Lab-grown diamond jewellery sales to breach the 10% mark for the first time this year – Zimnisky

The supply and demand for man-made diamonds had been on an increase in recent years, much to the discomfort of the natural diamonds industry. Some companies in the mid-stream segment of the natural diamond industry are now involved in the lab-grown business...

28 november 2022

Diamond mining and diamond synthesis: Which is more efficient?

Vladislav Zhdanov - Professor at the National Research University Higher School of Economics and former Vice President of ALROSA (2015-2018). He is a physicist by profession. Vladislav Zhdanov was educated at the Ural Federal University (General...

21 november 2022

The success of TAGS over the past 5 years has encouraged many large tender houses to establish regular and sizeable tender operations in Dubai

Mike Aggett is an experienced Private Consultant with a demonstrated history of working in the mining and metals industry. Skilled in Luxury Goods, Business Planning, Sales, Gemology, and Jewelry, Mike is a professional who graduated from Dover College...

14 november 2022

It all starts with stones - it is they that give impetus, determine the image and embodiment

Maxim Selikhov is the founder of the SelikhoV Diamonds brand launched in 2006, and the company manufactures unique handmade jewellery with rare high-quality gemstones. He is also known as a collector of unique and large-size jewellery stones who considers...

07 november 2022

‘Our technologies – CVD machines and growing technology – are game changers’, asserts Arnaud Flambeau, Executive Chairman, 2DOT4 Diamonds LLC

Arnaud Flambeau is the Executive Chairman of ‘2DOT4 Diamonds LLC’, Dubai, a fully integrated lab-grown diamonds company. The Company provides rough 'as grown' diamonds, in-house polished IGI certified loose polished diamonds and high-quality...

31 october 2022

Endiama puts an end to “abuses” at Catoca

20 december 2021
Endiama E.P., the Angolan diamond prospecting, exploitation, cutting and marketing company recently informed its AlRosa counterpart of its decision to end the rotating presidency pattern and discontinue the Supervisory Board at Sociedade Mineira de Catoca.
Sources familiar with the situation said that this intention is irreversible and that the Institute for the Management of State Assets and Participations (Gestão de Activos e Participações do Estado, IGAPE), as representative of the State shareholder in public companies, has also been informed about the matter.
At the heart of the differences, Endiama alleges successive interference and insubordination by entities linked to AlRosa, which do not obey to the authorities designated by the Angolan counterpart, in a clear disrespect and violation of national sovereignty.
The procedure, according to Endiama, threatens the fulfillment of the outlined objectives, which is why the diamond company makes it known that it will oppose all the decisions taken so far by the joint body.
"Endiama sees itself under the duty and obligation to reverse the concessions made so far, as our good faith has been used to implement a system that clashes with our institutional duty to help the State preserve sovereignty over the mineral resources”, the source added.
Sociedade Mineira de Catoca Lda is an Angolan company engaged in prospecting, exploring, recovering and marketing diamonds, formed by Endiama (Angola) with 41 percent, Alrosa (Russia) with 41 percent and Lev Leviev International – LLI ( China) with 18 percent.
Catoca is the fourth largest open-pit mine in the world and the largest company in the diamond subsector in Angola, being responsible for extracting more than 75 percent of Angola's diamonds. The Catoca diamond mine, or simply Catoca mine, is a diamond mine in operation since 1996. It is located in the territory of the municipality of Saurimo, province of Lunda-Sul. The mine occupies an area 639 000 square meters and employs more than 3,300 employees.

Vladimir Malakhov, Rough&Polished