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Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

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The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

Botswana Diamonds offers to buy BCL's 51pct stake in Maibwe

09 june 2018
Botswana Diamonds said it has offered to buy the liquidated BCL Mine’s 51 percent stake in the Maibwe diamonds exploration joint venture project, which is located in the central Kalahari region of the southern African country.
The Maibwe JV consists of a block of 10 licences and Botswana Diamonds’ 51 percent owned Siseko, currently has a 29 percent stake in the project.
The other partner in Maibwe was local consortium Future Minerals, which owns a 20 percent stake.
Company managing director James Campbell told the Botswana Resource Sector Conference in Gaborone that they are hoping to get the liquidator’s response in the next few months.
BCL had been under liquidation since 2016 and was unable to finance an agreed work plan.
A diamond drilling conducted in 2015 on PL 186 found a number of diamondiferous kimberlites.

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

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