Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

IIDGR’s proprietary technology gives polished diamonds unique identity

The International Institute of Diamond Grading & Research (IIDGR), a unit of the global diamond giant, De Beers, grades natural stones and is also using its proprietary inscription technology to inscribe a unique identification on tables of each...

07 november 2017

In future, only those who offer innovative designs will survive

A science graduate from Madras University, Srinivasan's one-man venture with just 10 employees launched in 1984 has now grown into the present Emerald Group, in about 3 plus decades. The Group from Southern India is one of the largest jewellery manufacturing...

30 october 2017

Conditions are still very difficult - Ernie Blom

Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa...

23 october 2017

Botswana Diamonds identifies kimberlite pipe on SA’s Ontevreden licence

17 july 2017
Botswana Diamonds said prospecting work on the Ontevreden licence held by Vutomi in South Africa has identified a group two kimberlite pipe. 
It said initial work indicated a size of 1.5 to 2.5 hectares in area containing high interest garnets. 
“A new kimberlite discovery in an area where high grade kimberlites are being mined offers exciting prospects for the company,” said Botswana Diamonds chairperson John Teeling.
The company said detailed drilling of the area would follow to confirm the size and whether it contains commercial diamonds.
Ontevreden was close to the Petra Diamonds Helam diamond mine in North West South Africa some 400 km from Frischgewaagt (FGT) in a separate kimberlite cluster. 
Helam has a grade of 85 carats per hundred tonne (cpht).
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 £581,000 would be used to fund exploration activities.
In addition, the company would issue 100 million ordinary shares of 0.25p each to Vutomi shareholders, after which the company would own 72 percent of Vutomi.
The flagship project, Frischgewaagt, was in the Limpopo Province.
Botswana Diamonds recently said that the Vutomi prospect at Frischgewaagt had an indicated a medium grade of 78 cpht in a range of 64 to 110 cpht at a bottom cut off of +1 mm after the inclusion of results of the bulk sample and an update to the estimation analysis technique.

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


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