Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

Yesterday

Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

We live in a new dimension of environmental responsibility carried by business

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic...

18 november 2019

De Beers’ GemFair delivering ‘positive impacts’ to ASM sector in Sierra Leone – David Johnson

GemFair, a pilot project developed by De Beers to create a secure and transparent route to market ethically sourced artisanal and small-scale mined (ASM) diamonds, is already delivering “important positive impacts” in Sierra Leone. Group head...

11 november 2019

Angola invites 35 companies to first diamond auction

29 january 2019
Angola has invited about 35 companies to bid for seven diamonds at its first diamond auction this week, according to a news agency.
The stones to be placed under the hammer were produced at the Lulo project operated by Lucapa Diamond.

news_29012019_angola.png
Image credit: Lucapa Diamond company

“It’s our conviction that the final result of this auction will show to our society and the wider world our total commitment to transparency and innovation in the commercialization of diamonds in Angola,” Angola’s minister of mineral resources Diamantino Azevedo was quoted as saying by Reuters.
He said the auction would use a sealed system by which interested parties submit their offers electronically without knowing what others have bid.
Diamond producers in Angola previously sold their rough to buyers selected by Luanda through an opaque government marketing system.
Angola, which was currently the fifth largest diamond producer in the world, wants to be one of the two leading diamond producing countries by 2022.
The country produced 9,4 million carats last year.

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