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

An opportunity to show your products and occupy your niche

Recently, GOLDNET.MARKET, the first jewellery wholesale marketplace, appeared on the Russian jewellery market. Vladimir Pilyushin, one of the founders of GOLDNET.MARKET, editor-in-chief of the ‘Russkyi Yuvelir’ (Russian Jeweller) magazine...

14 december 2020

AWDC webinar participants expect the diamond jewelry market to return to normal by the end of 2020

30 april 2020

awdc_logo.pngFifty-one percent of the AWDC webinar participants expect the diamond jewelry market to return to normal by the end of 2020. 
They discussed the current diamond market dynamics, needed steps and a glimpse into the future with Edahn Golan. 
The poll also shown the expectations that the market situation will improve by mid-2021.
Asked, if they are planning to spend more or less on marketing, than they did in the past, 60% of participants said that they plan to spend more. Another 38% intend to spend 25% more.
As regards their inventories with polished diamond prices falling, 62% of the event attenders answered that they are planning to sell low to acquire cash flow/liquidity. Thirty-eight percent are ready to hold on to stock and wait for the market to improve.

Alex Shishlo, Editor of the Rough&Polished European Bureau