Mmetla Masire: Okavango to resume diamond sales in January

Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...

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Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

Lucara lauds diamond supply deal with HB as it calls industry sales chain ‘broken’

12 august 2020

Lucara Diamond, which wholly-owns Karowe Mine in Botswana, is blowing its own trumpet for securing a rough diamond supply deal with the HB, which is expected to reduce price discounts and boost cash flow.

AWDC and IDI to host second online diamond trade show in September

12 august 2020

The 'virus-free' trade show co-organized by the Antwerp World Diamond Center (AWDC) and the Israeli Diamond Institute (IDI) will take place from 14 to 17 September on the Virtual Diamond Boutique trading platform.

Petra postpones publication of audited financial statements

12 august 2020

LSE-listed Petra Diamonds has secured a temporary relief from the UK Financial Conduct Authority (FCA) to postpone the publication of its audited financial statements for the financial year ending 30 June 2020 to 17 November 2020.

Lucara H1 revenue plummets

11 august 2020

Lucara Diamond has realised revenue of $41.6 million or $268 per carat for the six months ended June 30, 2020 from the sale of 155,158 carats mined at its wholly-owned Karowe Mine, in Botswana.

Dunebridge Worldwide’s support assists miner stay afloat

11 august 2020

Mountain Province Diamonds, the Canadian mining company headquartered in Toronto, had reported Q2 losses of $21.8m as COVID-19 had brought demand down drastically. The miner was not able to hold any formal sales during Q2. However, Mountain Province’s shareholder Dunebridge Worldwide helped by buying almost all the output.

Botswana Q2 diamond exports drop 68% as COVID-19 bites – report

11 august 2020

Botswana’s rough diamond exports fell 68% in the second quarter of the year as the Coronavirus pandemic continue to wreak havoc, according to news reports.

Endiama in radio programme to educate citizens on diamond operations

11 august 2020

Angola’s state-owned diamond company, Endiama has this month broadcast a radio programme aimed at educating citizens in the province of Lunda Sul on the operations of the diamond industry.

ALROSA earns $35.8 million from diamond sales in July

10 august 2020

Sales of rough and polished diamonds in July amounted to $35.8 million, including proceeds from rough diamond sales of $22.7 million, and polished diamond sales of $13.2 million, the company said in a press release distributed on Monday.

Anjin returns to full-scale Marange operations as it pumps in $38 million

10 august 2020

Anjin Diamond, a joint venture between China’s Anhui Foreign Economic Construction Company (AFECC) and Matt Bronze, an investment vehicle controlled by Zimbabwe’s military, has returned to full-scale operations in Marange with an initial investment of $38 million.

Call for international audit of Zim diamond earnings since 2010

10 august 2020

A former Zimbabwean finance minister and opposition leader has called for an international audit of the country’s diamond earnings for the past 10 years.