African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

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