How Russkiye Samotsvety is coping with the current downturn

One of the key issues facing most Russian companies today is the need for an objective assessment of the new consumption decline due to the quarantine, as well as making forecasts for a way out of it. According to a RBC-Petersburg’s study made in June...

Yesterday

Global rough diamond sales down 80-90% in value in Q2 –Zimnisky

The COVID-19 pandemic, which is spreading across the globe, having originated from China’s Wuhan has left diamond traders and buyers at sixes and sevens. Traditional diamond tenders were cancelled around March as governments imposed travel restrictions...

27 july 2020

Indian diamond and polishing industry requires forward integration - Dinesh Navadiya

Dinesh Navadiya is now the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India for the 3rd term. He is also the Director on the Board of the Gem & Jewellery Skill Council of India (GJSCI)...

20 july 2020

GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Diamonds, gold found in Nigeria

13 october 2011

The Department of Resource Development in Nigeria’s Katsina State recently found diamond and gold deposits in the area.
Afriquejet quoted the state’s governor Ibrahim Shehu Shema as saying that iron ore deposits had also been discovered in the area.
He said diamonds were discovered after exploration in Kafur, while gold was found in Jibiya, Safana, Faskari, Kankara, Danmusa, Sabuwa, Bakori, Dutsinma, Batsari and Malumfashi local government areas of the state.
The Nigerian government had already invited interested investors to partner with the Katsina State to exploit diamonds, gold and iron ore.
"The government is pushing for a private, public partnership to exploit the full potentials of these minerals in the state," Shema said.
Nigeria was mainly known for being the leading crude oil producer in Africa.

Mathew Nyaungwa