Chair of the Kimberley Process (KP), Ahmed Bin Sulayem (Ahmed Bin Sulayem) held talks with Nirmala Sitharaman (Nirmala Seetharaman), Minister of Commerce and Industry of India, dedicated to the detailed points of their initiatives the last 9 months. Among them - Venezuela's return to the manual, the creation of zones in CAR for the re-export of diamonds, as well as discussion of other African initiatives Bin Sulayem.
KP Chair also briefed on the outcome of the two diamond evaluation forums, the last of which was held in Antwerp, Belgium, in collaboration with the Antwerp World Diamond Center (Antwerp World Diamond Centre, AWDC) . The talks focused on the method of standardized approach for an effective assessment of the diamond. In addition, he talked about the challenges posed by synthetic diamonds and the forthcoming plenary session of the KP and the middle of November in Dubai.
Bin Sulayem commented on the decision of the Indian commodity exchange to start trading futures contracts on diamonds.
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Finance Minister of Zimbabwe Chinamaza Patrick (Patrick Chinamasa) said that the authorities are negotiating the purchase of equipment for the Zimbabwe Consolidated Diamond Mining Company (ZCDC) , reported local newspaper Zimbabwe Standard.
ZCDC - consolidated diamond mining company, uniting Kusena, Jinan, Marange Resources, and soon other diamond companies and mines in Zimbabwe.
It is reported that the union is necessary to ensure transparency and accountability of companies. The state will own a 50 percent stake in ZCDC.
Last week Chinamaza told Parliament of Zimbabwe, for the new diamond mining equipment will be purchased in Belarus.
"We get the equipment in Belarus, and we are going to equip them ZCDC, to start the development of three concessions, formerly belonging Kusena, Jinan and Marange Resources, - the Minister said -. The consolidation process will take time, and I feel that his interference created by the decision of this question. take some time".
Meanwhile, in addition to the purchase of the Zimbabwean authorities and the equipment hire staff to the new company.
Chinamaza also noted that the diamond beneficiation in Zimbabwe will be Aurex company, a subsidiary of the reserve bank in the country.
"Aurex, which is a subsidiary of the Reserve Bank of Zimbabwe, the start-cut diamond We were able to help her to obtain the latest equipment from India.", - he said.
Meanwhile, last year, diamond mining in Zimbabwe has fallen to 4.7 million carats against a peak of 12 million carats in 2012.
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