Analytics
The diamond industry of Botswana, its current state and prospects
Botswana has a rich mineral base of diamonds – its reserves of these precious stones reach about 340 million carats, while the country’s resources (including the reserves) exceed 905 million carats. The country is consistently among the top three...
17 september 2018
Yakutia’s and Russia’s diamond manufacturing industries against the background of global diamond business
The performance figures of Yakutia’s diamond manufacturing and jewelry industries for 2017 are not encouraging. Compared to 2011, the decline in the diamond manufacturing industry was 63% and in the jewelry industry it reached 30.5% in US dollar...
10 september 2018
Expert reports
Diamond Trade Must Find A Way Around Negative Developments
(idexonline.com) - Clearly, the issue of industry financing remains acute. It will certainly once again be a major issue for debate among presidents and national delegations from the World Federation of Diamond Bourses and the International Diamond Manufacturers Association...
Yesterday
AGD buys Grib Diamonds trading company from major shareholder to create full-cycle enterprise
Arkhangelskgeoldobycha (the mining licence holder for the Grib diamond pipe in the Arkhangelsk Region of Russia, now officially named AGD Diamonds) consolidated a 100-percent stake in Grib Diamonds N. V., a diamond trading company, AGD Diamonds...
20 september 2018
Fugitive Jewelers Rob Indian Business of Trade Pricing Edge
(bloomberg.com) - Banks weren’t the only victims of fugitive jewelers Nirav Modi and Mehul Choksi, who allegedly orchestrated a $2 billion fraud. India’s trade may be an unsuspecting casualty. As the fraud unraveled, the central bank stepped in and banned short-term financing...
19 september 2018
News
ALROSA sells large rough diamonds in Vladivostok for $12.6 mln
Yesterday
ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (over 10.8 carats) at the auction in Vladivostok.
CTF and GIA launch digital grading reports using blockchain technology
Yesterday
Chow Tai Fook Jewellery Group and GIA (Gemological Institute of America), formally launched a collaboration project in Hong Kong to use blockchain technology for delivering secure, digital diamond grading reports to consumers for the first time.
BlueRock narrows H1 losses as grades improve at Kareevlei
Yesterday
BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.
Zim says diamond policy ‘imminent’
Yesterday
BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.
AGD DIAMONDS enters international diamond market
20 september 2018
JSC Arkhangelskgeoldobycha was officially renamed into JSC AGD DIAMONDS, according to the company’s press statement distributed on Wednesday. The change in the corporate name of the joint-stock company was due to its new marketing policy and the brand’s international positioning.
De Beers subsidiary gets top accolade for synthetic screening device
20 september 2018
De Beers’ subsidiary, the International Institute of Diamond Grading & Research (IIDGR), said its industry-first synthetic screening device, SYNTHdetect, was awarded industry innovation of the year at the JNA Awards in Hong Kong.
Lucapa says Angola gazettes new Lulo kimberlite licence
20 september 2018
Lucapa Diamond said the Angolan government has gazetted a new mineral investment contract for the Lulo kimberlite exploration licence.
GJEPC Chairman addresses 11th International Gold Summit in Delhi
20 september 2018
GJEPC Chairman Pramod Agrawal called upon all stakeholders in the gold industry to work together towards reducing the Current Account Deficit (CAD) in the country.
Exclusive
Color diamonds are more valuable and desirable and a better investment
In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...
17 september 2018
Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom
Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...
10 september 2018
Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee
Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...
27 august 2018
Vladimir Zboykov: New times have come for jewelers
How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...
20 august 2018
Changing preconceptions in the diamond and financial markets
Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...
13 august 2018
