Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

Use it or lose it, Angola warns diamond exploration licence holders

22 november 2019

angola_flag.pngAngola has warned artisanal and semi-industrial diamond mining cooperatives that they will lose their exploration licences if they remain inactive for more than six months.
“Withdrawal of licenses is the solution if the decisions issued by the ministry are not followed,” Angolan secretary of state for geology and mines Jânio Correia Victor was quoted as saying by Macauhub.
Cooperatives will be now expected to make use of their exploration licences within six months of the issuance of the licence or risk cancellation.
They are also expected to send their monthly business activity reports to the Office for Semi-Industrial Exploration, as well as adopting measures to eliminate illegal mining and diamond smuggling.
Cooperative production was 24,766 carats between February and October 2019.
The sector produced 212,544 carats in 2018 compared with 465,122 carats in 2017.

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