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

Belgian-quality diamond boiling in Dubai from TRIGEM

Born in New York, David Zabinsky is CEO & Co-Founder of TRIGEM, an independent diamond service provider in Dubai. Before TRIGEM, David was Manager at Ras Al Khaimah Economic Zone, where he was responsible for securing North and South American investment...

05 november 2019

Pavel Shelkov: "Our project is an attempt to fit Russia into the global trend and create a new private company in the diamond industry"

At the end of September, Moscow hosted the Second Annual Conference, "Gold and Diamond Mining Companies of Russia and Europe." The audience showed great interest to the presentation made by diamond geologist Pavel Shelkov of Almazy Zapolyarya...

28 october 2019

The team that turns sleeping stones into beautiful polished diamonds

Maxim Zemlyakov is the Director General of ADMS OOO, a company cutting and polishing natural and synthetic diamonds in Oryol. He has been the Director General of Oryol-ALROSA since 2007. Before heading it, he worked as a grinder, cutter, instructor...

21 october 2019

Demand will pick up once the season starts

N Anantha Padmanaban took charge as the Chairman of the All India Gem & Jewellery Domestic Council (GJC) in January 2019. He has immense hopes and confidence in the Indian jewellery sector. His motto is to ‘ensure that after the day’s business...

14 october 2019

Lucapa’s Lulo to conduct second diamond sale in Angola

13 august 2019

news_02072018_lucapa.pngLucapa Diamond said its 40%-owned Sociedade Mineira Do Lulo (SML) is planning a second diamond sale in the third quarter of 2019.
The tender will be organised in Luanda by SODIAM, a state-owned company responsible for the trading of diamonds in Angola. 
The inaugural local tender of Lulo diamonds, which was conducted early this year, raked in $16.7 million from seven large diamonds weighing 498 carats that were sold at an average price of $33,530 per carat. 
Lucapa said at the time that exceptional sale prices achieved for the Lulo diamonds showed the highly-competitive bidding from leading international diamantaires and large stone manufacturers from eight countries that participated in the tender. 
The tender marked a new dawn for the Angolan diamond mining industry as it was the first Angolan production offered for sale via competitive tender under the new diamond marketing policy enacted by president Joao Lourenco. 
Diamond producers in Angola previously sold their rough to buyers selected by Luanda through an opaque government marketing system. 

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