Demand will pick up once the season starts

N Anantha Padmanaban took charge as the Chairman of the All India Gem & Jewellery Domestic Council (GJC) in January 2019. He has immense hopes and confidence in the Indian jewellery sector. His motto is to ‘ensure that after the day’s business...

14 october 2019

Prospects for discovering new diamond deposits in the Arkhangelsk Province are far from exhausted

ALMAZINTECH is engaged in technical auditing and comprehensive assessment of activities performed by exploration, diamond mining and gold mining businesses in Russia and other countries, as well as carries out research and development. It employs highly...

07 october 2019

Botswana Diamonds eyes expansion of Thorny River to include Marsfontein – Campbell

Botswana Diamonds, which has a 40% stake in Thorny River, through Vutomi, said there are plans to expand the project located in South Africa to include Marsfontein once a mining permit for the latter has been awarded. Company managing director James...

30 september 2019

Diamond knife and tender system: The tight-fisted paying twice?

LLC Kristalin is the only company in Russia that manufactures microsurgical diamond blades for domestic healthcare that meet international requirements and are used in ophthalmology, neurosurgery and plastic surgery. Mikhail Zhiltsov, the company’s Deputy...

23 september 2019

Didier Giard: Stiff competition among the diamantaires is one of the factors of the price war

On September 9, 2019, the French Association of Gemmology (l’Association Française de Gemmologie, AFG) held its regular Paris Gemmological Rendez-Vous. Its organizer, Didier Giar, the head of the AFG kindly agreed to answer questions from Rough&Polished...

16 september 2019

BlueRock recovers higher diamond grades from SA mine

02 july 2019

bluerockdiamonds_logo.pngBlueRock Diamonds said the average grade at its Kareevlei mine, in South Africa leaped 34% to 3.28 carats per hundred tonnes (cpht) in 2018 from 2.45 cpht, a year earlier.
The average stone size recovered in 2018 was around 0.35 carats in size and more than 90% of diamonds of gem or near gem quality.
The AIM-listed company is targeting to process between 280,000 tonnes of ore and 330,000 tonnes in 2019.
It processed 189,990 tonnes of ore from 572,664 tonnes mined in 2018.
BlueRock has now started seven-day a week, 365 days a year mining at Kareevlei.
“We now have the right strategy, the right team and sufficient funds in place to begin to really exploit this potential,” said company executive chair Michael Houston. 
BlueRock’s diamond sales rose 71% in 2018, while its revenue jumped to £1.4 million from the previous year’s £950 000.
However, the company recorded a loss before tax of £2.4 million as operations continue to move towards the economies of scale required to become profitable.

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