“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

Tango’s Oena diamonds fetch $3,170/carat

13 march 2019

tango_mining_logo.pngTango Mining said it sold 104 stones totalling 284 carats from its Oena mine, in South Africa to the state diamond trader at an average price of $3,170 per carat.
This, it said, included a 26.41 carat diamond which was sold at $12,681 per carat.
Tango produced 297.94 carats (111 diamonds) at Oena between December 2018 and February 2019.
A total of 95,490 t of both ROM materials were processed during the production period with average grade of 0.31 carats per tonne.
Meanwhile, Tango said the Angolan diamond mining company, Endiama gave it the green light to restart operations at Moquita project last month.
The company had since then been active in assisting Cooperativa Mineira Do Moquita, SCRL with mine set up and plant rehabilitation as well as finalising the mine plan. 
It said bulk sampling operations were set to commence next month.

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