Mmetla Masire: Okavango to resume diamond sales in January

Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...

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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

Botswana Diamonds intersects thick kimberlite at Marsfontein

16 september 2020

Botswana Diamonds has intersected 4 metres of kimberlite from 54-58 metres in Hole ID M17H001, which is one of the thickest intersections of kimberlite discovered in the Marsfontein – Thorny River project area, in South Africa.

Namdia profit plunges 41%

16 september 2020

amibian state-owned Namib Desert Diamonds (Namdia) says its profit after-tax eased 41% to N$95.2 million in the financial year ended 31 March 2020 compared with N$161.9 million, a year earlier.

Hundreds attend virtual opening of the World Diamond Congress; Yoram Dvash elected President of WFDB

15 september 2020

Hundreds of attendees logged on to the opening session of the World Diamond Congress held online on 14 September 2020. They represented member bourses of the World Federation of Diamond Bourses (WFDB), manufacturing associations that are members in the International Diamond Manufacturing Association (IDMA), observers, guests and media, says a press release from WFDB.

Gemfields suffers heavy H1 loss as Covid-19 disrupts auctions

15 september 2020

Gemfields says it is reasonably certain that its net loss after tax will be $56.7 million for the six months ending 30 June 2020 compared to a net profit after tax of $12.4 million, a year earlier.

Angolan police seize 147-carat diamond

15 september 2020

Angolan police have seized a 147-carat diamond as part of its Operation Transparency in the Lunda Norte province, according to the local media.

Young Diamantaires’ meeting leads the preceding meetings of World Diamond Congress

15 september 2020

The meeting of the World Federation of Diamond Bourses’ (WFDB) Young Diamantaires (YD) group on 13 Sept 2020 led the first day meetings of the 39th World Diamond Congress.

The World Diamond Museum releases its first proprietary publication: “Diamonds Across Time”

14 september 2020

The World Diamond Museum announced the publication of the museum’s first book in the series of Facets of Mankind publications, named “Diamonds Across Time.” The unveiling of the book coincides with the First Virtual World Diamond Congress that is held September 14-15.

The State Duma amends Russia’s Budget Code to allow Gokhran to buy more diamonds at the expense of the country’s 2020 budget

14 september 2020

The Russian Federation Government has submitted amendments to the country’s Budget Code (BC) for  consideration by the State Duma to allow Gokhran higher purchases of rough diamonds in 2020, Deputy Finance Minister Alexei Moiseev said at a meeting of the Duma Budget Committee.

Angola suspends tender for appraisers

14 september 2020

The impact of the COVID-19 pandemic forced the Ministry of Mineral Resources, Oil and Gas of Angola (Ministério dos Recursos Minerais, Petróleo e Gás, MIREMPET) to suspend the tender for the hiring of three independent rough diamond appraisers.

ALROSA gains $ 20.7 million from diamond auctions in Belgium and Israel

14 september 2020

In September, ALROSA held auctions in Belgium and Israel offering for sale diamonds of special sizes - over 10.8 carats. The company gained a total of $ 20.7 million from these sales.