Angola seeks to grow diamond cutting volume

Angola is planning to boost its diamond cutting capacity, said the executive secretary of the National Kimberley Process Commission, Estanislau Buio. The current four cutting factories in Angola are struggling to utilize the 20% production allocated...

30 july 2021

De Beers boosts first-half output

De Beers produced 15.4 million carats during the first half of 2021, which was an increase of 37% compared to the corresponding period in 2020, according to Anglo American. The diamond group produced 25 million carats last year.

30 july 2021

World’s biggest 2.5m carats sapphire found by Sri Lankan gem trader

The world's largest cluster of sapphire, valued at around £72mn weighing 510 kilograms and has the equivalent of 2.5 mn carats has been found at the home of a gem trader in Sri Lanka. The cluster was named the "Serendipity Sapphire”.

30 july 2021

Antwerp opens its own diamond cutting training center

The diamond company HB Antwerp will soon open its own training center for diamond and jewelry experts in Antwerp, the VRT TV channel reported. Three times a year, the HB Academy will recruit for a 12-week course eight future cutters, who are guaranteed...

30 july 2021

Nornickel takes part in Norilsk Public Chamber hearings

Nornickel initiated an extended meeting of the Public Chamber of Norilsk. Public representatives and company executives discussed Nornickel’s efforts to improve the quality of life in the Arctic city. The roundtable gathered representatives of public...

29 july 2021

Why is a company accused of looting diamonds back in Zimbabwe’s mines?

10 june 2021

(opendemocracy.net) - In 2016, Robert Mugabe, then the president of Zimbabwe, announced that a mining company had looted diamonds worth $15bn from the country. The company was Anjin, a joint venture between a Chinese firm and the Zimbabwean military. Anjin strongly denied the allegations. But considering the dire state of the country at the time – a collapsed healthcare system, chronic fuel and food shortages, dilapidated roads – the claims were explosive. Yet in January this year, the state-owned Zimbabwe Consolidated Diamond Company pulled out of the most lucrative diamond-producing block in the east of the country and handed it over to the very same company: Anjin. Diamonds from Zimbabwe have Kimberley Process certification, which means they are supposed to be traceable. However, in recent months critical questions about accountability and transparency in the country’s diamond-mining sector have resurfaced.