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

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

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

De Beers opens new sightholder sales, rough diamond sorting facility in SA

25 may 2023
De Beers has opened its new rough diamond sorting, valuation and sales facility in South Africa’s Gauteng Province.
The Sky Park facility is part of the group’s global sightholder network that sells rough diamonds in Botswana, Canada, Namibia and South Africa.
It has two floors comprising sightholder offices, hand and machine sorting areas, a training academy and a diamond cleaning plant.
“That’s what this facility represents. It’s filled with diamond experts, diamond technology and diamonds,” De Beers chief executive Al Cook was quoted as saying by Mining Weekly.
De Beers sells more than 40% of its South African diamond production to clients who have set up local cutting and polishing operations.
It is also supporting the growth of small South African-owned beneficiation companies.
“It’s why we have established this new facility here at Sky Park. The relocation of this capability supports the government’s strategy to consolidate the country’s mineral beneficiation sector,” said Cook.
“With the inauguration of our operation here, we aim to work with the government and with wider industry to encourage the growth of a South African diamond business hub that stimulates development of the local diamond sector, generating creativity and economic opportunity through sharing ideas and sharing expertise and bringing local skills to an international audience.”

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