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

Angola eyes Antwerp diamond market

07 june 2018
Angolan President João Lourenço, who this week visited Antwerp, Belgium, said his country has been absent from the diamond bourse and he wants that to change.
Angola produced 9 million carats last year worth $1.1 billion, but about 1 percent of that was sold on the Antwerp diamond market, according to the Diamond Loupe.
“It has been said that Angola has been absent from Antwerp, but that is set to change. We are going to be represented in Antwerp, and will work together in partnership,” the Angolan leader was quoted as saying.
He said Angola had not been able to benefit properly from its diamond resources as a result of policies that stifled growth, but wants that to change as well.
Lourenço, who recently replaced long-time ruler Jose Eduardo dos Santos as President, said that he had ordered the state-run diamond companies Endiama and Sodiam to revise their policies to the benefit of the country and private companies.
"The responsible institutions have been instructed to see that Angola can return to this great diamond center," he said.
Lourenço also told Antwerp World Diamond Centre (AWDC) officials that we are, “counting on you to help us transform our industry”.
AWDC chief executive Ari Epstein was also quoted as saying to the Angolan leader that he had, “come to the right place”.
“The critical mass of diamond companies and services here in Antwerp is unparalleled, enabling diamond producers to achieve the best possible price for their goods,” he said.
“… I have every confidence that as you come to learn more about our exceptional value proposition, you will leave Antwerp having no doubt that this is the place that will help you in your effort to further modernise Angola’s diamond industry.”

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