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...

Today

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

Botswana delays Okavango Blue diamond sale

23 march 2020

ODC_logo.pngBotswana’s State-owned diamond trader, Okavango Diamond Company (ODC) has delayed the auction of its Okavango Blue diamond due to the uncertainty in the diamond industry.
“The state and health of the diamond market as well as the general global economic climate are important factors influencing the timing of the sale of the Okavango Blue,” ODC spokesperson Dennis Tlaang was quoted as saying by BusinessWeek. 
“With the undesirable global impact of the COVID-19 crisis and associated uncertainty in the diamond industry, we will be monitoring the situation closely but have not yet committed to a specific date.”
The 20.46 carat blue diamond was recovered at Debswana’s Orapa Mine in 2018 and was named in honour of the Okavango Delta, the country's wildlife-rich world heritage site. 
ODC said the diamond was one of the rarest stones in the world and "sits in the very top bracket of all-time historical blue diamond finds". 
The oval-shaped stone was the biggest blue diamond ever discovered in the southern African country.
Botswana was the largest diamond producer in the world after Russia.

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