Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

Today

Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

Endiama plans $200mln investment to boost Angola diamond output

03 december 2019

logo_endiama-2.pngAngolan state-owned diamond mining company, Endiama is set to inject $200 million into its operations next year to lift national output from 11.3 million to 13.8 million carats.
Company chief executive Laureano Paulo was quoted by Angop news agency as saying that investments previously made saw the company producing 6.1 million carats in 2017, 8.8 million in 2018 and is expected to realise an output of 11.3 million carats this year.
He said Endiama will invest $1 billion over the next five years.
Paulo said the financial needs for the company will likely rise to between $2 billion and $3 billion per year as new projects come on stream.
The Angolan Development Bank and VTB Africa, which is part of the Russian group VTB, were among the few financiers of the diamond sub-sector in Angola.

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