“With technology all information is immutable and Blockchain cannot be compromised,” reassures Erik Jens, CEO, LuxuryFintech

When Erik A Jens quit ABN AMRO as global CEO of its diamond and jewellery client division, he started his movement called LuxuryFintech, which provides services such as commercial and corporate banking solutions for the art and jewelry sector, and asset-backed...

25 january 2021

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...

18 january 2021

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

Rio Tinto Diamond output dips 10% y-o-y in Q1

20 april 2020

news_06072018_riotinto.pngRio Tinto Diamond has announced that it recovered 3.4 mln carats for the three months ending March 31, a drop of 10% year on year in the first quarter. According to the company, the Argyle mine yielded 2.6 mln carats, a 7% decrease compared to the same period last year.
Rio Tinto has been reducing its output from the site in preparation for its closure in the fourth quarter of the year.
Rio Tinto’s share of production at Diavik mine fell 15% to 857,000 carats, due to the lower grades recovered at the deposit. Rio Tinto owns 60% stake of the Canadian Diavik mine.
Rio Tinto Diamond expects to produce between 12mln to 14 mln carats from its Argyle mine in Australia and its Diavik deposit in Canada during the year.

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