Expert reports
18.05.2012
Charles Taylor’s Legacy
The guilty verdict against former Liberian president Charles Taylor, handed down on April 26 in The Hague, should send a clear message to Africa’s rogue leaders. But the fact that Taylor was the first African leader to face an international tribunal – and the first head of state to receive such a verdict – is bittersweet for the victims of violence and human rights abuses not only in West Africa, but around the world.
17.05.2012
Nikki Oppenheimer farewell speech at the WDC gala dinner
At the gala dinner of the eight World Diamond Council meeting, a first industry leader, the chairman of De Beers Nicky Oppenheimer was awarded for significant contribution to the diamond industry. WDC President Eli Izhakoff presenting a silver plate with inscription which recognized the De Beers chairman for his many years of dedicated support for the World Diamond Council and the Kimberley Process. In turn, Nikki Oppenheimer delivered a speech.
16.05.2012
Diamond prices seen up in 2012 on sparkling demand
Prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia, the head of the World Diamond Council (WDC) told Reuters on Monday.
Currency rates
1 USD |
= |
30.94 RUR |
1 EUR |
= |
39.39 RUR |
10 CNY |
= |
48.95 RUR |
Stock quotes
| ALRS |  |
MICEX- RTS | 23.925 |
| HWD |  |
NYSE | 11.930 |
| PDL |  |
LON | 136.300 |
News
18.05.2012
Firestone Diamonds mum on closed Botswana mine
Firestone Diamonds has remained silent on when the closed BK11 mine, in Botswana will be re-opened when it recently announced an update on its first quarter operations.
18.05.2012
Namakwa gets higher than expected prices from Lesotho diamonds tender
Namakwa Diamonds said the first sale of diamonds from its Kao mine, in Lesotho realised $6.47 million, with prices 17 per cent higher than initial projections.
18.05.2012
Diamonds Pricier for Indians Dealing in Dollars
Polished diamonds are becoming increasing expensive in India, one of the centers of the global diamond trade, due to the weakness of the local currency, the rupee.
18.05.2012
Moscow Jewellery Factory to Open 10 New Stores in 2012
One of the leaders of the Russian jewellery industry, Moscow Jewellery Factory intends to launch ten new jewellery stores in street-retail segment, in Moscow till the end of 2012.
18.05.2012
Israeli Minister Launches Initiative at Diamond Exchange
On a visit to the Diamond Exchange in Ramat Gan, Israel's Industry, Trade and Labor Minister Shalom Simhon announced the formation of a strategic committee to study the country's diamond industry and worked to increase its activities.
18.05.2012
Estet to Unveil New Jewellery Collection
Jewellery House Estet mulls launching a new jewellery collection named Ariadna.
17.05.2012
ALROSA increased its revenues by 21% in 2011 due to higher prices for diamonds
ALROSA has posted its financial results for 2011 under the IFRS. The diamond miner's proceeds from sales soared by 21% compared to 2010 due to higher prices for diamonds. The company's output went up by 1% to 34.6 million carats.
17.05.2012
Gillian Milovanovic: Reforming is not just something that will begin with us and end with the South Africans
Kimberley Process Chair Gillian Milovanovic in her exclusive interview to Rough&Polished was asked how she saw any further development of the Kimberley Process after the United States chairmanship in this organization would expire to which she said: “Reforming is not just something that will begin with us and end with the South Africans; it is a constant process.”
Exclusive
14.05.2012
Jacques Voorhees: We are the specialty search engine for the jewelry industry
Jacques Voorhees, CEO of Verichannel, and one of the pioneers in online diamond trading, tells Rough&Polished about the search engine for the jewelry industry, their new partnership in China and the China market, and explains what their diamond database has to offer to both the trade and the consumers worldwide.Analytics
Is KP subverting Marange resolutions under U.S. guidance?
The Kimberly Process (KP) chairperson, Gillian Milovanovic of the United States, recently surprised neutrals when she urged Indian diamond dealers to shun Zimbabwe’s Marange diamonds. Her argument was that the gems were still under sanctions for undermining democracy in the southern African country.
April market report
Wisecrackers say that "statistics is an inaccurate science." As for accuracy I do not have any complaints, but I dare say that statistics is an unhurried science. Quarterly data on production, sales, exports and imports in the first three months of the year - in short, all the figures by which you can analyze the state of the industry - are published only in early May. Therefore, the current April report will be a bit more turned to the past. However, you may give an outlook for the future only based on previous experience.
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