AGD Diamonds will take part in the Arctic Science Summit Week in Arkhangelsk

AGD Diamonds, which develops diamond deposits in the Arkhangelsk Province, Russia, will take part in the Arctic Science Summit Week, which will be held in Arkhangelsk from May 22 to 30.


Macroeconomic uncertainty, Indian holiday force De Beers rough diamond sales downwards

De Beers, which is 85 percent-owned by Anglo American, said demand for its rough diamonds was weak during the fourth cycle of 2019, which raked in $415 million compared with $554 million, a year earlier.


Gemfields announces auction results held in Singapore

Gemfields announced the results of an auction of higher quality rough emeralds held in Singapore from 14 – 17 May 2019.


GSI conducted the Diamond Essentials Course for retailer Fred Meyer Jewelers  

Gemological Science International (GSI), one of the largest gemological organizations in the world, conducted the Diamond Essentials Course for retailer Fred Meyer Jewelers, a division of Kroger Co.


AWDC celebrates "100 years Brilliant"

On 27 May AWDC will celebrate "100 years Brilliant". 100 years ago, Marcel Tolkowsky, an Antwerp diamond polisher, made one of the greatest inventions in Belgian history.


“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

20 may 2019

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC as a major international commodities hub for trade. Here, in an Interview with Rough&Polished, Ahmed Bin Sulayem elucidates on DMCC, DDE, DPE and more… to present Dubai, the fastest growing diamond hub in the world.

De Beers scaling up Tracr ahead of formal launch

13 may 2019

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that they are pleased with the progress and success of the pilot programme. She said the platform, which provides consumers with confidence that registered diamonds are natural and conflict-free, will be scaled up ahead of formal launch “in due course”.

The perfect couple - platinum and diamonds

06 may 2019

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are only available to some, as the company operates in the segment of high-end goods. The owner of this company is jeweler Leon Megé born in St. Petersburg, who together with his employees, made it a rule to create each product only manually and in one copy, such as, for example, the Brooklyn Twins diamonds, which he mentions in this interview telling about his business and team - goal-oriented and enthusiastic professionals who are keen to turn every piece of jewelry into a work of art.

The technology of growing single-crystal diamonds has now become industrial in nature

29 april 2019

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond market will be worth $ 28.26 billion in 2024 as a result of growing demand for cutting, polishing and drilling operations. As it was reported by Rough&Polished, New Diamond Technology, LLC based in St. Petersburg “made a breakthrough in the world history of diamond growing having produced a single-crystal diamond type Ib weighing 103.50 carats" in December 2018. The company achieved this result using the method of high pressure and high temperature (HPHT) and caused another sensation by manufacturing a polished diamond weighing 20.9 carats from a single-crystal rough diamond weighing 55.94 carats grown in November 2018. Aleksandr Koliadin, Dr. Sci. (Eng.) and CEO of New Diamond Technology, sat with Rough&Polished to talk about the activities and future plans of his company.

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

22 april 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload three mines together with the Elizabeth Bay Mine by 2022 as it searches for higher-value gemstones offshore. However, De Beers’ senior manager for media and commercial communications, David Johnson told Rough & Polished’s Mathew Nyaungwa that Namdeb is only disposing off the Elizabeth Bay Mine, which is located 30km south of Lüderitz. He, among other things, also spoke about their decision to move to calendar year ITOs and to allow sightholders disclose the provenance of the diamonds they purchase from the group.

Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

15 april 2019

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to advise is strong due to his substantial experience in the luxury goods sector, with a track record in creating commercial success in international markets including North America, Europe, Middle East, Asia, China and Japan. From re-positioning the jewellery category at Montblanc, to leading the Swarovski Group team to achieve the fastest turnaround of a company ever recorded, Antonio was even awarded by HRH The Princess Royal with the UK Fashion Export Award for services rendered to the industry. Here, in an interview with Rough & Polished, Antonio Cerere walks us through his Exchanges and their activities, but not before offering a generous dose of his ‘advice’ as well…

Jewellery with diamonds, even with small ones, sells better than without diamonds

08 april 2019

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully developing its brand and winning jewellery prizes and awards for its charity. In recent years, the company was among the ‘Top 100’ best Russian jewellery brands and was a winner in the city contest ‘The Best Entrepreneur (enterprise) of Yakutsk’ and the All-Russia contest ‘The Best Jewellery Store’, a leader in the economic development of the All-Russia Association of Business and Entrepreneurship, it was also awarded the Grand Prix at the International Jewellery Fashion Week ‘Estet Fashion Week’ (2016, 2017, 2018). Last year alone, Kierge was a prizewinner at the International Jewellery Contest named after Carl Faberge, and was granted the national award ‘Reliable Business Partner’ within the framework of the Public programme ‘For the Benefit of Russia’, as well as the prizewinner at the international JUNWEX jewellery and watch exhibitions in Moscow and St. Petersburg (in nominations ‘Ethnic Motifs’ and ‘Ethnic Style’). The Kierge CEO Galina Pavlova told Rough&Polished how to keep afloat in the stagnation and crunch periods.

Lucapa’s Wetherall on the past, present and the future

01 april 2019

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond auction under the country’s new diamond trading policy, which featured Lulo stones; the company’s exploration programmes in Angola, Australia and Botswana as well as their future plans.

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

25 march 2019

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery industry back to its glorious days. Pramod Agrawal, along with the GJEPC Committee members, has been actively leading from the front, right from approaching the government for sops to spearheading all the GJEPC initiatives for the benefit of the whole industry. He has immense faith in the Indian government to work out an industry-friendly policy for the country’s G&J industry. An astute businessman, Pramod Agrawal is the Chairman of Derewala Industries Limited-- a Jaipur based conglomerate employing 1500 people across 4 unit, producing and supplying gold jewellery, silver jewellery, and imitation fashion jewellery in India and abroad. Besides steering his Derewala Group to a successful conglomerate, Agrawal has been a Member of Committee of Administration in GJEPC for many years. Regional Chairman of GJEPC – Rajasthan Region; Chairman of Indian Institute of Gem and Jewellery (IIGJ), Jaipur; was associated with GJC and Jewellers Association, Jaipur; Convener of the Jewellers Association Show – JAS to name a few. Here, in an interview with Rough & Polished, Pramod Agrawal expresses his candid thoughts on the current industry situation; but also sees the resilient Indian G&J industry overcome all hurdles and surge forward as it has done during last few decades.

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

18 march 2019

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 that is focused on providing working capital and trade finance services specific to the diamond sector. Prior to joining NBF, Davy Blommaert spent six years at Antwerp Diamond Bank, where he supported the development of its Antwerp and Hong Kong businesses before moving on to oversee its Dubai office.  His two-year stint at International Diamond Laboratories DMCC (IDL) as its finance manager and legal counsel saw him play a key role in helping IDL set up its operations in locations from Mumbai and Jeddah to Istanbul and Antwerp. In an Interview with Rough & Polished, Davy Blommaert talks about NBF’s methodology, systems and policies, which protects the bank from losses.

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