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

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Russia to continue diamond exports despite G7 sanctions - finance minister

28 december 2023

Russian finance minister Anton Siluanov told reporters during a briefing on the results of 2023 that the export of Russian diamonds will continue despite the restrictions imposed by Group of Seven (G7) countries.

IDMA stresses need to protect members of the diamonds industry in the wake of G7 sanctions on Russian diamonds

28 december 2023

The International Diamond Manufacturers Association (IDMA) issued a statement following the Group of Seven (G7) decision to impose sanctions on Russian diamonds, reiterating the need to protect the lives and livelihoods of all those employed in the mining and manufacturing of diamonds.

The Moscow Exchange to begin publishing investment diamond price index

28 december 2023

The Moscow Exchange will calculate and publish Russian investment diamond market price index on a weekly basis.

Nornickel's subsidiary issues digital tokens for PGMs

28 december 2023

Nornickel’s metals digitalisation firm, GPF Investments (GPFI), has successfully issued four types of tokens linked to platinum group metals — platinum, palladium, ruthenium, and iridium — on the Atomyze blockchain platform. Currently, these financial instruments are accessible exclusively to qualified investors.

Gold reserves in Russian banks amounted to 73.1 tons by December

27 december 2023

Russian banks increased their gold reserves to 73.1 tons by the beginning of December 2023, according to data from the Bank of Russia.

IRH to invest $1.1 billion in Mopani Copper Mines

27 december 2023

ZCCM-IH has entered into an agreement with International Resources Holding (IRH), under which it has committed to invest a total of $1.1 billion in Mopani Copper Mines (MCM) as a strategic equity partner (SEP).

Titan introduces an exclusive range of 18ct gold watches

27 december 2023

Nebula by Titan introduces a collection of luxury watches crafted in solid 18 carat gold and adorned with precious stones, embodying authenticity and contemporary expression.

Antofagasta to significantly increase its copper production in Chile

27 december 2023

Antofagasta plans to invest $4.4 billion to construct a second concentrator plant at its Centinela copper project in Chile which will add 170,000 tons of copper-equivalent per year to the company's output.

ICRA estimates India's jewellery consumption growth at 10-12% in FY2024

26 december 2023

ICRA has revised its forecast of the YoY domestic jewellery consumption growth in value terms for FY2024 to 10-12 per cent from 8-10 per cent estimated earlier. This, it said, will be primarily driven by the rise in gold prices.

SLGJA: VAT to wipe out Sri Lanka's gem and jewellery industry

26 december 2023

Sri Lanka Gem and Jewellery Association (SJGJA) members have issued dire warnings of serious damage with imposition of 18% Value Added Tax (VAT) on import of precious rough stones and local sales of gems and gem studded jewellery to tourists from 1 January 2024.