Botswana Diamonds’ Campbell on Zim jaunt: We are interested in Kaapvaal Craton

Botswana Diamonds and Vast Resources, recently signed a memorandum of understanding to prospect for diamonds in Zimbabwe. The two companies will exchange information derived from past exploration on areas prospective for diamonds in the southern African...

09 july 2018

“Every Forevermark diamond has a unique inscription number which is an assurance that the diamond is beautiful, rare and responsibly sourced,” says Sachin Jain

Sachin Jain, President-Forevermark, joined the company - a wholly owned subsidiary of the De Beers Group - as the Head of Retail in 2010. He was swiftly promoted to the Managing Director in 2011… to later become the President in year 2013. Sachin started...

02 july 2018

In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

25 june 2018

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Pallinghurst changes name to Gemfields Group

28 june 2018
Pallinghurst Resources, a natural resources investment company, will soon be renamed as Gemfields Group, after investors voted Tuesday in favour of the name change.

Image credit: Pallinghurst Resources

The new name would be used on the Johannesburg Stock Exchange (JSE) from July 11.
Pallinghurst had indicated plans to change its name last March due to the company’s increasing focus on coloured gemstones.
Company chairperson Brian Gilbertson said last April that they were planning to build their wholly-owned Gemfields into the “De Beers of coloured gemstones”.
He said then that they would support their mining operations with a “unique and industry-leading” auction platform, developments in proof-of-origin technology and have active marketing campaigns to drive demand for coloured gemstones.
Pallinghurst, said Gilbertson, had cut back on expensive international expansion ambitions to focus on optimising its two key mining operations, Kagem in Zambia and Montepuez in Mozambique.

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


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