Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

Today

Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

21 december 2020

ALROSA set to get 70% stake in Zim diamond project – report

17 december 2019
Russian and global diamond giant, ALROSA is set to own a 70% stake of its joint venture with the state-owned Zimbabwe Consolidated Diamond Company (ZCDC), according to the local media.
State-broadcaster, Zimbabwe Broadcasting Corporation (ZBC) reports details of the joint venture between ALROSA and ZCDC will be finalized this month.
Zimbabwe previously barred foreign-owned companies from earning more than 49% in diamond and platinum projects.
However, Harare decided to drop its indigenisation policy following the deposing of the late president Robert Mugabe in 2017.
ALROSA and ZCDC inked a deal last July to explore and mine diamonds in Zimbabwe.
ALROSA chief executive Sergey Ivanov previously said his company will invest an initial $12 million in the venture.
According to him, ALROSA sees a lot of potential and will invest more in the coming years depending on the outcome of the exploration.

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