Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

25 october 2021

Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

RioZim’s Murowa Q1 diamond output slides 61%

20 may 2020
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Image credit: Murowa Diamonds

Murowa Diamonds’ first quarter output for the year 2020 eased by 61% compared to the same period, a year earlier, according to the local media citing RioZim.
The Chronicle report could not provide the amount of carats produced during the period under review.
RioZim was yet to post the quarterly results on its website.
“The lower volumes were attributed to inconsistent power supply during the period. There have been no significant disruptions to production as a result of the Covid-19 pandemic across the group,” RioZim was quoted as saying.
“However, the threat to the group’s raw material supply chain, which is predominantly imports, remains a key business risk as stringent cross border controls continue to be enforced in various countries.”
Murowa recorded a 7% regression in production to 685 000 carats in 2019 from 740 244 carats produced in the comparative period in 2018.
The low production was attributed to intermittent power supply which resulted in lost production running time.
Despite the low volumes the diamond mine contributed positively to the group with a share of profit of ZWL$22.9 million.

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