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

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

Namdeb re-opens Elizabeth Bay mine after two years of hiatus

17 january 2012

Namibia’s main diamond producer, Namdeb has resumed operations at its Elizabeth Bay mine south of Luderitz after two years of hiatus.
The company manager of northern coastal operations Tony Bessinger was quoted by The Namibian Economist as saying that the mine had been under rehabilitation with a mining optimisation exercises having been carried out to ensure effective recovery of diamonds.
"We have started, and operations are still ramping up to full capacity," he said.
Meanwhile, Bessinger said Namdeb had sampled and developed new areas to mine, which had great potential.
"Elizabeth Bay Mine is on the brink of possibly its best period ever, with the exception of the 1920s when the miners didn't have to work very hard to get the surface diamonds at Elizabeth Bay," he said.
Meanwhile, a geologist at the mine, James Alexander, said it was estimated that there were about 2.7 million carats at the Elizabeth Bay mine.
He said they had plans to produce just over 300,000 carats at the mine this year.
The mine reached similar levels of production in 2007 when it produced about 340,000 carats.

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