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

Chinese companies show more interest in emeralds

09 october 2019
news_01102018_gemfields.pngAt Gemfields’ commercial emerald auction this September in Lusaka, the first Chinese customer, Lok Chen of Cai Bao Cheng successfully won a schedule and purchased 117,500 carats of large emeralds greater than 31mm in size.
The company will cut and polish them at their factory in Shenzhen. The finished pieces are destined for the Chinese domestic market, either via a wholesaler or jewellery company.
According to reports, Cai Bao Cheng is the first company to demonstrate the trend of increasing interest in Zambian emeralds coming from China. Lok Chen remarked at the auction that they were very impressed by Gemfields’ reliable grading system, their generous and consistent supply of gemstones and their fair auction process.
With more Chinese companies showing interest in participating in auctions, and Chinese consumers yearning for a more contemporary green gemstone to update the traditional jade, Cai Bao Cheng’s newly cut and polished Zambian emeralds could well be the first of many Gemfields’ gemstones to excite the Chinese domestic market.

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