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

De Beers gives buyers additional flexibility as it expands digital selling presence

11 may 2020

de_beers_group_logo.pngDe Beers’ Group Auctions has introduced a new selling proposition known as the Buy Platform, which will give its registered buyers access to diamond purchases at any time in light of the current COVID-19 situation. 
The new selling proposition, it said, is an e-commerce offering where registered buyers can make an immediate, direct and straightforward purchase from a range of rough diamonds at any time and from anywhere, providing them with a further purchase option in addition to the existing limited-time auctions offering. 
“We are constantly seeking additional ways of meeting our customers’ needs in a fast-moving world, and we are excited to launch the Buy Platform as it will provide an additional easy-to-access channel for our registered buyers to source what they want and when they want,” said De Beers’ Group Auctions head of product development and sales, Alastair Bickerstaff.
The group had previously reduced the flow of diamonds downstream as most of its mines suspended production to prepare for the coronavirus and are now operating or preparing to operate at far lower levels than normal. 
It also cancelled Sight 3, provided its Sightholders with 100% flexibility to defer their purchases.
It has also cut its production forecast this year by seven million carats than initially planned.

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