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...

Yesterday

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

Angola’s annual diamond output to reach 14Mcts by 2022 – report

28 october 2019

angola_flag.pngAngola is planning to produce 14 million carats of diamonds by 2022 when the Luaxe mine in Lunda Sul province starts its operations, according to a news report citing Endiama.
The country produced 9,4 million carats last year.
Luaxe kimberlite, which was discovered in 2009, has an estimated reserve of 350 million carats.
Angola’s national diamond company, Endiama president Ganga Júnior was quoted by Macauhub as saying that they will expedite the process of building the facilities required to extract and process the diamonds as the kimberlite is “strategic”.
He said this will initially cost between $250 million and $300 million. 
Júnior said that production at the Luaxe mine, which is owned by Endiama and Alrosa, will be developed in phases to achieve a processing capacity similar to that of the Catoca mine.
Catoca produces more than 80% of Angola’s total output in volume terms.

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