TAGS reports high-level uptake for second month in succession

For the second consecutive month, Trans-Atlantic Gem Sales (TAGS) extended the event by 2 days to manage the considerable demand from companies seeking appointments, as per a press release from the company.


Christie’s announced global sustainability initiative

Christie’s confirmed today its commitment to more sustainable operations, pledging to be net zero by 2030.


Petra sells 299 ct diamond for $12.18 mln

Petra Diamonds has sold a 299.3-carat diamond recovered at its Cullinan diamond mine in South Africa early this year for $12.18 million. The diamond was sold to Stargems DMCC.


Anjin targets diamond output of 900 000 ct in 2021

Anjin Investments, a joint venture between China's Anhui Foreign Economic Construction Company (AFECC) and Matt Bronze, an investment vehicle controlled by Zimbabwe's military, is planning to produce 900 000 carats this year, according...


Sarine to apply for Dual Listing on Tel-Aviv Stock Exchange

Sarine Technologies Ltd advised its investing public that the Board Of Directors of the Company has resolved to seek a dual listing of its shares for trading on the Tel-Aviv Stock Exchange (TASE), as per a press release from the company.


Striving for excellence


Despite the pandemic, the exhibition "Carl Fabergé & Feodor Rückert. Masterpieces of Russian Enamel” was successfully held at the Moscow Kremlin Museums where about 400 pieces of precious metal with enamel were displayed made by the Russian jewelry firms at the turn of the 19th and 20th centuries as well as the works by the Russian painters and the masterpieces of the Russian national treasury (Usolye enamels, Chinese porcelain, gold utensils of the 17th century). Art expert Tatiana Muntian, the curator of this exhibition, told Rough&Polished about the efflorescence in the Russian jewelry art and about its representatives as well as about the current state of the jewelry industry.

Botswana Diamonds deal with Diamexstrat, Burgundy more extensive than that with Alrosa – Campbell

01 march 2021

Botswana Diamonds recently entered into a cooperation agreement with Diamexstrat Botswana and its partner, Burgundy to fund exploration of its prospecting licence assets in the southern African country. Company managing director James Campbell told Rough&Polished's Mathew Nyaungwa in an exclusive interview that the agreement with Diamexstrat and its partner is broader compared to the one they had with the Russian diamond giant, Alrosa. Under the deal that Diamexstrat and its partner, Burgundy can earn up to a 70% interest in Sunland Minerals and Sekaka's prospecting licences. Botswana Diamonds can also earn a 15% interest in prospecting licences held by Diamexstrat and its partner on the first $1.5 million spent on exploration by the later where the former's database assists in the discovery of a primary kimberlite.

‘By democratizing luxury, lab-grown diamonds are heading towards opening the widest consumer base globally the diamond industry has ever experienced’, asserts Amish Shah, President, ALTR Created Diamonds

22 february 2021

A third-generation diamantaire, Amish Shah, President of ALTR Created Diamonds and pioneer of the lab-grown diamond market has never been afraid to challenge the status quo. After gaining experience, through his family business in the diamond industry and fine jewelry at an early age, Amish joined R & R Grosbard Inc. in New York in 2001 and helped transform it into an international powerhouse. Ten years later, Amish took over its operations and led a merger with his family business, conceiving R A Riam Group Inc. in New York, which includes ALTR Created Diamonds. As the only vertically-integrated diamond enterprise that provides a true end-to-end product, ALTR creates the purest form of diamonds --- type-IIa diamonds --- known to man. Here, in an exclusive Interview with Rough&Polished, Amish Shah tells the Lab-Grown Diamond story with elan…

Debbie Azar: “I believe that natural and laboratory-grown diamonds are two separate products that can complement each other through their unique features and benefits”

15 february 2021

GSI is one of the largest gemological organizations in the world with 13 laboratories globally. GSI’s four pillars – integrity, innovation, professional service, and research & education – serve as the backbone of its business and provide a layer of protection for their customers. Because GSI utilizes leading-edge technologies and automated processes and software - it’s able to offer uncompromising accuracy, reliability and consistency. GSI offers a variety of products and services including natural diamond grading reports, laboratory-grown diamond reports, gemstone identification and origin reports, educational courses and much more. In this interview given to Rough&Polished, Debbie Azar shares her insights on diamond grading and the industry.

Consumer spending on diamonds exceeds expectations as rough demand outstrips supply – Zimnisky

08 february 2021

Consumer spending on diamonds exceeded expectations in the fourth quarter of 2020 and has continued through early 2021, according to a top industry expert. Diamond industry analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa that a multi-year trend of cleaning up oversupply in the market was brought about by the COVID-19 pandemic due to supply-chain disruptions and mine suspensions. He projected volatility in the market in the near-term, although he is of the opinion that the industry is best positioned from a supply standpoint as it has been in the past.

Every crisis creates new opportunities

01 february 2021

Pravin Shah has been in the business of diamonds for four decades; his technical expertise and thorough knowledge of the whole diamond manufacturing process sets him apart.
As a director, Pravin Shah is in charge of all the operations at two manufacturing factories – one in Surat and the other in Namibia. He is known for his leadership abilities, ethical values and guiding principles. He serves as a committee member in Gujarat Hira Bourse, a Vice-Chairman of Jain International Trade Organisation (JITO) Gujarat Zone, and also serves as a Trustee in various social and religious trusts. Pravin Shah is a visionary, an avid reader and a passionate diamantaire. Here, in an interview with Rough&Polished, Pravin Shah comes across as an astute businessman, passionate about expanding the company’s business … going forward.

“With technology all information is immutable and Blockchain cannot be compromised,” reassures Erik Jens, CEO, LuxuryFintech

25 january 2021

When Erik A Jens quit ABN AMRO as global CEO of its diamond and jewellery client division, he started his movement called LuxuryFintech, which provides services such as commercial and corporate banking solutions for the art and jewelry sector, and asset-backed finance solutions for art and jewelry sector with blockchain solutions and many more. As Founder/CEO of LuxuryFintech, Erik Jens is involved in various projects and initiatives related to finance and provenance matters in the jewellery sector as well as the art sector. He comes armed with professional experience in banking, financing and investments; and specialized in private wealth management solutions, investments in hedge funds, private equity and real estate industry. Here, in an interview with Rough&Polished, besides spelling out the nuances of fintech business, Erik provides some very crucial updates on some of the most recent developments in the luxury fintech sector.

Diamonds across time

18 january 2021

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told Rough&Polished about how this book came to life, its concept and future projects within the diamond industry.

Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

11 january 2021

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent scientist recognized in the world scientific community. In 1998, Nikolai P. Pokhilenko became the discoverer of the largest new genetic type diamond deposit in the northwest of Canada, for which he was awarded the International Hugo Dummett Diamond Award in 2007. In the 1990s, Pokhilenko showed his knowledge and talent when forecasting three new diamondiferous areas in Yakutia. From 2007 through 2012, he was the Director of large audit and evaluation projects in the Siberian Platform within the framework of the government contracts with the Ministry of Natural Resources of Russia and Rosnedra (Russian Federal Agency on Subsoil Use), which made it possible to substantiate new forecast diamond resources of 145 mn carats in the region. In this interview with Rough&Polished, N. P. Pokhilenko shares his views on the prospects for the diamond mining in Russia.

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

04 january 2021

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs of the jewellery art, and his clients include many celebrities. He won numerous prestigious international jewellery competitions, worked with the Christie’s and Bonhams auction houses. He is the only Russian designer jeweller now who has the honour of exhibiting and selling his works at Christie’s in London. The Fazulzyanov’s works, mostly in the Art Nouveau and Art Deco styles, were exhibited twice in the Kremlin’s Diamond Fund, and in 2016, his solo exhibition was held in the Kremlin Museums - from his earliest works to today’s ones (his exhibition ranked second in the number of visitors, the Cartier’s one ranked first). His jewellery was purchased for the collection of the Kremlin Armory and by the museum of the Van Cleef company where he gave a lecture on enamels. In 2017, he opened his own Ilgiz F jewellery gallery at the Art Residence, where exhibitions of works by contemporary jewellers are held, including the annual Jewellery Winter exhibitions traditionally bringing together the top famous designers. In November, the third edition of Jewellery Winter was held, about which (and many other things) Ilgiz Fazulzyanov told the Rough&Polished correspondent.

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