ALROSA 2019 - Airports and Sales

At the end of last year, I was immersed in an exceptionally curious activity — the study of the updated strategy of the ALROSA Group. Let me remind you that the key issue I raised was the lack of recovery prospects for the Mir mine, along with a very...

18 march 2019

Imports from Hong Kong S.A.R. to Mainland China: Diamonds and Gems Dwarfed by Gold

Guangzhou Diamond Exchange recently analysed the newly released official trade data, it shows that commodities under the HS Codes of Chapter 71 contribute more than 31% of the total imports from Hong Kong S.A.R. to Mainland China in 2018, achieving...

11 march 2019

An Environmental Expert on the Ecological Impact of Lab-Grown Diamonds

(jckonline.com) - For the last few weeks, I have been researching the environmental impact of lab-grown versus mined diamonds for a future blog and article in JCK. And one of the people who I wanted to talk to was Dr. Saleem Ali. Ali, an environmental planner and a professor...

Today

De Beers VP Says Slowdown in Smalls is Largely Cyclical, Not Due to Impact of Lab-grown Diamonds

(gjepc.org) - The segment of the diamond industry dealing in lower-priced and smaller-sized stones has gone through a rather difficult phase over the last few months. While the most recent sales figures released by De Beers and Alrosa, as well as the trading statistics...

Yesterday

Diamond Recycling Could Save the Natural Industry

(paulzimnisky.com) - Conventional wisdom says that an increased rate of diamond recycling results in downward diamond price pressure due to the theoretical increase in supply. However, the contrary may actually be true today in this relatively nuanced market. In fact, a...

19 march 2019

WJA hosts Inaugural Women Executives Forum in NY

Today

The Women’s Jewelry Association (WJA) held the inaugural Women Executives Forum in New York City aimed at businesswomen across jewellery and watch sectors, according to the report in WFDB.

Nirav Modi of the PNB scam arrested in London; denied bail

Today

Modi was arrested yesterday after a London court issued an arrest warrant against him in response to a request by the Enforcement Directorate of India for his extradition in a money laundering case.

Alrosa wants majority stake to mine diamonds in Zimbabwe – report

Yesterday

Russian diamond miner Alrosa, which will be assessing the quality of Zimbabwe’s diamond reserves over the next six months, wants a majority stake to mine diamonds in the southern African country, according to a news report.

Diamond Fields auctions Namibian marine diamonds for $1.1 mn

Yesterday

Diamond Fields has sold 47,298.18 carats of rough diamonds from the ML111 licence offshore Namibia for $1.1 million.

Two distinct, contrasting sectors emerging in global rough diamond market – Lucapa

Yesterday

Lucapa Diamond said the global rough diamond market has divided into two distinct and contrasting sectors.

ALROSA sums up the results of rough and polished diamond auctions in Hong Kong

Yesterday

ALROSA, a global leader in diamond mining, summed up the results of rough and polished diamond auctions, which were held simultaneously with the Hong Kong International Diamond, Gem & Pearl Show.

SMMEs tipped to drive growth of SA diamond industry

Yesterday

Small, medium-sized and microenterprises (SMMEs) will help drive growth of South Africa’s diamond industry, which has been hit by a lack of development and depleting assets, according to a diamond exploration, evaluation and mining geologist.

ALROSA price index has fallen by 2% in the last five months

19 march 2019

ALROSA CEO Sergey Ivanov said that the price index for ALROSA rough diamonds fell by almost 2% over the past five months, FINMARKET.RU reported.

“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

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019