GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Lucara to concentrate on Karowe expansion studies

10 january 2019

Lucara Diamond said it will prioritise the completion of a feasibility study examining the potential for underground production and life of mine expansion from 2026 until at least 2036 at its Karowe prospect, in Botswana.
A budget of $14.8 million had been approved for 2019 to complete the feasibility study that was initiated last year.  

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Image credit: Lucara Diamond


Work undertaken in 2018 under a budget of approximately $29 million had significantly de-risked the project and efforts would, this year, focus on follow up geotechnical and hydrogeological drilling and related studies. 
Lucara was targeting to produce between 300,000 ct and 330,000 ct from Karowe this year, out of 2.5-million to 2.8-million tonnes of ore processed at an operating cash cost of between $32/t and $37/t. 
It also forecast revenue of between $170 million and $200 million.
Lucara was expected to pay an annual dividend of C$0.10 per share this year.

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