“The industry is under some pressure, and as we all know, diamonds are formed under great pressure!”, says Dr Martin Leake

A veteran in the field of precious stones, Dr Martin Leake a doctorate geologist had worked for 22 years with BHP Billiton; and also set up a world-class marketing unit for Grib Diamonds in Antwerp. Later, as an Independent Consultant, Dr Martin Leake...

09 september 2019

Recovery of diamond industry within a year if end-consumer demand holds – Zimnisky

An independent diamond industry analyst and consultant said the natural diamond industry will be in a better position within a year time if end-consumer demand holds. Paul Zimnisky, CFA told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

02 september 2019

Working according to one’s weaknesses and strengths

Canon Jhaveri grew up watching his diamond-dealer father and uncle working with diamonds. The sparkles of the diamonds fascinated the young boy, who became more intrigued every time he visited his father’s office. After graduating in 2002, Canon Jhaveri...

26 august 2019

The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

19 august 2019

The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 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