Ali Pastorini: Precious stones are still a good investment

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mubri, an association that brings together more than 2,000 women and men working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain, Italy...

05 december 2022

Lab-grown diamond jewellery sales to breach the 10% mark for the first time this year – Zimnisky

The supply and demand for man-made diamonds had been on an increase in recent years, much to the discomfort of the natural diamonds industry. Some companies in the mid-stream segment of the natural diamond industry are now involved in the lab-grown business...

28 november 2022

Diamond mining and diamond synthesis: Which is more efficient?

Vladislav Zhdanov - Professor at the National Research University Higher School of Economics and former Vice President of ALROSA (2015-2018). He is a physicist by profession. Vladislav Zhdanov was educated at the Ural Federal University (General...

21 november 2022

The success of TAGS over the past 5 years has encouraged many large tender houses to establish regular and sizeable tender operations in Dubai

Mike Aggett is an experienced Private Consultant with a demonstrated history of working in the mining and metals industry. Skilled in Luxury Goods, Business Planning, Sales, Gemology, and Jewelry, Mike is a professional who graduated from Dover College...

14 november 2022

It all starts with stones - it is they that give impetus, determine the image and embodiment

Maxim Selikhov is the founder of the SelikhoV Diamonds brand launched in 2006, and the company manufactures unique handmade jewellery with rare high-quality gemstones. He is also known as a collector of unique and large-size jewellery stones who considers...

07 november 2022

Angola rakes in $1.3bn from diamond sales

19 february 2020

angola_flag.pngAngola earned about 1.3 billion from just over 9.44 million carats of diamonds sold in 2019, according to news reports.
The Secretary of State for Geology and Mines, Jânio Correia Victor was quoted by Macauhub as saying that Angola recorded an annual growth of 12.3% in diamond output and 6.2% in revenue.
He said the revenue growth was less expected as prices on international markets eased by more or less than 10%.
Victor said Angola produced 3 million carats in the fourth quarter of 2019, which were sold at an average price of US$136.40 per carat, providing revenue of $409.77 million.
He said Angola is projecting an output of 14 million carats in 2020.

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