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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
Rio Tinto Diamond production down 8%, revenue dips 11% in 2019
27 february 2020
With output slipping at both its mines, Rio Tinto Diamond’s production fell 8% to 17 mln carats for the year 2019.
GSI identified HTHP lab-grown diamond with “laser drill channel”
27 february 2020
Gemological Science International’s (GSI) Mumbai laboratory identified a HTHP lab-grown diamond with what appeared to be laser drilled channel.
Angola hunts for independent valuators of rough diamonds
26 february 2020
The government of Angola is looking for three independent valuators to assort, value and determine the reserve prices of Angolan rough diamonds prior to their commercialisation.
Firestone revises production guidance
26 february 2020
Firestone Diamonds, which has a 75% stake in the Liqhobong mine, in Lesotho, has revised its production guidance for the fiscal year 2020 due to power disruption and a subsequent review of the mine plan.
GJEPC’s 13th IIJS Signature & 7th IGJME give head-start to 2020 buying season
26 february 2020
The 13th edition of IIJS Signature and the 7th edition of India Gem & Jewellery Machinery Expo (IGJME) organised by the Gem & Jewellery Export Promotion Council (GJEPC) gave a headstart to the 2020 buying season.
ALROSA earns $11.9 mln at auction in Vladivostok
26 february 2020
During the February international auction for the sale of special-sized diamonds (over 10.8 carats), which was held in Vladivostok, ALROSA sold 123 diamonds with a total weight of 2205 carats.
Lucapa recovers rare type IIa diamonds from Lulo kimberlite exploration
26 february 2020
Lucapa Diamond, which recently recovered 45 diamonds weighing 30.3 carats from a stream bulk sample taken from the Canguige tributary, in Angola, has confirmed the presence of rare Type IIa gems, along with a light fancy yellow.
Unique diamonds produced by AGD DIAMONDS are in high demand
25 february 2020
This last Monday, AGD DIAMONDS held the first auction for the sale of special-sized diamonds (10.8+) this year on the e-trading platform operated by its trading arm, Grib Diamonds from the diamond miner’s Antwerp office. The resulting total sales reached more than $ 15 million.
Lucapa realises $1.9m from latest Lulo diamond sale
25 february 2020
Lucapa Diamond sold a parcel of 1,223 carats of diamonds from its 40%-owned Lulo alluvial diamond mine, in Angola for $1.9 million, representing an average price of $1,535 per carat.
Lower sales volumes hit De Beers EBITDA in 2019
25 february 2020
De Beer’s underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased by 55% to $558 million in 2019 compared with $1,2 billion, a year earlier due to lower sales volumes, a lower value sales mix which curtailed mining margins.