The need of the hour

Easily one of the best initiatives undertaken by the Gem & Jewellery Export Promotion Council (GJEPC) of India, the Special Notified Zone (SNZ) at the India Diamond Trading Centre (IDTC) in the Bharat Diamond Bourse (BDB) premises is underutilized...

24 october 2016

Information warfare for millennial’s wallet

According to the Diamond Insight Report recently released by De Beers, global sales of diamond jewelry reached $ 79 billion in 2015, of which one third or $ 26 billion was spent by millennials, the generation born in the 1980s - 1990s. Anyone in the...

17 october 2016

New Insights on How Millennials and Gen Zs Like to Shop

(jckonline.com) - The Cassandra Report, an ongoing study of emerging trends, generational insights, and youth behaviors, has released its annual Cassandra Report: SHOP study - offering a handful of data-backed new insights into how teens and twentysomethings like to shop...


The Positive Impact of Diamond Mining

(ehudlaniado.com) - I recently read an article about some of the perceived damaging social impacts of the diamond mining industry. It was riddled with inaccuracies and poorly researched data that appeared to be written solely to cast a negative shadow on our industry. I...


Diamond mining companies setting sights on the sea as land dries up in Africa

(telegraph.co.uk) - Twelve miles off Namibia’s arid southern coastline, 150 metres below rolling ocean waves, diamond miners are hard at work securing a future for the practice of romancing by stone. With the precious gems expected to run out on land in as little as 15...

25 october 2016

De Beers Q3 output up 4pc to 6.3mct


Anglo American said its 85 percent-owned De Beers Group increased diamond production by 4 percent to 6.3 million carats in the third quarter of the year compared with 6 million carats, a year earlier when production was reduced in response to weak trading conditions.

Construction of 'Surat Diamond Bourse' begins in presence of Gujarat CM Vijay Rupani


The Surat Diamond Bourse (SDB) contruction work commenced on October 23 in the presence of the Chief Minister of Gujarat Shri Vijay Rupani, the Dy Chief Minister Nitin Patel, government officials and industry members, says a press statement.

Petra Q1 production up 30pc


Petra Diamonds said its first quarter output increased 30 percent to about 1,1 million carats compared with 842,796 carats, a year earlier.

Surat's diamond cutting & polishing units down shutters for Diwali vacation


The small and medium diamond units in Surat have begun to pull down their shutters, some as early as on Oct 24, 2016, for the 20 day-long Diwali vacation.

US Bodies to Carry Out Joint Research Project Into Trade in Rough


The Diamond Manufacturers and Importers Association of America (DMIA) and the United States Kimberley Process Authority (USKPA) are to conduct a joint research project to study the trade in rough diamonds in the United States.

ALROSA boosted nine-month profit fivefold

25 october 2016

(TASS) – ALROSA’s net profit grew more than five times compared to the same period a year earlier and amounted to RUB 102.86 billion in January-September 2016, as calculated under the Russian Accounting Standards (RAS).

Andrey Zharkov met with Chairman of Kimberley Process

25 october 2016

Andrey Zharkov, President of ALROSA (PJSC), the world’s largest diamond producer by volume, met yesterday with Ahmed bin Sulayem, Chairman of the Kimberley Process (KP), who was in Moscow on a working visit.

Civil Society Group supports UAE initiatives, confirms attendance at KP Plenary

25 october 2016

The UAE Kimberley Process (KP) Chair has announced that members of Civil Society will attend the KP Plenary in Dubai, on November 13-17, 2016, according to a press statement.

Now that prices have begun to climb once again it is important not to return to the situation that existed before - Gaetano Cavalieri

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation members...

24 october 2016

The period of volatility and gradual adjustment will continue in the immediate future - Vipul Shah

Vipul Shah, an ace businessman and visionary, has been instrumental in establishing the Asian Star Group’s global network. Under his guidance, Asian Star, a company solely into diamond manufacturing, ‘metamorphosed’ into a value added, vertically integrated...

17 october 2016

Young diamantaires aim to take diamond industry forward

It started out as an informal meeting of diamantaires attending the 37th World Diamond Congress in Dubai last May, but quickly took off. The World Federation of Diamond Bourses' (WFDB) Young Diamantaires group held its inaugural meeting in Hong Kong...

10 october 2016

Dorothée Gizenga: ‘Blood diamonds’ are no longer the real problem

Dorothée Gizenga, head of the Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, in her interview to Rough&Polished told about the challenges facing DDI and the programs it is implementing.

03 october 2016

We estimate gold demand for 2016 to be in the range of 750 to 850 tonnes – Somasundaram, MD, WGC-India

Somasundaram PR joined the World Gold Council in January 2013, as Managing Director, India. Based in Mumbai, Som is responsible for leading the World Gold Council's activities across the Indian gold market. A qualified Chartered Accountant, Som has over...

26 september 2016