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

Botswana diamonds aggregation stabilises, says chamber of mines

14 june 2018

Botswana chamber of mines said diamonds aggregation in the country has stabilised, although at levels that will have sufficient room for improvement.
The aggregation, in which like-for-like diamonds from De Beers’ global production are mixed, moved to Botswana in August 2012 from London where the process took place for 80 years. 
Chamber chief executive Charles Siwawa, who addressed a mining conference in Gaborone last week, could not provide more details on aggregation.
However, it was believed at the time of the establishment of De Beers’ aggregation in Botswana that about $6 billion worth of diamonds would flow through the country.
Meanwhile, Siwawa said that diamonds in Botswana had maintained a steady performance.
This, he said, had enabled renewed interest in some of the mines that are on care and maintenance.
The Lerala diamond mine, which was mothballed mid-2017 after it failed to generate income under the ownership of now closed Australian miner Kimberley Diamond Company, was sold for $8.1 million in an online auction late last month.
The mine, located in north-east Botswana, comprised of five diamondiferous kimberlite pipes, ranging from 0.16 ha to 2.35 ha.

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