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

Pangolin raises $849k to continue funding Botswana exploration projects, extends option on AK10 kimberlite pipe

11 september 2019

pangolin_diamonds-logo.pngPangolin Diamonds, which focuses on exploring and developing commercial diamond mines in Botswana, has raised $848,860 at the closing of a non-brokered private placement.
Proceeds of the offering will be used to continue exploration at the company’s wholly owned exploration projects in Botswana, inclusive of a Phase 1 drilling programme at MSC, the company’s advanced stage exploration project.
It said drilling is set to commence in the fourth quarter of this year to test multiple priority targets recently identified through a combination of soil sampling and high-density ground-magnetic surveys.
A portion of the funds will be allocated toward further evaluation of the diamondiferous AK10 kimberlite pipe, on which the company holds the option to earn up to 75% interest.
Meanwhile, Pangolin Diamonds said it extended its option to enter into a formal joint venture on the diamondiferous AK10 kimberlite pipe to June 30, 2020.
The company can earn 51% of the project on producing 500 carats of diamonds and 75% of the project on completing a bankable feasibility study.

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