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

Hong Kong jewellery sales decline a huge 47% in August

07 october 2019

The Retail sales in Hong Kong has registered the largest year-on-year decline on record for August. This is attributed to the ongoing pro-democracy protests.
It is reported that all aspects of trade have been hit with the jewellery, watch, clock and valuable gifts category seeing a massive 47 per cent decline in August.
According to media reports, department stores sales fell 30 per cent compared to a year ago with 30-80 per cent of the city's stores closed on October 1 due to city-wide protests that have caused a large decline in tourist numbers and weak local consumption.
The Hong Kong Retail Management Association (HKRMA), predicts the results for September to be worse than August.

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