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

China’s Panyu to host International Laboratory-Grown Diamond Industry Development and Innovation Congress this May

13 may 2022
Panyu, an urban district of the prefecture-level city of Guangzhou in China will welcome the First China International Laboratory-Grown Diamond Industry Development and Innovation Congress (LGD-IDIC) to be held on May 18-19, 2022. The Congress is organized by the Guangzhou Diamond Exchange (GZDE) and will be focused on sustainability, new opportunities, and building an ecosystem for the laboratory-grown diamond industry in the country.
As a major producer of laboratory-grown diamonds (LGD), China contributes more than half of the world's LGD output and has a strong competitive advantage in the production end. At present, however, the LGD products are mainly exported, while domestic LGD diamond manufacturing, trade and retail have not yet achieved an industrial scale. Lately, this has become a concern of China’s LGD industry now intent on leveraging the production capacity and the potential of domestic consumer market to promote sustainable development.
The LGD-IDIC aims to promote close cooperation among the industry and take the initiative to foster stable, growing and sustainable long-term demand for the industry. With this in mind, the Congress will include such events as Think Tank Forums, Exhibitions and Trading Events, Industry Awards, as well as a Jewellery & Accessory Design Competition thus bringing together international LGD industry stakeholders to exchange views and experience.