https://www.miningweekly.com

Kimberley Process, AWDC to host second rough diamond valuation forum

5th September 2016

By: Anine Kilian

Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – The second in a series of three, one-day special forums on rough diamond valuation, facilitated by joint governments, industry and civil society initiative the Kimberley Process (KP), will take place on September 30 at the Hylitt Hotel in Antwerp, Belgium, chairperson Ahmed Bin Sulayem announced on Monday.

Held in association with the Antwerp World Diamond Conference (AWDC), the special forum will focus on valuation practices employed by the global diamond industry.

The format will take the shape of an open dialogue that will examine other methods being used to eventually develop a more formalised approach to rough diamond valuation.
 
Mining company representatives, auction and tender experts, as well as professional diamond valuators and polished price index specialists, will engage in the discussion. Members of government, industry and civil society have also been invited to attend.  
 
“In the second of these special forums, we will continue the dialogue to a better understanding of how a more formalised approach to rough diamond valuation would be beneficial to the entire industry,” says Sulayem.

The aim of these special forums is for all industry players to commit to a set of best practices for all participants of the KP.
 
“Valuation remains a crucial expertise, especially for developing countries relying on the benefit of diamond revenues.  This sequence of valuation seminars, organised by the KP chair, is an excellent opportunity to enhance their knowledge and capacity,” says AWDC president Stephane Fischler.

Established in 2003, the KP aims to prevent conflict diamonds from entering the mainstream rough diamond market.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION