Exclusive
Mmetla Masire: Okavango to resume diamond sales in January
Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...
Today
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
No offers yet for Petra’s Williamson Diamond Mine
31 august 2020
Petra Diamonds is yet to receive an offer for its Williamson Diamond Mine, in Tanzania two months after it announced plans to sell its assets, according to the local media.
Tiffany reports improvement in sales trajectory and profitability in Q2
31 august 2020
Tiffany & Co. has returned to profitability during the second quarter of 2020 behind meaningful sequential improvements in monthly worldwide net sales from May to July.
GIA, JD.com and Everledger enhance digital experience for consumers
31 august 2020
The Gemological Institute of America (GIA) is working with JD.com, China’s largest online and offline retailer, and Everledger, an independent technology company, to implement a blockchain collaboration that will increase trust and transparency and enhance the digital ecommerce experience for consumers by securely and digitally providing GIA’s industry-leading diamond grading reports.
Angolan police go after illegal diamond miners in Lunda Sul
28 august 2020
Angolan police have seized several equipment used in illegal diamond mining in the eastern Lunda Sul province, according to local media.
De Beers mindful of consumer demand for ethical, transparent diamond mining
28 august 2020
Consumers, including diamond jewellery buyers, are now conscious about what they buy and the brands they associate themselves with in terms of sustainable and ethical purchases, according to De Beers.
LVMH and Tiffany push back deal deadline by 3 months
28 august 2020
French luxury goods giant LVMH and U.S. jewellery chain Tiffany will give themselves another three months to complete their $16.2 bn tie-ups after the deal did not close on the Aug. 24 date set out in deal documents, according to media reports.
Equalisation levy is not applicable on e-trade of rough diamonds, says India’s FM
28 august 2020
At a representation meeting held on 27 August with The Gems and Jewellery Export Promotion Council of India (GJEPC), Smt. Nirmala Sitharaman, Hon’ble Minister of Finance, Govt of India has clarified that the e-trade of rough diamonds does not attract 2 percent equalisation levy.
Coronavirus to delay conclusion of new sales deal between Botswana, De Beers
27 august 2020
The coronavirus pandemic, which is currently ravaging the world, is expected to delay the conclusion of a new sales deal between the Botswana government and De Beers.
ALROSA sells over 1,700 carats of diamonds at a digital auction held in August
27 august 2020
At a digital auction, which was held by ALROSA from 4 to 20 August, the miner sold 132 lots of large diamonds (over 10.8 carats) totally weighing over 1,700 carats. In a press release distributed by the company, the amount of revenue was not disclosed.
RioZim’s Murowa Diamonds sees demand picking up
27 august 2020
Zimbabwe’s second-largest diamond miner, Murowa Diamonds, is expecting demand to bounce back after the coronavirus pandemic forced the parent company, RioZim to stop sales last March.
