Zimbabwe Diamond Conference 2014 closes on a high note

The second day of the Zimbabwe Diamond Conference 2014 saw a lesser turnout than the previous day. But, the lack of numbers was made up by the sheer enthusiasm of the present attendees.

The day took off with an informative speech by David Murangira, Chairman, Zimbabwe Mining Development Corporation. He said, "There are currently six operations of mining in Marange reserve and they are in joint venture with ZMDC. Marange has alluvial diamonds and we all know that alluvial diamonds have finite lives. There is very little exploration taking place in terms of kimberlite diamonds. We need to find more reserves to sustain the industry. If there are no reserves, there is no mining."

After this thought-provoking speech, Ernest Blom, President, World Federation of Diamond Bourses presented his. He shared, "As a fellow African, I feel deeply about Zimbabwean diamond industry. Africa has woken up and has taken control of its own destiny. The world has opened up and the industry is no longer controlled by a handful of big companies. Africa now has a big chance to make its mark. I suggest my African diamond industry colleagues to join the WFDB as we are aiming at emphasising on value chain, especially the producing countries. We also aim to build our communication strategies and bring in large mining corporations to producing countries."

Alex Popov, Chairman of the World Diamond Mark Foundation gave presentation of the World Diamond Mark and urged the delegates to deliberate if World Diamond Mark is needed in Africa.

Peter Meeus, Chairman, Dubai Diamond Exchange gave a very direct speech regarding the World Diamond Council that represents just 40 large diamond companies and charges $10,000 as a membership fee. He urged Eli Izhakoff, Ernest Blom and Gaetano Cavalieri to take their rightful place and represent the industry instead of a privatised World Diamond Council. He also threw light on the BBC news regarding the torture camp in Zimbabwe's diamond reserves and its baseless nature. His speech was the highlight of the day for most delegates.

After four more speeches from the industry leaders of Zimbabwe, it was time for two panel discussions moderated by Chaim Even-Johar, President of Tacy Ltd. His passion for the industry and his dynamic moderations are well known. He is reputed to tread on the less trodden paths and today too, he provoked and received many reactions toward various issues regarding the OECD and local beneficiation. The response and the interactive nature of the Zimbabweans was overwhelming.

The Hon. Minister of Mines and Mining Development of Zimbabwe, Walter Chidakwa presented the closing note and expressed deep gratitude toward all delegates and everyone those who made this conference a reality and a huge success.

The next Zimbabwe Diamond Conference will be held in 2016.