Exclusive
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
China lockdowns hit lab-grown diamond output in India
20 february 2023
Lockdowns in China have affected the production of lab-grown diamonds in India. The supply constraint has come at a time when India is witnessing rapid growth in the production of lab-grown diamonds - output this month was projected to be 3.6 million carats, more than double a year earlier.
RZM Murowa aircraft transporting diamonds crash lands
17 february 2023
A Piper 31 Navajo aircraft owned by the RZM Murowa force landed in a farm field about 16 kilometres from Beatrice in Zimbabwe. The diamond miner said the cause had not yet been ascertained. “There were no casualties on board or the ground,” RZM Murowa said.
South32 half-year revenue dips
17 february 2023
South32, a diversified mining and metals company with operations in Australia, Southern Africa, and South America, has registered an 8% drop in revenue for the half-year that ended December 2022. It realised $3.69 billion in the period compared to $4 billion registered, a year earlier.
Indian diamond manufacturing units cut capacity utilization by 40%
17 february 2023
Fresh tensions between the US and China are adding to the anxieties of Indian diamond exporters who have reduced capacity utilisation of their cutting and polishing units by 40% due to a slowdown in global diamond sales over the last three months, as per a report in the Economic Times.
Diamcor narrows loss
17 february 2023
Diamcor Mining recorded a net loss of $386,619 at its Krone-Endora at Venetia project in South Africa during the interim period that ended December 31, 2022, compared to a loss of $939,916, a year earlier.
Illegal gold mining expanding unchecked in Myanmar poisoning water supply
17 february 2023
A rapid expansion in illegal gold mining since the military coup is poisoning the water supply in Myanmar’s Kachin state and destroying the livelihoods of residents who say the ethnic Kachin group that administers the region has failed to police the sector.
How men and women chose gifts for February 14 and what they gave
17 february 2023
Valentine's Day entered the top three popular festive occasions for buying jewelry along with the New Year and March 8, found out during a large study of the customer journey map in the network "585 * GOLDEN". 32% of men and women surveyed reported their intention to buy and give jewelry on the occasion of Valentine's Day.
Lucapa recovers diamonds from two Lulo kimberlite bulk samples
16 february 2023
Lucapa Diamond has recovered 23 diamonds from a second sample from kimberlite L164 and 13 diamonds from kimberlite L056. It said the Lulo kimberlite bulk sample KBS/164/02, totalling 365m3 of kimberlite material was processed through the Lulo Kimberlite Bulk Sample Plant, yielding 16.32 carats at a recovered grade of 4.47cphm3, with the largest diamond recovered weighing 2.38 carats.
DMCC kicks off ICA Congress 2023; reports 17% diamond trade growth in 2022
16 february 2023
Kicking off the Congress of the International Coloured Gemstone Association (ICA), the DMCC also reports a 17% year-on-year increase in the value of diamond trade in 2022, totalling $37.4 bn combined for rough and polished diamonds, including a 42% rise in the polished category and a consistently strong 7% rise in rough.
40% of employees in the ALROSA group working for more than 10 years
16 february 2023
By the end of 2022 the share of employees working at ALROSA enterprises for more than 10 years exceeded 40%. In addition, 11% of employees have more than 25 years of experience and carry the honorary title of "ALROSA Veteran".
