“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

24 june 2019

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

Design is the key to all markets

Besides being an astute businessman, Mumbai-born Laksh Pahuja is a designer par excellence known globally for his awe-inspiring unusual jewellery pieces. Trained at the Gemological Institute of India and Harrow College of Art England, Laksh combines...

10 june 2019

Mutual mass destruction will not serve anybody’s purposes

The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were...

03 june 2019

Pavel Sokolov: Every stone has its beauty

THE ‘GEMSTONES BY SOKOLOV’ brand has been popular for over 25 years. The aim of this company is to supply any kind of gem studs to the Russian market including the unique ones except diamonds of any cut. The product range by the SOKOLOV Company is very...

27 may 2019

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