Friday, July 14, 2017

As noted by the Chamber of Mines in Botswana, the diamond beneficiation in the country is in its infancy, but soon it will improve performance.
In 2015, 20 of the remaining processed diamonds at $ 1 billion in Botswana diamond cutting enterprises per year.
The head of the Chamber of Mines of Botswana Charlz Sivava (Charles Siwawa) said at the conference "Botswana Resource Sector" in Gaborone that the sorting of diamonds mined De Beers, is already an important step in this direction.
"You can increase the value added due to higher production, processing and production of finished products to the market", - says Sivava.
"For example, the diamond industry is defined as the process of cutting beneficiation in favor of the entire diamond supply chain," - continues to head of the Chamber of Mines.
He added that the availability of rough diamonds to local cutters thanks to an agreement on sales of De Beers with the government in 2011 has brought positive results, however, the sufficient employment in the sector has been established.
Earlier, it employs about 4,000 people in Botswana diamond cutting sector, but since then the number of jobs in this sector has fallen by about 50% due to the slowdown in the diamond market.
At the same time, cutting and polishing firms credit conditions have tightened.
Last year, two factories cutting and polishing diamonds in Botswana were closed.
Sivava also said that the beneficiation of minerals in Botswana is important because of the inevitable depletion of their reserves.
"Value added growth potential will enable the authorities to improve the funding to develop the industry and create jobs," - concluded Sivava.
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1 comment:

Pearl Necklace said...

As reported by the Civil Society Coalition (CSC), the organization will boycott the Kimberley Process (KP) certification scheme in 2016 in response to the UAE's presidency in this organization.
"Our coalition cooperates with governments and industry representatives for our common goal of creating a conflict-free, transparent supply chain.For the first time, the chair of the KP was taken over by a country that does not respect the tripartite structure of this organization," said one representative of Côte d'Ivoire.
CSC expressed concern over the excessively flexible standards of the UAE and conflict relations with the coalition. The organization stated that the current situation had become unacceptable. The CSC also reported on its attempts to work with the UAE, which, however, were unsuccessful, Since the coalition did not find an honest partner in the person of this state.
The concern of CSC was caused by the underestimation of diamonds imported into the UAE. The organization believes that the export of diamonds from Dubai in 2014 was an average of 40% higher than the volume of imports of stones.
Ahmed Bin Sulayem, Chairman of the Dubai Multi Commodities Center (DMCC), said in a statement that CSC charges are not based on real data.
Edward Ascher, chairman of the World Diamond Council (WDC), spoke about the importance of maintaining a dialogue between key industry players, including CSC.
"We will be sorry if the CSC does not take part in the intersessional and plenary meetings of the CP in Dubai.