Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

Yesterday

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

Peregrine seeks security holders’ approval of De Beers deal

02 august 2018

Peregrine Diamonds has been granted an interim order from the Supreme Court of British Columbia, which paves way for the holding of a special meeting of its security holders to consider plans by De Beers to acquire the company for C$107 million ($81 million).
The special meeting would be held on August 31.
Peregrine, which owns the Chidliak diamond resource in Canada’s Nunavut Territory, said shareholders would be asked to approve a reduction in the capital of the common shares of the company.
It said its directors had unanimously recommended that security holders vote for the arrangement and that shareholders vote for the stated capital reduction.
De Beers said last month that the transaction would be executed via a plan of arrangement, which was set for September.
The Chidliak resource was discovered in 2008 and 74 kimberlite pipes had been identified at the project, including the CH-6 and CH-7 pipes, which are the current focus of the mine’s first phase diamond development programme.
The diamond development programme had a total inferred mineral resource in excess of 22 million carats.

Mathew Nyaungwa, Rough&Polished