On the smuggling of rough diamonds to the USSR

The opinion that the USSR was actively involved in the smuggling of industrial diamonds after World War II is quite widespread in the literature of the subject. For example, “Industrial diamonds were spirited from Zaire and Sierra-Leone to Beirut, thence...

12 april 2021

PGI: Sentiment remains positive about precious jewellery purchasing in 2021

Platinum Guild International (PGI) the worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, presents its review of Q4 2020. Since PGI was founded in 1975, platinum...

05 april 2021

New Cut Grade Aims to Distinguish Best Diamonds

(diamonds.net) - A US grading laboratory has introduced a new cut grade designed to differentiate higher-quality diamonds from the “excellent” score that most polished stones receive.
Gem Certification & Assurance Lab (GCAL) unveiled its 8X grading report,...


Revenge-Spending Binge

(bloomberg.com) - Shoppers are out for vengeance. A year into a pandemic that’s devastated lives, jobs and the economy, those who are lucky enough to have disposable income are ready to go out and splurge — even if they still have nowhere to go in that stunning dress...


A Fancy Contrarian Opportunity

(streetwisereports.com) - From an investment perspective, diamonds may be one of the last contrarian bets left within the commodity complex. Base metals, battery metals, precious metals—prices of each have surged in the past year as inflation looms. Diamonds have lagged until...

12 april 2021

RZM Murowa diamond output dips as high-grade resources deplete


RZM Murowa produced 579 000 carats in 2020 from its operations in Midlands, Zimbabwe compared with 685 000 carats produced, a year earlier. Its parent company RioZim attributed the lower production to the processing of the low-grade K2 resources after the high-grade K1 resources had been depleted in the prior year.

India’s gem and jewellery exports decline by 28.46% in FY ’20 – ‘21


A decline of 28.46% to $ 25.31 bn is seen in the overall exports of gem and jewellery in FY 2020-21 compared to $ 35.37 bn in the fiscal year 2019-20 as per the data issued by The Gem and Jewellery Export Promotion Council (GJEPC).

GSI opens new laboratory in Jaipur India


Gemological Science International (GSI) has announced the opening of its newest laboratory in Jaipur, India. The Jaipur laboratory will offer all GSI’s core services.

Forevermark brand introduces ‘Forevermark Icon™ Collection’


Forevermark, the diamond brand from De Beers Group, introduces the Forevermark Icon™ collection, a celebration of the brand’s distinctive ‘icon’ motif, which has been intrinsic to its DNA since its inception, says a press release from the company.

Tanzania takes leadership of African Diamonds Producers Association


Tanzania has assumed the leadership of the African Diamonds Producers Association (ADPA) from Namibia. The country’s minerals minister Dotto Biteko will chair the association for a year.

Value of iridium in electrolysis to exceed R90bln on high demand – report


The value of iridium for proton exchange membrane (PEM) water electrolysis technology is projected to exceed R90-billion in the next decade to two decades, according to a news report citing Hydrogen South Africa (HySA) Infrastructure.

Titan reports strong revenues in Q4 FY ‘21 led by jewellery division


Tata Group’s Titan Company has announced its quarterly update for the financial year 2021. After recording the best ever revenue in Q3, which was a festive season, the Company again recorded very strong revenues in Q4.

Stellar AfricaGold sets eyes on Morocco's silver project


Stellar AfricaGold has signed an exploration option agreement to explore, develop and earn up to 90% interest in the silver and multi-elements potential of the Imiter Nord Domain in the Oriental Anti-Atlas area in Morocco.

Gold brings stability, acts as insurance, and generates higher risk-adjusted returns especially in times of heightened uncertainty

Somasundaram PR (Som) joined the World Gold Council in January 2013, as Managing Director, India. Based in Mumbai, Som is responsible for leading the World Gold Council's activities across the Indian gold market. Som has over 27 years of...

12 april 2021

Flun Gumerov - “I think that a diamond is a unique gift from nature. A synthetic diamond is a man-made imitation of the gift of nature”

Flun Gumerov, Chairman of the Council of the “Jewellers Guild of Russia” Association and the founder of Almaz-Holding, told Rough&Polished about what is new in the legislation relating to the jewellery production and trade, about the sentiments at the...

05 april 2021

Lucapa narrows kimberlites search

Lucapa Diamond and its Lulo partners have been for close to a decade searching for the kimberlite source or sources of alluvial diamonds being recovered from within the Lulo diamond concession, in Angola. The company believes that the frequent recovery...

29 march 2021

Shashikant D Shah: “Mined diamonds and LGDs are separate categories”

Armed with a commerce degree, Shashikant D Shah entered the diamond trade by opening a diamond Jewellery Showroom exclusively for Nakshatra and Asmi brands in 2003 and has not looked back since. DM Gems came into being in 2003 with Shashikant as Founder/Owner...

22 march 2021

Andre Messika: “The natural diamond industry today is one of the most transparent, regulated, and ethical industries in the world”

Andre Messika, a Paris-based topnotch distributor of polished diamonds migrated to Israel in 2003, to establish Andre Messika Diamonds in the Israel Diamond Exchange in Ramat Gan …and has not looked back since. In 2012, in recognition of the continuous...

15 march 2021