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

Zim projects drop in illegal diamond mining activities

22 november 2019

Zimbabwe is anticipating a drop in illegal diamond mining activities in Marange ahead of a new partnership between the local community, Vast Resources and the Zimbabwe Consolidated Diamond Company (ZCDC).
Vast and the Chiadzwa community had already established a joint venture called Katanga, which is set to join hands with the state-owned diamond company.
ZCDC chief security officer Ellias Mvere was quoted by local media as saying that 3 259 illegal diamond miners were arrested between January and November this year with locals constituting 79% of the arrests.
High unemployment, poverty levels and hunger were cited by local traditional leaders as major reasons pushing people into illegal diamond mining activities.
Meanwhile, ZCDC acting chief executive Roberto De Preto said their partnership with Katanga is imminent.
"ZCDC want to form partnership with locals in the mining of diamonds and the agreement is expected to be signed by the end of the year,” he said.
“We are close to sign a joint venture to establish a company called Katanga which is a joint venture between locals and a British capital listed company Vast Resources."
This was the first time the community will become an active shareholder in the mining of diamonds in the country.
Zimbabwe produced 2,8 million carats in 2018.

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