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

An opportunity to show your products and occupy your niche

Recently, GOLDNET.MARKET, the first jewellery wholesale marketplace, appeared on the Russian jewellery market. Vladimir Pilyushin, one of the founders of GOLDNET.MARKET, editor-in-chief of the ‘Russkyi Yuvelir’ (Russian Jeweller) magazine...

14 december 2020

Zim state-owned diamond firm approaches court to save seized vehicles – report

23 january 2020

zcdc_logo.pngThe State-owned Zimbabwe Consolidated Diamond Company (ZCDC) has approached the High Court seeking to save its vehicles that were seized over a $1.2 million debt allegedly owed to Minexus Minerals.
The diamond company told the court that it settled the debt in 2018, but the Sheriff went on to attach the vehicles.
"I am made aware that the execution process is used to recover outstanding debts only not a debt that has been satisfied like the first respondent (Minexus Minerals) is eager to do," ZCDC company secretary, Samukeliso Ndebele was quoted by New Zimbabwe.com as saying in a founding affidavit.
"I humbly seek that the writ of execution be declared satisfied as the judgement debt was paid in full and the applicant is no longer indebted to the first respondent.” 
He said Minexus Minerals continuously threatens to instruct the Sheriff to attach the company’s assets despite the settling of the debt.

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