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

Botswana should look beyond diamonds, says local geoscience institute

09 june 2018
Botswana Geoscience Institute said there is need for the southern African nation to look beyond diamonds.
Botswana relied on diamonds for almost a fifth of its gross domestic product and the gemstones were expected to dwindle over the next 20 years.
“In order to increase the mineral asset value, it is necessary to look into mining other mineral commodities that are present in Botswana,” said the institute’s mineral accounts officer, Dineo Sefemo, at the Botswana Resource Sector conference in Gaborone.
The country had coal, copper, nickel deposits, among other commodities.
Sefemo said diamonds contributed to the highest value of the country’s mineral assets by 97 percent, followed by soda ash just above 2 percent and gold less than 1 percent.
She also said beneficiation was an engine for economic growth, employment creation and provide skills transfer, which consequently improve mineral asset value on the improved value chain.
“The majority of Botswana’s minerals are exported in unprocessed or semi-processed form,” she said.
“A gradual move along the value chain has been made on diamonds where rough diamonds are sorted, cut, polished and valued in Botswana. There is some jewellery production.”

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