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...

20 august 2018

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

Tsodilo says Botswana should find Tier 1 diamond deposits in the next 5 to 10 yrs

09 june 2018
Tsodilo Resources president Mike de Wit said for Botswana to remain a leading diamond mining country, it has to find one or two tier-one diamond deposits in the next five to 10 years.
The country had only two Tier 1 deposits (Jwaneng and Orapa) with more than $20 billion worth of reserves, according to De Beers.
Other Tier 1 deposits outside Botswana were Udachny and Mir in Russia, Cullinan and Venetia in South Africa and Catoca in Angola.
Wit told the Botswana Resource Sector Conference during a panel discussion on the future of diamond mining in the country that the diamond resource was depleting.
“We are depleting and we are not adding anything…, [although] we might find a small mine here and there,” he said.
Wit said the current diamond exploration taking place in Botswana would not likely yield a Tier 1 deposit.
“I don’t believe we will find any substantial deposits in terms of areas that are currently being prospected,” he said.
Botswana’s diamond deposits were expected to dwindle over the next 20 years.

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