Exclusive
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...
Today
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
LVMH pulls out of $16 bn Tiffany deal
10 september 2020
The $16.2 bn deal that would have brought together LVMH Moët Hennessy Louis Vuitton and Tiffany & Company, which would have been the biggest acquisition ever in the luxury sector has fallen through.
Almazy Anabara extracts over 3.5 million carats of diamonds from alluvial placers in Yakutia
09 september 2020
Almazy Anabara completed the 2020 alluvial diamond mining season and reported that its total output reached 3,559,600 carats. In addition, the diamond miner recovered 168.5 kg of gold and 7 kg of platinum.
De Beers to conduct cycle 8 auctions late September
09 september 2020
Anglo American’s 85%-owned diamond group, De Beers says it will conduct its cycle 8 auctions on 24 September. It said in a post on social media that there will be a range of products across product family and size block available for sale.
IDI and AWDC to host second online diamond trade show
09 september 2020
The Israel Diamond Institute (IDI) and the Antwerp World Diamond Center (AWDC) will hold a second online diamond trade show on September 14-17, 2020.
Gem unlikely to bid for Petra Diamonds assets – report
09 september 2020
Gem Diamonds is not interested in acquiring assets owned by Petra Diamonds or any other diamond company, according to the firm’s chief executive Clifford Elphick.
Botswana Diamonds raises £300k to fund ongoing exploration
08 september 2020
Botswana Diamonds is raising £300,000 through the issue of 50 million new ordinary shares to fund ongoing exploration activities in Botswana and South Africa during the current year as well as provide working capital.
Indian diamond exporters looking for greener pastures
08 september 2020
With tension rising between India and China, Indian diamond exporters are reportedly anxious as China and Hong Kong are the major markets for Indian diamonds, accounting for 30% of India's diamond exports, according to media reports.
Gem Diamonds business transformation programme remains on track
08 september 2020
Gem Diamonds says its business transformation (BT) programme remains on track to deliver the targeted $100 million in revenue, productivity and cost saving measured against the 2017 base.
Nearly 120 suspects held in China for diamond smuggling
08 september 2020
More than 100 people have reportedly been arrested on suspicion of conspiring to receive diamonds smuggled from Hong Kong to the Chinese mainland, says a report in idexonline.com.
Lucapa registers another monthly record at Lulo
07 september 2020
Lucapa Diamond says it recovered 3,852 carats from the MB06 flood plain (leziria) at its 40%-owned Lulo alluvial mine in Angola last month. The stones recovered included 52 specials.
