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...

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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

India’s polished diamond exports down 6% y-o-y in January

20 february 2020

india_flag.pngIndia’s exports of cut and polished diamonds declined by 5.67% during January 2020 registering $ 1.65 bln, against $ 1.75 bln during January 2019, according to the provisional data released by The Gem & Jewellery Export Promotion Council of India (GJEPC).
Rough diamond imports, too, dipped during January, dropping by 11.02% to $ 763.09 mln as compared to $ 857.60 mln imported during January 2019. In volume terms, however, rough imports rose by 22.82% from 8.36 mn carats during January 2019 to 10.28 mn carats in January 2020.
Imports of cut and polished diamonds rose to $ 160.29 mln in January 2020 from $ 86.32 mln in January 2019.
Exports of rough diamonds totalled $ 74.46 mln in January 2020 as compared to $ 101.61 mln a year earlier, with volumes at 2.16 mn cts, down from 3.21 mln cts a year earlier. 
Exports of polished lab-grown diamonds stood at $ 44.10 mln during the month as against $ 20.87 mln a year earlier, while imports of polished lab-grown diamonds declined to $ 12.48 mln in January 2020 as compared to $ 20.38 mn a year earlier.
Imports of rough lab-grown diamonds stood at $ 42.43 mln during January 2020, up from $ 14.44 mln during January 2019. For the first nine months of the current fiscal, polished diamond exports during April ’19 – January 2020 were down 16.80% to $ 16.32 bln as against the $ 19.61 bln exported over the same months in 2019.
Imports of polished diamonds rose by 8.94% to $ 1.22 bln as compared to $ 1.12 bln for the same period of the previous year fiscal year.
During April ’19 – January 2020, import of rough diamonds showed a decline of 15.54% to $ 10.92 bln from $ 12.93 bln a year earlier. In volume terms, imports fell by 5.62% from 134.66 mn cts in April ’19 -Jan 2019 to 127.10 mln cts in the same period in the current fiscal.
Exports of rough diamonds totalled $ 955.36 mln in April ’19 – Jan ’20 as compared to $ 1,031.45 mn in the same period a year earlier.
Meanwhile, exports of rough lab-grown diamonds stood at $ 7.12 mln in April 2019 – January 2020 as against $ 11.27 mln in the same period a year earlier. Exports of polished lab-grown diamonds stood at $ 356.16 mln during the April ’19 – January 2020 as against $ 172.09 mln in the same period a year earlier.
Imports of rough lab-grown diamonds stood at $ 293.13 mln during April 2019 – January 2020, up from imports of $ 114.26 mln a year ago, while imports of polished lab-grown diamonds rose to $ 86.47 mln in April 2019 – January 2020 as compared to $ 72.93 mln during the same period a year earlier.

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