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...
Yesterday
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
Foreign buyers to purchase Angolan diamonds in forex
08 june 2020
Foreign buyers of Angolan diamonds are now obliged to purchase local stones in foreign currency, according to a notice released by the National Bank of Angola (BNA).
Geological Survey of India discovers 250 kg gold reserve in India
08 june 2020
The Geological Survey of India (GSI) submitted a report to the Government of Jharkhand on 3 June 2020 that it has discovered about 250 kg of Gold resource in Jharkhand, a state in North India.
Namibia blocks extension of diamond middleman’s contract
08 june 2020
The Namibian government has rejected the state-owned diamond company Namdia’s plans to extend the contract of their middleman and global diamantaire Neil Haddock.
Deal between LVMH and Tiffany & C° is potentially falling through
08 june 2020
The deal between LVMH and Tiffany & C °, which was announced earlier this year, could potentially fail.
A gang member who stole £4million worth of gems jailed for nearly four years
08 june 2020
A gang member who in 2016 stole £4million worth of gems from a Mayfair jewellers in one of the biggest thefts in British criminal history has been jailed for nearly four years.
ALROSA's net profit for the first quarter fell 87% y-o-y
05 june 2020
ALROSA’s net profit for the 1st quarter of 2020 under IFRS amounted to 3 billion rubles, which is a 74% drop from 11.7 billion rubles compared to the previous quarter and fall of 87% compared to last year due to non-cash factors.
Indian diamond manufacturers urged not to import rough diamonds in June
05 june 2020
At present, about 30 per cent diamond manufacturing units in Surat have resumed operations, due to shortage of workers.
Angola H1 diamond revenue falls
05 june 2020
Angola’s diamond revenue has dropped in the first half of the year, according to the governor of the National Bank of Angola, José de Lima Massano.
ALROSA’s Severalmaz cuts production
05 june 2020
PJSC Seralmaz, part of the ALROSA Group, will reduce production at its Lomonosov Division in 2020 due to the closure of the Group’s key sales markets and a slump in demand for diamonds amid the coronavirus pandemic.
Titan to record decreased profit for 1H due to COVID-19
05 june 2020
Tata Group company Titan recently announced that the company’s operating cash flow was negative in the last two months due to virtually zero sales in the first six weeks of lockdown.
