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

Covid-19: ODC suspends rough diamond sales

20 may 2020

ODC_logo.pngBotswana’s state-owned Okavango Diamond Company (ODC) has temporarily suspended its rough diamond sales due to the impact of the coronavirus pandemic.
"The company has since taken the decision to cancel its sales, which were originally scheduled during both April and May," ODC managing director Marcus ter Haarhe was quoted as saying by Mmegi.
“…we are looking at a very delicate market, which has a number of factors requiring correction before any discernible recovery can take place.” 
He said these dependencies included the easing of restrictions for consumers, rough buyers, regulators, producers, and the global movement of people and goods.
Most countries, including Botswana have closed its borders to avoid the spreading of Covid-19.
ODC, which sources diamonds from Debswana, temporarily closed its offices and its employees were working from home.  
The diamond company was however concluding its ramp-up plan to allow specific activity to resume.  
ODC was said to have earned $31.16 million from the March sale, which took place prior to the lockdown.
The highest value recorded in a single stone was that of a 102 carats sold at $641,500.

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