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It's our responsibility to capture the imagination of future generations towards diamonds

As CEO of Beverly Hills-based Grand Metropolitan - a privately-held luxury goods holding company with a 130-brand portfolio - Vin Lee carries the burden rather lightly on his shoulders. Having migrated from Canada as a baby, it did not take long for...

11 december 2017

‘Non-diamond producing countries shouldn’t lead KP’

Non-diamond producing countries should not lead the Kimberley Process (KP) as was the case last year with the United Arab Emirates (UAE), according to the African Diamond Council and African Diamond Producers Association chairperson...

04 december 2017

Jewellers’ Guild of Russia sees its mission in creating highly developed national jewellery market

In recent years, the Jewellers’ Guild of Russia has noticeably stepped up its activities. Eduard Utkin, General Manager of this Association told Rough & Polished about what is happening in the country’s jewellery sector, the tasks facing the community...

27 november 2017

Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

Diamond Fields recovers close to 27 000 carats of diamonds during offshore sampling

12 january 2017
Diamond Fields International Ltd. announced that offshore marine bulk sampling operations conducted by International Mining and Dredging Holding Ltd. recovered 26,965.45 carats from the company's ML 111 concession.
The diamonds were recovered during 62 days of bulk sampling. The two vessels conducted exploratory trenching over the period of July 10 to September 10, 2016, and vertical drill sampling operations.
The diamonds were exported to Antwerp and, after minor losses from check-weigh reconciliation and cleaning, 26,912.20 carats were rendered available for sale. Of the diamonds made available for sale, 8,975 carats have been sealed in Antwerp for future sale. The remaining 17,936.52 carats were sold at a reported sales value of US$4,73 million, or $263.78 per carat.

Theodor Lisovoy, Rough&Polished, Moscow

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