“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

20 may 2019

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 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. 

                    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