Exclusive
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
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
De Beers lowers production guidance for 2021
29 january 2021
De Beers has lowered its rough production guidance to between 32 and 34 million carats from the previous 33 to 35 million carats, according to its parent company Anglo American.
Russia’s Ministry of Finance does not yet see prerequisites for purchasing diamonds from ALROSA by Gokhran
29 january 2021
The Ministry of Finance does not yet see the prerequisites for purchasing diamonds from ALROSA by Gokhran as a measure to support the company and will monitor the situation, Deputy Finance Minister Alexey Moiseev, who oversees the industry, told reporters.
De Beers Q4 rough diamond output drop as sales continue to improve
29 january 2021
De Beers' fourth-quarter rough diamond output dropped by 14% to 6.7 million carats, driven by continued planned reductions in response to the lower demand for rough diamonds caused by the Covid-19 pandemic and operational challenges at Orapa, in Botswana that led to lower than expected production.
LVMH watch and jewelry sales down 24% in 2020
29 january 2021
LVMH Moët Hennessy Louis Vuitton (LVMH), a global leader in luxury goods, released its 2020 results reporting a 17% decrease in revenue to € 44.7 billion from the previous year, but noting good resilience of its business.
Lucara unearths 378ct diamond from Karowe
28 january 2021
Lucara Diamond has unearthed an unbroken Type IIa 378 carat gem-quality diamond at its 100%-owned Karowe Mine, in Botswana. The diamond, it said, was recovered from the milling of ore sourced from the M/PK(S) unit of the South Lobe.
This year, Kristall of Smolensk will receive 120 million rubles for modernization
28 january 2021
Dmitry Amelkin, General Director of Kristall said during a recent meeting with Alexei Ostrovsky, Governor of the Smolensk Region that funding for the technological development of the company’s diamond manufacturing plant have been increased from 100 to 120 million rubles.
Tsodilo raises C$1,3mln for general corporate purposes, working capital
28 january 2021
Tsodilo Resources has closed the first tranche of a private placement financing for gross proceeds to the company of C$1,3 million. Proceeds from the financing are to be used for general corporate purposes and working capital.
The world's first exhibition of women jewelers and designers "Women's Business" will be held in Moscow
28 january 2021
The Ilgiz F. Gallery in Moscow will host an exhibition called "Women's Business" on February 25 to March 6. This will be the first jewelry exhibition in the world, in which only women can take part.
Endiama incurs heavy loss due to COVID-19 pandemic – report
27 january 2021
The Angolan state-owned diamond company, Endiama recorded a loss of $400 million from its 2020 operations due to the COVID-19 pandemic, according to the local media. Angola had initially targeted to produce diamonds worth $1.4 billion last year.
Indian police raid Diyora & Bhanderi Corporation
27 january 2021
Last Thursday, police in the Indian state of Gujarat raided Diyora & Bhanderi Corporation (DBC) in the Surat suburb and seized diamond scanning equipment.
