“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

24 june 2019

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

Design is the key to all markets

Besides being an astute businessman, Mumbai-born Laksh Pahuja is a designer par excellence known globally for his awe-inspiring unusual jewellery pieces. Trained at the Gemological Institute of India and Harrow College of Art England, Laksh combines...

10 june 2019

Mutual mass destruction will not serve anybody’s purposes

The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were...

03 june 2019

Pavel Sokolov: Every stone has its beauty

THE ‘GEMSTONES BY SOKOLOV’ brand has been popular for over 25 years. The aim of this company is to supply any kind of gem studs to the Russian market including the unique ones except diamonds of any cut. The product range by the SOKOLOV Company is very...

27 may 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