The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.


Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

Priceless diamonds stolen in Dresden state museum

26 november 2019

Three diamond jewellery sets from one of Europe's largest treasure collections - the Dresden Green Vault in eastern Germany - were stolen on Monday morning, BBC reported.
"Three out of 10 diamond sets have gone," Marion Ackermann, head of the Dresden state museums, was quoted as saying. 
As per the report, the missing sets also included some rubies, emeralds and sapphires. 
According to the official date, the stolen sets might be worth €1bn.
To get into the building the thieves removed part of an iron grille on a ground-floor window, then smashed the glass.
After examining CCTV footage, the police said that there are two suspects. But more people might have been involved in the robbery.
The most valuable items are in the palace's historic section on the ground floor.
It includes about 3,000 items of jewellery and other treasures decorated with gold, silver, ivory and pearl, such as a figure of a moor studded with emeralds and a 648-carat sapphire - a royal gift from Russia's Tsar Peter the Great.
Saxony's ruler, Augustus the Strong, created the collection in 1723 in one of the world's oldest museums.
One of the most valuable jewels is a 41-carat green diamond currently on show in New York.

Alex Shishlo, Editor of the Rough&Polished European Bureau