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

Angola makes progress towards establishment of diamond hub, bourse

09 june 2020

news_09062020_sodiam.png
Image credit: Sodiam (Facebook)


The Angolan government has plans to further develop its industry specific market infrastructure and efforts to optimise as well as expand its services to the global diamond trade through the establishment of an Angolan Diamond Hub and an Angolan Diamond Bourse, according to mineral resources minister Diamantino Pedro Azevedo.
State-owned diamond trader, Sodiam said the main ambition of the Angolan Diamond Hub will be to provide the platform that will put the flow of diamonds mined in the country under one roof.
The diamond hub will include a Gemmological Academy, a Technological Research Centre and will be embedded in a Free Trade Zone.
“In the new framework the Angolan Diamond Bourse, therefore, comes under the supervision of Sodiam,” it said.
Meanwhile, industry expert Peter Meeus, who was recently engaged by the Angolan government to help reform the diamond sector, said he was looking forward to working with Luanda and Sodiam to explore how the Angolan Diamond Bourse can further assist diamond companies worldwide in expanding their activities.
Angola currently has 14 diamond mining projects. 
Catoca Mine remains the largest diamond mine in the country as it produces 61% in value of the total Angolan output.
It is estimated that 40% of Angola’s kimberlite have so far been discovered, while experts believe that there is a high potential for finding others. 

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