Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

SA diamond symposium returns after nine-year hiatus

07 june 2023
The 2023 Kimberley International Diamond Symposium (KIDS) will be held in Kimberley, South Africa, on August 24 and 25.
The most recent KIDS was held in 2014. 
The conference, co-hosted by the South African Diamond Producers Organisation (Sadpo) and the Geological Society of South Africa (GSSA), will focus on research and new technologies being used in all aspects of the business, including diamond prospecting and mining.
“The conference comes at a time where there's a lot of uncertainty in the international diamond industry,” Sadpo vice chairperson Lyndon de Meillon was quoted as saying by Mining Weekly.
He said they strive to address burning issues in the diamond industry, both locally and internationally, by inviting relevant experts in the field to not only share their views but also participate in panel discussions.
Diamond industry analyst Paul Zimnisky will open the conference with a keynote address.
Meanwhile, De Meillon said the tough global economic conditions are contributing to greater demand for lab-grown diamonds, placing added pressure on the natural diamond market.
“In difficult economic times, it becomes more and more attractive to look at lab-grown diamonds. You can buy a maybe 1 ct diamond for half the price or less than the natural diamond equivalent. When the economy turns bad and people struggle, they look at the cheaper options,” he said. 
“The South African government's inability to manage the mineral resources of South Africa to anyone's benefit is now the biggest threat to the junior mining sector in general and very specifically to the junior diamond mining sector.”

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