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

Liberia lacks means not commitment to fight ‘blood’ diamonds - report

18 september 2012

Liberia has dismissed a United Nations report, which alleged that it lacked commitment to fight the trade in blood diamonds, arguing that it lacked the means to do so instead.
"We are constrained by a capacity problem. That we accept. (But) the government does not lack the will," acting minister of lands and mines, Betty Blamo, was quoted by Reuters as saying.
"We do recognise that we do have challenges and we are putting into place measures to resolve some of these challenges ... But it is unfair to say that we have not done anything in that area."
She said that Liberia's steps to be part of the Kimberly Process included dispatching inspectors to monitor the trade and the demarcation of mining areas.
However, Liberia’s financial woes were set to mount as the United States had threatened to stop funding a programme to help the government improve its KP compliance.
The West African country also said that it exported 49 000 carats of rough gems last year worth $15 million.
"This tells you the chain of custody structure which we put into place is working. We were able to track about 60 percent of diamonds taken from Liberia ... no country can track 100 percent of diamonds," Blamo said.

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