In July 2007, the Namibian arm of Diamond Trading Company announced competitive selection among the country’s diamond cutting factories to be included into the first list of NDTC sightholders. At that time, Hard Stone Processing (Pty) Ltd (HSP) was already working in Namibia as an independent manufacturer and its factory successfully occupied a strong position among the leading sightholders turning into one of the three top diamond cutting companies in Namibia. Its CEO Burhan Seber gave this interview to Rough&Polished.
Botswana diamond miner, Debswana recently said that the temporary dip in diamond prices will likely see the company producing just below its target of 25 million carats for 2011. However, Esther Kanaimba-Senai, the Group’s Manager for Corporate and Public Affairs, told Rough&Polished in an interview that Debswana was not in trouble.
Malca-Amit is a full service courier company with a 21 year record of providing the highest quality personalised service and the most efficient logistic solutions for diamonds, jewelry, gold, coins, bank notes, and valuable documents. Our correspondent in Brussels caught up with Nigel Paxman, CEO of the Malca-Amit Group of Companies, to find out more about this company.During the first half of 2010 Xinjiang Uyghur autonomous region of China increased gold production by 6% to 3.7 tonnes of gold, according to information provided by Xinjiang committee on economy and informatization. Forecasts say that gold output in the region will attain 10 tonnes by the end of 2010.
Following the results of the first half of 2010, 36.65% of the 2010 production target was fulfilled, the value of gold produced amounts to 9.678M yuans ($1.43M), which represents an increase by 40.13%. The excess of growth of gold production by value compared to growth by volume is attributed to gold price upsurge trends.
Pace of gold production in Tǎchéng region and in the Altay district increased by an average of 35%. The major gold mining enterprises of the region pursue positive trend of production growth.
Xinjiang Uyghur autonomous region of China is considered to be one of the most important regions of gold mining industry where a total of 28 gold mines are located and aggregate reserves are estimated at 207.48 tonnes of gold. Since 2008 series of mergers and acquisitions of Xinjiang mines by China’s major gold mining groups have taken place.
Olga Patseva, Rough&Polished, Shanghai
Rough&Polished
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