BlueRock secures loan to settle £230k claim made by ex-CEO

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in South Africa, has entered into a loan with chairperson Paul Beck and chief executive Adam Waugh.

Today

GJEPC to accept any role and shoulder any responsibility that the government gives it - Pramod Agrawal, Chairman, GJEPC

Addressing the Press on the concluding day of IIJS 2018, Chairman Pramod Agrawal and Vice Chairman Colin Shah revealed that The Gem & Jewellery Export Promotion Council (GJEPC) has begun multiple initiatives and is interacting with various industry...

Yesterday

Vladivostok to host WFDB Asian Summit-Executive Committee Meeting

The World Federation of Diamond Bourses (WFDB) has announced that its Asian Summit/Executive Committee meeting, which will take place in Vladivostok, Russia, is set to be well attended, and will feature a wide range of representatives. The Moscow...

Yesterday

Thailand's Ministry of Commerce to support 62nd Bangkok Gems & Jewelry Fair

The Department of International Trade Promotion (DITP) of Thailand's Ministry of Commerce will be supporting the 62nd edition of the Bangkok Gems & Jewelry Fair (BGJF) under the theme of Heritage & Craftsmanship.

Yesterday

Gemfields’ Kagem mine accused of tax evasion

Gemfields said the Zambian Revenue Authority (ZRA) is investigating its 75 percent-owned Kagem emerald mine for alleged tax evasion.

Yesterday

Will Foreign Investors Help Zimbabwe To Transform Itself?

16 may 2018

(idexonline.com) - Six months after Robert Mugabe was ousted from office, there appears to be a new-found confidence among investors that Zimbabwe has, at last, become a place where they can safely do business. Recently, Botswana Diamonds signed a Memorandum of Understanding with gold miner, Vast Resources, which will see the firms exchange information derived from past exploration on areas prospective for diamonds in Zimbabwe. In addition, they will create a jointly owned body which will develop diamond resources in the southern African country in line with Zimbabwe's joint ownership laws as they relate to diamonds. "Zimbabwe is a country with excellent diamond potential,” said John Teeling, Chairman of Botswana Diamonds.  “Both Botswana Diamonds and Vast Resources have extensive experience in and knowledge of the country.  It is opening for business and both companies are keen to make the most of this opportunity.”