Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

Botswana Diamonds’ Campbell on Zim jaunt: We are interested in Kaapvaal Craton

Botswana Diamonds and Vast Resources, recently signed a memorandum of understanding to prospect for diamonds in Zimbabwe. The two companies will exchange information derived from past exploration on areas prospective for diamonds in the southern African...

09 july 2018

Angola says artisanal diamond miners produced 935,000 carats in 2014

13 february 2015
Angola’s registered artisanal miners produced about 935 000 carats last year, a government official has said.
The southern African country produced 8.75 million carats of diamonds last year realising about 1.3 billion in revenue.
Geology and mining minister Francisco Queiroz told delegates at a mining conference in Cape Town that the artisanal output raked in $332 million and attracted an average price of $355 per carat.
The country indicated last year that it had granted mining passes or permits to 594 artisanal miners by end of 2013.
Angola had been battling to eradicate illegal diamond mining activities mainly by artisanal miners from the neighbouring Democratic Republic of Congo.
Meanwhile, Queiroz said Angola’s vast territory provides ideal geological features and mining potential that can lead to the discovery of new mineral deposits.
He said apart from diamonds, Angola had investment opportunities in 18 gold projects, 8 copper projects, 6 iron projects, 2 platinum projects and 1 uranium project among others.
Queiroz said the country’s mining code was “very competitive” and provides guarantee as well as protection to private investment.
“Our tax and customs regime are the lowest in Africa,” the minister said without providing figures.
“The country avails itself of infrastructure capable of supplying the demand of the mining industry.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished


Only registered users can add comments (Register, Login)