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

Diavik diamond mine completes COVID-19 testing with no cases detected

08 july 2020

Nearly 2,600 tests for COVID-19 have now been completed at Rio Tinto’s Diavik diamond mine Canada, with no cases detected in the workforce, according to a press release from the Rio Tinto.

Zim mulls sell of diamond stockpile

07 july 2020

Zimbabwe is planning to sell its diamond stockpile of over one million carats at a time when diamond trading has been slowed by Covid-19 pandemic, state-owned media reports.

Global rough diamond output slides 12% in 2019

07 july 2020

Global diamond output eased 12% to 130.3 million carats in volume terms, according to the latest data from the Kimberley Process (KP).
Russia maintained the pole position as it produced 45.3 million carats, which represents 34.73% of the total global output.

Covid-19: Lesotho opens more border posts to foreign mineworkers

07 july 2020

Lesotho, which hosts Lucapa Diamond and Gem Diamonds, has opened up more border posts to foreign mineworkers following a lock-down that was introduced last March.

Diamond miner Kimberley Ekapa Mining renames to Ekapa

07 july 2020

South African diamond miner, Kimberley Ekapa Mining (KEM) has changed its name to only Ekapa following the collapse of the joint venture between diamond miners KEM and Petra Diamonds.

Luk Fook Holdings profit dips 42% in FY 2019-21

06 july 2020

Luk Fook Holdings (International) Ltd has announced that the overall profit dipped of 42 per cent during the year ending March 31, 2020.

ALROSA’s financing to prevent COVID-19 spread exceeds RUB 500 million

06 july 2020

ALROSA's overall spending on countering COVID-19 pandemic amounted to almost 8 mln USD (more than RUB 500 mln), according to a press statement distributed by the company last week. Assistance is provided to public health facilities of the Sakha Republic (Yakutia), where company’s major production sites are located, in particular.

De Beers sets up Covid-19 testing lab at Venetia diamond mine

06 july 2020

De Beers has unveiled a R10 million ($590 000) Covid-19 testing lab at its Venetia Mine, in South Africa. The laboratory will be used to check the diamond mine’s employees and contractors for the coronavirus.

Lucapa cuts Equigold loan to $6.3m

06 july 2020

Lucapa Diamond has allotted more than 10,4 million fully paid ordinary shares in respect of the quarterly interest and fees due in accordance with the terms of the $15 million Equigold loan facility.

Diamond-rich Botswana faces budget deficit as Covid-19 bites

03 july 2020

Diamond-rich Botswana will need about $3.4 billion over the next two and a half years to cater for expected budget deficits and resuscitate the economy as the COVID-19 pandemic wreaks havoc.