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We estimate gold demand for 2016 to be in the range of 750 to 850 tonnes – Somasundaram, MD, WGC-India

Somasundaram PR joined the World Gold Council in January 2013, as Managing Director, India. Based in Mumbai, Som is responsible for leading the World Gold Council's activities across the Indian gold market. A qualified Chartered Accountant, Som has over...

Yesterday

Actions undertaken by ALROSA are intended to support true diamond manufacturers

Recently, the EPL Alliance and Diamond and Jewelry Manufacturers Guild of the Republic of Sakha (Yakutia) backed ALROSA in the press, welcoming its position in support of Russia’s diamond-cutting businesses in view of the abolition of the 6.5% export...

19 september 2016

From France to Israel - Andre Messika Goes from Strength to Strength

A leading Israeli diamond dealer who is increasingly making a name for himself locally and globally is Andre Messika. Three years ago, he was the winner of the Israeli diamond industry’s Outstanding Exporters Award. He has also often been near the top...

12 september 2016

“Jewellery customers are totally fascinated with the ‘design’, rather than seeing jewellery as investment” says Ashish Sand, Founder & Partner of Savio Jewellery

Though armed with a Master’s degree in Commerce; a Bachelors in Business Administration from Bradford University; and a diploma in Information Technology, it was jewellery business that was Ashish Sand’s calling… Today, as the founder and partner of...

05 september 2016

Mozambique eyes commercial diamond mining

Mozambique confirmed last month the discovery of diamonds in the Massangena district of the Gaza province. The country had been working, with the help of Angola, towards the certification of its diamond mining by the Kimberley Process. The certification...

29 august 2016

Drilling at Botswana’s Kimberlite KX36 shows strong micro diamond results - Petra

15 march 2012

Petra Diamonds said exploration work at kimberlite KX36, which is situated in its Kukama East project area, in central Botswana has shown strong micro diamond results.
It said in a statement emailed to Rough & Polished that 250 diamonds, collectively weighing 0.756 carats, had been recovered from 403.88kg of kimberlite.
The largest diamond was a white, transparent dodecahedron, weighing 0.393 carats, it said.
"These initial drilling and microdiamond analysis results indicate that kimberlite KX36 has significant potential, in terms of its possible size, diamond grade and potential coarse diamond size frequency distribution,” said Petra chief executive Johan Dippenaar.
“The next step is a large diameter bulk sampling drilling programme, commencing in April 2012, in order to obtain further information with regards to grade and an indication of diamond value."
Company technical director Jim Davidson also said that the strong micro diamond results and the favourable coarser diamond size indications for kimberlite KX36 were most encouraging out of the five new kimberlites they had found in Botswana so far.
KX36 was approximately 60km from the nearest known kimberlite, meaning there was the potential for KX36 to be part of a new kimberlite field, he said.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished, from Zimbabwe

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