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Virtual Possibilities of Jewellery Market

Online jewellery trading in Russia – since it started boosting and becoming more popular among the consumers - is of keen interest among the market players and is a topical issue. Dmitry Zamyshlyaev, Deputy Head of the Federal State Enterprise ‘Assay...

17 july 2017

Too early to say good days are back, but the industry is witnessing changes

Rajesh Lakhani, Director of Kiran Gems Pvt Ltd has more than 20 years standing in the diamond industry shouldering major responsibilities at Kiran including planning, developing and managing global marketing, sales and distribution of polished goods...

10 july 2017

The task of all the jewellery community is to back up the history of natural diamond, its myths, its reputation of a rare and most precious gem

Russkaya Yuvelirnaya Kompaniya No. 1 Holding comprising the Moscow jewellery factory of the same name and the retail chains in Novosibirsk and Moscow manufactures exclusive jewellery pieces and sells them on the Russian market. It specializes in making...

03 july 2017

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...

26 june 2017

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

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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