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All industry members should operate their businesses prudently

Venus Jewel calls themselves ‘Leaders in Solitaires’ and rightly so, given that they are one of the leading Indian companies dealing in solitaires. Rajesh Shah, Partner at Venus Jewel, takes great pride in the fact that the company has 20 years of leadership...

04 may 2016

Diamonds performing ‘a little bit better’ than most commodities – Deloitte analyst

Liquidity crunch and a sluggish Chinese economic growth, inter-alia, dampened the appetite for rough diamonds last year. Mining analyst and partner at Deloitte Tony Zoghby told Rough & Polished’s Mathew Nyaungwa that despite the depression, diamonds...

25 april 2016

“If consumers lose confidence in diamonds, both the products, natural and synthetic, will be badly hit,” warns Sanjay Kothari, Spokesperson NDMC

For a sector, which grew from just a cottage industry to one of the largest diamond manufacturing industry in the world, India’s diamond industry was, till not long ago, looked at globally with awe as an industry which operated purely on trust. Today...

18 april 2016

Valery Budny: "I really believe in Russian entrepreneurs"

Being a media holding in the field of jewelry and watch industry and trade, RESTEC JUNWEX combines such activities as holding exhibitions and conferences, publishing magazines, operating Internet resources and providing consulting services. It runs Russia’s...

11 april 2016

Ghanaian firm seeks to resuscitate Akwatia diamond mine

Great Consolidated Diamonds (GCD), formerly known as Ghana Consolidated Diamonds, is the West African country’s only commercial diamond company. It owns the Akwatia diamond mine, which produced more than 100-million carats of diamonds since the inception...

04 april 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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