“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

20 may 2019

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 2019

Namibia seeks to boost diamond polishing

04 march 2019

The Namibian government has engaged Botswana as it seeks to become a centre of diamond polishing, an official has said.
"With Botswana doing the selling of diamonds, maybe Namibia can become the hub for diamond polishing and manufacturing," Windhoek Observer quoted mines and energy minister Tom Alweendo as saying. 
"We are actually talking to Botswana for Namibia to become the centre for diamond polishing. We are working on that. Of course when that happens, the benefit you get is not so much from government taxes, but employment creation."
Rough diamonds from De Beers’ operations in Canada, Botswana, Namibia and South Africa, are now sent to Gaborone.
Alweendo did not say how far along the talks had gone.
Namibia, the world's largest producer of marine diamonds, was said to be experiencing high unemployment as mines close and the construction sector falters.
Polishing more diamonds was expected to create the much needed jobs in a country with little beneficiation of its minerals, according to Windhoek Observer.

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