Pandora’s endorsement of lab-grown stones will not devalue natural diamonds – Zimnisky

Jewellery retailer Pandora recently announced that it will no longer purchase natural diamonds as it had switched to lab-grown diamonds. However, diamond market analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that...

07 june 2021

“The volume of Forevermark diamonds that we drive through Indian partners is much higher than in other parts of the world,” says Sachin Jain

Sachin Jain has been a part of the Indian arm of De Beers that dates back to 2010 when he came on board as Head of Retail. In year 2014 he took over as President of Forevermark and today he is the Managing Director of De Beers, India. His single-minded...

31 may 2021

GSI's new Jaipur office to specialize in colored gemstones

Gemological Science International (GSI) has opened a new laboratory in Jaipur, India. Since this state is the capital of colored gemstones, the laboratory will have a dedicated division specializing in colored gemstone geographical origin and...

24 may 2021

“We welcome the mandatory hallmarking in the interest of consumers, but it is also essential to have proper and evenly spread infrastructure across India,” asserts Ashish Pethe, Chairman, GJC

Ashish Pethe, Chairman of All India Gem and Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF) is based in Mumbai. As the third-generation heir of M/s Waman Hari Pethe Jewellers established...

17 may 2021

ALMAR is a case in point that will serve to develop the process of funding junior companies and geological exploration in general

Arkticheskaya Gornaya Kompaniya (AGK, Arctic Mining Company) develops the diamond deposits in the Lena-Anabar diamondiferous sub-province of Yakutia under the ALMAR (Diamonds of the Arctic) brand. This company attracts investments for...

10 may 2021

De Beers leads ESG Q1 ranking of global miners

03 may 2021
De Beers has overtaken gold giant Newmont to lead the environmental, social and corporate governance (ESG) ranking of global miners in the first quarter of the year.
The Anglo American unit jumped to the pole position due to an increased focus on equality and sustainability.
Mining Weekly reports that De Beers scored the highest in London-based Alva's quarterly rating of environmental, social and governance perceptions.
South Africa's platinum miner Sibanye-Stillwater was ranked second as it showed the biggest improvement from the previous quarter.
The improvement in rankings was due to the company's partnership with Johnson Matthey to find more efficient uses of critical metals used in batteries.
Vale SA was ranked the least despite reaching a settlement with Brazilian authorities over a 2019 dam disaster. 
"[Vale's result] is a combination of greater visibility around the original negative story and then dissenting voices on the settlement itself," Alva co-founder and chief strategy officer Alastair Pickering was quoted as saying.
The ESG criteria are being used to assess companies' non-financial performance and investors are increasingly backing companies planning for a future where sustainability and ethical impact are central to survival.

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