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

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

Coronavirus: Firestone suspends operations at Liqhobong Mine

26 march 2020

firestone_diamonds_logo.pngFirestone Diamonds has suspended operations at its Liqhobong Mine, in Lesotho for at least 21 days to safeguard its workforce and surrounding community from the coronavirus pandemic.
The company will, however, continue with essential care and maintenance services and security.
“The health, safety and wellbeing of the mine's workforce and surrounding community is of paramount concern to the company,” said Firestone.
“All staff on the mine may be especially vulnerable to an onset of the coronavirus due to the remote location of the mine and distance from expert medical care, high altitude and close proximity to one another in buildings on mine.”
Lesotho is landlocked by South Africa and the Liqhobong Mine is dependent on South Africa for a large portion of its essential mining supplies.
The South African government recently announced a 21-day national lockdown, effective midnight Thursday 26 March 2020 to midnight Thursday 16 April 2020, in order to contain the spread of the coronavirus.
Meanwhile, Lucapa Diamond also said that the lockdown in South Africa will also impact the ongoing operations of the Mothae kimberlite diamond mine in Lesotho, particularly on the flow of essential mining supplies and services across the border from South Africa. 
“After discussions with its partner, the government of the Kingdom of Lesotho, a decision has been taken to suspend mining operations at the Mothae mine, with appropriate security measures,” it said.
“Mining and processing operations can be restarted relatively quickly should a decision be taken to reopen the mine in the near-term.”

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