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
Jewelers of America announced postponement of 2022 GEM Awards
24 december 2021
Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, and the GEM Awards Committee have announced the 20th annual GEM Awards, originally scheduled for Friday, January 14, 2022, have been postponed due to the rapidly spreading Omicron variant of COVID-19.
BlueRock Diamonds restricts operations at Kareevlei due to COVID-19
24 december 2021
The management of BlueRock Diamonds decided to restrict operations at Kareevlei until the 3rd of January 2022 due to an outbreak of COVID-19 infections among personnel, the company said in an update announced on Wednesday.
The MF Belgium sold diamonds and precious stones for 1.2 million euros
24 december 2021
More than 1.2 million euros were collected at an auction of diamonds and precious stones organized by FineShop, the center for the sale of movable property of the Belgian Ministry of Finance.
UAE Economy Ministry tells gold refineries in country to prove gold is responsibly sourced
24 december 2021
The United Arab Emirates’ Economy Ministry has asked all gold refineries across the country to carry out audits that prove bullion deliveries are responsibly sourced, as per a report in Bloomberg Quint.
ALROSA is ramping up diamond production
23 december 2021
Summing up the results of the financial and economic activities of ALROSA in 2021, Aisen Nikolaev, Head of the Republic of Sakha (Yakutia) and Sergey Ivanov, CEO of ALROSA said that the company achieved record sales, doubled dividend payments and increased tax payments. By the end of the year, the company has sold a record volume of rough and polished products - almost 46 million carats.
Strong results for Christie's in 2021
23 december 2021
The total projected sales volume organized by Christie's auction house in 2021 amounted to $7.1 (£5.2) billion, which is 54% higher than in 2020 and 22% higher than in 2019, and is also the highest figure in the last five years.
Russia’s Ministry of Finance publishes data on production of gold and silver in the country in January-October
23 december 2021
The Russian Federation Ministry of Finance reported that gold production in Russia in January-October amounted to 291.98 tons (January-October 2020 – 288.98 tons), including mining – 249.98 tons (January- October 2020 – 247.92 tons), associated - 14.14 tons (January-October 2020 - 14.30 tons), secondary - 27.86 tons (January-October 2020 - 26.76 tons).
DRI busts money laundering scam involving diamantaires from Surat and Hong Kong
23 december 2021
The Directorate of Revenue Intelligence (DRI) has blown the lid off more than $ 88.82 mn money laundering racket involving diamantaires from Surat and Hong Kong, according to a report in Free Press Journal.
De Beers realizes $332 mn in diamond sales holding final trading session this year
22 december 2021
De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2021, which fetched $332 mn, according to the Group’s press statement released today. The Group’s earnings from diamond sales in the 9th trading cycle this year reached $438 mn.
ALROSA hosts regular finance community meeting
22 december 2021
ALROSA has hosted its annual roundtable meeting with representatives from the financial sector. ALROSA’s CEO and senior executives discussed the diamond industry’s key achievements and future prospects, along with representatives from banks and non-banking financial organizations that lend to the diamond sector.