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06.07.2015
‘I would like to hold on to something commercial’ – John Teeling
john_teeling_x.jpgBotswana Diamonds established a joint venture company with the Russian diamond giant, Alrosa, which is currently exploring for diamonds in Orapa, Botswana. The AIM and Botswana Stock Exchange-listed company provides its database to Alrosa which in turn applies their technology to identify prospective ground. The Russian diamond company was on the other hand providing its geologists, mineralogists and mobile labs for field work. This year, the joint venture was focusing on three blocks in the Orapa area and earlier work had identified kimberlitic indicator mineral concentrations. Company executive chairperson John Teeling told Rough & Polished’s Mathew Nyaungwa on the sidelines of the Botswana Resource Sector Conference in Gaborone recently that there are indications that kimberlites might be on blocks 206 and 207.

29.06.2015
Over the long term, we can expect to see a supply shortfall and rising prices - Ali Pastorini
ali_pastorini_x.jpgAli Pastorini, Director of Marketing of the World Jewelry Hub (WJH), in an interview to Rough & Polished talked about the goals set before the WJH, described the main trends and challenges currently facing the world jewelry and diamond markets and delineated the role of China and India.

22.06.2015
Legal framework should predominantly be aimed at creating equal conditions for doing business
flun_gumerov_x.jpgFlun Gumerov is the President of Almaz-Holding, a jewelry company based and operating in Russia (it has been working in the Russian market since 1993 and is one of the leading firms in the country). He is also a member of the Kostroma Regional Duma (Parliament) and a member of Business Russia, which is an all-Russia social action organization. Being one of the participants of the Expert Council within the State Duma Committee on Natural Resources, Environmental Management and Ecology he combines this work with his activity as a member of the General Council of the Russian Jewelers Guild. Flun Gumerov was awarded the Honor Badge “150th Anniversary of Mikhail Perkhin” by the Commemorative Foundation of Karl Faberge for his outstanding contribution to the development of Russian jewelry art.





Diamond Revenue to Fund Grants for Zimbabwe’s Students

27.01.2012

Zimbabwe’s government plans to use some of the revenue from the sale of its rough diamonds to reinstitute grants for students, the University World News reports cited by Israelidiamond.co.il.
According to the UWN, none of Zimbabwe’s government-run universities have been able to supply student grants or loans for over a decade.
In his budget statement for 2012, Finance Minister Tendai Biti stated that he was allocating $25 million for student grants and loans, a sum he expected to see matched by banks, including Barclays.
The decision to use diamond money to benefit the country’s students is reportedly a tactic to win support in the international community for the sale of Zimbabwe’s diamonds. Although the Kimberley Process lifted its embargo against Marange diamonds in November, the subject remains controversial.

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