Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

Yesterday

Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

We live in a new dimension of environmental responsibility carried by business

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic...

18 november 2019

De Beers’ GemFair delivering ‘positive impacts’ to ASM sector in Sierra Leone – David Johnson

GemFair, a pilot project developed by De Beers to create a secure and transparent route to market ethically sourced artisanal and small-scale mined (ASM) diamonds, is already delivering “important positive impacts” in Sierra Leone. Group head...

11 november 2019

ZCDC mulls lifestyle audit of employees following diamond robberies

19 july 2019

news_19072019_zcdc.pngThe Zimbabwe Consolidated Diamond Company (ZCDC) is set to audit the lifestyle of its employees following diamond robberies in Marange, a local weekly reports.
“We are … carrying out multi-layered extensive surveillance and thorough vetting of employees including lifestyle audits,” ZCDC acting chief executive officer Roberto di Pretto was quoted as saying.
“The security around [Marange] is being enhanced through additional technological systems with a view to raise our security to world-class standards around the clock.”
Large quantities of diamond ore were stolen from the ZCDC in January 2019 by a gang of armed men in millitary gear.
Another heist also took place on 1 April.
ZCDC fired seven executives last May, including the chief executive Morris Mpofu, who was recently arrested for recommending a blacklisted smuggling ex-convict to buy diamonds from the Minerals Marketing Corporation of Zimbabwe (MMCZ).
The move was meant to rebuild public and market confidence following reports of corruption in the company.
ZCDC is planning to lift its output to 4.1 million carats of diamonds this year from 2.8 million carats last year.
The company surpassed its production target of 2.4 million carats last year despite challenges that affected the mining sector in the last quarter of 2018, which included fuel shortages and limited foreign currency.

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