Angola seeks to grow diamond cutting volume

Angola is planning to boost its diamond cutting capacity, said the executive secretary of the National Kimberley Process Commission, Estanislau Buio. The current four cutting factories in Angola are struggling to utilize the 20% production allocated...

30 july 2021

De Beers boosts first-half output

De Beers produced 15.4 million carats during the first half of 2021, which was an increase of 37% compared to the corresponding period in 2020, according to Anglo American. The diamond group produced 25 million carats last year.

30 july 2021

World’s biggest 2.5m carats sapphire found by Sri Lankan gem trader

The world's largest cluster of sapphire, valued at around £72mn weighing 510 kilograms and has the equivalent of 2.5 mn carats has been found at the home of a gem trader in Sri Lanka. The cluster was named the "Serendipity Sapphire”.

30 july 2021

Antwerp opens its own diamond cutting training center

The diamond company HB Antwerp will soon open its own training center for diamond and jewelry experts in Antwerp, the VRT TV channel reported. Three times a year, the HB Academy will recruit for a 12-week course eight future cutters, who are guaranteed...

30 july 2021

Nornickel takes part in Norilsk Public Chamber hearings

Nornickel initiated an extended meeting of the Public Chamber of Norilsk. Public representatives and company executives discussed Nornickel’s efforts to improve the quality of life in the Arctic city. The roundtable gathered representatives of public...

29 july 2021

Silver and diamonds - the "daily bread" of jeweler

26 july 2021

GRINGOR is a St. Petersburg-based modern jewellery manufacturing company established in 2002. It successfully develops and implements the innovations, many of which resonate with the Russians and the people abroad. In 2012, GRINGOR was awarded the honorary title of the “Official Supplier of the Russian Imperial House”, and the company’s president, Alexander Gorynya, was awarded the diploma “In recognition of Outstanding Services in Preserving and Developing the Traditions of the Russian Orthodox Church Jewellery Art and in Honour of the Special Esteem”. Alexander Gorynya, the founder of the GRINGOR company, told Rough&Polished what his company has achieved for two decades and what contribution it makes to the development of the Russian jewellery industry.

Willie Nagel, a gentleman, who would have the strength and stamina to deal with business leaders and politicians, passes away

20 july 2021

By Alex Popov

Willie Nagel passed away on July 14th. Friday he was buried in Israel. I was flying from New York with a stopover in London when it happened. Being unable to be there and express my feelings to Adam and Toni, I would like to remember him here.
Our last meeting was a year before COVID cut off the travel schedules. His modest apartment in St John Wood was squeaky clean, and Willie was presiding over the tea in his wheelchair. He was 93 years old then, but his mind was as clear as 20 years before when we first met.
It always amazed me how this small gentleman, and I cannot characterize Willie other than a gentleman, would have the strength and stamina to deal with business leaders and politicians. He made sure they listen to him, take his advice, and implement his ideas. But, at the same time, he would always find room for ordinary people like myself who would come to seek his guidance.
I learned a lot from Willie and will always be grateful for that.  
In April 2016 Yaakov Almor published an excellent interview with Willie Nagel in the World Diamond Magazine. With Yaakov’s permission, I would like to repeat it here.
May his memory be blessed.

Diamond industry's reaction to KP impasse

19 july 2021

The Kimberley Process Civil Society Coalition (CSC) recently said that it is planning to approach the United Nations (UN) over the impasse on the redefinition of conflict diamonds and the principles of responsible sourcing. The CSC representative Shamiso Mtisi said it is time the UN directly intervenes in this important matter and prescribes to the KP what to do. He said in approaching the UN, they will draw its attention to hotspot areas where diamond mining companies, state actors and private security and trading states are allegedly violating human rights for profit. Mtisi claimed that despite efforts by Russia (together with Botswana on the principles) to put the redefinition of conflict diamonds and the principles of responsible sourcing on the agenda of their recent meeting, there was resistance with participants invoking procedural concerns to block the discussions. He alleged that this was making the KP guilty by inaction, since without an update to the definition, and promoting responsible sourcing standards, the KP continues to falsely certify diamonds affected by widespread or systematic violence as conflict-free. Rough&Polished's Mathew Nyaungwa contacted some players in the diamond industry to get their comments on this gridlock. Below is his question and the responses he received from Botswana Diamonds' managing director James Campbell, De Beers' spokesperson David Johnson; and independent industry analyst Paul Zimnisky:

Natural and LGDs are two segments of the industry that will have to learn to coexist together

12 july 2021

Having now completed half a decade in the diamond jewelry exporting and wholesaling industry, Anmol Bhansali received formal training on Diamonds from GIA in addition to a lengthy training in jewelry wholesaling from the factories at Goldiam. He has joined Goldiam to spearhead the lab-grown diamond ventures (both in jewelry wholesaling and LG diamond growing) as well as E-commerce initiatives of the company, with a focus on profitable, margin-oriented businesses that favor the shareholders and investor community of the company. He has graduated with a Bachelors of Science, in Economics, Finance and Management from the Wharton School at the University of Pennsylvania. Here, in an exclusive interview with Rough&Polished, Anmol Bhansali talks about his dream project, and his aim to focus and grow in the LGD sector going forward.

L'ÉCOLE Van Cleef & Arpels: our mission is to share the jewelry culture with as many people as possible

05 july 2021

France has gradually begun to lift quarantine restrictions on places of cultural recreation, including museums starting from May 19, 2021. The world-renowned L'ÉCOLE, School of Jewelry Arts (L'ECOLE des Arts Joailliers) Van Cleef & Arpels was one of the first to open its doors after another long lockdown, announcing the extension of the exhibition Jean Vendome, Artist Jeweler until 28 July 2021. Initially, the exhibition was scheduled for the end of 2020, but as L'ÉCOLE opened its doors to admirers of the legendary jeweler's craftsmanship on October 8, 2020, another wave of COVID-19 spread across France. All establishments were closed. Now residents of France can visit an exhibition of one of the main jewelers of the twentieth century for free, having previously registered on the School's website. In addition, L'ÉCOLE offers a wide range of jewelery courses that were only available online during the pandemic. Rough&Polished spoke with Marie Vallanet-Delhom, President of Van Cleef & Arpels’s L'ÉCOLE, School of Jewelry Arts, about how the school weathered the coronavirus crisis, about the courses on offer, and of course about the Jean Vendome exhibition.

“I think LGDs will never be a threat to natural diamonds,” asserts Suresh Hathiramani, Managing Director, Facets Singapore

28 june 2021

A diamantaire and industry expert with a deep knowledge of the gem & jewellery industry, Suresh Hathiramani is also a GIA trained diamond grader, researcher and writer about all things related to diamonds. His work experience stretches over 45 years and covers three countries in Asia. Besides being an ardent proponent of diamonds as a store of emotional and financial value, Suresh is an environmentalist and nature photographer as well. Here, in an interview with Rough&Polished, Suresh Hathiramani talks about his journey and his passion for diamonds and what excites him most about the future of the industry.

MIUZ Diamonds - diamonds with a century of history

21 june 2021

Moscow Jewellery Factory (MIUZ) has always been famous for its craftsmen winning prizes and obtaining the diplomas of “the best enterprise in the jewellery trade”. One of the oldest factories in Russia has two interesting news: about its recent 100th anniversary and about its complete rebranding and renaming the company, the brand of which is now called “MIUZ Diamonds”. The factory’s marketing director Irina Vasinskaya told Rough&Polished about this.

Lab-grown diamonds and jewellery are the future, says Liu

14 june 2021

As the founder of the Diamond Little Star® brand, Liu Jiangjiang is actively involved in various business activities. He founded the Lab Grown Diamond Research Centre and the Lab Grown Diamond Club in China. At the same time, he is also the General Counsel of the X Diamond® brand of the Singapore Investment Group. Liu Jiangjiang has obtained the “PRC’s Professional Qualification Certificate for Jade Jewellery Quality Inspector”, which is the highest-level qualification certificate in the field of gemology in China. Natural diamonds come from the earth, and lab grown diamonds (LGDs) are the result of the developments in science and technology. At present, the human society has entered the stage of highly developed science and technology, and people study the balance between nature and the technology. The harmonious coexistence and joint development of the natural diamonds representing nature, and lab grown diamonds representing the technology, is the first problem the people dealing with both categories should resolve. In his exclusive interview with Rough&Polished, Liu Jiangjiang expresses his plans for the future with confidence.

Pandora’s endorsement of lab-grown stones will not devalue natural diamonds – Zimnisky

07 june 2021

Jewellery retailer Pandora recently announced that it will no longer purchase natural diamonds as it had switched to lab-grown diamonds. However, diamond market analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that historically diamonds represented only a small portion of the jewellery offered by Pandora. Although the chain sells 85 million trinkets a year, only 50,000 featured diamonds, which makes it a small player in the natural diamond market. Zimnisky said that the majority of fine jewellers indicated that their customers still prefer natural stones ahead of synthetics and they do not have plans to change. He said Pandora’s announcement to only sell man-made diamonds will not lead to a devaluation of natural diamonds.

“The volume of Forevermark diamonds that we drive through Indian partners is much higher than in other parts of the world,” says Sachin Jain

31 may 2021

Sachin Jain has been a part of the Indian arm of De Beers that dates back to 2010 when he came on board as Head of Retail. In year 2014 he took over as President of Forevermark and today he is the Managing Director of De Beers, India. His single-minded focus, leadership skills and sharp vision have led to the phenomenal growth and expansion of the brand. Today, Forevermark Diamonds is one of the most trusted brands in the industry. As Managing Director of De Beers’ India operations, Sachin is responsible for the Forevermark business in the Indian subcontinent and the Middle East GCC business. He is also a very respected and invaluable member of the jewellery trade helping shape the future of the diamond business. Throughout his two-decade career, Sachin’s steely determination to succeed against all odds, his strong sense of ethics and eternal optimism has held him in good stead in the business of building and establishing global brands in India. Here, in an Interview with Rough&Polished, Sachin Jain sees immense potential for further growth of the Forevermark brand in India.

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