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

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...

07 june 2021

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

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...

31 may 2021

GSI's new Jaipur office to specialize in colored gemstones

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...

24 may 2021

“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

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...

17 may 2021

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

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...

10 may 2021

ALROSA reports its May 2021 diamond sales results

11 june 2021

ALROSA reported preliminary rough and polished sales results for May 2021. ALROSA sales of rough and polished diamonds in May totaled $365 million, including proceeds from rough diamond sales of $346 million, and polished diamond sales of $19 million.

Botswana Diamonds’ Thorny River discovery advances towards resource assessment

11 june 2021

The AIM and BSE listed diamond explorer, Botswana Diamonds says it has advanced towards resource assessment at its Thorny River diamond project, in South Africa.

Chow Tai Fook’s profit up by 107% in FY2021

11 june 2021

Chow Tai Fook Jewellery Group’s annual results for the fiscal year 2021 showed the company’s profit grew by 107.7 per cent to $775.83 mn. This was a considerable improvement from a loss of 36.6 per cent in FY2020.

World’s first regulator-approved diamond coin launched

11 june 2021

New diamond coin is pitching itself as an alternative commodity for investors to purchase instead of gold bullion. International Gemological Institute (IGI), which provides grading for gems and jewellery grading, has joined hand with Diamond Standard to launch – Diamond Standard Coin, an investment product which can be traded on the market as a regulated commodity, similar to gold.

Namibia blocks Namdia proposal to appoint a diamond evaluator

10 june 2021

Namibia’s mines ministry has blocked the state-owned Namib Desert Diamonds (Namdia) chief executive Kennedy Hamutenya’s proposal to appoint his sales manager to replace C-Sixty Investment as the company’s diamond valuator.

Lucara unearths 470 ct diamond in Botswana

10 june 2021

Lucara Diamond has recovered a 470 carat top light brown cleavage diamond from its wholly-owned Karowe Diamond Mine, in Botswana. The diamond, measuring 49x42x26mm, was recovered from direct milling of ore sourced from the EM/PK(S) unit of the South Lobe.

Gem Diamonds acquires 20 000 COVID-19 vaccine doses for Lesotho

10 june 2021

Gem Diamonds’ subsidiary, Letšeng Diamonds has donated 20 000 doses of the Johnson & Johnson COVID-19 vaccine to the government of Lesotho.

De Beers considers carbon-neutral diamond mine near Iqaluit

10 june 2021

De Beers has set an ambitious goal to make the Chidliak project its first carbon neutral diamond mine. The project is located on the Hall Peninsula of Baffin Island, approximately 200 kilometres south of Pangnirtung and about 120 kilometres from Iqaluit.

UAE retailer Jawhara Jewellery partners with Forevermark

10 june 2021

Award-winning jewellery retail brand Jawhara Jewellery has announced that it has been appointed as an authorised Forevermark Jeweller in the Middle East.

Ethiopia realises over $500 mln from gold sales

10 june 2021

Ethiopia has raked in $505 million from the gold mining sector in the first 10 months of the current 2020/21 fiscal year, according to the state broadcaster.

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