GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Thunderstorm causes pit slope scaling at Petra’s Cullinan mine

31 october 2019

petra_diamonds_logo.pngPetra Diamonds says there has been a scaling of the open pit wall at the Cullinan mine in South Africa, further to a thunderstorm over the past weekend.
The scaling, which resulted in a large plume of dust, was along geological structures with approximately 3 million tonnes of material falling into the open pit.
It is not anticipated that this incident will have a material impact on production.
"We will take whatever steps are necessary, including the engagement of external technical specialists if required, to better understand this incident and any impact on future pit stability,” said Petra chief executive Richard Duffy.
Mining in the open pit at Cullinan was discontinued more than 50 years ago and all current mining operations are underground. 
It said no one was harmed in the incident and all necessary precautions were taken to safeguard the wellbeing of employees.
As a precautionary measure, all employees were evacuated, while an underground team of ventilation specialists and proto team members carried out an underground inspection and declared the mine safe, with the result that underground mining resumed later on the evening of Monday 28 October.

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