The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

19 august 2019

The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

Firestone recovers 70 ct diamond at Liqhobong

13 february 2019

Firestone Diamonds has recovered a 70 carat white, makeable diamond from its 75 percent-owned Liqhobong Mine in Lesotho.
The stone was recovered undamaged and would go on sale at the next tender which was scheduled to take place next month, the company said. 

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Image credit: Firestone Diamonds


"The 70 carat stone was recovered in the northern, low grade part of the pit where the bulk of our mining will take place in the coming months,” said Firestone chief executive Paul Bosma.
“Although the market for the smaller stones has been under pressure, we've seen continued demand and good prices realised for special stones."
The company recovered a 46 carat gem diamond last December and it was sold for more than $1 million. 

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