“With technology all information is immutable and Blockchain cannot be compromised,” reassures Erik Jens, CEO, LuxuryFintech

When Erik A Jens quit ABN AMRO as global CEO of its diamond and jewellery client division, he started his movement called LuxuryFintech, which provides services such as commercial and corporate banking solutions for the art and jewelry sector, and asset-backed...

Yesterday

Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

18 january 2021

Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

Vast raises £1.8m for Zimbabwe operation

01 october 2019

VAST_Resources_logo.jpgVast Resources has raised in aggregate £1.8 million, before costs, through the issue 902.5 million ordinary at a price of 0.20p per share.
The AIM-listed mining company said the cash raised from the subscription, which includes payment for expenditure already incurred, will be used for mobilisation and for general purposes necessary for the establishment of its operations in Zimbabwe.
Vast said it also expects to sign binding documentation for a finance facility of $13.5 million later this week.
Vast recently signed a joint venture agreement with Chiadzwa Mineral Resources (CMR) to mine diamonds in Chiadzwa (Marange), in Zimbabwe. 
CMR is a company designated to represent the Chiadzwa community interests in the Chiadzwa community diamond concession.  
This resulted in the formation of Katanga Mining, which is in turn expected to sign a joint venture agreement this week with the state-owned Zimbabwe Consolidated Diamond Company (ZCDC).
Vast’s 25%-owned Dallaglio Investments also acquired a 95% interest in the Eureka gold mine, in Zimbabwe, earlier this year.

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