Analytics
Are sanctioned Russian diamonds reaching the American consumer? “Yes”… and “No”, but for those knowingly involved, Spoiler Alert: you are playing with fire
It is clear that Russian Alrosa diamonds are finding their way into the global supply chain and via various mechanisms, mostly perfectly legal, end up with a non-Russian country of origin. This article details some of those mechanisms and the possible...
29 september 2022
Russia in the global market of coloured gemstones: rough semi-precious stones
In this review of Russia’s role in the global market of coloured jewellery stones, the talk is about the rough semi-precious stones. According to the customs nomenclature, this is code 710310 - “Precious stones (other than diamonds) and semi-precious...
26 september 2022
Expert reports
LME Takes First Step Toward Possible Russian Metal Ban
(bloomberg.com) - The London Metal Exchange is releasing a discussion paper which, according to people familiar with the matter, marks the first step towards a possible ban on new supplies of Russian metal. Any move by the LME to block Russian supplies could have a significant...
30 september 2022
Jagersfontein mine owner Stargems says tailings facility was “safe and secure”
(miningmx.com) - The owner of the Jagersfontein diamond tailings dam which burst on Sunday killing at least three people said that the assets “were safe and secure” based on a due diligence prior to buying them. According to a report by Bloomberg News, Johan Rupert’s...
30 september 2022
Natural Diamond Council Losing Almost Half Its Funding In 2023
(jckonline.com) - The Natural Diamond Council (NDC) is likely to lose half its budget in 2023, the result of Russian diamond miner Alrosa leaving the group earlier this year, the group’s CEO David Kellie said during a presentation at Facets 2022, the recent two-day...
29 september 2022
News
Alrosa finds 22 new diamond deposits in Zimbabwe – report
30 september 2022
Alrosa has discovered 22 new diamond deposits in Zimbabwe, according to media reports citing the country’s president, Emmerson Mnangagwa. Bloomberg reports that Harare will only limit the Russian diamond company to work on only two of the diamond deposits.
TAGS presents smaller tender in September due to uncertain market conditions
30 september 2022
The Trans Atlantic Gem Sales (TAGS) event took place in Almas Tower, Dubai from 21st -28th September 2022. While international markets remain impacted by the continued global economic situation and overall uncertainty, TAGS welcomed over 120 leading manufacturers from around the world.
Jewellery maison Cartier International joined CIBJO as a commercial member
30 september 2022
Cartier International, one of the world's oldest and most prestigious luxury maisons, has joined CIBJO, the World Jewellery Confederation, as a commercial member.
Quebec-based Groupe RSL innovates to push the diamond industry to new heights
30 september 2022
Groupe RSL is the first company to produce a Canadian lab-grown diamond gem, at its production facility in Quebec, businesswire.com writes. The company is currently producing large diamonds for the premium jewellery market.
WGC: India’s retail gold jewellery market poised to grow in the next 5 years
29 september 2022
The World Gold Council launched a report on 28 September 2022, titled ‘Jewellery market structure’, as part of a series of in-depth analysis on the Indian gold market. The report highlights a notable shift in India’s gold jewellery market over the past few years, catalysed by changes in consumer behaviour and government regulations.
Botswana Diamonds completes acquisition of Thorny River project
29 september 2022
Botswana Diamonds has completed the acquisition of the Thorny River project after it received all the regulatory approvals in South Africa.
Another mine dam wall collapses at SA’s disused Jagersfontein diamond mine
29 september 2022
A mine dam wall at South Africa’s Jagersfontein diamond mine in Free State province has collapsed just two weeks after a similar incident took place at the disused mine, killing one person while two are still missing. Reuters, citing an unnamed provincial government official, reports that there were no instant reports of any casualties or fatalities from the latest dam wall collapse.
Nornickel’s Board of Directors decided to hold Extraordinary General Meeting of Shareholders
29 september 2022
The Board of Directors of Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has decided to hold Extraordinary General Meeting of Shareholders (EGM) on November 24, 2022
Exclusive
“The global diamond industry must now learn to steer clear of this obstructive and outdated “blood/conflict diamond” terminology,” says Dr M’zee Fula Ngenge, Chairman, African Diamond Council
Dr M'zée Fula Ngenge, the Chairman of the African Diamond Council (ADC), a Mining Engineer and highly respected Senior Strategy Advisor celebrated 40 years in the global diamond industry this year. He acts as a professional liaison within...
26 september 2022
Anglo American Platinum makes significant investments in SA’s hydrogen economy
Anglo American Platinum continues to make significant investments in South Africa’s hydrogen economy, according to a company spokesperson. The Platinum Group Metals (PGMs) miner’s external communication principal Nomonde Ndwalaza told Rough&Polished’s...
19 september 2022
Ellen Joncheere: I am launching a new initiative to support young designers globally
Ellen Joncheere, CEO of HRD Antwerp, in an exclusive interview with Rough&Polished told about the history of the HRD Design Awards and its new, 18th edition.
12 september 2022
Hari Krishna Exports eyes untapped diamond jewellery markets
Ghanshyam Dholakia, born in a farmers’ family in a remote village Dudhala in Gujarat was inspired along with his siblings by his father to follow their destiny and this led them to Surat city - a world of opportunities! In the early seventies, Ghanshyam’s...
05 september 2022
There truly is a shift of interest of the masses in LGDs
Shashikanth Dalichand Shah, Chairman of Lab Grown Diamond & Jewelry Promotion Council (LGDJPC), has been promoting the lab-grown diamond and jewellery sector for the past few years spreading awareness of lab-grown diamonds and helping and educating...
29 august 2022
