Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

09 december 2019

Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

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...

18 november 2019

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

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