Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

BlueRock raises £982,000 to support expansion of Kareevlei

17 may 2019

blue_rock_logo.pngBlueRock Diamonds has raised £982,000 through an equity sale to support expansion plans at its Kareevlei mine, in South Africa.
It said the funds raised were expected to help the company reach its medium term goal of processing more than 400,000 tonnes per annum.  
Company target for 2019 was between 280,000 tonnes and 330,000 tonnes. 
Meanwhile, BlueRock said it would soon enter into a contracting agreement with a member of the Teichmann Group, a pan African civil engineering and mining group, to provide the quantity of ore necessary to meet its production plans. 
“Teichmann’s extensive experience in mining operations is expected to significantly de-risk the Company’s mining activities and allow BlueRock to meet its production targets in a cost effective manner,” it said.   
Teichmann Company (TCL), an investment company controlled by trusts connected with the owners of the Teichmann Group, has subscribed for 310 million shares in the fundraising for a total of £310,000.
TCL would hold about 19% of BlueRock’s shares following the fundraising and would retain a right to appoint a non-executive director to the board.

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