“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

Fresh push to ban sale of Zim diamonds

12 march 2019

The Kimberly Process Civil Society Coalition has called on the diamond watchdog to classify Zimbabwe's stones as conflict diamonds to prevent their sale on the formal market.
Natural Resource Governance director Farai Maguwu was quoted in a communique released by a coalition of the civil society organisations as saying that the army in Zimbabwe was involved in human rights abuses in the country’s diamond fields.
"The Civil Society Coalition highlighted the dangerous implications of the involvement of military officials in diamond mining or trading for national and international stability,” reads part of the communique. 
The civil society coalition once lobbied for the expulsion of Zimbabwe from KP a decade ago following allegations of human rights abuses in the Marange diamond fields.
Apart from Zimbabwe, they also raised concerns about human rights abuses in Angola, DRC and Venezuela.
Meanwhile, the International Peace Information Service (IPIS) director Filip Reyniers proposed that the UN expand the definition of conflict diamonds to incorporate those mined with the involvement of the army in any given country.
"IPIS director Filip Reyniers presented on some of the lessons that can be learned from the conflict diamond issues affecting the Central African Republic (CAR),” reads the communique.
“These include the need to expand the definition of what constitutes a conflict diamond — a restriction that impeded KP intervention in the CAR to prevent a brutal part-diamond funded rebel coup in 2013." 
He said KP risks to focus more on continued trade than on peace and security-focused interventions, as a result of UN’s lack of deeper engagement in the diamond watchdog.
"It is time to move the KP beyond noble words. If the KP does not both reform and start seriously implementing existing recommendations, it will truly remain nothing more than a gilded talking shop,” said Reyniers.

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