Botswana Diamonds’ Campbell on Alrosa exit: no exploration JV lasts forever

Botswana Diamonds is currently in talks with a major diamond producer interested in taking over a stake in Sunland Minerals previously owned by Alrosa. The Sunland joint venture was established in 2014 to test existing Alrosa exploration technology on...

19 november 2018

If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

“We'll only work with mines and suppliers that can prove full and unquestionable traceability”, assures David Zabinsky, CEO, TRIGEM

Armed with a Bachelor of Science in Government & Legal Studies, and Spanish from Bowdoin College (Maine, USA), a multi-faceted professional, David Zabinsky has both international public and private sector experience, most recently managing an...

06 november 2018

The diamond market sentiment is cautious at the moment, especially in Europe

Born in Switzerland, Angelika Mavridou relocated to Thessaloniki (Greece) with her family, only to establish her own business JEWELLS GALLERY LTD, which was later transformed to S.A. Prior to venturing into her own business, she studied Gemology...

29 october 2018

Zimnisky talks about pink diamonds, De Beers’ Lightbox

An independent diamond industry analyst and consultant said although exceptional and ‘one-off’ diamonds are hard to assign a value to them, the Pink Legacy will likely fetch $2.64 million per carat when it goes under the hammer next month in Geneva...

22 october 2018

ZCDC H1 output reaches 1.5 mln cts

04 july 2018
Zimbabwe Consolidated Diamond Company (ZCDC) said it has produced more than 1.5 million carats of diamonds since January.

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Image credit: ZCDC


Company chief executive Morris Mpofu was quoted by The Standard newspaper as saying that ZCDC’s output was projected to increase to 3.5 million carats this year compared with 1.7 million carats produced last year.
“We are already half of the year and we have already surpassed half of this production level, which means it’s something possible to achieve,” he said.
The company produced 751,303 carats in the first quarter of the year against a set target of 600,000 carats.
“The Zimbabwe Consolidated Mining Company has its vision 2025, which is aimed at investing a total of $400 million from 2018 to 2025 to build the necessary capacity across the entire diamond value chain from restoration, mining, to processing and diamond value management,” Mpofu said.

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