Demand will pick up once the season starts

N Anantha Padmanaban took charge as the Chairman of the All India Gem & Jewellery Domestic Council (GJC) in January 2019. He has immense hopes and confidence in the Indian jewellery sector. His motto is to ‘ensure that after the day’s business...

14 october 2019

Prospects for discovering new diamond deposits in the Arkhangelsk Province are far from exhausted

ALMAZINTECH is engaged in technical auditing and comprehensive assessment of activities performed by exploration, diamond mining and gold mining businesses in Russia and other countries, as well as carries out research and development. It employs highly...

07 october 2019

Botswana Diamonds eyes expansion of Thorny River to include Marsfontein – Campbell

Botswana Diamonds, which has a 40% stake in Thorny River, through Vutomi, said there are plans to expand the project located in South Africa to include Marsfontein once a mining permit for the latter has been awarded. Company managing director James...

30 september 2019

Diamond knife and tender system: The tight-fisted paying twice?

LLC Kristalin is the only company in Russia that manufactures microsurgical diamond blades for domestic healthcare that meet international requirements and are used in ophthalmology, neurosurgery and plastic surgery. Mikhail Zhiltsov, the company’s Deputy...

23 september 2019

Didier Giard: Stiff competition among the diamantaires is one of the factors of the price war

On September 9, 2019, the French Association of Gemmology (l’Association Française de Gemmologie, AFG) held its regular Paris Gemmological Rendez-Vous. Its organizer, Didier Giar, the head of the AFG kindly agreed to answer questions from Rough&Polished...

16 september 2019

China’s young customers now take an interest in lab-grown diamonds

07 october 2019

While a section of the press claims that Chinese millennials are the major buyers of high-end real diamond jewellery in the country, the other section claims otherwise.
As the cost of the lab diamonds has declined by up to 90 per cent in the last 10 years, a report says that it’s not mined gemstones but the young customers in China are taking interest in lab-grown diamonds, which sparkle and shine like a real diamond.
The cheaper alternatives to mined gemstones are reportedly becoming popular among young customers. So much so, the lab-grown diamonds have started to shake up the $87 bln consumer market.
The report mentioned Li Zheng, research manager at Leadleo Research Institute, a market research provider, who said that the cost of making a lab diamond is about 30 pc lower than the cost involved in mining a gem of similar size and quality.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished