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

Expert RA affirmed credit rating of AGD DIAMONDS at ruBB +

22 may 2020

The Expert RA rating agency extended the “under supervision” status for the credit rating of AGD DIAMONDS. The company rating remains at ruBB + with a stable outlook.

BlueRock mulls diamond investment fund

22 may 2020

BlueRock Diamond is considering a diamond investment fund to buy its rough stones during this period of market uncertainty, according to Mining Capital's Alastair Ford.

Endiama comes to the rescue of alluvial diamond miners

22 may 2020

Angolan state-owned diamond company, Endiama has acquired earth moving equipment worth $10 million to reduce operating costs of companies involved in alluvial diamond mining.

ALROSA to hold online sales of large diamonds despite the coronavirus pandemic

22 may 2020

The Russian company ALROSA has announced an online tender for its long-term customers, which runs from May 15 to May 29, 2020

ABN AMRO announces first financial loss in recent years

22 may 2020

The Dutch bank ABN AMRO, which also specializes in servicing the diamond and jewelry industries, reported a net loss in the first quarter of  € 395 million, which is about two times higher than analysts' estimate.

Catoca cuts production as diamond sales drop in response to Covid-19 pandemic

21 may 2020

Angola’s largest diamond mining company, Sociedade Mineira da Catoca, has partially suspended its prospecting activities and reduced its production and treatment capacity in response to a drop in sales caused by the Covid-19 pandemic.

Botswana ends 48-day lockdown as borders remain closed to foreign diamond buyers

21 may 2020

Botswana ended a 48-day lockdown at midnight on Wednesday, a move that will see all businesses reopen, but under strict conditions.

Israeli diamond sector shuts down amid COVID-19 crisis

21 may 2020

The once vibrant diamond exchange floor in Tel Aviv remains shut and the diamond district, one of the world’s main trade and polishing centres, is still deserted.

India’s polished diamond exports dip 49% in March

21 may 2020

During March 2020, cut and polished diamond exports from India totalled $ 960.49 mln as against $ 1,858.33 mln in March 2019, registering a decline of 49%.

Civil society warns: pandemic disastrous for artisanal mining

21 may 2020

In a joint letter, 73 organisations are calling on governments and mining industry actors to increase efforts towards the artisanal and small-scale mining (ASM) operations across the globe.