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...

Today

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

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27 september 2021

Angola H1 diamond revenue falls

05 june 2020

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Image credit: Endiama


Angola’s diamond revenue has dropped in the first half of the year, according to the governor of the National Bank of Angola, José de Lima Massano.
Weekly Mining Angola reports that the central bank head revealed this information recently while speaking to ministers during an economic council.
Although he didn’t provide figures and factors behind the fall in revenue, the diamond industry had been recording weak demand and sales across the globe.
Angola, which was this year expected to produce 10 million carats is set to reduce its diamond output target by 2 million carats due to limitations imposed as a result of the coronavirus pandemic.
Prior to the pandemic, Endiama was working on boosting its production to position itself as one of the top three largest diamond miners in the world. 
Angola earned about 1.3 billion from just over 9.44 million carats of diamonds sold in 2019.

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