“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

BlueRock boosts diamond sales, output

11 january 2019

BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in South Africa, said its diamond sales rose by 71% to 5 805 ct in 2018, compared with the 3,385 ct sold the previous year.
It also produced 5,805 carats in 2018 compared with 3,385 carats recorded in 2017. 

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                    Image credit: BlueRock


Its average grade leaped by 34% to 3.28 carats per hundred tonnes (cpht) from 2.45 cpht in 2017.
BlueRock chief executive Adam Waugh said results from the company’s second kimberlite pipe, KV1, which came on stream last June and from the undiluted levels of their first kimberlite pipe, KV2, had shown a marked increase in grade, which was expect to continue into 2019. 
“Our move to a 365-day operation is expected to start in February and is expected to give us around 40% additional plant availability,” he said.
“This, coupled with a consistently improving grade profile, makes the outlook for 2019 very encouraging. 
“It is hoped that the operational improvements seen over the last two years and further improvements planned will now translate into generating value for shareholders”.

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