“With technology all information is immutable and Blockchain cannot be compromised,” reassures Erik Jens, CEO, LuxuryFintech

When Erik A Jens quit ABN AMRO as global CEO of its diamond and jewellery client division, he started his movement called LuxuryFintech, which provides services such as commercial and corporate banking solutions for the art and jewelry sector, and asset-backed...

Yesterday

Diamonds across time

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Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

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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...

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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

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