“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

Today

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

Design is the key to all markets

Besides being an astute businessman, Mumbai-born Laksh Pahuja is a designer par excellence known globally for his awe-inspiring unusual jewellery pieces. Trained at the Gemological Institute of India and Harrow College of Art England, Laksh combines...

10 june 2019

Mutual mass destruction will not serve anybody’s purposes

The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were...

03 june 2019

Pavel Sokolov: Every stone has its beauty

THE ‘GEMSTONES BY SOKOLOV’ brand has been popular for over 25 years. The aim of this company is to supply any kind of gem studs to the Russian market including the unique ones except diamonds of any cut. The product range by the SOKOLOV Company is very...

27 may 2019

Botswana diamond output dips 33.4pc in Q3 2015

15 april 2016
Botswana’s diamond mining production weakened 33.4 percent during the third quarter of 2015 due to closure of mines, according to the Central Statistics Office (CSO).
Debswana, a joint venture been De Beers and the Botswana government, reduced production level at Orapa Plant 1 and also closed the Damtshaa mine.
African News Agency reports, without giving production figures, that apart from diamonds, other significant declines were in copper-nickel and cobalt output.
Acting government statistician Burton Mguni was quoted as saying that the slump had a minimal effect on the country’s position on the global mining index, which remained “healthy” at 66 percent.
“Even though these three minerals had huge decreases when compared to that of diamond production, their impact on the year-on-year percentage change of the overall index is minimal as a result of their weight contribution to the overall index weight,” he said.

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