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

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


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