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

Belgian-quality diamond boiling in Dubai from TRIGEM

Born in New York, David Zabinsky is CEO & Co-Founder of TRIGEM, an independent diamond service provider in Dubai. Before TRIGEM, David was Manager at Ras Al Khaimah Economic Zone, where he was responsible for securing North and South American investment...

05 november 2019

Pavel Shelkov: "Our project is an attempt to fit Russia into the global trend and create a new private company in the diamond industry"

At the end of September, Moscow hosted the Second Annual Conference, "Gold and Diamond Mining Companies of Russia and Europe." The audience showed great interest to the presentation made by diamond geologist Pavel Shelkov of Almazy Zapolyarya...

28 october 2019

The team that turns sleeping stones into beautiful polished diamonds

Maxim Zemlyakov is the Director General of ADMS OOO, a company cutting and polishing natural and synthetic diamonds in Oryol. He has been the Director General of Oryol-ALROSA since 2007. Before heading it, he worked as a grinder, cutter, instructor...

21 october 2019

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

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