Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

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

Zim targets $1bln diamond sector by 2023 as Anjin, ALROSA jolt into action

23 march 2020

zimbabwe_flag.pngZimbabwe is expecting the diamond sector to contribute $1 billion towards the targeted $12 billion mining revenues by 2023, according to a senior government official.
Mines and mining development minister Winston Chitando was quoted by the State media as saying that the diamond sector realised $165 million in 2019 compared to $98 million in 2018. 
He said “interventions” were being put in place to ensure the diamond industry boosts output starting this year moving towards achievement of the $1 billion mark by 2023.
“In line with diamond policy, Anjin Investments has started production and Alrosa Diamonds, which is the largest producer of diamonds in the world and is already on the ground evaluating several sites to commence production,” said Chitando.
“Government is working on improvements of the marketing framework.”
He said the State-owned Zimbabwe Consolidated Diamond Company (ZCDC) was also expected to gradually increase production. 

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