Mining Indaba MD says changes to be seen at this year’s event, focus on core mission
Investing in African Mining Indaba will take place in the resort town of Cape Town, in South Africa early next month.
Jonathan Moore, the managing director of Mining Indaba told Rough & Polished’s Mathew Nyaungwa in an exclusive interview last Friday that the acquisition of the Indaba organiser last July by Euromoney was positive.
He said as a result, there would be some noticeable changes at this year’s event as they seek to re-affirm the core value mission of the Mining Indaba, which was to unite investors, mining companies and African mining ministers to put foreign direct capital to work on the continent.
World diamond market is driven by globalization - Marcel Zalc
Marcel Zalc, a famous Belgian diamantaire having over 35 years in diamond trading under his belt, shared his vision of the state of and prospects for the global diamond market with the Rough&Polished correspondent in Brussels. It is noteworthy that Mr. Zalc was one of the diamantaires, who addressed a complaint to the European Commission in early 2000 regarding De Beers, which, in their opinion, occupied a dominant position in the diamond market in Antwerp and thus violated the EU legislation on free competition.
Russia will develop the ‘Sestroretsk Diamond Pipe’
INREAL, established in the early 1990s, is now a pacemaker in the production of industrial diamond goods and diamond grinding powder, which enjoy brisk demand from a variety of industries, including those manufacturing high-tech products. INREAL gave birth to other two independent entities, which are Nevsky Brilliant and New Diamond Technologies. Nevsky Brilliant is manufacturing polished diamonds from natural rough diamonds of all sizes, while New Diamond Technologies is focused on synthesizing high-quality single diamond crystals. The combination of all the three companies resulted in a holding engaged in waste-free diamond production. Rough&Polished asked Alexander Kolyadin, CEO of INREAL to tell our readers about what is being done by this holding in the field of diamond synthesis.