Exclusive
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
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
Russia’s Ministry of Finance is not considering the abolition of VAT on the purchase of diamonds by individuals
25 may 2022
Deputy Finance Minister Alexey Moiseev said that "initiatives are being considered to stimulate the sale of polished diamonds on the domestic market"
Polar Fund presents the results of the Taimyr expedition
25 may 2022
In the run-up to the Polar Explorer’s Day celebrated on 21 May, the Federation Council was presented with the results of the large scientific expedition to the Taimyr and the Norilsk Industrial District (NID) carried out in 2021 by the Artur Chilingarov Fund of Polar Research (Polar Fund) and supported by Nornickel.
VTB submits proposals to Russia’s Ministry of Finance to stimulate the circulation of polished diamonds in the country
25 may 2022
Andrey Kostin, Chairman of the Board of VTB Bank considers it right to exempt from VAT not only the purchase and sale of diamonds by individuals, but also the sale of precious stones by diamond miners to banks and the public, the Vedomosti news daily reported in an article published yesterday.
Sarine Technologies rolls out new Pay Per Value Service
25 may 2022
Sarine Technologies announced that its Galaxy® family of scanning and inclusion mapping systems is now offering a Pay Per Value (PPV) service, the company said in a press release received by Rough&Polished.
Fruchman Marketing believes jewelry sales this year may be 4%-8% higher than in 2021
24 may 2022
The jewelry marketing experts at US-based Fruchtman Marketing view jewelry sales this year go up by 4%-8% over 2021. In support of this projection the jewelry consultancy says there are important factors at play.
Get-Diamonds returns to JCK Las Vegas
24 may 2022
Get-Diamonds.com, the world’s largest B2B online platform for listing polished diamonds, owned by the World Federation of Diamond Bourses (WFDB), will return to the JCK Show in Las Vegas next month. At the show, the online platform will introduce innovative tools to increase benefits to retailers, including full door-to-door service.
India sees overall decline in diamond exports in April
24 may 2022
The official statistics released by GJEPC shows overall decline in the country’s diamond exports in April 2022. Thus, the export of polished diamonds fetched US$ 2159.64 million against US$ 2221.81 million a year earlier or down 2.8%. The country imported US$ 111.91 million worth of polished goods as compared with US$ 137.32 million in the same period last year producing an 18.5% slump.
Richmond lost € 168 million suspending commercial activities in Russia while displaying otherwise outstanding performance in financial year ended 31 March 2022
23 may 2022
Richmond, a Switzerland-based luxury goods holding reporting otherwise high performance for the financial year ended 31 March 2022, said that suspension of commercial activities in Russia resulted in the loss of € 168 million.
India eyes lab-growns as a means towards more self-reliant cutting and polishing industry
23 may 2022
GJEPC officials present last week at a meeting on the lab-grown diamond industry chaired by Piyush Goyal, India’s Minister for Commerce and Industry said lab-grown diamonds (LGD) have the potential to build and sustain a stronger and more self-reliant domestic cutting and polishing industry.
Sarine Technologies once again takes legal actions against intellectual property infringements
23 may 2022
Sarine Technologies has further expanded its enforcement efforts against intellectual property (IP) piracy in India by taking additional legal actions against suspected infringers, the company said in a statement for the press.
