by 26% at actual exchange rates to € 5 478 million and by 25% at constant exchange rates.Online retail channel sales down by 4% at actual exchange rates. Sales in China were up by 78% at actual exchange rates that partly mitigated double digit declines in Europe, the Americas and Japan.

Debswana's Damtshaa mine to close on weak demand – report

09 november 2020

Damtshaa mine, which is owned by Debswana, a joint venture between De Beers and the Botswana government, is set to close next year due to weak demand and trading challenges as a result of the COVID-19 pandemic.

VTB Head Andrey Kostin admitted that AGD Diamonds may be resold

09 november 2020

At least two serious buyers are interested in diamond miner AGD Diamonds, said Andrey Kostin, Head of VTB at a press conference during the investment forum "Russia calling!" held by VTB Capital.

ALROSA invests more than 100 million rubles in the development of Kristall

09 november 2020

ALROSA announced that it will invest more than 100 million rubles in the technological development of Kristall Smolensk in 2021 and plans to ensure full utilization of its cutting capacity.

Mountain Province Diamonds announced 3Q results

09 november 2020

In Q3 2020, Mountain Province mined a total of  9,881,000 total tonnes mined, a 16% decrease from 11,742,000 total tonnes mined in Q3 2019. 821,000 tonnes treated, an 8% decrease from the 891,000 tonnes treated in Q3 2019.

Hong Kong’s jewellery sales dip 25.7% in September vs last year

09 november 2020

According to a report from the Hong Kong government, the jewellery retail sales in September declined at 25.7 per cent in September 2020. The decline was slower during September as against previous months due to the easing of COVID-19 infections in the city (in August the slump was 37.8 per cent and in July it reached 54.3 per cent). Jewellery sales in the first three quarters were down 59.6 per cent.

Lucara engages Louis Vuitton, HB Antwerp to cut and polish 549ct white gem diamond Sethunya

06 november 2020

Lucara Diamond has agreed with Louis Vuitton and HB Antwerp to cut and polish the exceptional 549-carat white gem diamond also known as Sethunya meaning flower in Setswana.

Yoram Dvash Elected Chairman of the Israel Diamond Institute

06 november 2020

Yoram Dvash, the outgoing President of the Israel Diamond Exchange (IDE), was elected as Chairman of the Israel Diamond Institute (IDI) by the IDI Board of Directors for a three year term. Dvash replaces Boaz Moldawsky, who resigned the position last week.

Sarine Galaxy® Service Centre to open in Dubai

06 november 2020

Sarine Technologies Ltd has announced that a Galaxy® service centre is opening in Dubai in cooperation with TRIGEM DMCC. The Sarine Galaxy® inclusion scanning centre for rough stones will open in Dubai to provide services to customers in this evolving trading centre for rough and polished diamonds.

Synthetic diamond market to grow at 7.85% annually between 2019 and 2024

06 november 2020

The synthetic diamond market is projected to grow at a compound annual growth rate (CAGR) of 7.85% between 2019 and 2024, according to a new report by Absolute Reports.