Worth of gold and diamonds

Initiatives in Arts and Culture and De Beers recently co-hosted a webinar on the worth of gold and diamonds. The webinar, which was moderated by Mickey Alam Khan, the founder and editor of Luxury Daily, featured Jeffrey Christian, founder and managing...

Yesterday

Consumers attracted to diamond jewelry more than ever

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 september 2020

WDC actively supports initiatives from mine to retail; and also strives for support for the artisanal and small-scale miners - Edward Asscher, President, World Diamond Council

A member of one of the diamond industry and Amsterdam’s most well-known families, Edward Asscher was elected President of the World Diamond Council in June 2020 for a two-year term. Asscher is serving a second time as WDC President, having led the organization...

14 september 2020

Diamonds are one of the few things that have held human fascination in every nook and cranny of the world across time

Dr Usha R. Balakrishnan, a preeminent historian of Indian jewellery based in Mumbai, is Chief Curator of the World Diamond Museum. Being the author and co-author of several volumes of Diamonds Across Time, a new book and an important venture launched...

11 september 2020

Botswana Diamonds to bulk sample KX36 kimberlite, sees commercial potential

Botswana Diamonds recently acquired Petra Diamonds’ exploration assets in Botswana for $300000. The assets that were owned by Petra through its wholly-owned Sekaka Diamonds Exploration, include the KX36 project, a 3.5 hectare kimberlite that was a new...

07 september 2020

Supply more rough diamond to factories, WFDB urges southern Africa

27 november 2015
The World Federation of Diamond Bourses (WFDB) has urged southern Africa, home to some of the world’s largest diamond mines, to supply more rough stones to factories if they want them to be sustainable.
WFDB president Ernest Blom told a diamond conference in Windhoek, Namibia that   countries with well-established diamond cutting and polishing industries such as Israel, India and Belgium receive government support.
He was quoted as saying by The Namibian that while about 4,500 people were employed in the diamond manufacturing industry in South Africa when Pretoria implemented its value addition policy, this had since dropped 300.
Blom said governments should therefore reduce red tape, supply enough diamonds to the industry and work closely with the industry for the value addition programmes to work.
Meanwhile, conference moderator Chaim Even-Zohar said that synthetic diamonds are becoming part of the diamond supply chain.
"The retailer is there to make money and if it means making more money from man-made diamonds, they will," he said.
Even-Zohar said companies selling synthetic diamonds are “doing well”.
He, however, said that some lab grown diamonds were being mixed with natural diamonds.

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