New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...


The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

At IDE, we encourage innovation throughout the bourse and have even opened a technological incubator to host start-ups - Yoram Dvash

A first generation diamantaire, Yoram Dvash founded ‘Y Dvash Diamonds Ltd’ in 1991 in Israel. While the company grew and made progress under his leadership, Dvash joined industry organizations such as the Israel Diamond Manufacturers Association (IsDMA)...

09 january 2019

Cooperation and collaboration are the development trend of today

Pavel Grankin runs the Slava Group of companies and holds the Slava trademark (‘Slava’ means ‘Glory’ in Russian). He has graduated from the Mozhaisky Military Space Academy. He did his military service at the Plesetsk Сosmodrome from 1987 to...

04 january 2019

De Beers speaks on Zim invitation to explore for diamonds again

De Beers’ exploration team landed in Zimbabwe in 1993 and left in 2006, however, they first prospected for diamonds in Marange in the late 1990s. Harare, under the leadership of the then president Robert Mugabe, alleged that De Beers looted diamonds...

24 december 2018

Russian company sets a new world record producing a polished lab-grown diamond weighing 20.22 carats

14 january 2019
Russia’s New Diamond Technology based in St. Petersburg prepared another world record breaking surprise for the New Year in manufacturing especially large polished diamonds from lab-grown rough produced by the HPHT method. New Diamond Technology’s President Tamazi Khikhinashvili and its CEO Alexander Kolyadin told Rough&Polished that their company had used a diamond crystal type Ib weighing 55.94 carats to manufacture a cushion-cut polished diamond weighing 20.22 carats of Fancy Vivid Orange color and VS2 clarity. The diamond was named "Empress Elizabeth" after Russia’s most beautiful female monarch. 

Image credit: New Diamond Technology

The previous record set in 2016 also belonged to New Diamond Technology, which made a cushion-cut white diamond of G color and SI2 clarity weighing 15.32 carats.

Image credit: New Diamond Technology

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg