Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

Today

Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

21 december 2020

Gem & Jewellery sector has to explore newer markets - Colin Shah, vice chairman, GJEPC

04 january 2020

Gem & Jewellery industry is looking for new markets after social unrest in Hong Kong and trade war between the US and China hit the economy, says the Economic Times.
“At this juncture, the trade has to explore newer markets. For cut and polished diamonds countries like Russia, Brazil, UK, Vietnam, Singapore, France, Germany and others can be explored. For gold jewellery countries like UK, France, Qatar, Australia and Thailand are emerging as new destinations,” Colin Shah, vice chairman, Gem and Jewellery Export Promotion Council, was quoted as saying.
He added that the G&J sector has to be transformed and has to change to meet the interests of younger generations.
From April-November 2019 the G&J exports declined by 4.66% year-on-year and the trend is likely to continue in 2020, according to the report.
India, the world's largest diamond cutting center, is one of the largest importers of rough diamonds and an exporter of cut and polished diamonds. 
Previously, it was reported that gross diamond exports from India in November continued to decline year on year. It showed a decline of 25.13% to $1.17 billion compared with $1.56 billion in November 2018.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg