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We estimate gold demand for 2016 to be in the range of 750 to 850 tonnes – Somasundaram, MD, WGC-India

Somasundaram PR joined the World Gold Council in January 2013, as Managing Director, India. Based in Mumbai, Som is responsible for leading the World Gold Council's activities across the Indian gold market. A qualified Chartered Accountant, Som has over...

26 september 2016

Actions undertaken by ALROSA are intended to support true diamond manufacturers

Recently, the EPL Alliance and Diamond and Jewelry Manufacturers Guild of the Republic of Sakha (Yakutia) backed ALROSA in the press, welcoming its position in support of Russia’s diamond-cutting businesses in view of the abolition of the 6.5% export...

19 september 2016

From France to Israel - Andre Messika Goes from Strength to Strength

A leading Israeli diamond dealer who is increasingly making a name for himself locally and globally is Andre Messika. Three years ago, he was the winner of the Israeli diamond industry’s Outstanding Exporters Award. He has also often been near the top...

12 september 2016

“Jewellery customers are totally fascinated with the ‘design’, rather than seeing jewellery as investment” says Ashish Sand, Founder & Partner of Savio Jewellery

Though armed with a Master’s degree in Commerce; a Bachelors in Business Administration from Bradford University; and a diploma in Information Technology, it was jewellery business that was Ashish Sand’s calling… Today, as the founder and partner of...

05 september 2016

Mozambique eyes commercial diamond mining

Mozambique confirmed last month the discovery of diamonds in the Massangena district of the Gaza province. The country had been working, with the help of Angola, towards the certification of its diamond mining by the Kimberley Process. The certification...

29 august 2016

Zimbabwe: Anjin Investments is Now Top Diamond Producer in the World

19 december 2011

Anjin Investments, a joint diamond mining venture between China’s Anhui Foreign Economic Construction Company Limited and the Zimbabwe Mining Development Corporation, is now the world’s biggest diamond producer, a company official said last Wednesday, Israelidiamond.co.il reported.
The China/Zimbabwe joint venture began mining diamonds in the Marange fields in July 2010, but only recently has received permission from the Kimberley Process to export its rough diamonds. The company reportedly has a stockpile of some 3 million carats.
According to Anjin director Munyaradzi Machacha, the Anjin has a production capacity of 12,000 tons of ore per day. This week, two additional processing units are scheduled to begin operating.

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