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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...

19 february 2018

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

AWDC Board Elects New President

22 february 2018

The Antwerp World Diamond Centre (AWDC), the industry organization representing the interests of 1,600 diamond companies in Antwerp, has elected Nishit (Bali) Parikh as its new President, replacing outgoing President Stéphane Fischler. This was announced in a press release distributed by the AWDC on Thursday.

De Beers’ 2017 core earnings up 2pct despite drop in revenue

22 february 2018

De Beers, which is 85 percent-owned by Anglo American, said its underlying adjusted earnings before interest, tax, depreciation and amortization (EBITDA) leaped 2 percent to $1.435 billion compared to $1.406 billion a year earlier despite lower revenue following the one-off industry midstream restocking in 2016.

Lucapa Diamond CEO perceives good start for rough diamond market in 2018

22 february 2018

The rough diamond market has this year started off “very well” as high demand has seen prices go up in January, according to Lucapa Diamond chief executive Stephen Wetherall.

GJEPC and MIDC sign MoU for Jewellery Park in Mumbai

22 february 2018

The Gem & Jewellery Export Promotion Council (GJEPC) of India and the Maharashtra Industrial Development Corporation (MIDC) signed a MoU for the setting up India’s largest Jewellery Park in Mumbai.

Stellar starts front end engineering, design for Tongo-Tonguma

22 february 2018

Stellar Diamonds said it has started the Front End Engineering and Design study (FEED) for the underground mine development of the Tongo-Tonguma project in Sierra Leone.

DTCB plans to sort and value non-De Beers stones

22 february 2018

Diamond Trading Company Botswana (DTCB) is looking into the possibility of taking diamonds from non-De Beers mines for sorting and valuing, Weekendpost quoted DTCB Managing Director Tobake Kobedi as saying.

GIT to promote Thai community manufactured jewelry

22 february 2018

The Gem and Jewelry Institute of Thailand (GIT) has announced the launch of ‘Inheritance and Identities’, a project aimed at highlighting the country’s gem and jewelry manufacturing communities.

BDB revving up for 'Bharat Diamond Week' in April

21 february 2018

Preparation is in full force at The Bharat Diamond Bourse (BDB) for its ensuing debut event ---Bharat Diamond Week ---- to be held at the Bourse from April 23-25, 2018.

Zim NGO asks KP to audit local diamond mining – report

21 february 2018

Zimbabwe Environmental Law Association (Zela) said government should invite the Kimberly Process (KP) to audit the diamond sector, a local newspaper reports.

Sarine files lawsuit against Rose Gems for fraudulent use of its Galaxy Systems

21 february 2018

Sarine Technologies Ltd filed a lawsuit on February 12th against Surat-based manufacturer Rose Gems alleging breach of contract and fraudulent use of its Galaxy inclusion mapping technology and systems.

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