Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...


Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

ZCDC produces 1 mn cts in first four months

07 may 2018
Zimbabwe Consolidated Diamond Company (ZCDC) said it produced 1-million carats of diamonds in the first four months of the year in line with its production target for the period.
"We hit the 1-million carats target for four months within three months and 27 days. As of the month of April, the target was 250,000 carats and we have already hit 251,713 carats before the month end," company chief executive Moris Mpofu was quoted by The Herald newspaper.
"This shows we are on course to achieve 3-million carats for the year because we have seen great improvement, which will see the increase in our levels of confidence in terms of the conglomerate diamond reserves in [Marange]."
The state-owned diamond company produced 751,303 carats in the first quarter compared to 422,518 carats mined in the same period last year.
Meanwhile, Mpofu said ZCDC would commission a 450 tonne per hour conglomerate crushing plant as well as procure new mining and exploratory equipment from Belarus as part of the Government-backed $80 million recapitalisation programme.

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