Consumers attracted to diamond jewelry more than ever

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 september 2020

WDC actively supports initiatives from mine to retail; and also strives for support for the artisanal and small-scale miners - Edward Asscher, President, World Diamond Council

A member of one of the diamond industry and Amsterdam’s most well-known families, Edward Asscher was elected President of the World Diamond Council in June 2020 for a two-year term. Asscher is serving a second time as WDC President, having led the organization...

14 september 2020

Diamonds are one of the few things that have held human fascination in every nook and cranny of the world across time

Dr Usha R. Balakrishnan, a preeminent historian of Indian jewellery based in Mumbai, is Chief Curator of the World Diamond Museum. Being the author and co-author of several volumes of Diamonds Across Time, a new book and an important venture launched...

11 september 2020

Botswana Diamonds to bulk sample KX36 kimberlite, sees commercial potential

Botswana Diamonds recently acquired Petra Diamonds’ exploration assets in Botswana for $300000. The assets that were owned by Petra through its wholly-owned Sekaka Diamonds Exploration, include the KX36 project, a 3.5 hectare kimberlite that was a new...

07 september 2020

Indian diamond industry looks for recovery options

Webinars being the order of the day due to COVID-19 crisis, the Gem & Jewellery Export Promotion Council (GJEPC) of India organized a virtual meeting under its UNCUT 2020 Webinar series on 17 August 2020, inviting all stakeholders to discuss...

31 august 2020

Tango sells 19.87 carat diamond for $4,358/ct

24 july 2019

tango_mining_logo.pngTango Mining has sold a 19.87 carat diamond recovered at its Oena mine, in South Africa for $4,358 per carat.
It also sold a 49.6 carat diamond for $2,561 per carat and a 24.97 carat diamond for $1,101 per carat.
The diamonds were part of the 531.82 carats recovered at the mine between 9 May and 7 July.
These stones were sold at an average price of $1,382 per carat.
“Tango is extremely pleased with the performance of the mining contractors on site who have continually increased and improved diamond production at Oena over the past year,” it said.
Meanwhile, Tango said its contract miner, Bluedust, produced 206 diamonds totalling 407.76 carats between 9 May and 6 July, which were placed on tender or sold to the State Diamond Trader, in South Africa.
The average price received was $1,264 per carat.
This included an 18.2 carat diamond that was sold for $2,850 per carat and a 19.87 carat stone sold at $4,358 per carat, it said.

Image credit: Tango Mining

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