“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...

Yesterday

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

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

Diamcor recovers six special diamonds

10 august 2018
news_10082018_diamcor.jpgDiamcor Mining said it recovered six rough diamonds in the special (+10.8 carats) category as a result of the limited processing completed in July and the first week of August at its Krone-Endora at Venetia Project, in South Africa.
The diamonds recovered include one high quality 18.45 carat gem octahedron rough diamond, two gem quality rough diamonds weighing 18.56 and 14.71 carats respectively, and three non-gem quality rough diamond weighing 21.92 carats, 17.32 carats, and 15.84 carats.
Diamcor said in addition to the recovery of these special category diamonds, about 2,400 carats of rough diamonds were recovered.
"We are very pleased with the results of the initial modifications made to the processing plants, as well as with the number of larger diamonds recovered on very limited volumes," said Diamcor chief executive Dean Taylor.
"With these initial modifications meeting or exceeding expectations, our focus will now shift to running increasing volumes in the coming weeks, and to completing the installation of the paste thickener system to allow for us to further increase processing volumes for the long term."

Mathew Nyaungwa, Rough&Polished