Lab-grown diamond jewellery sales to breach the 10% mark for the first time this year – Zimnisky

The supply and demand for man-made diamonds had been on an increase in recent years, much to the discomfort of the natural diamonds industry. Some companies in the mid-stream segment of the natural diamond industry are now involved in the lab-grown business...

28 november 2022

Diamond mining and diamond synthesis: Which is more efficient?

Vladislav Zhdanov - Professor at the National Research University Higher School of Economics and former Vice President of ALROSA (2015-2018). He is a physicist by profession. Vladislav Zhdanov was educated at the Ural Federal University (General...

21 november 2022

The success of TAGS over the past 5 years has encouraged many large tender houses to establish regular and sizeable tender operations in Dubai

Mike Aggett is an experienced Private Consultant with a demonstrated history of working in the mining and metals industry. Skilled in Luxury Goods, Business Planning, Sales, Gemology, and Jewelry, Mike is a professional who graduated from Dover College...

14 november 2022

It all starts with stones - it is they that give impetus, determine the image and embodiment

Maxim Selikhov is the founder of the SelikhoV Diamonds brand launched in 2006, and the company manufactures unique handmade jewellery with rare high-quality gemstones. He is also known as a collector of unique and large-size jewellery stones who considers...

07 november 2022

‘Our technologies – CVD machines and growing technology – are game changers’, asserts Arnaud Flambeau, Executive Chairman, 2DOT4 Diamonds LLC

Arnaud Flambeau is the Executive Chairman of ‘2DOT4 Diamonds LLC’, Dubai, a fully integrated lab-grown diamonds company. The Company provides rough 'as grown' diamonds, in-house polished IGI certified loose polished diamonds and high-quality...

31 october 2022

U.S. Sanctions Target Alrosa And Its CEO

28 february 2022

On Thursday, the U.S. Treasury announced a long list of sanctions against Russia, with some taking aim at state-owned diamond miner Alrosa and its CEO, Sergey S. Ivanov. The new rules do not proscribe U.S. companies from doing business with Alrosa. Instead, President Biden’s executive order forbids them from engaging in transactions with the publicly traded miner involving “new debt of longer than 14 days maturity or new equity.” While these moves are an attempt to limit Alrosa’s ability to raise U.S. capital, they could affect other transactions, says a member alert from the Jewelers Vigilance Committee (JVC).

Diamond Market: Rush demand vs. inflationary pressure

21 february 2022

The last year has instilled an idea into in the minds of most diamond market analysts that the only obstacle for its growth may be the limited global diamond production. This thesis is strongly supported by diamond miners. Increasingly, their presentations focus on the resource depletion and capital-intensive projects related to developing the few new deposits or extending the life of the existing ones. At the same time, the final part of the diamond pipeline, jewellery retail, is expected to enjoy a steady consumer demand. There are certainly grounds for optimism as the key market, the United States, has been showing its double-digit growth in jewellery sales since July 2020. But as inflation rises, there are also growing risks that the deeper concerns at the prices can interrupt the jewellery retail’s steady growth dynamics. The big question is whether the diamond market players will be able to shift the burden of their rising costs onto their buyers, while maintaining their desire to purchase jewellery.

Platinum: from a “fake” metal to one of the most expensive metals

14 february 2022

Throughout the history of mankind, the demand for certain types of mineral raw materials has been constantly changing. This has always been caused by the progress in science and technology, changes in the structure of the economy, and the discovery of new deposits. Today, it is obvious that the focus in mining and manufacture is shifting from the “traditional” types of raw materials (for example, iron, coal, chromium) to those resources that are in demand from new and advanced technologies. The talk is, in particular, about the platinum group metals (PGMs, platinoids).

Diamond “OPEC”: to be or not to be

07 february 2022

The discovery of a transparent small pebble in 1866 on the bank of the Orange River near today’s city of Kimberley made South Africa one of the richest countries on the African continent. A 15-year-old son of the De Beers livestock farmer picked up the pebble from the ground. The curious find was given to a local collector of stones, but he could not determine what it was. Only after some time, it was found out it was a rough diamond. For this reason, this event is considered the first commercial diamond production. Although most likely, people found diamonds before, just no one knew what kind of pebbles they picked up and what their value was.

About the book “World Diamond Market. From Inception to the Present State” by A. V. Nikolashchenko. Part II

31 january 2022

In 2019, the Moscow publishing house URSS put out a monograph by A. V. Nikolashchenko “World Diamond Market. From Inception to the Present State”. This very voluminous work (over 700 pages) was created by the author having over 35 years of experience in the diamond market as an employee of the Market Research Institute of the Ministry of Foreign Trade of the USSR, Almazyuvelirexport, and ALROSA. The abstract positions the work as the one slightly pulling back the “curtain over the world of the diamond trade closed from outsiders” and intended for specialists “in the field of diamond mining and trade, diamond manufacture, as well as for economists, historians, political scientists”. Such extensive monographs are published rather rarely. It is all the more surprising that in the two years that have passed since its publication, the book by Nikolashchenko has not received any serious reviews and responses in specialized publications. Perhaps, this is due to the fact that the book does not have an electronic version, and the circulation of its paper version turned out to be insufficient to cover an adequate audience. Meanwhile, the work by Nikolashchenko deserves the closest attention, at least, because of its rather unexpected claim to be absolutely exclusive.

About the book “World Diamond Market. From Inception to the Present State” by A. V. Nikolashchenko. Part I

24 january 2022

In 2019, the Moscow publishing house URSS put out a monograph by A. V. Nikolashchenko “World Diamond Market. From Inception to the Present State”. This very voluminous work (over 700 pages) was created by the author having over 35 years of experience in the diamond market as an employee of the Market Research Institute of the Ministry of Foreign Trade of the USSR, Almazyuvelirexport, and ALROSA. The abstract positions the work as the one slightly pulling back the “curtain over the world of the diamond trade closed from outsiders” and intended for specialists “in the field of diamond mining and trade, diamond manufacture, as well as for economists, historians, political scientists”. Such extensive monographs are published rather rare. It is all the more surprising that in the two years that have passed since its publication, the book by Nikolashchenko has not received any serious reviews and responses in specialized publications. Perhaps, this is due to the fact that the book does not have an electronic version, and the circulation of its paper version turned out to be insufficient to cover an adequate audience. Meanwhile, the work by Nikolashchenko deserves the closest attention, at least, because of its rather unexpected claim to be absolutely exclusive.

Will the diamond market face obstacles on the way toward new records?

17 january 2022

It appears from all the available indicators that the diamond market is entering the holiday season with insufficient inventories at all value chains due to the reduction in supply. The jewellery sales remain strong, and early data on the Americans' spending on the Thanksgiving Day holiday allow to feel upbeat about the Christmas period. An obstacle in this seemingly inevitable ‘race’ for records may be the factor of the low profitability of the cutting and polishing sector, which aggravated against the background of the rough diamond shortage and slowed down the polished diamond price growth. The market already stumbled over this problem several years ago, however, the picture was completed by the decline in jewellery sales at that time. But now, the already two-fold gap in the dynamics of the rough and polished diamond growth may be aggravated against the background of the new strain of COVID-19 spreading in South Africa that generates disruptions in the diamond supply and poses the risks of a larger deficit.

Russian jewellers were fostered by impecunious buyers

10 january 2022

The news that the Russian Ministry of Finance set out to create a marketplace focused on the export of Russian-made jewellery to the global market was widely discussed among the Russian jewellery market players. What the Russian jewellery industry can expect from such a marketplace?

PGI: Performance of platinum jewellery in four major markets during Q3

03 january 2022

The ‘Platinum Jewellery Business Review’ released a research study of platinum jewellery’s performance in four major markets--- the USA, China, India & Japan--- during Q3 2021. According to the statement, China’s GDP slowed in Q3 with the lowest rate in 2021. Japan’s economy faced challenges primarily driven by a power crunch and supply chain state of emergency in Q3. Platinum sales grew but at a slower pace than other categories.

Retail investment in 2022: Gold vs diamonds

27 december 2021

Inflation in the United States has broken a multi-year record as the consumer price index rose by 6.8% year-on-year in November this year, hitting a 30-year high. In an attempt to counteract this threatening trend, the Fed has intensified its implementation of the quantitative easing reduction and promises to completely stop the liquidity injection in March 2022, and not in June, as previously planned. It is also expected that the interest rate on federal loan funds in 2022 will be raised to 0.9% from the current range of 0% - 0.25%.