Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

Today

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

12 firms clandestinely extracting diamonds in Marange – report

28 april 2020

Zimbabwe is losing “billions of dollars” through clandistine diamond mining in Marange by unnamed 12 companies, highly placed sources within the Zimbabwe Consolidated Diamond Mining Company (ZCDC) and ministry of mines have alleged.
Top serving and retired military officers, including some influential government and ruling Zanu PF officials were said to be shareholders, directors and chief executive officers in the respective 12 diamond mining entities.
“The 12 mining companies have made easy the siphoning of billions of dollars in Chiadzwa diamond revenue into the pockets of some powerful individuals,” an unnamed source was quoted as saying by Zim Morning Post.
Another source claimed that ZCDC was instructed to enter into agreement with the 12 mining companies.
Centre for Research and Development (CRD) director James Mupfumi said the move to ‘sneak’ the 12 mining companies into ZCDC to explore and mine diamonds raised a lot of suspicion.
“The first thing we want to ask is why the agreements had a non-disclosure clause? What are they hiding? The whole process lacks transparency and accountability,” said Mupfumi.
“Why were the agreements not openly done? From our investigations, we have gathered that the companies have been awarded mining concessions secretly, opening diamonds to plundering.”
He implored Parliament to hold accountable Mines minister Winston Chitando for what has led to ZCDC entering into non-disclosure agreements with the 12 mining companies.
Zimbabwe, through ZCDC, is planning to more than triple its diamond output to 11 million carats by 2023 from 3.2 million carats in 2018.   

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