African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

NMDC to mine multibillion-dollar diamond deposit in MP-India

13 january 2020

State-owned Indian miner NMDC is poised to win a multibillion-dollar contract to explore and mine diamonds at a large project abandoned by global miner Rio Tinto, as per media reports. The Madhya Pradesh state government has asked NMDC to explore the Bunder deposits, which could contain millions of carats of diamonds. The state government last month awarded a smaller portion of the deposit to Essel Mining & Industries, part of Indian conglomerate Aditya Birla Group. That area was valued at about $9 billion, according to estimates by Rio Tinto and the state government. 
Neeraj Mandloi, principal secretary at the state's Mineral Resource Department said: "Our geological survey has shown that the entire area, which has largely remained unexplored, is rich in diamonds," Mandloi said of the Bunder deposit, adding that its output could be in the billions of dollars. "We have requested NMDC to do a composite role of exploring and mining and the company has shown a preliminary interest."
Madhya Pradesh, the only diamond mining region in Asia, could be among the world's top ten diamond producers, studies have shown.
NMDC already mines in the neighbouring Majhgawan mine at Panna, Madhya Pradesh, where the company has extracted about 1 million carats of diamonds. The State has also asked NMDC to explore and mine diamonds in several other blocks, Mandloi said. NMDC is enthusiastic and looking forward to taking on another mine in Madhya Pradesh.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished