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...

Yesterday

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

Ghana diamond output down 48.7 pct to 86,924 ct in 2017

05 june 2018
Ghana’s diamond output dropped 48.7 percent to 86,924 carats from 143,000 carats, a year earlier, according to data from the Ghana Chamber of Mines seen by Reuters.
The country's diamond production had been on a downward trajectory as the 143,005 carats recorded in 2016 was a 25.8 percent drop compared with 185,376 carats realised in 2015.
Ghana Chamber of Mines said last year that a move by Accra to curb small-scale mining, which was causing damage to the environment, would cause a low diamond and gold output.
The government of President Nana Akufo-Addo, who took office in January 2017, provisionally banned artisanal mining in a renewed effort to clamp down on those who do it illegally.
The country’s diamonds were mainly extracted by small-scale mines.
Meanwhile, Reuters said Ghana’s gold output leaped 10.2 percent to 2.805 million ounces in 2017.
Total gold revenues reached $3.52 billion in 2017, up from $3.25 billion the year before.
Ghana was Africa’s second largest gold producer after South Africa.

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