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News

03.02.2012
ALROSA builds up investments into exploration
At the meeting held by the Executive Board of ALROSA and chaired by the company’s President Fyodor Andreev in Mirny this Friday its participants discussed the progress of the exploration program to be implemented until 2018 and performance of the exploration team in 2011. The diamond miner spent about 4 billion rubles on exploration and prospecting works in 2011 and earmarked over 5.358 billion rubles to be invested for this purpose in 2012. This was stated in ALROSA’s press release received by Rough&Polished.

03.02.2012
Botswana cuts 2012 economic growth forecast on diamond market uncertainty
Botswana, the world's biggest diamond producer, has cut its overall economic growth forecast for 2012 to 4.4 percent from an initial projection of 7.1 percent.

03.02.2012
Harry Winston Diamond Corporation Wins RJC Certification
The Harry Winston Diamond Corporation, the rough diamond marketer and luxury jewelry retailer, has achieved certification by meeting the highest ethical, social and environmental standards established by the Responsible Jewellery Council’s Member Certification System.

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23.01.2012
Hard Stone Processing: The backbone of the industry should be the manufacturers
In July 2007, the Namibian arm of Diamond Trading Company announced competitive selection among the country’s diamond cutting factories to be included into the first list of NDTC sightholders. At that time, Hard Stone Processing (Pty) Ltd (HSP) was already working in Namibia as an independent manufacturer and its factory successfully occupied a strong position among the leading sightholders turning into one of the three top diamond cutting companies in Namibia. Its CEO Burhan Seber gave this interview to Rough&Polished.
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16.01.2012
Botswana’s Debswana says not in trouble
Botswana diamond miner, Debswana recently said that the temporary dip in diamond prices will likely see the company producing just below its target of 25 million carats for 2011. However, Esther Kanaimba-Senai, the Group’s Manager for Corporate and Public Affairs, told Rough&Polished in an interview that Debswana was not in trouble.
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10.01.2012
Malca-Amit: delivery within a few hours when needed
Malca-Amit is a full service courier company with a 21 year record of providing the highest quality personalised service and the most efficient logistic solutions for diamonds, jewelry, gold, coins, bank notes, and valuable documents. Our correspondent in Brussels caught up with Nigel Paxman, CEO of the Malca-Amit Group of Companies, to find out more about this company.
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26.12.2011
Gerhard Prinsloo: Standardization could reduce some of the mystique of diamonds
Bain & Company is considered one of the most prestigious management consulting firms in the world, with 47 offices in 30 countries and over 5,500 professionals on staff globally. Recently, the company released a report titled “The global diamond industry: Lifting the veil of mystery” giving an in-depth analysis of diamond production. Gerhard Prinsloo, a key author of the report, has further unveiled the current situation in the diamond market in his interview to Rough&Polished.
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19.12.2011
Yair Sahar: Since demand is high, polished prices will go up
Last July, Yair Sahar, owner of Sahar-Atid Diamonds, was elected new President of the Israel Diamond Exchange replacing Avi Paz, who completed six years in this position. Sahar-Atid is specialized in the manufacture and trade of polished diamonds. It is a sightholder of DTC and Harry Winston. In 2009, the company was bestowed the title of “Outstanding Exporter of Israel.” Yair Sahar answered some questions from Rough&Polished.
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