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

Prospects for discovering new diamond deposits in the Arkhangelsk Province are far from exhausted

ALMAZINTECH is engaged in technical auditing and comprehensive assessment of activities performed by exploration, diamond mining and gold mining businesses in Russia and other countries, as well as carries out research and development. It employs highly...

07 october 2019

Botswana Diamonds eyes expansion of Thorny River to include Marsfontein – Campbell

Botswana Diamonds, which has a 40% stake in Thorny River, through Vutomi, said there are plans to expand the project located in South Africa to include Marsfontein once a mining permit for the latter has been awarded. Company managing director James...

30 september 2019

Diamond knife and tender system: The tight-fisted paying twice?

LLC Kristalin is the only company in Russia that manufactures microsurgical diamond blades for domestic healthcare that meet international requirements and are used in ophthalmology, neurosurgery and plastic surgery. Mikhail Zhiltsov, the company’s Deputy...

23 september 2019

Didier Giard: Stiff competition among the diamantaires is one of the factors of the price war

On September 9, 2019, the French Association of Gemmology (l’Association Française de Gemmologie, AFG) held its regular Paris Gemmological Rendez-Vous. Its organizer, Didier Giar, the head of the AFG kindly agreed to answer questions from Rough&Polished...

16 september 2019

CAR reforms diamond mining sector to fight illicit trade

04 october 2019

car_flag.pngThe Central African Republic (CAR) has launched a full overhaul of the country’s alluvial diamond mining sector to fight illicit traffic.
“Going forward, the CAR’s government will stand for a bold new and drastic approach where full transparency and proper due diligence protocols, traceability of individual parcel and OECD Due Diligence Guidance will be crucial,” it said in a statement.
“The country direly needs diamond production to return to the formal market.”
Following the adoption of a presidential decree signed by the President Faustin Archange-Touadéra last Monday, all existing buying houses are required to formalise exports and to withdraw from any engagement in the informal circuit. 
In addition, each buying house will be expected to export at least $3 million per quarter and the government will withdraw licences in case of failure to adhere to the regulation.
“After a trial period which will end on 31 December 2019, the buying houses that have passed the conditions will enter into a contract with the CAR government which will stipulate the due diligence sourcing protocols,” it said.
The presidential decree also stipulates severe conditions on foreign buyers whose licences will also be withdrawn in cases of non-compliance. 
CAR produced diamonds worth $2.3 million last year from a high of $62 million in 2012.

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