Botswana Diamonds completes nine-hole drilling on Thorny River

Botswana Diamonds has completed its nine-hole drilling programme on the Thorny River property in South Africa. It said the objective of the hole drilling was to see if two kimberlite blows were one contiguous orebody, thus increasing the overall resource...

Today

Lifeline for small-scale chrome miners in Zim

Zimbabwe Zhongxin Smelting Company, a joint venture between a Chinese firm and the Zimbabwe Defence Forces, is constructing a $60 million smelting plant in Masvingo.

Today

Out of the deep blue: Buyers at Christie’s will have a chance to bid for Rolex Experimental Deep Sea Special N°1

Developed as a prototype for perfecting the Rolex diving watch concept, this Rolex Deep Sea Special N°1 was attached to the hull of Auguste Piccard’s bathyscaphe Trieste for the inaugural deep-sea trial to a depth of 3,150 meters in the Mediterranean...

Yesterday

Lucara unveils 1,175-ct rough diamond in New York – report

Lucara Diamond and manufacturer HB Antwerp unveiled a 1,175-carat diamond in New York City in a bid to attract investors. Reuters reports that the stone recovered at the Karowe mine, in Botswana last June would be on display for a week at the Whitby...

Yesterday

Asset-backed cryptocurrency gains momentum in China

Diamonds have not been a favourite with Chinese investors in the past because they tend to lose their resale value. But thanks to the emergence of cryptocurrency, this attitude towards diamonds as an unviable investment vehicle has changed.

Yesterday

Concerned about gem authenticity? You can now trace your jewels back to the mine

29 december 2020

(channelnewsasia.com) - People have probably never been more conscious about the source of their diamonds than the year Blood Diamond hit theatres in 2006. And while this increased awareness has since made ethics a consideration for many when buying a jewel, we still have a long way to go before every gemstone that ends up under a spotlight and in a glass case is guaranteed to be conflict-free. The good news is that we’re speeding down the right track. American jeweller Tiffany & Co announced last year that it would become the first global player to be fully transparent about the journey of its individually registered diamonds by 2020, and the brand really went and did it.