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

ZCDC mulls international diamond sale

03 december 2019

news_19072019_zcdc.pngState-owned Zimbabwe Consolidated Diamond Company (ZCDC) is planning international diamond auctions next year to boost sales volumes.
The planned 11 international tenders will also be conducted in Asian cities, according to Bloomberg citing acting chief executive Rob de Pretto.
“All those big companies like De Beers and Alrosa are also doing it, so we must also be there with them,” he said.
“Harare is not a choice with many international buyers. By going to Dubai, Hong Kong, Antwerp and all those places, that is where the international buyers are.”
Diamond tenders are conducted by the Minerals Marketing Corp of Zimbabwe.
MMCZ offered 316 000 carats at its September tender in Harare, which attracted buying interest from Belgium, Dubai, India, Israel and South Africa.
ZCDC lowered its diamond production forecast for 2019 by 24% to 3.1-million carats, expects output to rise to 6.12 million carats next year. 

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