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...

Today

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

Synthetic diamonds do not inspire jewelers – CEO of De Beers Jewellers

19 july 2019

de_beers_jewellers_logo.pngSynthetic diamonds, unlike natural, do not inspire jewelers to creativity, says François Delage, CEO of De Beers Jewellers.
"A natural diamond with its inherent rarity and pricelessness will always be a jewelry "hero". Jewelers with a worldwide reputation focus their creative energy on the manufacture of jewelry with natural diamonds, because the natural beauty and uniqueness of each stone give them inspiration and individual creative energy that synthetic do not carry," Francetvinfo quotes Delage.
According to De Beers Group, supply of synthetic diamonds is potentially unlimited, but they are different from natural stones, because they do not have an alternative potential. Natural diamonds are used to denote the most valuable emotions and moments of life, because they are valuable in their essence. Synthetic diamonds have no long-term value and therefore are not used for similar purposes, the company said.
It notes that the lessons learned from the trade in synthetic rubies, emeralds and sapphires have shown that when the production of synthetic versions was increasing, the value of man-made stones was dropping while the value of natural gems continued to grow.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished