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...

Yesterday

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

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

World diamond industry in 2017

Yesterday

In July this year, the Kimberley Process once again published statistics on diamond mining and trade by the countries of the world in 2017. Last year, the same 23 countries were engaged in industrial diamond mining as in 2016.

Fake for the rich, expensive for the poor

13 august 2018

It is easy to see: today De Beers with its "eternal" conservative values fixed in the minds of young people involuntarily gets into confrontation with the ideology of Apple based on "here and now" and – is losing to it! You can repeat as much as you like that the trend towards "green" and "ethical" goods is very good for the global jewelry industry, but the truth is that it is just an attempt to "pull someone else's blanket on yourself."

Angola crafts new path for diamond sector, loosens Dos Santos’ family grip

30 july 2018

The election of João Lourenço as Angola’s new president last September after almost four decades of Jose Eduardo dos Santos’ rule has brought so much hope in the southern African country, which is one of the leading crude oil and diamond producers. Dos Santos’ family had a tight grip on Angola, but that has changed, as the new leader was acting on his promise to tackle family monopolies and make Angola more attractive to investors.

Prospects for world diamond mining industry

24 july 2018

According to our estimates, global diamond reserves are about 2 billion carats, while diamond resources reach 4.4 billion carats. Taking into account the rather high rates of production (134.1 million carats in 2016), the raw material base of precious stones can be exhausted in little more than thirty years.

Everyone must get out of the shadows: How to change Russian legislation regulating the turnover of precious stones and precious metals

09 july 2018

The overregulation in Russia’s trade in precious stones and metals has put some part of the country’s jewelry market into the shadow economy, and small workshops are balancing on the edge of ruin. At the same time, the extractive industry continues to grapple with the competing "black diggers" and demands even more tighter legislation. Besides business, this is a no-win situation for the State, as it receives less taxes, and for ordinary consumers as well. The necessity to change this situation has ripened long ago, but the problem is how to observe the interests of all parties concerned.

One Carat Rounds – Largely Stable, With Some Exceptions

02 july 2018

A few months ago, we looked at the changing prices of third carats, and then we examined the price trend of two-carats. This week we examine the price trend of what is considered the standard diamond – the one-carat round.

Mixed first half of 2018 for the Israeli diamond industry, but mostly positive

25 june 2018

It's been a mixed first half of the year for the Israeli diamond industry, with a range of events affecting the sector, both negatively and positively. Most recently, the World Diamond Congress, which was due to be held in Tel Aviv in June, was cancelled. In addition, Israel's polished diamond exports have not exactly been sparkling this year.

The play of colors

18 june 2018

Color is the second measurement of the ‘4C’ system used by experts for the polished diamond grading. Talking about this parameter, the jewelers imply the presence or absence of a hue in a classic colorless – or so called ‘white’ - diamond. Part of stones mined have a marked hue – they are called ‘color or fancy color’ diamonds, but some other methods are used to assess them.

The Stalin Prize for the creation of the diamond industry in the USSR

13 june 2018

In 2014-2015, the Gornaya Kniga Publishers released a two-volume ‘Russia’s Diamond Book’. In this huge work (1,363 pages!), 2 paragraphs were written about diamond mining in the Ural area in 1946-1953, and only one person of the then Uralalmaz management was mentioned. At the same time, there is a chapter ‘They created the diamond mining industry’ devoted, certainly, to the Yakutalmaz workers. With all due respect to these wonderful workers, it is necessary to make some corrections in the priority in building up the national diamond mining industry.

As surely as the sun rises, Anjin will resume diamond mining in Marange

04 june 2018

The mining of diamonds in Zimbabwe’s Marange area has been a subject of much controversy in the longest of time. Many a people celebrated the discovery of the vast alluvial diamond fields in 2006 as that came at a time Zimbabwe had started experiencing economic challenges. One cannot blame Zimbabweans for pinning their hopes on diamonds as neighbouring countries such as Botswana were raking in hundreds of millions if not billions of dollars in diamond revenue. Politicians also didn’t help matters as they promised that the country would earn about $2 billion annually in diamond revenue. That was a pipe dream.

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