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...

18 november 2024

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

12 firms clandestinely extracting diamonds in Marange – report

28 april 2020

Zimbabwe is losing “billions of dollars” through clandistine diamond mining in Marange by unnamed 12 companies, highly placed sources within the Zimbabwe Consolidated Diamond Mining Company (ZCDC) and ministry of mines have alleged.

RBI writes off over $8920 mln loans, Mehul Choksi among 50 top wilful defaulters: RTI

28 april 2020

The Reserve Bank of India (RBI) has admitted to writing off a staggering amount of around $ 8920 mln due from 50 Top Wilful Defaulters, including absconding diamantaire Mehul Choksi.

Tremendous success of Sotheby's online auctions

28 april 2020

Auction house Sotheby's says that despite the corona virus pandemic, their online auctions have been a tremendous success with over 90% of the lots on offer sold and over 60% of them selling at prices that exceeded estimate prices, totaling US$6.1 milion.

Fura Gems acquires ruby licence in Mozambique

27 april 2020

Fura Gems has received a ruby licence from the Ministry of Mineral Resources and Energy of Mozambique (MIREM).

Lucapa boosts Q1 output, sales at Lulo

27 april 2020

Lucapa Diamond produced 4,891 carats at its 40%-owned Lulo alluvial project, in Angola during the first quarter of the year, a 45% jump compared to 3,369 carats, a year earlier.

Cartier’s Tutti Frutti bracelet to go under the hammer

27 april 2020

Cartier’s Tutti Frutti bracelet will be auctioned off at Sotheby’s online auction in New York.

Christie’s to auction over 100 Cartier timepieces

27 april 2020

Auction house Christie’s will sell 101 models of Cartier clocks.

STPL, Surat-based company develops IndoVent to help India fight COVID-19

24 april 2020

An Indian company, the Surat-based STPL, a global giant in the diamond industry and medical equipment related technologies, has developed indigenous ventilator named IndoVent.

Gem Diamonds recommences mining operations in Lesotho

24 april 2020

Gem Diamonds will next week recommence mining operations at its Letšeng mine in Lesotho, despite the general lockdown in the country having been extended until 5 May.

Antwerp diamond trade weathers Q1, storm breaks in April

24 april 2020

The cautious optimism that had returned to the Antwerp diamond industry following a robust month of trade in January - and into February for the rough trade - turned out to be short-lived, as the explosive spread of the novel COVID-19 coronavirus first closed the Eastern markets and gradually made its impact felt across the global diamond industry.