Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

25 march 2019

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Robbers target ZCDC Marange operations, again

06 april 2019
An unknown number of suspected robbers allegedly entered a pit with ore that had just been exposed at Zimbabwe Consolidated Diamond Company (ZCDC)’s claim, in Marange, according to a local daily.
Police had since arrested two suspects. 
“In the early morning hours of April 1 2019, there was an intrusion by a suspected gang of robbers into the operational areas of the Zimbabwe Consolidated Diamond Company,” secretary for information Nick Mangwana was quoted by the Herald newspaper as saying.
“The suspected robbers entered the pit where ore had been exposed earlier in the day… a full exercise to establish whether there was any loss and if affirmed then its level is underway.
“The people caught will be transparently prosecuted to the fullest extent of the law and their accomplices will be pursued until every one of them is fully accounted for.”
He said three government ministers and the command of the national security establishment held a meeting on 3 April 2019 at the ZCDC operations to review security measures.
A similar incident occurred last December when 10 criminals allegedly bulldozed their way into the Marange diamond fields and looted two dump trucks of diamond ore belonging to ZCDC before vanishing into the darkness.

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