Consumers attracted to diamond jewelry more than ever

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 september 2020

WDC actively supports initiatives from mine to retail; and also strives for support for the artisanal and small-scale miners - Edward Asscher, President, World Diamond Council

A member of one of the diamond industry and Amsterdam’s most well-known families, Edward Asscher was elected President of the World Diamond Council in June 2020 for a two-year term. Asscher is serving a second time as WDC President, having led the organization...

14 september 2020

Diamonds are one of the few things that have held human fascination in every nook and cranny of the world across time

Dr Usha R. Balakrishnan, a preeminent historian of Indian jewellery based in Mumbai, is Chief Curator of the World Diamond Museum. Being the author and co-author of several volumes of Diamonds Across Time, a new book and an important venture launched...

11 september 2020

Botswana Diamonds to bulk sample KX36 kimberlite, sees commercial potential

Botswana Diamonds recently acquired Petra Diamonds’ exploration assets in Botswana for $300000. The assets that were owned by Petra through its wholly-owned Sekaka Diamonds Exploration, include the KX36 project, a 3.5 hectare kimberlite that was a new...

07 september 2020

Indian diamond industry looks for recovery options

Webinars being the order of the day due to COVID-19 crisis, the Gem & Jewellery Export Promotion Council (GJEPC) of India organized a virtual meeting under its UNCUT 2020 Webinar series on 17 August 2020, inviting all stakeholders to discuss...

31 august 2020

Zimbabwe earns $142 mln from 10-month diamond sales

28 november 2019
mmcz_logo.pngZimbabwe accrued $142 million from diamond sales for the 10 months to October, 2019, according to the state-owned Minerals Marketing Corporation of Zimbabwe (MMCZ).
MMCZ general manager Tongai Muzenda could not disclose the carats sold during the period under consideration.
Zimbabwe is expected to conduct a diamond auction of 500 000 carats before the end of the year.
The country currently had a stockpile of 3 million carats having suspended diamond trading for the better part of the year due to what the Minerals Marketing Corporation of Zimbabwe (MMCZ) general manager Tongai Muzenda dubbed “administrative issues”.
The country sold 316 000 carats at its September auction, which attracted buyers from Belgium, Dubai, India, Israel and South Africa.
Zimbabwe expects to produce 4.1 million carats of diamonds this year compared with 3.2 million carats in 2018.

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