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...

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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

Lucapa defers debt repayments to 2022, beyond

17 august 2020

Lucapa Diamond has signed an agreement with Equigold and New Azilian as well as the Industrial Development Corporation of South Africa to defer $13-million in loan repayments from 2020 and 2021, to 2022 and beyond.

39th World Diamond Congress slated for Sept. 14-15 in virtual format

17 august 2020

The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that the next World Diamond Congress will be held in a virtual format on September 14 – 15, 2020, according to a press release from WFDB.

ALROSA: No conditions to pay dividends for H1 2020

14 august 2020

Announcing its financial results for the second quarter and first half of 2020 under IFRS, ALROSA informed its shareholders that there would be no interim dividend payments for the first half of the year.

Diamond jewellery sales will likely rise during the upcoming festive season – De Beers

14 august 2020

The intention to purchase diamond jewellery during the upcoming festive season was high across all markets, according to a study conducted by De Beers.

Forevermark launches in New Zealand

14 august 2020

The De Beers Group diamond brand, Forevermark, has announced that it is to launch in three stores in New Zealand.

SA diamond industry coping well as Covid-19 spreads – report

14 august 2020

South African Diamond Producers Organisation (Sadpo) chairperson Gert van Niekerk was quoted by Mining Weekly as saying that its members had adapted well to the challenges amid the current circumstances.

GJEPC to organise first-ever Buyer-Seller Meet in a virtual format

13 august 2020

GJEPC is hosting its buyer and seller meet in a virtual format for the first time, amidst the ongoing Covid-19 pandemic, according to a press release from GJEPC.

Lucapa’s Lulo reaches new monthly, daily alluvial diamond recovery records

13 august 2020

Lucapa Diamond’s 40%-owned Lulo alluvial mine in Angola has reached a new monthly carat record for July 2020 of 3,462 carats almost immediately followed by a new daily carat record of 463 carats achieved in early August 2020.

GIA to report specific color and clarity grades for LGDs

13 august 2020

The Gemological Institute of America (GIA) will report specific 4Cs color and clarity grades on its new digital reports for laboratory-grown diamonds (LGDs), replacing the currently used descriptive terms and grade ranges, as per a press release from the Institute.

ABN Amro quits trade and commodity financing

12 august 2020

Dutch bank ABN Amro announced today that its investment bank will end all trade and commodity financing operations. The Bank’s focus turns solely to Northwest Europe and clearing activities to reduce risks, according to media reports.