Independent Swiss manufacturer of luxury watches Raymond Weil is a brand worldwide known for its exclusive gold watches decorated with diamonds. The combination of traditional design with aesthetic elegance, the use of elaborate techniques and various materials, plus the high quality of goods made this watch brand very popular accross the markets of Europe, North and South America, Asia and Oceania. Alexander Laimer, Raymond Weil’s Country Manager for Europe, told us about the latest fashion trends in the watch industry.
TSX-listed Diamcor Mining, which recently completed expansion upgrades at its Krone-Endora project in South Africa as part of final preparations to commence 24/7 operations, is certain that the future is bright. Company president and chief executive Dean Taylor told Rough & Polished’s African Bureau Editor In Chief, Mathew Nyaungwa that the project was “very unique” due to the nature of the deposit and the low capital expenditure to production. He said Diamcor was currently targeting to reach an output of about 10,000 carats per month within 12 months. Output, Taylor said, was also expected to reach 250,000 carats per annum within a period of three years.
IDEX Online is a pioneer trading platform designed to change the way diamond transactions are made putting them on a technologically new footing. Besides, it features a namesake online news agency, IDEX Online, one of the most prominent sources of news and comments on events in the diamond industry. Its long time Editor in Chief Edahn Golan recently launched a new diamond research venture after serving in this quality for 12 years. In his interview with Rough&Polished, he shared his views on some of the problems in the diamond market, including round-tripping in India, rough and polished pricing, Kimberley Process and others.Anjin Investments, a joint diamond mining venture between China’s Anhui Foreign Economic Construction Company Limited and the Zimbabwe Mining Development Corporation, is now the world’s biggest diamond producer, a company official said last Wednesday, Israelidiamond.co.il reported.
The China/Zimbabwe joint venture began mining diamonds in the Marange fields in July 2010, but only recently has received permission from the Kimberley Process to export its rough diamonds. The company reportedly has a stockpile of some 3 million carats.
According to Anjin director Munyaradzi Machacha, the Anjin has a production capacity of 12,000 tons of ore per day. This week, two additional processing units are scheduled to begin operating.
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