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
India’s GJC seeks pro-consumer initiatives through its Budget recommendations
20 january 2022
With India’s Union Budget 2022-23 scheduled to be presented on Feb 1, 2022, the All India Gem and Jewellery Domestic Council (GJC) has sought pro-consumer initiatives such as reduction in GST rate on jewellery to 1.25%; increase in PAN Card limit and cash limit & EMI facility for rural and semi-urban India among others, in its Budget recommendations.
Caledonia exceeds its revised full-year production guidance
20 january 2022
Caledonia Mining produced 67 476 oz of gold at its Blanket mine, in Zimbabwe last year, which exceeded its revised full-year production guidance. It said 2021 output was 17% higher compared to 2020.
One of the world largest faceted black diamonds – 555.55 carats – on view at Dubai Diamond Exchange
19 january 2022
Dubai Multi Commodities Centre (DMCC) hosted an exclusive viewing of an extremely rare black diamond named “The Enigma” at the Dubai Diamond Exchange (DDE).
Russia’s Ministry of Finance publishes data on production of gold and silver in the country in January-November
19 january 2022
The Russian Federation Ministry of Finance reported that gold production in Russia in January-November amounted to 319.56 (January-November 2020 – 314.41 tons), including mining – 274.14 tons (January-November 2020 – 271.14 tons), associated – 15.51 tons (January-November 2020 – 15.92 tons), secondary – 29.91 tons (January-November – 27.35 tons).
Petra boosts H1 revenue, output
19 january 2022
Petra Diamonds has increased its first-half revenue for the fiscal year 2022 by 49% to $264.7 million compared to $178.1 million, a year earlier. The increase was driven by an improved sale of exceptional stones totalling $77.9 million from the previous year’s $40.4 million.
Tiffany & Co presents a new jewelry collection
19 january 2022
Tiffany & Co, part of the LVMH group, has released a new jewelry collection called Tiffany Knot. The new jewelry line, which has joined the list of iconic Tiffany & Co projects, is conceived as a tribute to New York, where Charles Lewis Tiffany founded his brand in 1837.
BlueRock boosts Q4 revenue
19 january 2022
BlueRock Diamonds, which owns the Kareevlei diamond mine in South Africa, has improved its fourth-quarter revenue by 68% on the back of higher diamond prices. The diamond miner said it raked in about $3 million in the three months ended December 31, 2021, compared to the previous year’s $1.8 million.
De Beers raises rough diamond prices – again
18 january 2022
De Beers has increased rough diamond prices at its first sale of the year in Gaborone, Botswana, according to media reports. Bloomberg reports, citing unnamed sources privy to the goings-on, that De Beers hiked the price of larger stones by about 5%, while some smaller rough stones registered prices increases of about 20%.
Diamonds help boost Botswana GDP
18 january 2022
Growth in demand for diamonds has helped Botswana's real GDP to grow by 8.4% in the third of 2021 compared to the same period, a year earlier when real GDP fell by 4.5% due to the COVID-19 pandemic.
Namdia more than doubles revenue despite Covid-19 pandemic
18 january 2022
Namib Desert Diamonds (Namdia) boosted its revenue by 120% despite the COVID-19 pandemic, according to local media reports. No figures were, however, provided and it was not clear, which reporting period registered the revenue growth.
