Is this Botswana Diamonds’ eureka moment?

The now defunct African Diamonds (AFD) discovered the AK6 mine, in Botswana, which was acquired by Lucara Diamond in 2010 and renamed Karowe Mine. Karowe, which was fully commissioned in the second quarter of 2012, is one of the world’s foremost...

15 april 2019

From Russia with Grib

Recently, I have been so fascinated by the vivid initiatives of Russia’s dominant diamond miner, ALROSA that I completely lost sight of a very remarkable company - the second and at the same time the only privately-owned Russian diamond miner, which...

06 april 2019

Traditional Marketing No Longer Works in China. Here’s What Does

( - During the Sotheby’s & Jing Daily Future of Luxury Conference in Hong Kong, I witnessed one of the most interesting moments of my entire business life. I asked the audience, made up mostly of managers working in Hong Kong and China (including senior...


State Department Warns of Coming Jewelry Industry Crackdown

( - This last Monday, U.S. State Department officials delivered a blunt message to industry groups and companies at a meeting in New York City: Jewelry businesses must know and declare where all their materials originate from or they will be subject to new...


How to Best Reach Millennials? AI

( - For a recent project, I was asked to optimize store traffic for the flagship store of a leading luxury fashion brand in Asia. But what can be done? The classic approach is to question everything about the store itself. I decided to address this challenge...


Petra Diamonds sees positive cash flow in H2


Petra Diamonds is expected to be cash flow positive in the second half of the year, which will help the company start working on future developments.

Cluev to create a yellow diamond ring weighing 30 carats mined by ALROSA


Jewelry Maison Cluev purchased a yellow diamond weighing 30.19 carats mined and cut by the Russian diamond mining company ALROSA to create a diamond ring.

ALROSA launches new diamond deposit in Yakutia


ALROSA, the world’s largest diamond mining company, launched diamond production at Zarya pipe, Aikhal Mining and Processing Division.

No plans to mine diamonds in CAR – De Beers


De Beers has no plans to mine diamonds in the Central African Republic (CAR), a company spokesperson has said.

Rio Tinto’s diamond production down 18% in Q1


Rio Tinto’s diamond production for the first quarter of 2019 ended March 31, 2019, dropped by 18% to 3.8 mln carats as against 4.6 mn cts registered in Q1 2018.

AGD DIAMONDS issues a report on development prospects for 2018 in line with GRI standards


The AGD DIMONDS Sustainable Development Report for 2018 is the first non-financial report of the Company. In the reporting year, AGD decided on the annual preparation of non-financial reporting, thereby continuing its course towards increasing the Company's openness and transparency in the international market and ensuring its sustainable development.

ALROSA announces its Q1 2019 operating results


ALROSA, a global leader in diamond production, reports its Q1 2019 diamond production of 7.8 m carats and sales of 10.6 m carats grew 18% q-o-q (down 21% y-o-y).

Firestone Diamonds issues 18,9 mln new ordinary shares


Firestone Diamonds has opted to issue 18,899,464 new ordinary shares in respect of the quarterly interest due on the $30 million Series A Eurobonds, for the quarter ended 31 March 2019.

Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

25 march 2019

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019