Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

World’s biggest 1404 ct blue star sapphire found in Sri Lanka

11 january 2016
A 1404.49 ct blue star sapphire, said to be the world’s largest, has been discovered in Sri Lanka, according to media reports. The Gemmological Institute of Colombo, which has certified the stone also confirmed that it has never certified a bigger blue star sapphire till date. According to a Sri Lankan businessman, the stone was out for sale for $5 million initially, but as word spread about the sapphire, the value quickly shot up to the current $170 million.
The current owner said that he decided to buy it as soon as he saw it as he believed it would be the world’s largest blue star sapphire, a fact later confirmed after it was certified. He has named the new gem, which was mined in the city of Ratnapura in southern Sri Lanka as ‘Star of Adam’.
Some media reports suggest that he has indicated that it was too rare a gemstone to be used in jewellery and should, instead, be preserved in a museum.
Blue sapphires constitute a large part of Sri Lanka’s gemstone exports. Their popularity reportedly surged after Prince William presented Kate Middleton with an engagement ring that contained a prominent large blue sapphire.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished