Analytics
The development of the Russian jewellery market in recent years
In recent years, Russian jewellers have maintained a strong position in the domestic gold jewellery market with their own production by volume (in tonnes) at a level of at least 96% of the market. A correct assessment of the real dynamics...
Yesterday
Natural diamonds vs synthetic: The limits of compromise
The ecological potential of synthetic diamonds, which is so often talked about, turns out to be not so unambiguous. The slogan "A diamond is forever", invented in 1947 by De Beers, is no longer a mantra for modern women. What was unthinkable...
20 march 2023
Expert reports
Why the High End Is Driving the Watch Industry
(rapaport.com) - Luxury brands are having a moment, but a new Apple product is providing tough competition for the cheaper segment. Luxury timepieces with export prices above CHF 3,000 ($3,200) were the best-performing watch segment in January, according to data...
Today
The Industry’s Russia Crisis: Formulating Sanctions
(rapaport.com) - The Russia crisis is forcing the diamond trade to take responsible sourcing to the next level. Considering the industry’s long history of dealing with reputational challenges, the ongoing war in Ukraine adds a new dimension.
Yesterday
Will LVMH Try to Take Over Richemont (Or Cartier)?
(jckonline.com) - Swiss newspaper Finanz und Wirtschaft reported there were “whispers” that LVMH wanted to acquire rival conglomerate Richemont—and had its sights particularly set on Richemont star performer Cartier. The story was pretty vague on its sourcing, and some...
24 march 2023
News
Northam Platinum grows revenue
Today
Northam Platinum registered a 44.9% year-on-year increase in revenue to R20.1-billion the for the six months ended December 31, 2022.
SUNLIGHT recognized as the favorite brand of Russians
Today
SUNLIGHT became the winner of the popular vote of the Komsomolskaya Pravda media group in the nomination "Modern Legendary Brands". The results of the project "50 legendary brands" were announced at a ceremony in the Moscow cinema "Illusion".
Debmarine Namibia more than doubles payments to government
Today
Debmarine Namibia, a joint venture between De Beers and the Namibian government increased its contribution to the government by 147% to N$4.7 billion in 2022. Company chief executive Willy Mertens was quoted by New Era as saying that the contributions were made through royalties, tax and dividends.
CEPA helps Indian company Malabar Gold & Diamonds consolidate all international operations in Dubai
Today
Thanks to the UAE-India CEPA deal (Comprehensive Economic Partnership Agreement), India’s Malabar Gold & Diamonds has been able to consolidate all of its international operations in Dubai, through a swanky 28,000 square feet facility at the Deira Gold Souk Ext.
Sibanye-Stillwater provides emergency financial support for New Century
Today
Multi-national mining and metals processing company Sibanye-Stillwater has approved financial support of up to A$30 million for New Century Resources following the suspension of operations at the Century mine due to extreme weather affecting Northern Queensland, Australia.
SOKOLOV presents a spring-summer collection
Yesterday
SOKOLOV jewelry brand has presented a collection of jewelry in the new spring-summer 2023 trend book, which includes more than 85 gold and silver products with inserts of precious and semi-precious stones.
Gem cutting as art
Yesterday
A significant event was held in the Gokhran of Russia - an author's meeting with the famous cutter Viktor Tuzlukov - with the participation of the Gokhran head Andrey Yurin, jewelry industry experts, students of specialized specialties from the capital's universities and colleges: D. Mendeleev University of Chemical Technology of Russia, S. Ordzhonikidze Geological Prospecting University, K. Faberge College and others.
Zimbabwe confident of meeting $1bn diamond industry target
Yesterday
Zimbabwe is confident of meeting its $1 billion revenue target from the sale of diamonds in 2023 due to improved production, a government official has said.
Exclusive
Lucapa boosts Angola kimberlite exploration with establishment of standalone bulk kimberlite sampling plant
Lucapa Diamond and its Angolan partners are making great strides to improve the Lulo kimberlite exploration programme. Company chief executive and managing director Stephen Wetherall told Rough & Polished’s Mathew Nyaungwa on the sidelines of the Mining...
Yesterday
“In the jewellery art, we express our feelings, emotions and share them with others”
Over 30 years, the MOISEIKIN company based in the Ural area has become a famous jewellery brand. The jewellery and souvenirs of this jewellery house made of precious and semi- precious stones and metals are displayed at museums and in private collections...
20 march 2023
Automatic double upgrade of diamonds is not only a questionable practice but could be systemic fraud – Meeus
HRD Antwerp is under investigation by Belgian authorities following allegations that for every Gemological Institute of America (GIA) stone, which entered their lab for certification an automatic upgrade would be given two colours up and one...
13 march 2023
"At House of Ashish Vijay, diamonds and coloured gemstones will only ever mean stones that carry a storied legacy"
Ashish Vijay, a Dubai-based investor, philanthropist, entrepreneur and businessman with decades of experience in the precious gemstone and luxury jewellery industry, finance and investments sectors, set up his business in Dubai in the year 2013. As the...
06 march 2023
KP should remodel its enforcement, accountability mechanisms if it wants to remain relevant - Fula-Ngenge
The African Diamond Council (ADC) is calling on the Kimberley Process (KP) to remodel its enforcement and accountability mechanisms if it wants to remain relevant and effective. ADC chairperson M’zée Fula-Ngenge told Rough&Polished’s...
27 february 2023
