In July 2007, the Namibian arm of Diamond Trading Company announced competitive selection among the country’s diamond cutting factories to be included into the first list of NDTC sightholders. At that time, Hard Stone Processing (Pty) Ltd (HSP) was already working in Namibia as an independent manufacturer and its factory successfully occupied a strong position among the leading sightholders turning into one of the three top diamond cutting companies in Namibia. Its CEO Burhan Seber gave this interview to Rough&Polished.
Botswana diamond miner, Debswana recently said that the temporary dip in diamond prices will likely see the company producing just below its target of 25 million carats for 2011. However, Esther Kanaimba-Senai, the Group’s Manager for Corporate and Public Affairs, told Rough&Polished in an interview that Debswana was not in trouble.
Malca-Amit is a full service courier company with a 21 year record of providing the highest quality personalised service and the most efficient logistic solutions for diamonds, jewelry, gold, coins, bank notes, and valuable documents. Our correspondent in Brussels caught up with Nigel Paxman, CEO of the Malca-Amit Group of Companies, to find out more about this company.Zimbabwe produced 963 000 carats of diamonds last year worth over 20 million USD, according to reports.
Diamond News reported without revealing its source that the Zimbabwean diamonds averaged a price of 21.20 USD per carat.
The report also noted that the southern African nation imported over 1,000 carats of diamonds in 2009 and exported 1.35 million carats of diamonds worth nearly 29 million USD the same year.
Zimbabwe’s finance minister Tendai Biti recently announced that over 4.4 million carats were produced since the beginning of the year to May 2010 from the country’s four diamond mines, which includes Mbada, Canadile, Murowa and River Ranch.
The Kimberley Process Diamond Certification Scheme also reached a deal with the Zimbabwean government this month that would see the southern African country export a limited number of diamonds produced since May 28 in two sites at the controversial Marange resource.
The deal was expected to pave the way for reinforced oversight of diamond production in the country.
Mathew Nyaungwa, Rough&Polished from Namibia
Rough&Polished
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