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...

Yesterday

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

Southstone produces 94 diamonds at Oena in Q2

06 april 2021
Southstone Minerals (SML) says it produced 94 diamonds weighing 144.24 carats at its Oena Diamond Mine in South Africa during the second quarter of the fiscal year 2021.
It said the diamonds recorded an average price of $1,105 per carat.
In the first quarter, SML's operations were at 38% of capacity due to holiday-related breaks, COVID-19 related matters and extremely high water in the Orange River which prevented access to the Sandberg area for much of the period. 
"There is currently one mining contractor on-site with four pan plants, of which two are currently in operation, to process run of mine (ROM) material and one Bourevestnik unit used for diamond recovery," it said.
"Mining and processing of ROM material only occurred from Oena area during the period…"
Diamonds sold at Oena during the first quarter include an 8.47 carat, which was snapped for $30,797 or $3,636 per carat, a 6.22 carat for $20,155 or $3, 233 per carat and a 7.77 carat for $11,027 or $1,418.
Meanwhile, Southstone said production at the Gumrock Joint Venture during the second quarter of 2021 operated at greater than 47% of capacity due to significant delays caused by rain. 
The joint venture produced 18 diamond weighing 26.36 carats in the second and third quarter valued at an average price of $962 per carat.

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