Botswana Diamonds’ Campbell on Alrosa exit: no exploration JV lasts forever

Botswana Diamonds is currently in talks with a major diamond producer interested in taking over a stake in Sunland Minerals previously owned by Alrosa. The Sunland joint venture was established in 2014 to test existing Alrosa exploration technology on...

19 november 2018

If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

“We'll only work with mines and suppliers that can prove full and unquestionable traceability”, assures David Zabinsky, CEO, TRIGEM

Armed with a Bachelor of Science in Government & Legal Studies, and Spanish from Bowdoin College (Maine, USA), a multi-faceted professional, David Zabinsky has both international public and private sector experience, most recently managing an...

06 november 2018

The diamond market sentiment is cautious at the moment, especially in Europe

Born in Switzerland, Angelika Mavridou relocated to Thessaloniki (Greece) with her family, only to establish her own business JEWELLS GALLERY LTD, which was later transformed to S.A. Prior to venturing into her own business, she studied Gemology...

29 october 2018

Zimnisky talks about pink diamonds, De Beers’ Lightbox

An independent diamond industry analyst and consultant said although exceptional and ‘one-off’ diamonds are hard to assign a value to them, the Pink Legacy will likely fetch $2.64 million per carat when it goes under the hammer next month in Geneva...

22 october 2018

Mob disrupts Gemfields’ Ethiopian operations

04 july 2018
news_04072018_palling.pngPallinghurst, which will be renamed Gemfields next week, said a mob between 300 and 500 people overran the operations of Web Gemstone Mining (WGM), an Ethiopian company in which the emeralds miner holds a 75 percent interest.
WGM holds an emerald exploration licence with a total concession area of 200km2 with 27 kilometres of potential emerald-mineralised strike length.
It said while the motive of the mob remained unclear, it was believed that they may have been spurred by a faction seeking a portion of WGM’s licence.
“WGM is liaising with local and national authorities and has been advised that local authorities have since secured WGM’s residential camp and mine offices, as well as the camp used by WGM’s contractors,” Pallinghurst said.
“WGM understands that the bulk sampling operation is yet to be secured.”
Gemfields acquired its stake in WGM in February 2015.

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