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15.12.2014
Demand for diamonds in the world is very high – AWDC
margaux_donckier_preview.jpgMargaux Donckier, spokesperson of the Antwerp World Diamond Center, told about the main trends in the diamond market in her interview to Rough&Polished.

08.12.2014
Our goal is to create a think tank, which will come up with ideas how to reach outside our closed circuit and bring people the message about diamonds, tell why they should buy them
alex_popov_x.jpgThe World Diamond Mark® Foundation (WDMF) in a non-for-profit organization founded in 2012 by the World Federation of Diamond Bourses whose goal is to increase consumer demand for diamonds and enhance the trust in them. To reach this goal, the WDMF is engaged in generic marketing programmes, raises public awareness of diamonds, educates retailers and conducts attestation of the Authorised Diamond Dealers® (ADD). The Foundation’s Chairman and CEO, Alex Popov gave this interview to Rough&Polished on the eve of the inaugural World Diamond Conference to be held in New Delhi.

01.12.2014
We fully support Zimbabwe organizing tenders at home – AWDC boss
ari_epstein_preview.jpgThe Antwerp World Diamond Centre (AWDC) said it fully supports Zimbabwe organising local tenders and was “proud” to participate through the tender organizer it proposed – First Element. Zimbabwe’s first local diamond tender attracted about 400 buyers and 133 companies. AWDC chief executive Ari Epstein told Rough & Polished’s Mathew Nyaungwa on the sidelines of the second edition of the Zimbabwe Diamond Conference that their relationship with Zimbabwe had not been strained with the seizure of the country’s goods worth about $45 million in Belgium. Epstein also praised Zimbabwe for opting a transparent tendering system through Antwerp that brings more confidence to the local diamond industry.





Botswana should offload its stake in De Beers – diamond analyst

17.11.2011

A well-known diamond industry analyst has urged Botswana not to consider upping its stake in De Beers but rather offload its current 15 percent shareholding or bundle it into a holding company.
Botswana government had up to 12 months to decide whether to use an option of increasing its stake in De Beers from the present 15 percent to 25 percent following the Oppenheimers’ decision to sell its 40 percent stake to Anglo-American.
Mmegi quoted Even-Zohar as saying that he had never seen any reason why Botswana should hold a stake in De Beers.
He alleged that Botswana only got the (eventual) 15 percent stake in De Beers because neither Anglo nor the Oppenheimer family wanted the other to hold a majority.
"For a country with a gradually depleting resource, it needs shareholders that respect the economic, budgetary and societal aspirations of the Botswana government," Even-Zohar said.
"For Botswana to hold 15 percent (or any percentage) in De Beers does not make much sense and spending these funds in other investments, diversifying out of diamonds, seems preferable.”
He said with the Debswana diamond resources, Botswana should concentrate on domestic mining production.
“Why would you need to have a small stake in a company that owns other mines in Canada, South Africa or Namibia?  You will never have a real say on policies and are only unnecessarily holding on to passive diamond investments, rather than putting the money to more attractive uses,” Even-Zohar said.
He urged the Botswana government to set up a holding company, which would give it a chance to participate and own shares in the diamond resources while convalescing its investments.

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

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