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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

Patrick Evans to be Appointed CEO of Dominion Diamond Corp

11 august 2017
Patrick Evans, the former CEO of Mountain Province Diamonds, will become the new CEO of Dominion Diamond Corp once a deal to acquire the Canadian diamond company is completed later this year, he said.
Evans left Mountain Province, which owns 49-percent of the Gahcho Kue mine in Canada's Northwest Territories along with De Beers Canada, in June. Dominion's former CEO, Brendan Bell, left the firm in January.
Dominion last month agreed to a $1.2 billion takeover bid from Washington Companies that will take the Canada-based diamond miner private. The new owners said at the time that it would appoint a new CEO.
"I've joined Washington Companies and I'll be taking over as CEO of DDC (Dominion Diamond Corp) at closing," Evans said in an email in response to a question from Reuters.
Dominion owns the Ekati diamond mine in Canada's Northwest Territories and a 40-percent share of the nearby Diavik mine.
The takeover deal, which needs approval from more than two-thirds of Dominion shareholders, is seen as closing in the fourth quarter, with a competing bid for Dominion unlikely.

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