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SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

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Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Global demand for polished diamonds will remain steady – Ali Pastorini

Ali Pastorini, senior vice-president of the World Jewelry Hub, answered questions from Rough & Polished concerning the world diamond market, preferences of consumers and role of bank crediting.

13 june 2017

Eternal values in Malaya Bronnaya Street

The assay supervision in Russia is 317 years old. Much younger is the Moscow Gemological Certification Centre (MGCC) established under the Assay Chamber and located in the same ancient respectable mansion at 18, Malaya Bronnaya Street. The MGCC employees’...

05 june 2017

Diamonds will have the greatest potential in 2017

Mumbai-based Rajesh Bhagat, India Consultant of Hong Kong Trade Development Council (HKTDC) who oversees HKTDC’s operations across India, Sri Lanka and Bangladesh, has been assisting companies, particularly small and medium enterprises (SMEs) in the...

29 may 2017

Lulo pockets $3.8m in first diamonds sale for 2017 – Lucapa

17 february 2017
Lucapa Diamond said it sold a parcel of 2,946 carats of Lulo diamonds from Angola for $3.8 million to mark its first sale for the year.
The diamond miner, which owns Lulo together with Endiama and Rosas & Petalas, said the stones sold achieved an average price of $1,276 per carat.
“The sale comprised diamond recoveries up to 31 December 2016, which included a 75 carat diamond that was recovered in November and a 55 carat diamond recovered in December,” company managing director Stephen Wetherall said in a note.
He said the diamonds sold by Lulo alluvial diamond mining company Sociedade Mineira Do Lulo through the Angola government’s SODIAM, were the first to be cleaned by the new diamond deep boiling facility installed at Lulo last December.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

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