Wednesday, December 20, 2017

Previously, the priority objective of the diamond industry of Antwerp was Asia, but in 2015 it will look its way towards the Latin American market. In this sense, Brazil has many opportunities for the production of rough diamonds. Members of the Antwerp World Diamond Center (AWDC) will visit Brazil for the first time.
At the moment, Brazil is on the 17th place among the diamond-mining countries of the world, but its potential is much higher. Geologists who have explored the landscape of the country in recent years, say about the discovery of fifty potential diamond deposits.
"At the moment, potential diamond deposits remain intact, literally and figuratively speaking," says Margaux Donckier, spokeswoman for the Antwerp World Trade Center, "Antwerp would like to use the experience and skills of its specialists in this field in order to unlock the potential Brazil in diamond mining, as well as the introduction of mechanisms to regulate the diamond industry in this country. "
During their trip to the Latin American country, experts from Antwerp will organize a seminar on the Kimberley Process Certification Scheme, which guarantees that diamonds will be sold legally.
"Antwerp is one of the leaders in respecting and ensuring the principles of certification of the Kimberley Process, and thanks to our experience of trading for more than 550 years, Brazil has happily accepted us," added Donkie.
At present, Brazil is on the 17th place among the diamond-producing countries of the world, the annual production level is estimated at 50 thousand carats per year, the cost of stones is about $ 3.7 million. About 46% of all diamonds are exported to the US, while exports to Europe are at least 23% of Brazilian rough diamond exports.
This year, for the first time commercial production will begin at the new mine of the diamond mining company Lipari. The entire volume of diamonds mined from this mine, which will be 225,000 carats per year, will be cut in Antwerp. Accordingly, in the coming years, the export of diamonds from Brazil to Europe will grow substantially.

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