“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

Angola invites SA companies to invest in local diamond sector

06 august 2018

news_06082018_angola.jpgAngola has invited major South African diamond companies to invest in the country, according to a media report.
Mining Weekly quoted Endiama strategic planning and minerals operations bureau head Laureano Paulo as saying during a visit by a delegation of South African businesspeople that their participation in Angola’s diamond industry would add value to the resource.
He said South African companies, which had a “great” tradition in the diamond industry, would assist in the exploration for, and exploitation of, new kimberlites.
Angola’s current national development plan, which was approved last April seeks to boost production to 13.8 million carats a year.
Angola produced 9.4 million carats last year.
This increase will be driven by the commissioning of various new mines, but particularly by the start of operations at Luaxe.
Luaxe, which had a reported reserve of about 350 million carats in the Luele Kimberlite pipe, would be commissioned this year.
The operation was projected to have a life-of-mine of 29 years.

Mathew Nyaungwa, Rough&Polished