The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

Unifying role is the main objective of the National Gemological Association

Yuri Shelementiev runs the Gemological Centre (GC) at the Moscow State University and is a president of the National Gemological Association (NGA) uniting the gemologists of Russia. The head of the MSU’ GC and the NGA answered the R&P’s...

15 july 2019

Debswana ploughs back BWP56 mln to communities

11 june 2019

Debswana, a joint venture between De Beers and the Botswana government, has spent BWP56 million ($5.1 million) over the last three years to support different sectors of the community around the southern African country, an official has said.
Company lead engineer Mooketsi Puso told a mining conference in Gaborone that their biggest spend was on community development, followed by sports development, education, empowerment programmes, health, arts and culture.
“We take pride in supporting economic development in the country,” he said.
“…diamond revenues have been responsibly used to develop human capital, build infrastructure such as roads, hospitals, schools and to improve the income of Botswana’s citizens.” 
Debswana contributes almost 50% of public revenue, 33% of GDP, and more than 80% of foreign earnings to Botswana.
The company, which contributes the bulk of De Beers’ diamonds, produced 24.132 million carats in 2018, a 6% jump from 22.684 million carats, a year earlier.

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