Mmetla Masire: Okavango to resume diamond sales in January

Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...

18 november 2024

Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

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...

11 november 2024

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...

28 october 2024

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

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

Angola hunts for independent valuators of rough diamonds

26 february 2020

angola_flag.pngThe government of Angola is looking for three independent valuators to assort, value and determine the reserve prices of Angolan rough diamonds prior to their commercialisation.
The contracting entity will be the mineral resources ministry, which is responsible for the implementation of the rough diamond marketing policy in the country.
The move was part of the changes brought to the diamond industry by the government of president Joao Lourenço.
Ministry general secretary Américo Miguel da Costa said the valuators will help the country get a fair market price for its rough diamonds.
“Service agreement contract shall be given to those candidates whose proposals are considered to be economically and technically more beneficial and who demonstrate the necessary skills...,” he said.
Interested valuators will be expected to folk out $2500 for the tender.
Submitted proposals shall be opened in a public event to be held on 7 April 2020. 
Angola earned about 1.3 billion from just over 9.44 million carats of diamonds sold in 2019.
Angola is projecting an output of 14 million carats in 2020.

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