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...

Yesterday

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

Botswana Diamonds H1 loss widens

26 march 2020

Botswana Diamonds’ loss for the six months to the end of December 2019 widened to GBP194,000 from GBP190,000, a year earlier.
The diamond explorer did not record any revenue for both financial periods.
No dividend was declared for the period.
Botswana Diamonds said it raised GBP250,000 post period end to fund exploration and for general working capital purposes. 

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     Image credit: Botswana Diamonds


The total value of assets was GBP8.3 million with GBP13,000 of the amount being cash and cash equivalents held.
Meanwhile, Botswana Diamonds said its wholly-owned Sunland Minerals has undertaken heavy mineral sampling and detailed geophysics in five of its licences in the Kalahari, in Botswana.
An analysis of the results identified eight high grade targets and an environmental assessment work is being undertaken on three of these targets. 
This, it said, is a requirement to obtain drilling permits. 
Botswana Diamonds also said that the current global uncertainty as a result of the outbreak and spread of Covid-19 makes planning very difficult.
“No one knows how long the pandemic will last, the real impact on global diamond markets and the financial system generally,” said the diamond explorer.
“A National Disaster in respect of Covid-19 has been declared in South Africa and this will impact the scheduling of our activities in South Africa and particularly the Marsfontein project in the coming weeks.”

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