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

Gem Diamonds recovers 357 ct light brown stone from Letšeng

16 october 2018
Gem Diamonds said it has recovered a 357 carat light brown ‘high quality’ diamond from its 75 percent-owned Letšeng mine in Lesotho.
It said in a brief statement posted on its website Monday that the stone was the 13th diamond of over 100 carats recovered from Letšeng this year.

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                                    Image credit: Gem Diamonds


Gem Diamonds said it has recovered a 138 carat, top white colour Type IIa diamond from the Letšeng mine in Lesotho.
Company chief executive Clifford Elphick said July that the improved recoveries combined with the discovery and subsequent sale of the 910 carat Lesotho Legend for $40 million last March had generated a strong financial performance for the first half.
Gem Diamonds registered record rough tender revenues of $169.2 million from diamonds mined in the first half of its financial year, a 43 percent jump on the second half of 2017.
The average price per carat of diamonds sold during the period leaped 33 percent to $2,742 from $2,061.

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