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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...
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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
Lesetho grants amnesty to unlicenced small-scale diamond miners
Lesotho Times quoted commissioner of mines Pheello Tjatja as saying that there will be an amnesty to all persons currently holding diamonds illegally, but want to sell them with government’s assistance.
"We want to avoid false declarations of diamonds when small-scale miners eventually begin operations," he said.
"Failure to clear these diamonds could put us at the risk of being misinformed about the actual productivity of small-scale mining operations, which would negatively affect how they are developed going forward."
Tjatja said the mines ministry's legal team was developing the regulations that would guide the procedures that the dealers must follow in handing in their diamonds.
Meanwhile, the chairperson of the Lesotho Diamonds Association, Michael Molefe, has welcomed the move after local diamonds miners struggled for years to get recognition they deserved.
Currently, diamond mining is limited to large foreign investors and government has minority shareholding in these foreign owned diamond mines.
"This is a positive move that we have been awaiting for a long time. This can only be good for the country as allowing locals to enter the mining industry will create significant jobs and increase revenue generation for the government," said Molefe.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished