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

De Beers H1 revenue more than halves as Covid-19 continues to wreak havoc

03 august 2020

De Beers’ revenue dropped by 54% to $1.2 billion in the first half of 2020 compared with $2.6 billion, a year earlier, according to Anglo American.

Lucapa’s Lulo earns $3.7m from latest tender

03 august 2020

Lucapa Diamond has sold 2,625 carats from its 40%-owned Lulo alluvial diamond mine, in Angola for $3.7 million, representing an average price of $1,400 carat.

Just Diamonds offers unique software to retailers

03 august 2020

Just Diamonds, a Birmingham-based CMJ supplier of certified diamonds with unique buying software, has reported record results in its fourth year of trading driven by new customers, with turnover up 9.5 percent year-on-year in 2018/19.

WGC releases Global Gold Demand Trends for Q2 and H1 2020

03 august 2020

According to the World Gold Council’s Report released recently, the following are the highlights of the Gold Demand Trends for Q2 and H1 2020.

Christie’s NY sale of diamond necklace yields $6.3 million

31 july 2020

Christie’s New York July 29th auction of Magnificent Jewels totaled $28,142,500 with 87% sold by value and 83% sold by lot.

Gem Diamonds registers strong Letšeng H1 sales despite challenges

31 july 2020

Gem Diamonds raked in $74 million from 43 384 carats recovered at its Letšeng in Lesotho during the first half of the year compared to $87.6 million realised from 55 578 carats sold in the previous half.

Lithoquest Diamonds presents corporate update for new projects

31 july 2020

Lithoquest Diamonds Inc. (TSX-V:LDI) operating in Western Australia provided a corporate update on 30 July providing details about the company’s New Project Initiatives through a press note.

Diamcor rakes in $271k from latest tender, continues with cost reduction measures

31 july 2020

Diamcor recently completed a tender and sale of 2,427 carats from its Krone-Endora at Venetia Project, in South Africa, generating gross revenues of $271,263.

ALROSA to auction over 2000 carats of large diamonds in August

30 july 2020

The company announced that it will hold a digital online auction from 4 to 20 August offering special-sized diamonds (over 10.8 carats) to potential customers. The total offer will reach about 2,300 carats.

Zim speaker of Parly calls for consistent diamond mining policies

30 july 2020

The Zimbabwean speaker of Parliament has called for diamond policies in the country to be consistent so as to attract investment and protect investors’ property rights.