Login

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

Newfield makes ‘strong’ progress at Tongo diamond project

02 july 2018
Newfield Resources, which merged with Stellar Diamonds last April, said it has made “strong” progress at its flagship Tongo diamond project in Sierra Leone with the front end engineering (FEED) programme on track for completion in the fourth quarter.
The FEED, said Newfield, would more precisely define the technical requirements of the Tongo project and deliver an optimised underground mine design and treatment plant layout.
This work would also refine the final capital expenditure estimate and operating cost budgets for the project.
Company executive director Mike Lynn said a mine development drilling campaign, running alongside the FEED programme, would be concluded next month.
“This drilling campaign will also result in an updated Mineral Resource estimate for the project later in the year,” he said.
“…we remain firmly focussed on the rapid progression of the Tongo Diamond Project towards being the next diamond mining operation in Sierra Leone.”
The drilling campaign was aimed at delineating the geological nature and morphology of the Kundu, Lando and Tongo kimberlites within the first two levels of planned underground mining of each kimberlite.
About 95 drill holes had been completed to date for 8,206 metres and kimberlite was intersected in 87 holes.

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

Comments

Only registered users can add comments (Register, Login)