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

Dominion Diamond revenues soared 50% in Q3 2015 financial year

15 december 2014

Dominion Diamond Corporation reports Q3 results of the Fiscal 2015 that ended October 31, 2014. Consolidated sales from continuing operations were $222.3 million for the quarter, compared to $148.1 million for the comparable quarter of the prior year.
During the third quarter, the Company recorded sales from the Diavik Diamond Mine of $80.4 million, compared to $52.9 million in the comparable quarter of the prior year. The Company sold approximately 0.7 million carats from the Diavik Diamond Mine for an average price per carat of $116.
During the third quarter, the Company recorded sales from the Ekati Diamond Mine of $141.9 million, compared to $95.2 million for the comparable period of the prior year. The Company sold approximately 0.5 million carats from the Ekati Diamond Mine for an average price per carat of $310, compared to 0.4 million carats in the comparable quarter of the prior year.
Brendan Bell, Acting Chief Executive Officer stated: "While we continue to focus on the strategic development of our future resources, we are also taking a very disciplined approach to executing on our current mine plan. This disciplined approach is apparent in these strong results."
The retail jewelry market in the United States continued its growth and was the focus of activity for the bulk of the Company's clients and expectations for the Christmas season are favourable.

Olga Patseva, Editor in Chief of the American Bureau, Rough&Polished