Alrosa Zim seeks more diamond concessions
ALROSA Zimbabwe Limited (Alrosa Zim) intends to increase the number of its diamond concessions in the country to 40 from the existing 25. The company is jointly-owned by the State-owned diamond mining firm — Zimbabwe Consolidated Diamond Company (ZCDC) and the world’s largest diamond producer, Alrosa, which is headquartered in Russia. In 2020, Alrosa Zim […]
World’s largest diamond ship enters operation
The world’s largest and most advanced diamond exploration and sampling vessel, the SS Nujoma, is ready to start exploring for diamond deposits in Namibian waters, following its official inauguration recently. The $157 million vessel was put into operation by Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers […]
Diamonds forecast to regain pre-pandemic sparkle in 2022-2024
An employee presents a high jewellery diamond ring from the Red Carpet 2018 Collection at the luxury jeweller Chopard store in Paris, France, July 4, 2018. REUTERS/Charles Platiau Demand recovery will diverge depending on lockdown policies, government support, and the extent to which retailers manage to shift sales online, said the report by consulting […]
Alrosa sticks to Zim diamond plan
Alrosa, the world’s largest diamond producer by output, says COVID-19 has not altered its exploration in Zimbabwe and the company plans additional concessions this quarter. The Russian company entered into a joint venture with the Zimbabwe Consolidated Diamond Company (ZCDC) in 2019, forming a local unit in which Alrosa holds 70%. Under that joint venture, […]
Graduate Trainee Development Programme
Zimbabwe Consolidated Diamond Company (Pvt) Ltd (ZCDC), a World Class Diamond Producer for the long term benefit of Zimbabwe, seeks to recruit qualified, talented and ambitious Young Graduates to undergo a 24 Months intensive structured learnership programme. Click link below to view key disciplines being covered ZCDC Graduate Development Programme Advert
The Polishing Wheel
Preparation and Material For the Perfect Diamond One of the most important parts to polish a diamond is the polishing wheel. More specifically: a well-prepared polishing wheel. Nowadays there are various ready-to-use preparations to lubricate the wheel. This is often a mix of diamond powder, oil and a volatile liquid. Thanks to the latter, the […]
Diamond Outlook 2021: Market poised for growth
Production decreases at mines around the globe, retail closures and fractured supply chains weighed heavily on the diamond sector in 2020. Declines in mine output were countered by a drop in sales, softening some of the impact. Demand fundamentals later improved during the second half of the year, though supply stayed depressed. Moving forward, the […]
Israel optimistic after heavy trading slump
Image: Polished goods in a case at the 2016 edition of International Diamond Week in Israel. (Shutterstock) Leaders of Israel’s diamond sector expressed confidence in a recovery after strong trading in the final months of last year offered hope that the worst of the coronavirus crisis was over. Israel’s final 2020 result — a […]
A new era for diamonds ahead
United States’ Lawrence Livermore National Laboratory Scientists published a study in Applied Physics Letters showing that diamonds have superior carrier mobility, breakdown electric field and thermal conductivity, which are significant properties to power electronic devices. Following this study, an international team of researchers have certified the importance of diamonds in the tech industry by conducting […]
Natural and lab-grown diamonds raise stakes
The natural and lab-grown diamond industry both raised the stakes in 2020, contending for consumers whose behaviors are rapidly evolving. The debate between lab-grown and natural diamonds is only set to get hotter in 2021. A November report by MVI Marketing estimated that lab-grown diamonds will “go mainstream” relatively soon, with sales and behavior indications […]