Diamex Lab: Our technology allows you to trace the history of the origin of each stone

Gleb Sverdlov, CEO of Diamex Lab told Rough & Polished in his interview below about the development of IT technologies for the market of rough and polished diamonds and jewelry.

17 february 2020

The future of the market goes hand in hand with gemology

After 2019, a challenging year for the global diamond industry, we asked Yuri Shelementyev, head of the Moscow State University (MSU) Gemmological Center and president of the National Gemological Association (NGA), to share his views...

10 february 2020

Diamond industry in healthier position going into 2020

The diamond industry is in a healthier position going into 2020 due to actions taken last year, according to De Beers. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa that the actions taken included reducing rough diamond production...

03 february 2020

Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

27 january 2020

Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

20 january 2020

Cyclone Idai affects ZCDC Q1 diamond output target

15 april 2019

zcdc_logo.pngZimbabwe Consolidated Diamond Company (ZCDC) will miss its first quarter production target due to Cyclone Idai, which flooded the company’s open pits in Marange and caused minor damages to its plant in Chimanimani, according to a local weekly.
The cyclone claimed at least 268 lives in Zimbabwe last month and most of the casualties were reported in Chimanimani.
"Most of the open pits which were being mined in Chiadzwa were flooded during the heavy rains," ZCDC chief executive Moris Mpofu was quoted as saying by Sunday Mail.
"ZCDC is now in the process of de-watering and re-mapping the pits before mining can commence on affected pits.
"In Chimanimani, ZCDC is in the process of rehabilitating the road network, which was destroyed by Cyclone Idai for the local community, and to regain access into its mining concession.”
He said a preliminary assessment of the situation indicated that minor damage was caused to the plant in Chimanimani Portal E, while the mining pits require de-watering and re-mapping before mining commences.
Fuel shortages and power outages had also added to the company’s woes.
"Notwithstanding these challenges, ZCDC is making frantic efforts to ensure that production against the targeted schedule resumes at the earliest possible time," said Mpofu.
He said mining would likely commence this week in Marange and by end of next month in Chimanimani.
ZCDC was targeting an output of 4,1 million carats this year compared with 2,8 million carats produced last year.

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