“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

Four up for diamond ore theft in Marange

19 april 2019

Four suspected armed robbers facing accusations of stealing diamond ore belonging to the Zimbabwe Consolidated Diamond Company (ZCDC) in Marange on March 24 last year, were remanded in custody to April 17 for trial.
The quartet, charged with 10 counts of robbery, denied the charges.
It is the state’s case that two of the accused armed themselves with AK47 rifles and then called about 100 illegal miners whom they led into ZCDC mining concessions.
They allegedly ordered security guards to lie down before tying them up.
Further allegations were that they, along with the illegal miners, stoned policemen who were at the ZCDC gate.
They purportedly stashed diamond ore into sacks and vanished.
Their luck ran out when the quartet connived and hatched a plan to rob ZCDC of diamond ore again on April 4 this year.
They were said to have proceeded to the mining concessions with their vehicles along with some illegal diamond miners.
However, police detectives who were on patrol received a tip on the planned robbery and swiftly reacted, leading to their arrest.

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