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...

Yesterday

“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

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

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