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

A 10.69 carat diamond found at Panna mines in India

24 july 2020
panna_diamond.pngLocal government authorities have revealed that a 10.69 carat diamond has been retrieved from a shallow mine in the town of Panna, in the Indian the state of Madhya Pradesh. The stone, which was found by a mine worker named Anandilal Kushwaha, could fetch a whopping $66,997 when auctioned, according to media reports.
R K Pandey, the District Diamond Officer, acknowledged that while smaller diamond pieces are being found in the area frequently, this particular piece is a “special find”. Once auctioned, the proceeds from the precious stone would be handed over to the depositor, after the deduction of taxes and government royalties.
Mine worker Kushwaha, who dug up the gem, had another major win earlier this month when he unearthed a 70-cent diamond from one of the mines.
Now, for his second one a team of eight more workers assisted Kushwaha, and the labourer will be distributing his share from the diamond auction equally with his other team members.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished