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South African investors have little appetite for investments

A business and technical leader in the diamond exploration and mining industry, James Campbell has spent over thirty years in the diamond industry and is currently Managing Director of Botswana Diamonds plc. His immediate past role was Chief Executive...

24 april 2017

Jean-Marc Lieberherr: Medium to long term prospects for the world diamond market are strong

Diamond Producers Association (DPA) was established in May 2015 by seven of the world's leading diamond companies, including ALROSA and DE BEERS, to maintain and increase the demand for diamonds, as well as their credibility. One of DPA’s most important...

17 april 2017

Chidhakwa: I have no misgivings about diamond mining consolidation in Zim

Zimbabwe’s mines minister Walter Chidhakwa stands accused of decimating the country’s diamond industry when he decided early last year to streamline operations of mining companies in Marange and that of partly Russian-owned, DTZ-OZGEO, in Chimanimani...

10 april 2017

We are open for good business in all our locations - Erik Jens

Erik Jens, the Global Head - Diamond & Jewellery Clients - AMRO BANK N.V. comes armed with professional experience in banking, financing and investments. He has specialized in private wealth management solutions, investments in hedge funds, private...

03 april 2017

Those who do not define their own niche, will not survive

The Antwerp Diamond Trade Fair (ADTF) enjoys broad industry support as a key annual event for the international jewelry community. The invitation to the ADTF can be obtained directly from the organizers, on the recommendation of one of the participants...

27 march 2017

Sarine delivers record number of Galaxy Inclusion Mapping Systems in 2016

11 january 2017
Sarine Technologies Ltd delivered a record 24 Galaxy family inclusion mapping systems in Q4 2016 bringing total 2016 deliveries to 84 systems compared with the previous record year of 48 deliveries.The firm has a total installed base as of the end of 2016 of 299 systems.
"On the backdrop of overall positive sentiments in the Indian diamond manufacturing industry, notwithstanding the Diwali holiday break of three weeks and the recent demonetization steps taken by the Indian government, we are pleased to report that our inclusion mapping systems sales have continued robustly, with a record 24 Galaxy family systems having been delivered in Q4 2016, of which 15 were of the Meteor model for small stones, 7 were Solaris systems, 1 was a Galaxy 1000 model and 1 was a Galaxy Ultra system," says a statement frm the company.
“Furthermore, though final numbers for the quarter are not yet available, we expect revenues for the fourth quarter of the year in excess of US$ 18 million, in line with or slightly better than our previous best Q4 on record (US$ 18.3 million) and constituting an improvement on a sequential as well as on a year-over-year basis”, it added.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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