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Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

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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

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

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An opportunity to show your products and occupy your niche

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14 december 2020

Angola makes progress towards establishment of diamond hub, bourse

09 june 2020

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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