Sotheby’s diamond auction marks another bitcoin milestone

The 101.38-carat pear shaped flawless diamond - The Key 10138, which carries a pre-sale estimate of $10 million - $15 million, will be sold by Sotheby's on July 9 in Hong Kong.


The Jewellers’ Guild of Russia held its reporting and election meeting

The Association "Jewellers’ Guild of Russia" held its reporting and election meeting on June 18. Due to the difficult situation regarding the incidence of coronavirus infection, the meeting was held in the format of a video conference.


Norilsk Nickel on ecology, indigenous peoples of the North, and public control

The implementation of events within the strategy pursued by Norilsk Nickel’s production divisions in the field of ecology and climate change will require up to $ 1 billion per year, said Andrey Bugrov, the company’s Senior Vice President for Sustainable...


Lesotho auctions diamonds collected from illegal miners

The government of Lesotho recently auctioned diamonds collected from illegal miners, according to media reports. The country’s National Assembly passed a law last year that granted amnesty to people in possession of illegal rough diamonds should they...


Botswana renews Tsodilo prospection license for two years

Tsodilo Resources says its Prospection License 369/2014 has been renewed by the government of Botswana for two years commencing October 1, 2021. The license area contains the company's diamondiferous BK16 kimberlite project.


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.

GSI's new Jaipur office to specialize in colored gemstones

24 may 2021

Gemological Science International (GSI) has opened a new laboratory in Jaipur, India. Since this state is the capital of colored gemstones, the laboratory will have a dedicated division specializing in colored gemstone geographical origin and identification. A team of GSI professionals will provide highly qualified services for the certification of gemstones.
Rough&Polished spoke with GSI's new Jaipur office Head, Meenu Vyas, an industry expert, FGA, to find out what services and initiatives the new GSI lab will offer.

“We welcome the mandatory hallmarking in the interest of consumers, but it is also essential to have proper and evenly spread infrastructure across India,” asserts Ashish Pethe, Chairman, GJC

17 may 2021

Ashish Pethe, Chairman of All India Gem and Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF) is based in Mumbai. As the third-generation heir of M/s Waman Hari Pethe Jewellers established in Mumbai way back in 1909, Ashish Pethe comes with decades of experience in the jewellery sector.
After completing his bachelor’s degree in B.E. (ELECTRICAL) from VJTI, Mumbai followed by masters in MBA (Marketing) from Symbiosis Institute of Business Management, Pune, and a certificate course in Diamond Grading from International Gemological Institute, Ashish has been actively involved with the trade bodies at various levels. Now, as Chairman of GJC, Ashish Pethe’s vision is to transform and energize jewellers across India to bring more synergies within the indigenous industry. His motto is to unite the entire industry and work towards achieving GJC's set goal of ‘One Industry One Voice’. Here, in an Exclusive Interview with Rough&Polished, Ashish Pethe takes us through the Indian jewellery sector, articulating the nuances of the traditional market.

ALMAR is a case in point that will serve to develop the process of funding junior companies and geological exploration in general

10 may 2021

Arkticheskaya Gornaya Kompaniya (AGK, Arctic Mining Company) develops the diamond deposits in the Lena-Anabar diamondiferous sub-province of Yakutia under the ALMAR (Diamonds of the Arctic) brand. This company attracts investments for this project and Rough&Polished asked Andrey Novikov, the company’s Deputy Director General for Commerce, to speak on this.

Stephan Wolzok: When we’re all able to go back to our “normal” lives, then the market will do the same

03 may 2021

Rubel & Ménasché, the well-known Paris-based diamond company, has been supplying the jewelry houses of Place Vendôme with high-end small goods for over 50 years. The company has been granted European Commission “Authorized Economic Operator” (AEO) status by the government of France, which means that it meets EC standards in respect of customs compliance, record-keeping, financial solvency, security, and safety standards. Rubel & Ménasché was one of the first companies to be certified by the Responsible Jewellery Council. Stephan Wolzok, CEO of Rubel & Ménasché, has kindly agreed to answer Rough&Polished's questions.

Advanced Diamond Online Academy - how Branko Deljanin raises awareness among industry professionals

26 april 2021

The intercontinental diamond educational web series, launched by BrankoGems Advanced Diamond Online Academy, premiered on April 9, 2021. A special course, created for diamond professionals, aims to raise awareness among industry players on diamonds, as well as the need to identify diamonds quickly and accurately and enhance their traceability. Rough & Polished spoke with Branko Deljanin, President and Head Gemologist at CGL Canadian Gemlab and founder of Branko Gems to learn more about the Academy's new online initiative and how it can benefit diamond professionals.

Igor Kevchenkov - “The things that will survive us”

19 april 2021

Igor Kevchenkov, Director General of ‘Russkaya Yuvelirnaya Kompaniya (Russian Jewellery Company) No. 1’, one of the seasoned professionals in the jewellery industry due to many years of experience, answered the questions about the state of the Russian jewellery industry in an interview to Rough&Polished. Russkaya Yuvelirnaya Kompaniya No. 1 that comprises the Moscow Jewellery Factory of the same name and the retail chains in Novosibirsk and Moscow manufactures exclusive jewellery pieces and sells them on the Russian market. It specializes in the production of high-standard gold jewellery studded with diamonds and precious stones.

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