Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

Yesterday

Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

We live in a new dimension of environmental responsibility carried by business

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic...

18 november 2019

De Beers’ GemFair delivering ‘positive impacts’ to ASM sector in Sierra Leone – David Johnson

GemFair, a pilot project developed by De Beers to create a secure and transparent route to market ethically sourced artisanal and small-scale mined (ASM) diamonds, is already delivering “important positive impacts” in Sierra Leone. Group head...

11 november 2019

Botswana Diamonds raises £250k to fund exploration, progress SA bulk sampling

19 july 2019

botswana_diamonds_logo.pngBotswana Diamonds has raised £250,000 before expenses through the placing of 50 million new ordinary shares to fund its operations in in Botswana and South Africa.
It said in a statement that the funds will be used to continue diamond exploration efforts in Botswana and progress the Thorny River bulk sampling programme, in South Afica.
The diamond exploration company said funds will also be used for general working capital purposes and to bring the Marsfontein dumps and gravels into commercial production with first diamond sales expected by the fourth quarter of 2019. Marsfontein is contiguous to and an extension of the Thorny River project.  
Botswana Diamonds recently said its 40%-owned Vutomi had been granted permission to sell diamonds recovered during bulk sampling at the Thorny River project.
At least 256 carats of rough diamonds had been recovered as of June 10 from re-commissioning the processing plant.


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Thorny River Project                                                                                            Image credit: Botswana Diamonds

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