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
Mountain Province Diamonds announces multiple kimberlite intersections at Kennady North Project
20 may 2022
Mountain Province Diamonds released a statement saying the company discovered several intersections of kimberlite at its 100%-held Kennady North Project in Canada. The Kennady North Project consists of over 107,000 hectares of claims and leases that completely surround the Gahcho Kué Diamond Mine.
Morgan Stanley believes that De Beers is expanding its share in the diamond market
20 may 2022
The Morgan Stanley Bank, commenting on higher sales De Beers had in the fourth trading cycle, said that this improvement occurred along with a significant decrease in India's rough imports, which indicates an increase in De Beers' share in the rough diamond market amid reluctance to buy rough diamonds from Russian producer ALROSA.
Christie’s New York will spark The Light of Africa in early June
20 may 2022
Christie’s New York said its Magnificent Jewels auction slated for June 8, 2022 will put The Light of Africa Diamond on the block with an estimate ranging between $11,000,000 to $18,000,000.
ALROSA sees increased domestic interest to investments in polished diamonds amid hard currency restrictions
19 may 2022
Since early March, ALROSA has noted a multiple increase in interest among domestic customers to investing in polished diamonds amid hard currency restrictions. TASS was told this by the diamond miner’s media communications service.
Sarine Technologies realises revenues of US$15.6 million in the first quarter of 2022
19 may 2022
Sarine Technologies earned US$15.6 million in the first quarter of 2022, only 9.9% less than its exceptionally strong first quarter of 2021, with a robust gross margin of 71.8%, the company said in its trading update for investors.
Motae mine in Lesotho yields another record-breaking diamond
19 may 2022
Lucapa Diamond Company Limited (ASX: LOM) (“Lucapa” or “the Company”) and its partner, the Government of the Kingdom of Lesotho, is pleased to announce the recovery of a 204-carat diamond from the Mothae mine in Lesotho.
Russian Ministry of Finance says financial condition of ALROSA is stable
18 may 2022
The financial condition of ALROSA, which is under US sanctions, is quite stable, and the company has a margin of safety to search for opportunities to sell its diamonds, Deputy Finance Minister Alexey Moiseev told reporters in the State Duma.
Retail jewelry market in Russia reached 301 billion rubles in 2021
18 may 2022
According to the SOKOLOV Analytical Center, Russia’s retail jewelry market in monetary terms grew by 27% compared to 2020 and reached 301 billion rubles in 2021, the center said in a press release. At the same time, the market grew by only 4% in natural units. Compared to pre-pandemic 2019, the market grew by 22% in terms of money and decreased by 16% in the weight of jewelry produced.
De Beers nets $604 million in fourth sales cycle of 2022
18 may 2022
Anglo American announced that De Beers’ revenue from the fourth cycle of rough diamond sales this year reached $604 million surpassing the previous cycle result of $566 million.
Metals Focus: Platinum market surplus to fall by 40% this year
18 may 2022
Metals Focus, a leading independent precious metals market research firm, said it expects the surplus in the nearly 8-million-ounce-a-year platinum market to be down 40% this year from 2021 to 477,000 ounces with platinum trading at $990 an ounce.
