Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

Lucara says South Lobe ore to dominate Karowe mine plan

29 june 2018
Lucara Diamond said a mineral resource estimate, which was completed by Mineral Services Canada, shows that its Karowe mine plan in Botswana will now be dominated by the South Lobe ore with the high-grade, high-value (EM/PK(S)) unit becoming increasingly prevalent with deeper mining.
The 1, 109 ct Lesedi La Rona and the 813 ct Constellation stones were recovered from the EM/PK(S)S unit.
“This resource update supports the continued recovery of large high value diamonds from the South Lobe throughout its remaining open pit mine life and the likelihood for underground mining until at least 2036,” said company chief executive Eira Thomas.
“Feasibility work assessing the potential for underground mining, including hydrogeological and geotechnical drilling together with several mining trade off studies is ongoing."
Lucara also said that the indicated mineral resource for the South Lobe of the AK06 kimberlite jumped 54 percent to 6.8 million carats due to the conversion of inferred mineral resources to a depth of 400 metres above sea level.
The mineral resource estimate for the AK06 kimberlite, which was completed by Mineral Services Canada, shows that the remaining indicated mineral resource includes 7.9 million carats, hosted in 57.85-million tonnes at an average grade of 13.7 carats per hundred tonnes (cpht), it said.

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