Innovation and automation can conquer any challenges

Rahul Gaywala, the CEO of STPL has been with the Sahajanand Group since 1993 and in his tenure with STPL, he has proved to be a hard-core innovator and technocrat intent on helping to transform the diamond trade from a labour-intensive industry to an...

06 april 2020

Memorial Foundation of Carl Fabergé continues to fulfill its tasks

Valentin Skurlov, Ph. D., who is an Honorary Academician of the Russian Academy of Arts, professor, scientific secretary of the Fabergé Memorial Foundation, consulting researcher studying the Fabergé heritage at the Russian department of the Christie's...

30 march 2020

Gaetano Cavalieri: We need to protect the long-term health of our industry

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

23 march 2020

Sierra Leone mulls setting up entity to buy diamonds from artisanal miners

Sierra Leone will revise its Mines and Minerals Act that will, among other issues, pave way for the establishment of a State entity that can buy diamonds from artisanal miners, an official has said. The National Minerals Agency of Sierra Leone director-general...

16 march 2020

David Block, CEO of Sarine Technologies believes that AI will play a bigger role in the industry in the next few years

Armed with an MBA degree from the Kellogg-Recanati School of Business, and a Bachelor's degree in Computer Science from the Tel Aviv-Jaffo Academic College in Israel, David Block is the present CEO of Sarine Technologies, a worldwide leader in the...

10 march 2020

‘Sierra Leone needs trustworthy mining partners’

05 february 2020

Sierra Leone, which experienced year of violence driven by the so-called blood diamonds, is now looking for “trustworthy” mining partners. 

MichaelGaida
Image credit: MichaelGaida (Pixabay)


President Julius Maada Bio said in his keynote address to this year’s Investing in African Mining Indaba, in Cape Town that the West African country is also open to credible, and patient investors who value fair and ethical business principles and practices.
“Business is not a zero-sum game and it should not be,” he said.
“Business is transactional in essence. Renegotiation and compromise are not dirty words in business. All we seek, as a country, is a cordial engagement in which all parties get to a meeting of minds on how best to re-shape and develop that investor-host country relationship so that we both have a win-win outcome.”
President Bio said if a deal does not look right and smell right, they would rather abandon it. 
“As a Government, we want patient and credible investor partners,” he said.
“We are not interested in players who speculate against what they argue are unproven reserves or unclear geological and technical data in order to wring out unfair deals.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished from Cape Town, South Africa