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

Mumbai’s BMC closes MDMA’s trading hall in BDB

20 march 2020

The Brihanmumbai Municipal Corporation (BMC) closed down the diamond trading hall of Mumbai Diamond Merchants Association (MDMA) at the Bharat Diamond Bourse (BDB) in Mumbai on Thursday 19 March ’20, according to TOI.
The MDMA hall has been shut down by the Maharashtra police as a precautionary measure in wake of the rising coronavirus cases in Mumbai.
The trading activity has been suspended until further notice. There will be no trading of diamonds until further notice. The decision was taken by the BMC to prevent the diamond traders from gathering in large numbers at the hall.
According to sources, this will impact diamond trading in Surat’s diamond markets. The diamonds are sent to BDB for trading and dispatch to the foreign countries. The diamond merchants in Mumbai won’t be able to trade diamonds which in turn will impact Surat traders also.

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