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“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Diamond exploration junior obtained conclusive proof of diamond-bearing kimberlites in Russia’s North

OOO Proex Service, which is searching for diamonds in the Arkhangelsk Region of Russia, discovered seven kimberlite pipes in the Kozolsky license area having spent 15 months for the find. One of the pipes is very similar to the highly diamondiferous...

11 september 2017

People do not just make fun in the social media, they make purchases there

Oksana Senatorova has been famous in the jewellery world for a long time as a publisher of the ‘Navigator in the Jewellery Trade’ journal, organizer of the international contest ‘The Best Jewellery Store of the Year’, curator of professional events and...

04 september 2017

‘There is no illegal tanzanite mining in Tanzania’

Richland Resources, which wholly-owned TanzaniteOne until the Tanzanian government forced it to relinquish half of its stake to the State Mining Corporation (STAMICO), exited the country in 2015 to focus on its operations in Australia. The formalisation...

28 august 2017

David Block: “Intellectual property theft is not just Sarine's problem...whole industry should combat this phenomenon.”

For more than 15 years, David Block served in various senior positions at Sarine Technologies in Israel and India. From 2012 until his appointment as CEO in 2017, Block was Sarine's Deputy CEO and Chief Operating Officer, with responsibility for...

21 august 2017

Conflict diamonds: Global Witness calls for due diligence when trading with CAR

14 july 2017
Global Witness said diamond companies should exercise caution when trading with the Central African Republic (CAR) to prevent conflict diamonds from entering the international market.
The non-governmental organization released a report last month, which alleged that dealers were smuggling rough diamonds out of CAR using social media.
However, the country’s mining minister, Leopold Mboli Fatran, refuted Global Witness’ claims of illegal diamond trading in the country.
Rapaport reports that Global Witness had fired back.
“A responsible diamond trade can only be built with the commitment and resources of the entire sector,” it was quoted as saying.
“This includes international companies profiting from the trade in diamonds. These companies have a clear responsibility and wield genuine influence, but their due diligence efforts continue to fall well short of international standards.”
Global Witness also said that the CAR government had expressed “willingness to engage” on the issues raised in their report.
CAR was the world’s tenth-biggest diamond producer by value in 2012, according to Bloomberg citing the US Geological Survey.
The internecine conflict broke out in CAR in 2013 when Muslim Seleka rebels seized power from President Francois Bozize, causing retaliations by "anti-balaka" Christian militias.
Diamonds were used to fund operations of the warring groups, a move that forced the Kimberley Process to ban the export of diamonds from the landlocked country.
However, the diamond watchdog partially lifted the ban last year.

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

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