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
Diamonds Do Good® to support fallen healthcare workers due to COVID-19
20 july 2020
Diamonds Do Good® (DDG), formerly known as Diamond Empowerment Fund will support The Brave of Heart Fund in its 2020 grant giving due to the impact of Covid-19 on the healthcare community.
Mountain Province Diamonds obtains waiver under revolving credit facility
20 july 2020
Mountain Province Diamonds Inc. has entered into a waiver agreement related to the revolving credit facility with The Bank of Nova Scotia and Nedbank Limited, London Branch, as per prnewswire.com
ALROSA says about 90 people at Mirny Mining Division will be retrenched
17 july 2020
ALROSA said the personnel structure of its Mirny Mining and Processing Division (MPD) is to be changed. The company consolidates the plant and some other units in order to optimize operations while keeping in place as much personnel as possible. The company announced this in a press release distributed on Friday.
Richemont reports 47% dip in sales for Q1 2020
17 july 2020
Announcing its financial highlights for Q1 2020, Richemont indicated that due to the strong impact from Covid-19, sales for the quarter dipped by 47% at actual and constant exchange rates compared to the prior year period.
De Beers Q2 output halves as Covid-19 wreaks havoc
17 july 2020
De Beers’ second quarter rough diamond production has dropped by more than half primarily due to the Covid-19 lockdowns in southern Africa, according to Anglo American.
Lucara to sell all +10.8 ct diamonds to HB for the rest of 2020
17 july 2020
Lucara Diamond has signed a novel supply agreement with Antwerp-based HB Group of all diamonds produced at Karowe mine in excess of 10.8 carats for the remainder of 2020. Large, high value diamonds in excess of 10.8 carats in size account for about 70% of Lucara's annual revenues.
De Beers appoints Sarah Kuijlaars as CFO
17 july 2020
De Beers has appointed Sarah Kuijlaars as the group’s chief financial officer, effective from 1 September. The appointment follows the resignation of Nimesh Patel on 2 April, who will leave De Beers on 26 July.
ALROSA: Diamond sales down by 47%, production by 22% in the first half of 2020
16 july 2020
According to the company's preliminary operating data, first-half diamond production fell 22% to 13.7 million carats, while sales went down 47% to 10.1 million carats versus the first half of last year.
India’s polished diamond exports dips by 47% in June
16 july 2020
India’s export of cut & polished diamonds at $ 898.32 mln in month of June 2020 declined by 46.91 % as compared to $ 1692.18 mln for the same month of 2019, according to data supplied by the Gem & Jewellery Export Promotion Council.
Unexpected mining output to lower rate of Botswana’s economic decline in 2020
16 july 2020
Diamond-rich Botswana is expected to register an economic decline by 8.9% in 2020 due to better mining output and a shorter lockdown, according to media reports citing the central bank.
