Demand for large lab-grown polished diamonds will grow in high-income countries

Anastasia Shramko is an expert in precious stones, rough and polished diamond market, and an analyst. She is an author of the course “Lab-Grown Diamonds: Gemology and the Market” conducted on the site and in collaboration with the GemAcademia (International...

23 may 2022

Waiting for Godot?: Botswana Diamonds awaits Zim kimberlite concessions application outcome

Diamond explorer, Botswana Diamonds applied for kimberlite concessions in the Northwest of Zimbabwe in late 2020. Company managing director James Campbell told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that they are still waiting for...

16 may 2022

“The demand far exceeds the supply,” says Dev Shetty, Founder-President & CEO of Fura Gems

In 2017, after a decade as chief operating officer and board member at Gemfields a coloured gemstone mining company, Dev Shetty took the courageous step of starting, from scratch, a mining company. He named it FURA Gems. Today, it is one of the largest...

09 may 2022

Igor Kulichik: The diamond market is now in the initial phase of turbulence

Igor Kulichik is a well-known expert in the diamond market. He has worked in the diamond industry for 20 years: he was CFO of ALROSA from 2002 to 2017, and a member of the Board of Directors of AGD Diamonds from 2018 to 2022. He is also a member of the...

02 may 2022

There is a classic phrase: “Art is an Ambassador of Peace.” And this is true

Chief Expert of the Gokhran (State Valuables Depository) of Russia Veronika Voldaeva, Art History Ph.D., Honored Worker of Culture of the Russian Federation, author and compiler of the decorative and applied section of the Gokhran’s collection...

25 april 2022

Zim steel manufacturers back chrome ore export ban

17 january 2022
The steel manufacturing sector in Zimbabwe has backed the government’s decision to ban the export of chrome ore as this will help them secure ferrochrome at lower prices.
Harare announced the chrome ore and chrome concentrate export ban in August last year.
However, the chrome concentrate export ban will come into effect in July this year.
“Zimbabwe foundries will be able to get all grades of ferrochrome at better prices as opposed to current high import cost,” Institute of Zimbabwe Foundries president Itai Zaba was quoted as saying by The Herald.
“This means we will lower our cost of production and make our products cheaper on the market.”
He said the ban will also help Zimbabwe beneficiate its chrome ore.
Zimbabwe has the world’s second-largest reserves of chromium ore after South Africa.
It is believed to have deposits of about 10 billion tonnes, which is 12% of the global total reserves.

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