The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

At IDE, we encourage innovation throughout the bourse and have even opened a technological incubator to host start-ups - Yoram Dvash

A first generation diamantaire, Yoram Dvash founded ‘Y Dvash Diamonds Ltd’ in 1991 in Israel. While the company grew and made progress under his leadership, Dvash joined industry organizations such as the Israel Diamond Manufacturers Association (IsDMA)...

09 january 2019

Cooperation and collaboration are the development trend of today

Pavel Grankin runs the Slava Group of companies and holds the Slava trademark (‘Slava’ means ‘Glory’ in Russian). He has graduated from the Mozhaisky Military Space Academy. He did his military service at the Plesetsk Сosmodrome from 1987 to...

04 january 2019

De Beers speaks on Zim invitation to explore for diamonds again

De Beers’ exploration team landed in Zimbabwe in 1993 and left in 2006, however, they first prospected for diamonds in Marange in the late 1990s. Harare, under the leadership of the then president Robert Mugabe, alleged that De Beers looted diamonds...

24 december 2018

The Kimberley Process mulling over broader definition of "conflict diamonds"

The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under...

17 december 2018

Zim to double diamond auctions this year – report

10 january 2019

Zimbabwe is set to convene 10 diamond auctions in 2019 from last year’s five in a bid to rake in more revenue from the precious stones, according to a report citing the country’s minerals marketing agency.
The State-owned Minerals and Marketing Corporation of Zimbabwe, which markets all country’s minerals except gold and silver, was quoted by The Herald newspaper as saying that dates for the proposed 10 diamond auctions would be finalised with the Zimbabwe Consolidated Mining Company (ZCDC).
MMCZ’s 2018 auctions attracted buyers from the Middle East, Europe and Africa.
However, the revenue accrued from the diamonds sold was not made public.
The increased number of auctions was expected to help ZCDC sale its 3,2 million carats stockpile.
ZCDC was mainly mining conglomerate diamonds in Marange while exploration for kimberlite diamonds in Mwenezi was said to have also started.
Zimbabwe announced a new diamond policy late last year, which was expected to strengthen regulatory activities in the sector and ensure accountability.
The policy would allow ZCDC, Murowa Diamonds and two other companies to undertake diamond exploration and mining in the country.
Mines and Mining Development Minister Winston Chitando had reportedly invited De Beers and Vast Resources to explore for diamonds in Zimbabwe.
However, De Beers downplayed the invitation.

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