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...
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
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.
Angola seizes over 6k cts of diamonds in Lunda Norte under Operation Transparency
25 february 2020
Angola has seized 6,579 carats of rough diamonds in the Lunda Norte Province as part of its Operation Transparency in 2019, according to a report from the Provincial Civil Protection Commission seen by the local media.
Asean jewellery summit postponed to May amid Covid-19 outbreak
25 february 2020
Organisers of the 9th AEC Gems & Jewelry Presidents' Summit are postponing their event in Hong Kong to a later date due to the novel coronavirus spread in the city.
ALROSA unearths a yellow 17.4 ct diamond at its new Verkhne-Munskoye deposit
21 february 2020
ALROSA has recovered a 17.44-carat diamond at the Verkhne-Munskoye deposit for the first time since the beginning of its operations.
Star Diamond provides update regarding option to JV with Rio Tinto Exploration Canada Inc.
21 february 2020
Star Diamond Corporation announced that, following a review conducted by Star Diamond’s special committee with assistance from the special committee’s independent legal counsel, Star Diamond has notified Rio Tinto Exploration Canada Inc. (RTEC) that its purported exercise in November 2019 of its four options under the Option to Joint Venture agreement dated June 22, 2017 did not comply with the terms of the agreement.
Sergey Eroshkin appointed new CEO of Bourevestnik
21 february 2020
Sergey Eroshkin will become the new CEO of the Bourevestnik Innovation Center, ALROSA subsidiary, effective from February 15, 2020.
Star Rays aspires to become India’s first carbon-neutral diamond company
21 february 2020
Indian diamond manufacturer Star Rays may be the first India’s first carbon-neutral diamond company in the country, because of its commitment to sustainable business practices.
Young Indians embrace platinum as a symbol of modern love and self-expression
21 february 2020
While traditionally a market for gold jewellery, India has developed a strong appetite for platinum over the past decade.
GSI president emphasized the importance of grading reports from legitimate laboratories
20 february 2020
Debbie Azar, President and Co-Founder of Gemological Science International (GSI), emphasized the importance of grading reports from legitimate laboratories and buying diamonds and jewelry from reputable jewelry retailers.
India’s polished diamond exports down 6% y-o-y in January
20 february 2020
India’s exports of cut and polished diamonds declined by 5.67% during January 2020 registering $ 1.65 bln, against $ 1.75 bln during January 2019.
