High-tech trend is most promising for industries using diamonds

Synthesis Technology is a leading diamond producer in Russia. The company produces carbon single crystals - lab-grown diamonds and single-crystal wafers. The diamonds completely identical to natural ones are ‘grown’ at the laboratory using advanced HPHT...

25 february 2020

Diamex Lab: Our technology allows you to trace the history of the origin of each stone

Gleb Sverdlov, CEO of Diamex Lab told Rough & Polished in his interview below about the development of IT technologies for the market of rough and polished diamonds and jewelry.

17 february 2020

The future of the market goes hand in hand with gemology

After 2019, a challenging year for the global diamond industry, we asked Yuri Shelementyev, head of the Moscow State University (MSU) Gemmological Center and president of the National Gemological Association (NGA), to share his views...

10 february 2020

Diamond industry in healthier position going into 2020

The diamond industry is in a healthier position going into 2020 due to actions taken last year, according to De Beers. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa that the actions taken included reducing rough diamond production...

03 february 2020

Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

27 january 2020

Zimbabwe conducts third diamond auction for 316,000 cts – report

12 september 2019

zimbabwe_flag.pngZimbabwe’s state-owned Minerals Marketing Corporation (ZMCC) is conducting a diamond auction of 316,000 carats in Harare, according to media reports.
The diamonds were produced by Zimbabwe Consolidated Diamond Corporation, which has operations in Marange and Chimanimani.
MMCZ general manager Tongai Muzenda said the auction will close at the end of the week.
“This is the third auction we have conducted this year as there were some administrative issues which were taking place within the organization," he was quoted as saying by Bloomberg.
The auction has attracted buyers from Belgium, Dubai, India, Israel and South Africa.
However, Muzenda declined to name the companies bidding, citing confidentiality.
Zimbabwe expects to produce 4.1 million carats of diamonds this year compared with 2.8 million carats in 2018.

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