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...

Yesterday

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

Zim to commission new plant in Marange, eyes 3 mln cts of diamonds

03 august 2018
The Zimbabwean government said it will soon commission a new plant for crushing and recovery of diamonds in Marange.
Mines minister Winston Chitando was quoted by NewsDay as saying that the move would boost diamond output.

news_22062018_zcdc.png
Image credit: ZCDC


The government-backed $80 million recapitalisation programme enabled the acquisition of mining equipment from Belarus.
Meanwhile, the Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer, Morris Mpofu, said they were targeting to produce 3 million carats of diamonds this year.
 “We have hit one million mark in the first four months of the year and we are targeting to produce about three million carats at the end of the year, up from 1, 8 million produced last year because we are set to start processing at a new conglomerate crushing and diamond recovery plant that was constructed in Marange,” he was quoted as saying.
“The plant will have the capacity to crush 450 tonnes of ore per hour and this means it will have the capacity to produce 600,000 carats at full throttle annually, but we will start off at half our capacity.”

Mathew Nyaungwa, Rough&Polished