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Gem Diamonds’ stock price can rally if it continues digging large stones

Gem Diamonds had a good start to the year as it recovered four “high quality” diamonds over 100 carats last January from its 70 percent-owned Letšeng mine, in Lesotho. The mine was well-known for the production of large, top colour, exceptional white...

Today

Market share for synthetic diamonds up, millennials ‘duped’ to snub natural stones

Dubai Diamond Exchange (DDE) chairperson Peter Meeus led a panel discussion at the just ended Investing in African Mining Indaba in Cape Town on how the diamond industry will adapt to millennials and synthetics. Synthetic diamond manufacturers...

13 february 2018

US Diamond Trade: The Figures Reveal Oddities

(edahngolan.com) - Diamond import and export figures can tell a story, and a good story sparkles with oddities. Good stories start with facts that raise questions. In this case, the question is why a consumer market would import eight times the amount of diamonds it consumes...

Today

Mercury Polished Diamond Prices: Prices Rebound in January

(ehudlaniado.com) - Polished diamond prices have finally turned upwards, after an extended period of declining prices. In January, prices rose across the board with few exceptions, according to the Mercury Diamond Global Tracker™ (MDGT™), an index of polished diamond...

16 february 2018

How to put the bad guys out of business with blockchain

(business.financialpost.com) - You’d be forgiven if, when you hear the term “blockchain,” you immediately think of Bitcoin. Cryptocurrencies are taking the markets by storm, masking other use cases for the technology. Don’t be fooled, though – Bitcoin and its ilk are just one small...

16 february 2018

ALROSA sells large diamonds at the auction in Israel for $13.7M

16 february 2018

ALROSA has summed up the results of international auction for the sale of special size rough diamonds over 10.8 carats at the International Diamond Week in Israel (IDWI).

Botswana Diamonds starts scoping study to find potential commerciality at Thorny River

16 february 2018

Botswana Diamonds said that it has commenced a scoping study to determine the potential commerciality of the Thorny River Diamond Project, in South Africa.

Zambia's President fires mining minister

16 february 2018

Zambian president Edgar Lungu has fired his mines and minerals minister Christopher Yaluma who last week told delegates at a mining indaba in Cape Town that very little exploration for industrial minerals had been conducted in the country.

China's jewellery companies woo independent women in marketing blitz

16 february 2018

Facing slowing global demand for diamond jewelry, diamond companies from around the world are reshaping marketing campaigns to tap a growing pool of independent female spenders in China, the world's second-largest economy, as per a Reuter's report.

Zim wants Botswana’s help to process Marange diamonds – report

16 february 2018

Zimbabwe is expected to enlist the help of Botswana to start processing its diamonds in the neighbouring country in a bid to boost the value of Marange stones, according to a state-owned newspaper.

Regal Assets launches deep cold storage for crypto-commodities in Dubai

16 february 2018

Regal RA DMCC, subsidiary of Regal Assets Inc, an internationally renowned gold investment company, and the Middle East’s first company to have been issued a Crypto trading license has launched a world's first “deep cold storage” solution for investors and traders, says a press note from DMCC.

ALROSA assesses applications for Mir mine recovery

15 february 2018

ALROSA conducted a preliminary assessment of open tender applications for projects to resume mining operations at the Mir deposit. The expert group reviewed all applications received from ALROSA employees, representatives of Russian and foreign companies, academic and industry institutes, design organizations and individuals.

ALROSA earnings under Russian accounting standards amounts to 200 million rubles in 2017

15 february 2018

AK ALROSA (PAO), the parent company of the ALROSA Group, has published its financial results under Russian accounting standards (RAS) for 2017.

Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

Today

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018