If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

“We'll only work with mines and suppliers that can prove full and unquestionable traceability”, assures David Zabinsky, CEO, TRIGEM

Armed with a Bachelor of Science in Government & Legal Studies, and Spanish from Bowdoin College (Maine, USA), a multi-faceted professional, David Zabinsky has both international public and private sector experience, most recently managing an...

06 november 2018

The diamond market sentiment is cautious at the moment, especially in Europe

Born in Switzerland, Angelika Mavridou relocated to Thessaloniki (Greece) with her family, only to establish her own business JEWELLS GALLERY LTD, which was later transformed to S.A. Prior to venturing into her own business, she studied Gemology...

29 october 2018

Zimnisky talks about pink diamonds, De Beers’ Lightbox

An independent diamond industry analyst and consultant said although exceptional and ‘one-off’ diamonds are hard to assign a value to them, the Pink Legacy will likely fetch $2.64 million per carat when it goes under the hammer next month in Geneva...

22 october 2018

An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

15 october 2018

Lucapa Diamond CEO perceives good start for rough diamond market in 2018

22 february 2018
The rough diamond market has this year started off “very well” as high demand has seen prices go up in January, according to Lucapa Diamond chief executive Stephen Wetherall.
De Beers’ rough diamond sales for the first sales cycle of 2018 was provisionally capped at $665-million, while Alrosa sold rough diamonds for $499-million in January.
“I think if you look at the sales of other producers they are also quite upbeat of what they have achieved, so I think as we normally expect in a diamond industry, we see January and February being stronger pricing environments and demand environments,” he told Rough & Polished earlier this month.
“So I think the year started off the same way, it always does very, very strongly.”
Wetherall also said, although it was hard to predict the future of a diamond market due to its volatility, he was anticipating the high-end diamond market to remain stable by the end of the year.
He, however, said that the low-end diamond market had been under pressure.
“It just seems to be with regards to the stocking environment [and] when there seems to be a low stock you get demand from the Indian diamantaires and that pulls the prices back up,” he said.
“But as you know we are operating in the high-end it’s been pretty robust, demand is very, very good so we haven’t seen that much pricing pressure.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished