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

Angola rakes in $601 mln from H1 diamond sales

08 august 2019

Angola has raked in $601.4 million from 4.1 million carats sold in the first half of 2019, according to local reports citing data from the national diamond trading company of Angola, SODIAM.
The volume of diamonds sold during the period under consideration eased 4,2% compared to the same period, a year earlier.
Secretary of State for Mines Jânio Correia Victor said the decline was caused by Catoca, which failed to offer its diamonds during the month of April for sell due to operational reasons.
However, revenue jumped 3,9% compared to the first half of 2018.
Angola produced 9.4 million carats worth $1.2 billion in 2018.
The country intends to extend its annual production to 14 million carats.

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