Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

Yesterday

Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

20 january 2020

Today’s customer needs an offer of something unique that others do not have

Oksana Senatorova is the publisher of the Jewelry Trade Navigator magazine and the founder of the Jewellery Business Academy.
She graduated from I. M. Sechenov Medical Academy and the Faculty of Psychology of Lomonosov Moscow State University...

09 january 2020

Inventories accumulated by De Beers, ALROSA to put ceiling on prices near-term even if demand substantially picks up – Zimnisky

As we are in the last month of 2019, it is prudent to examine what the diamond industry went through and the possible trajectory in the upcoming year. Industry expert, Paul Zimnisky spoke with Rough & Polished’s Mathew Nyaungwa to discuss this and other...

30 december 2019

Empowering customers and engaging more with our stakeholders is the new Mission

The unassuming Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports Pvt Ltd (SRK) is not just an ace businessman but a noted philanthropist. He has contributed immensely to social welfare with special focus on education … a noteworthy...

23 december 2019

Angola diamond output drops as sales grow in 2019

16 january 2020

angola_flag.pngAngola produced 9.086 million carats in 2019 from industrial operations, a drop of 4.8% when compared to the previous year due to the closure of a diamond mine.
However, the annual output was 9.121 million carats with semi-industrial production, according to Endiama president Ganga Júnior.
He was quoted by Macauhub as saying that the semi-industrial diamond sector produced 35,856 carats of diamonds last year.
The industrial sector sold 9.114 million carats at an average price of $138.58 per carat compared to $168.45 per carat in 2018, which translates to a 7% drop in price.
Júnior said when combined, the industrial and semi-industrial diamond sectors, sold 9.149 million carats, in 2019.
The diamond sales reached $1.263 billion in 2019, an additional $34.7 million compared with the previous year’s earnings.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished