How Russkiye Samotsvety is coping with the current downturn

One of the key issues facing most Russian companies today is the need for an objective assessment of the new consumption decline due to the quarantine, as well as making forecasts for a way out of it. According to a RBC-Petersburg’s study made in June...

Yesterday

Global rough diamond sales down 80-90% in value in Q2 –Zimnisky

The COVID-19 pandemic, which is spreading across the globe, having originated from China’s Wuhan has left diamond traders and buyers at sixes and sevens. Traditional diamond tenders were cancelled around March as governments imposed travel restrictions...

27 july 2020

Indian diamond and polishing industry requires forward integration - Dinesh Navadiya

Dinesh Navadiya is now the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India for the 3rd term. He is also the Director on the Board of the Gem & Jewellery Skill Council of India (GJSCI)...

20 july 2020

GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Cameroon artisanal miners export 655 cts of diamonds in 2019

15 january 2020

Flag_Cameroon.pngArtisanal miners in Cameroon exported 654.6 carats of diamonds in 2019, according to the National Permanent Secretariat for the Kimberley Process.
KP issued seven certificates to the miners, generating more than XAF45 million ($76,335).
The secretariat said these exports do not reflect the country's real potential, as large quantities of Cameroonian diamonds continue to escape formal export channels.
It was quoted by Business in Cameroon as saying that although the artisanal miners exported 654.6 carats, they observed that the sector produced over 1,595 carats of diamonds throughout the year.
Much of the production was said to have ended up in informal channels, usually maintained by traffickers who dig the mining fields in the eastern region of Cameroon, which is the country's main mineral production basin.  

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