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Investment community wants and needs more transparency

Yaniv Marcus, Managing Partner, YAD Global Advisors Ltd & Founder, Diamond Investment & Intelligence Centre (DICE) began his career in the investment community as a Certified Financial Planner (CFP) as well as a Portfolio Investment Manager (CIM)...

Yesterday

Lucara in no rush to sell 1,109 ct diamond after London setback – Lamb

Lucara Diamond said it is not in a hurry to sell the 1, 109 carat Lesedi La Rona recovered in Botswana after bidders failed to reach the reserve price at a public auction in London mid this year. The company said at the time that the failure of the diamond...

28 november 2016

Angola‘s geological survey nears completion

Angola had for the past few years been conducting a geological survey as part of the National Geology Plan (Planageo). The programme was initially slated to complete by the end of 2015, but the geological institute of Angola general director Mankenda...

21 november 2016

Normalcy has returned to Indian jewellery industry, despite remaining tax issues

G.V. Sreedhar, Chairman of the All India Gems & Jewellery Trade Federation (GJF) since 2015, was associated with the organization since its inception. He is also the Past President of the Jewellers Association, Bangalore [JAB]. Under his guidance...

14 november 2016

Diamond club eyes fair trade environment in Sierra Leone

Sierra Leone emerged from a brutal civil war – which was fuelled by illicit diamond trading – that left tens of thousands without limbs and worse still dead. The war, which lasted for 11 years ended in 2002 and the West African nation became a member...

07 november 2016

Majwe gets Debswana Cut 8 mining service contract

25 april 2011

Majwe Mining, a joint venture between Basil Read Mining, Leighton International and Bothakga Burrow Botswana has secured a five-year mining services contract at the Debswana Diamond Mine, in Botswana.
Bulk quoted Basil Read, a South African construction company as saying that the mining contract won was for the Cut 8 Phase 2 services at Debswana.
It said this would include mine scheduling, drill and blast, truck and shovel waste removal as well as limited ore mining.
The JV would move 156 million cubic metres of material over the full term of the contract, which was set to commence in June this year, it said.
Debswana had mining operations at Jwaneng, Orapa, Letlhakane and Damtshaa.

Mathew Nyaungwa, Rough&Polished, from Namibia

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