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

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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

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14 december 2020

Diamonds to play unique role in people’s lives in post-lockdown world – De Beers

16 june 2020

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Image credit: De Beers


Although consumer confidence and spending has weakened in the United States due to Covid-19, diamonds will have a unique role to play in people’s lives in a post-lockdown world as they seek to celebrate their most meaningful relationships, according to a study carried out by De Beers.
The findings are the first in a series of Diamond Insight ‘Flash’ Reports that De Beers will publish to share insights regarding the evolving consumer perspective and what it means for diamonds as the world passes through the stages of the COVID-19 crisis.
Diamonds were seen as the top gift for symbolising intimacy, connectedness and love among both men and women, with the primary desire for purchasing being a reflection of gratitude and acknowledgement during the current crisis.
“While it will take some time for the market to recover fully, we hope these insights will assist large and independent jewellery retailers alike to understand the evolving consumer perspective as we move through and emerge from the crisis,” said De Beers chief executive Bruce Cleaver.
The COVID-19 crisis and associated lockdowns had caused people all around the world to re-evaluate aspects of what’s important in their lives and have reinforced the value of personal relationships, he said.

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