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
Africa to act on challenges posed by synthetic diamonds – ADPA
30 october 2020
African Diamond Producers Association (ADPA) says the natural diamond industry should do more to address the challenges caused by synthetics on the diamond pipeline.
Diamond Exchange may be born as early as 2021
30 october 2020
The Minister of Mineral Resources, Oil and Gas, admitted that Angola may have a diamond exchange by the end of 2021.
Trustco secures $85.8mln for development, expansion of Sierra Leone diamond mine
30 october 2020
Namibia’s Trustco Resources has secured a debt facility of $50 million and an export credit facility of $35.8 million for the development and expansion of the resources segment, with the emphasis on its diamond mining asset in Sierra Leone, Meya Mining.
Yoram Dvash not to run for IDE President for third term in December; Dvash to concentrate on his role as WFDB President
30 october 2020
Yoram Dvash, who has been President of the Israel Diamond Exchange (IDE) for the past five years, announced on Wednesday that he will not stand for a third term in elections in December 2020.
WGC: Global gold demand dips 19%; but strong growth in investment demand in Q3
30 october 2020
Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic.
Petra boosts Q1 revenue as production dips on mothballed Williamson mine
29 october 2020
Petra Diamonds' first-quarter revenue for the fiscal year 2021 jumped 33% to $82 million compared with $61.6 million, a year earlier mainly due to the release of inventory carried over from the fourth quarter of the fiscal year 2020.
Rio wants court approval to sell partner's share of diamonds
29 october 2020
Rio Tinto has approached the court to get a green light to sell its partner's share of diamonds from the Diavik mine in Canada. Rio, the parent company of Diavik Diamond Mines Inc. (DDMI), which has a majority stake of 60% in the Diavik Diamond Mine, claimed that it is owed C$119.5-million and about C$2.4-million in fees by Dominion Diamond that holds a 40% stake in the mine.
GJEPC to organise the first Diamond Studded Jewellery Virtual Buyer-Seller Meet
29 october 2020
The Gem & Jewellery Export Promotion Council of India (GJEPC) will organise the Diamond Studded Jewellery VBSM from 25 – 28 November 2020. Buyers are expected from the UK, the USA, Europe, Australia, New Zealand and Russia, according to the press release from the Council.
LVMH and Tiffany discuss reducing price of deal
29 october 2020
LVMH and Tiffany Co. are in discussions to reduce the price of the French luxury giant’s contested deal to buy the U.S. jeweler. Tiffany is seeking around $132 a share as a compromise price. It would also likely want a guarantee that LVMH wouldn’t back out of any revised deal after the Louis Vuitton owner said in September it couldn’t complete the acquisition because of a French government request.
Belgium approved a new law, guaranteeing basic banking services for companies
28 october 2020
The Federal Parliament of Belgium approved a new law, guaranteeing basic banking services for all Belgian companies. The law will come into effect 6 months after publication in the Belgian Official Gazette, AWDC reported.
