Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

25 march 2019

“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...

18 march 2019

BlueRock resumes operations at Kareevlei after accident

31 january 2019
blue_rock_logo.pngBlueRock Diamonds has resumed operations at its Kareevlei diamond mine in South Africa following an accident at the mine.
The accident saw South Africa’s Department of Mineral Resources temporarily suspending operations the mine.
The employee involved in the accident was said to be recuperating well.
BlueRock said the temporary suspension was not expected to dent production volume guidance for the year.
The company recently released an updated report on the inferred mineral resource for the Kareevlei kimberlite cluster.
The report, prepared by Z Star Mineral Resource Consultants, updated a 2013 report on the Kareevlei kimberlite cluster, which comprised of the KV1, KV2, and KV3 pipes at the site.
BlueRock said there had been a 3% reduction in tonnes at the Kareevlei kimberlite cluster as well as a 2.2% increase in carats and a 5.4% jump in grade.
The total tonnes at the Kareevlei kimberlite cluster were now estimated at 7.74 million with a grade of 4.7 carats per hundred tonnes and 367,000 contained carats.

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