An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

15 october 2018

High technologies make it possible to create a product that can be obtained in natural stones only for very big money

Andrey Zharkov, having left the position of President at diamond mining company Alrosa, has established and headed the Ultra C company, which will be engaged in the production of diamonds from the reactor. In this interview with industry news agency...

08 october 2018

The once unorganised domestic jewellery sector in India is now growing

A veteran businessman, former Chairman of Gem & Jewellery Council (GJC), Bullion Expert, a third-generation jeweller born with a silver spoon (or was it gold?) in his mouth, a perpetual optimist … yes, the list could go on. As the first...

01 october 2018

India is poised to become a major fine jewellery market in the near future - Pramod Agrawal, Chairman GJEPC

Pramod Kumar Agrawal, the current Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a successful entrepreneur in his own right. Despite belonging to a jewellery business family, with his father dealing in gemstones...

24 september 2018

Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

BlueRock Diamonds downgrades output guidance amid plant reliability problems

11 october 2018
BlueRock Diamonds has further downgraded its annual production guidance to 200,000 tonnes from 220,000 due to problems with the reliability of the plant at its Kareevlei mine in South Africa.
Its production volume was 63,621 tonnes in the three months ended September 30 despite issues with the crushing circuit.

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Image credit: BlueRock Diamonds


Production for the year was 133,050 tonnes compared to 103,506, a year earlier.
It said its average grade was flat at 3.1 carats per hundred tonnes (cpht), while the value per carat averaged $341 in the quarter from the previous quarter’s $362.
“Our increased production in the quarter and in 2018 is encouraging however we are not yet where we would like to be,” said BlueRock chief executive Adam Waugh.
“Operations are moving into an exciting phase and the knowledge built up at Kareevlei will be important in making the correct decisions for the future.”

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