GJ Town India

Angola rough guideline of 11mn Cts in 2021 Production short by 20% in 2020 over guidelines! Angola’s Diamond Company Endiama has predicted that until the end of the current year their diamond production of eight million carats of the stone which had previous guideline & planned to produce 10 million carats in 2020. Officials are witnessing the decrease in production owed to Covid-19 pandemic. For next year, if the pandemic is eradicated, the company foresees a diamond production of 11 million carats in 2021. And in the favourable situation the figure of the said production that might increase to 14 million by 2022 under the National Development Programme.   Speaking to press, the representative of the Ministry of Mineral Resources, Oil and Gas, Mankenda Ambroise, explained that until 2021 the country will gain Angola’s Diamond Stock and the Diamond Development Hub of Saurimo. Ambroise was speaking at webinar, entitled “The new global center for the diamond to link the Angola ...

We’re an industry that has Always overcome and emerged stronger Yoram Dvash, President, Israel Diamond Exchange and Acting President, World Federation of Diamond Bourses inked a blog amid pandemic scenario. He inks, I write to you direct from the Israel Diamond Exchange in Ramat Gan. Our huge trading hall, which is usually teeming with activity, is now fairly empty because of restrictions that allow only 100 people access at a time. Who would have imagined a diamond exchange with no handshakes to seal transactions? Almost four months ago, when the coronavirus broke out, I found myself having to manage the worst crisis the Israel Diamond Exchange has ever known. The challenge was massive and I approached it with great apprehension – to safeguard the health of the community, which includes more than 3,200 members and some 8,000 small and medium-sized business owners, and the health of the industry that is so dear to us all. In 2015, I was elected the 10th President of...