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Ali Pastorini: Selling just the idea of glamour is no longer enough

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 may 2018

Diamonds are shifting from occasional to daily wear

Joy Alukkas started his first jewellery showroom in UAE in the year 1987, and today the Joyalukkas Group is a multi-billion global conglomerate with varied business interests. Beginning with a single jewellery room in Abu Dhabi, Joy Alukkas has grown...

14 may 2018

GJC has played a crucial role in the last 10 years in improving the compliance level in the industry

Coming from a renowned family of jewellers based in Akola, Maharashtra, Nitin Khandelwal heads Khandelwal Jewellers (Akola) Pvt Ltd. He has interests in the Plastic industry, Real estate, Health & Recreation and Cold storage industries as well...

07 may 2018

Johnson: ASM diamond sector a potential new source of supply for De Beers

De Beers recently said that it is planning to pilot a programme called GemFair that will create a “secure and transparent route” to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair would partner with the Diamond...

03 may 2018

Zimnisky: Hard to protect lab-diamond price as production methods, economics improve

Paul Zimnisky, an independent diamond industry analyst and consultant, said it will be very difficult for the lab-diamond manufactures to protect price as production processes and economics improve. He told Rough & Polished’s Mathew Nyaungwa in an exclusive...

23 april 2018

Angola says artisanal diamond miners produced 935,000 carats in 2014

13 february 2015
Angola’s registered artisanal miners produced about 935 000 carats last year, a government official has said.
The southern African country produced 8.75 million carats of diamonds last year realising about 1.3 billion in revenue.
Geology and mining minister Francisco Queiroz told delegates at a mining conference in Cape Town that the artisanal output raked in $332 million and attracted an average price of $355 per carat.
The country indicated last year that it had granted mining passes or permits to 594 artisanal miners by end of 2013.
Angola had been battling to eradicate illegal diamond mining activities mainly by artisanal miners from the neighbouring Democratic Republic of Congo.
Meanwhile, Queiroz said Angola’s vast territory provides ideal geological features and mining potential that can lead to the discovery of new mineral deposits.
He said apart from diamonds, Angola had investment opportunities in 18 gold projects, 8 copper projects, 6 iron projects, 2 platinum projects and 1 uranium project among others.
Queiroz said the country’s mining code was “very competitive” and provides guarantee as well as protection to private investment.
“Our tax and customs regime are the lowest in Africa,” the minister said without providing figures.
“The country avails itself of infrastructure capable of supplying the demand of the mining industry.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished

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