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

Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

BlueRock unearths 16.28 ct diamond at Kareevlei mine

11 february 2019

bluerockdiamonds_logo.pngBlueRock Diamonds has unearthed a 16.28 carat diamond of gem quality from its 74 percent-owned Kareevlei mine in South Africa.
The diamond was 4.58 carats larger than the largest stone previously recovered from Kareevlei.
“The quality of these diamonds is a reminder of why we are so confident about the potential of the Kareevlei mine and the outlook for 2019,” said BlueRock chief executive Adam Waugh.
The latest discovery follows hot on the heels of the company’s recovery of an exceptional 8.97 carat diamond beginning of this month, which marked the third stone independently valued in excess of $50,000 mined from Kareevlei.
The two previous record value stones were a 7.76 carat stone recovered in 2017 and sold for $10,070 per carat and a 10.58 carat stone recovered in 2018 and sold for $7,047 per carat.   
The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes. It was estimated that the remaining Inferred Mineral Resource from the four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a potential in-ground number of 367,000 carats. 

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