“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

Two Namibian men held for possession of rough diamonds worth R1.5 million

21 may 2019

Two men, believed to be from Namibia, were arrested in Western Cape, South Africa last Friday after they were found in possession of rough diamonds valued at R1.5 million, according to local media reports.
Western Cape police spokesperson Colonel Andrè Traut was quoted by News24 as saying that officials conducting a stop and search operation had their attention drawn to the two suspects they appeared nervous.
"The men (aged 46 and 53) were questioned and they appeared nervous. This prompted the members to conduct a body search which resulted in the discovery of two small bags with 27 diamonds with an estimated value of R1.5m," he said.
"The circumstances surrounding the matter and the origin of the diamonds are still under investigation," he added.
A Namibian man swallowed diamonds last month shortly after his arrest by police following a sting operation in Strand, 50km east of Cape Town, in South Africa. 
The man identified as Hamukwaya Eliakim (58) was kept under guard and accompanied when he went to the toilet. 
The diamonds were successfully excreted from the body.

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