Demand for large lab-grown polished diamonds will grow in high-income countries

Anastasia Shramko is an expert in precious stones, rough and polished diamond market, and an analyst. She is an author of the course “Lab-Grown Diamonds: Gemology and the Market” conducted on the site and in collaboration with the GemAcademia (International...

23 may 2022

Waiting for Godot?: Botswana Diamonds awaits Zim kimberlite concessions application outcome

Diamond explorer, Botswana Diamonds applied for kimberlite concessions in the Northwest of Zimbabwe in late 2020. Company managing director James Campbell told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that they are still waiting for...

16 may 2022

“The demand far exceeds the supply,” says Dev Shetty, Founder-President & CEO of Fura Gems

In 2017, after a decade as chief operating officer and board member at Gemfields a coloured gemstone mining company, Dev Shetty took the courageous step of starting, from scratch, a mining company. He named it FURA Gems. Today, it is one of the largest...

09 may 2022

Igor Kulichik: The diamond market is now in the initial phase of turbulence

Igor Kulichik is a well-known expert in the diamond market. He has worked in the diamond industry for 20 years: he was CFO of ALROSA from 2002 to 2017, and a member of the Board of Directors of AGD Diamonds from 2018 to 2022. He is also a member of the...

02 may 2022

There is a classic phrase: “Art is an Ambassador of Peace.” And this is true

Chief Expert of the Gokhran (State Valuables Depository) of Russia Veronika Voldaeva, Art History Ph.D., Honored Worker of Culture of the Russian Federation, author and compiler of the decorative and applied section of the Gokhran’s collection...

25 april 2022

Improved global demand lifts Namibia diamond production index

24 january 2022
Improved global demand has helped bolster Namibia’s Diamond Production Index, which rose by 5.4% in November 2021, according to media reports.
New Era quoted Namibia Statistics Agency (NSA) as saying that the November jump was compared to marginal growth of 1.6% in October 2021. 
It said the index also leapt by 3.3% on an annual basis.
“The increase registered on a monthly basis in the production of diamonds was mainly due to an increase in the global demand,” said NSA in a report.
It said Namibia produced 148,165 carats in November 2021 from the previous month’s 140,565 carats.
Diamond mining in Namibia is dominated by De Beers, which operates in partnership with the government.
De Beers said last October that Namibia production increased by 65% to 400 000 carats in the third quarter from 242 000 carats, a year earlier.
The increase reflected the suspension of the marine fleet in the third quarter of 2020, as part of the response to lower demand at that time.

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