Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

BlueRock narrows H1 losses as grades improve at Kareevlei

21 september 2018
BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.
The mine’s average grade for the period was 3.17 carats per hundred tonnes (cpht) compared to 2.26 cpht in 2017, while production increased 81 percent year-on-year to 73,028 tonnes from 40,343 tonnes, the previous year.
It said its average value per carat was $340 during the period under consideration compared to $362 in the first half of 2017.
BlueRock chairperson Paul Beck said the improved production volumes were achieved despite a seasonal downturn during the period coupled with a previous fault with a crusher that had temporarily stopped production in June.
“Post-period end, all issues with the crushing circuit have now been resolved and we are operating at approximately 50 percent increase in throughput with average tonnes processed per day approaching 1,500 tonnes,” he said.
Beck also said that the development work BlueRock was conducting at KV2 would provide them with “good quality” high grade kimberlite in 2019 as they “look forward to the results from [the] new pipe at KV1 with enthusiasm”.

Mathew Nyaungwa, Rough&Polished