India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

Yesterday

“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

BlueRock H1 output up 81 pct y-o-y

09 july 2018

BlueRock Diamonds produced 2,438 carats in the first half of the year at its Kareevlei diamond mine, in South Africa compared with 543 carats, a year earlier.
Company chief executive Adam Waugh said 34,247 tonnes were processed during the second quarter with year-on-year H1 2018 production up 81 percent to 73,028 tonnes from last year’s 40,343 tonnes.
"Thanks to our experienced team on the ground, we have had a successful quarter, continuing to produce exceptional quality diamonds from our Kareevlei project, despite five weeks of downtime due to bad weather and a fault in our crushing circuit,” he said.
Meanwhile, BlueRock sold 875.31 carats in the second quarter, compared with 1,563 carats in the first quarter, at average revenue of $305.34 per carat.
Mining commenced at the company's second kimberlite pipe, KV1 in June 2018.
The pipe has an inferred grade of 6.3cpht and was anticipated to provide material contribution this year.

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