“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

Mob disrupts Gemfields’ Ethiopian operations

04 july 2018
news_04072018_palling.pngPallinghurst, which will be renamed Gemfields next week, said a mob between 300 and 500 people overran the operations of Web Gemstone Mining (WGM), an Ethiopian company in which the emeralds miner holds a 75 percent interest.
WGM holds an emerald exploration licence with a total concession area of 200km2 with 27 kilometres of potential emerald-mineralised strike length.
It said while the motive of the mob remained unclear, it was believed that they may have been spurred by a faction seeking a portion of WGM’s licence.
“WGM is liaising with local and national authorities and has been advised that local authorities have since secured WGM’s residential camp and mine offices, as well as the camp used by WGM’s contractors,” Pallinghurst said.
“WGM understands that the bulk sampling operation is yet to be secured.”
Gemfields acquired its stake in WGM in February 2015.

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