Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

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

DRC demands international embargo on Rwandan mineral exports

17 may 2024

The Democratic Republic of the Congo (DRC) has demanded an international embargo on mineral exports from neighbouring Rwanda, whose government it accuses of stealing its natural resources with the help of rebel groups.

Bloomberg quoted mines minister Antoinette N'Samba Kalambayi as saying that all mining products originating from Rwanda ought to be classified as "blood minerals" due to allegations that their trade contributes to the ongoing conflict in eastern Congo.

“All stakeholders, including end consumers of mining products,” should commit to a responsible supply chain, and “an embargo be decreed against Rwanda,” she said.

The minister made this appeal following the M23 rebel group's capture of Congo's major tantalum mines earlier this month—a critical mineral in portable electronics.

According to Congo and United Nations experts, Rwanda is supporting the M23 and is currently receiving and storing the smuggled tantalum for future sale.

Rwanda has denied any assistance for M23.

A government spokesperson, Yolande Makolo, said that the Congolese government's "security and governance shortcomings" are being concealed through "a scapegoating tactic" involving charges that Rwanda is taking resources.

For decades, the minerals of Eastern Congo have been a source of conflict fuel, and international efforts to block the flow have been largely unsuccessful.

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