“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

TaTe Diamonds - a Namibian diamond company specialized in Namibian rough

Armed with degrees in Economics and Commerce and an MBA - specialized in Strategic Planning & Business Development, taShi Shiimi-ya-Shiimi is an executive, possessing many years of global experience in Information Technology and Strategic Management...

27 april 2020

Endiama comes to the rescue of alluvial diamond miners

22 may 2020

logo_endiama-2.pngAngolan state-owned diamond company, Endiama has acquired earth moving equipment worth $10 million to reduce operating costs of companies involved in alluvial diamond mining, according to the local media.
Diamond companies were forced to shut down their operations and halt sales due to lockdowns introduced to contain coronavirus. 
Endiama Mining director general Pedro Galiano was quoted by Angop news agency as saying that the world diamond output dropped by about 50% since March to date compared to the same period last year.
He said that the Angola would register lower revenue from diamond sales this year should the pandemic continue.
Angola sold 1.5 million carats at an average price of $155.3 per carat in the first half of 2019, resulting in a gross revenue of $232.9 million.
Endiama said last week that Angola will this year produce 8 million carats from the initial target of 10 million carats.
The country produced 9.2 million carats in 2019.

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