Innovation and automation can conquer any challenges

Rahul Gaywala, the CEO of STPL has been with the Sahajanand Group since 1993 and in his tenure with STPL, he has proved to be a hard-core innovator and technocrat intent on helping to transform the diamond trade from a labour-intensive industry to an...

Yesterday

Memorial Foundation of Carl Fabergé continues to fulfill its tasks

Valentin Skurlov, Ph. D., who is an Honorary Academician of the Russian Academy of Arts, professor, scientific secretary of the Fabergé Memorial Foundation, consulting researcher studying the Fabergé heritage at the Russian department of the Christie's...

30 march 2020

Gaetano Cavalieri: We need to protect the long-term health of our industry

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

23 march 2020

Sierra Leone mulls setting up entity to buy diamonds from artisanal miners

Sierra Leone will revise its Mines and Minerals Act that will, among other issues, pave way for the establishment of a State entity that can buy diamonds from artisanal miners, an official has said. The National Minerals Agency of Sierra Leone director-general...

16 march 2020

David Block, CEO of Sarine Technologies believes that AI will play a bigger role in the industry in the next few years

Armed with an MBA degree from the Kellogg-Recanati School of Business, and a Bachelor's degree in Computer Science from the Tel Aviv-Jaffo Academic College in Israel, David Block is the present CEO of Sarine Technologies, a worldwide leader in the...

10 march 2020

Angola delegation takes part in WFDB-IDMA Presidents Meeting Opening Session in Dubai

24 september 2019
The World Federation of Diamond Bourses (WFDB) Presidents Meeting kicked off in Dubai today with special sessions on lab-grown diamonds and provenance and traceability.
An important delegation from Sodiam including Chairman Dr. Eugenio Bravo da Rosa took part in the ribbon cutting to officially open the Presidents Meeting.


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Image credit: WFDB

Angola has the potential to become the first and largest mining country in the world. It has extensive diamond reserves estimated at 180 million carats. They are located principally in the provinces of Lunda Norte and Lunda Sul in the central and northeastern parts of the country.
In 2018, Angola’s total rough diamond production was 8.4 million carats with a value of $1.2 billion as per Kimberley Process statistics. As part of its strategic plans, Angola has the intention to establish a Diamond Bourse in Luanda.
Ernie Blom said: “We are happy to welcome this important delegation from Angola, a key player for future diamond mining potential and we welcome the important changes which have been taking place in the country. Obviously WFDB stands ready to welcome a new diamond bourse and we are happy that this is being studied.”

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished