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We expect more consolidation happening and certain companies go out of business - it's a healthy development, where only strong and modern companies can survive - Erik A. Jens, AMRO BANK N.V.

Erik Jens comes with professional experience in banking, financing and investments. He has specialised in private wealth management solutions, investments in hedge funds, private equity and real estate industry. Erik Jens has also held various senior...

25 july 2016

On Optimism, Idiocy and Generic Diamond Promotion

Alex Popov is the Chairman of the World Diamond Mark Foundation (WDMF), which was established over two years ago in Hong Kong. WDMF has rolled out several generic marketing programs for jewelry retailers worldwide and three exclusive marketing programs...

18 july 2016

Eden Rachminov speaks about how to price and how to buy fancy color diamonds

Eden Rachminov, who is the founder and managing partner of Rachminov Diamonds, is considered as one of the world’s leading experts in fancy color diamonds, as well as the most ardent supporter of these gems. Rachminov published ‘The Fancy Color Diamond...

11 july 2016

Tanzanian women break new ground with gemstones value-addition

Having found small-scale mining demanding due to its highly physical nature and use of rudimentary tools, a group of women in Tanzania decided to join hands and start an association that add value to the country’s abundant gemstones. It’s just over a...

04 july 2016

You can’t fake that ‘magic’ of the real thing…

Armed with a degree in ‘Jewellery Designing’ from Central Saint Martins and a Diploma in Diamond Grading from the Gemological Institute of America, young Rachel Boston is a London-based jeweller and designer with a mind of her own and adequate talent...

27 june 2016

Namaqualand Diamond Pits Undergo Major Rehabilitation

07 april 2009

Huge open diamond mining pits are currently being turned into oyster farms and nurseries in a multi-million-rand project that may well turn the diamond wasteland of Namaqualand, South Africa into a tourist attraction, Israelidiamond.co.il reported.
Namaqualand, where 80 years of diamond mining has left much of the coastline littered with deep holes, is currently undergoing extensive rehabilitation.
Giant diamond miner De Beers has agreed to back a plan to restore the pitted landscape. Among the projects is an oyster farm which has already been set up in a converted diamond mine pit near Kleinzee.
De Beers also recently joined forces with the Conservation Africa global environmental group to set up a 32000ha eco-zone in the middle of its diamond mine which was once the largest alluvial diamond-producing area in the world.
The project, which is called Living Edge of Africa Project (Leap), is to serve as a lifeline for the abandoned diamond mining towns of Kleinzee and Koingnaas, which morphed into ghost towns when De Beers retrenched most of its Namaqualand workforce.
Leap’s employment projects will help De Beers to comply with strict new diamond mining regulations pertaining to social labor plans and ecological conservation.
Among the planned projects are sea water greenhouses to produce food and fresh water for local consumption, aquaculture farms, producing oysters, perlemoen and mussels in tanks and water-logged mining pits, wind farms producing renewable energy and more.
The project is the joint brainchild of global conservation group Conservation International and environmental scientist Dr Peter Carrick, who heads the Namaqualand Restoration Initiative at the University of Cape Town.

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