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

Debmarine Namibia recovers from 2008 slump, set to boost output

27 august 2012

De Beers Marine is this year set to boost diamond output at its operations off the coast of Namibia following a slump in 2008.
Cape Business News quoted Debmarine Namibia spokesperson Stella Auala as saying that the company was currently operating at 100 percent of its fleet capacity with a total of five mining vessels.
She said Debmarine Namibia was also focusing on increasing resource development capacity, as a result of an increase in the production fleet.
The company’s mining license area covered a total area of about 6,000 square kilometers and had since 2006 produced 1 million carats per annum until the 2008 slump.
Debmarine Namibia produced 990,000 carats last year and indications were that the 1 million carat mark would be surpassed this year, CBN reports.

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