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.African Consolidated Resources (ACR), the junior diamond mining company at odds with Zimbabwe over Marange diamond claims, reportedly filed a court action against mines minister Obert Mpofu for allowing the sale of rough diamonds, according to RAPAPORT. ACR has claimed all along that it rightfully owns mining claims in the Chiadzwa diamond fields, and that the Zimabwe Supreme Court ordered that no rough sales would take place until the ownership issue was resolved.
Mpofu permitted Mbada Diamonds and Canadile Resources to mine and process rough from Chiadzwa and following Kimberley Process approval to sell rough diamonds, the first sale was held in August. ACR claimed that Mpofu violated the Supreme Court order from earlier this year.
ACR wants Mpofu to face High Court action for allowing rough sales. ACR also wants the High Court to throw out the appeal made by Mpofu, over Chiadzwa's legal ownership.
"As a government minister he has a legal and moral duty to see to it that orders of (the High Court) and of the Supreme Court are obeyed and see to it that the integrity of (the courts) is protected, by not openly and publicly acting in defiance of a court order," according to the argument filed by ACR's legal team.
Rough&Polished
Register
Sign in