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...
Yesterday
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
Covid-19: Lucara cuts initial capital budget for Karowe underground project
26 may 2020
Lucara Diamond is revising its initial capital budget for the Karowe underground project in Botswana until the uncertainty in global markets caused by the Covid-19 pandemic is gone.
Global demand for platinum jewellery dips 26% in Q1 2020
26 may 2020
In its quarterly bulletin released recently, the World Platinum Investment Council (WPIC) said that the demand for platinum jewellery worldwide during the first three months of 2020 (Q1) was down 26% year-on-year.
Super-rich are buying diamonds and rare gems during the pandemic
26 may 2020
During the time of crisis, the richest people have chosen to invest in ultra-rare gems as a 'safe' store for their wealth.
Angola grants two diamond mining rights after first public tender
25 may 2020
The Angolan government has awarded two mining rights to local and foreign companies to prospect and exploit diamonds in the country, according to news reports. It also awarded permits for two phosphate concessions.
National Bank of Fujairah continues to credit diamond transactions
25 may 2020
The National Bank of Fujairah (NBF) has denied rumors that it has suspended lending to diamond operations for rough diamond buyers.
The Strategy Committee of ALROSA Supervisory Board recommends downward revision of 2020 production guidance
25 may 2020
The Strategic Planning Committee of ALROSA’s Supervisory Board reviewed options to cut spending and optimise production as proposed by the management and recommended that the management be guided by proposals envisaging lower output.
IDE opens trading floor after two months
25 may 2020
The Israel Diamond Exchange (IDE) returned to normal activity on Sunday with the opening of its trading floor, which had been closed during the last two month of lockdown.
De Beers gets licence to close Snap Lake mine
25 may 2020
De Beers received permission from a Northwest Territories regulatory board to close its Snap Lake diamond mine.
Dominion Diamond unveils bankruptcy prevention plan
25 may 2020
Canadian company Dominion Diamond Mines has announced a deal that will allow it to exit court protection from creditors and gain access to short-term operating funds, which will ultimately pave the way for resumption of production at its inactive Ekati mine in Canada’s Northwest Territories.
China's Jan-Apr jewellery sales dip 32.5%
25 may 2020
Jewellery sales in China declined 32.5 per cent from January to April, reflecting subdued consumer interest during the coronavirus pandemic.
