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

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

Botswana ends 48-day lockdown as borders remain closed to foreign diamond buyers

21 may 2020

Botswana ended a 48-day lockdown at midnight on Wednesday, a move that will see all businesses reopen, but under strict conditions, according to media reports.
The diamond-rich Southern African country had previously allowed sectors such as mines to operate, according to Reuters.
Botswana’s latest move will not bring much joy to De Beers, which conducts monthly diamond sales in Gaborone as a ban on foreign visitors was maintained.
De Beers has so far this year conducted only two Sightholder sales in Gaborone.
It cancelled the last two Sights and provided its customers with 100% flexibility to defer their purchases. 
However, the group recently introduced a new selling proposition known as the Buy Platform, which will give its registered buyers access to diamond purchases at any time in light of the current COVID-19 situation.  
The new selling proposition, it said, was an e-commerce offering where registered buyers can make an immediate, direct and straightforward purchase from a range of rough diamonds at any time and from anywhere, providing them with a further purchase option in addition to the existing limited-time auctions offering.  
Botswana has so far recorded 29 COVID-19 infections and only one person succumbed to the virus.
"Depending on the coronavirus disease pattern, a return to lockdown will remain an option,” COVID-19 Task Force Coordinator Dr Kereng Masupu was quoted as saying in a televised briefing.

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