Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Russian Ministry of Finance will not buy diamonds from ALROSA

25 march 2021
The Russian Ministry of Finance does not intend to buy rough diamonds from ALROSA, since there is no need for this taking into account the market movement, said RIA Novosti/Prime citing Deputy Finance Minister Alexey Moiseev, who told this to reporters on the sidelines of the State Duma.
Alexey Moiseev explained that the rough diamond market showed very strong growth in the last two quarters and its dynamics are now exceptionally good. According to him, this does not mean that "there will never be purchases," and it is just that there are no prerequisites for this now, but nobody knows how the situation will develop in the future.
The Deputy Minister recalled that the purchasing issue started to be discussed when “diamond sales in the second quarter of last year were reduced to zero.” Noting then that the market was recovering since the end of the third quarter of last year and the next two quarters were good, Alexey Moiseev concluded that currently there is no need to buy diamonds from ALROSA.

Vladimir Malakhov, Rough&Polished