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This year, ALROSA’s geologists will continue to search for new diamond deposits in Africa

The Department for Evaluation of New Areas at the Research and Exploration Company affiliated to ALROSA is based in St. Petersburg and deals with the forecasting and prospecting of diamond deposits in the North-East European Platform and in promising...

08 february 2016

End of an era as Shmuel Schnitzer's fourth term ends

A month or so after stepping down from the presidency of the Israel Diamond Exchange (IDE) for the second time – making a total of eight years at the helm of one of the world's biggest bourses – Shmuel Schnitzer is able to provide valuable insights both...

01 february 2016

Amin Luxury: Style and Innovation

The theme of innovation has been a central one in the diamond industry. While everyone seems to agree with the fact that innovation is crucial for the business, few companies have come through with revolutionary ideas. Among them is Amin Luxury, a company...

25 january 2016

We will definitely need time to fix damages and rebuild foundations

Andre Messika was already an established diamantaire in Paris, known as a topnotch distributor of polished diamonds, when he migrated to Israel in 2003. In Israel, he opened the company’s - Andre Messika Diamonds Ltd - main office in The Israel Diamond...

18 january 2016

‘Brokers, dealers involved in Tanzania illegal mining, smuggling of gemstones, not small-scale miners’

Before Richland Resources exited Tanzania to focus on tsavorite mining in Australia, it constantly bemoaned the unabated illegal tanzanite mining that seriously disrupted operations on its Block C at Merelani. Although a joint venture agreement with...

11 january 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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