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You can’t fake that ‘magic’ of the real thing…

Armed with a degree in ‘Jewellery Designing’ from Central Saint Martins and a Diploma in Diamond Grading from the Gemological Institute of America, young Rachel Boston is a London-based jeweller and designer with a mind of her own and adequate talent...

Today

Lucara eyes future expansion as it boasts of strong cash position

With a net cash position of $144.3 million at the end of the first quarter of 2016, Lucara Diamond, which operates the Karowe Mine in Botswana, says it intends to invest the cash and increase the size of the company either through a merger, acquisitions...

20 june 2016

Ban on rough tanzanite export chocking outside industries

Tanzania said that its ban of rough tanzanite over 5 carats has helped frustrate foreign companies that were relying on supplies from the country. The country’s acting commissioner for minerals Ally Samaje told Rough & Polished on the sidelines of...

14 june 2016

‘Diamond prices have remarkable ability to recover considerably faster after a crisis than other product categories,’ observes Etan Müller, CEO DFI

Etan M. Müller, CEO and Partner- DFI, has more than 25 years of experience in the financial industry. Before setting up DFI Switzerland AG, Etan Müller worked for 12 years in the private banking sector as a senior investment advisor for Ultra High Net...

06 june 2016

World Diamond Congress debates reflected widespread challenges, says WFDB President Ernie Blom

The 37th World Diamond Congress in Dubai carried to completion on May 19, 2016 zoomed in on the most challenging issues facing the global diamond industry with a special focus on transparency, responsibility and sustainability. The World Federation of...

30 may 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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