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Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

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Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

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Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

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14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

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07 october 2024

De Beers’ Namibian unit offloads Elizabeth Bay Mine – report

14 february 2018
Namdeb, a 50/50 joint venture between the Namibian government and De Beers, is selling its Elizabeth Bay Mine located along the southwestern coast near the town of Luderitz, according to a news agency.
The mine produced about 200,000 carats last year and employs close to 160 people.
“Following a recent review, it was concluded that the best way to secure a longer future for the mine, beyond the current projected 2019 life, is to find a more suitable operator,” Namdeb spokesperson Pauline Thomas was quoted as saying by Reuters.
An unnamed union official said last October that Namdeb planned to close four mines by 2022 as the company searches for higher-value gemstones offshore.
Land-based diamond deposits had depleted.
Apart from Elizabeth Bay Mine, the company wanted to shutdown Daberas, Sendelingsdrift and Southern Coastal.

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