Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

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

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