Platinum’s rare nature gives it additional value and appeal

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Marco Carniello: We want to continue to be the engine boosting the jewellery industry

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There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

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23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

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16 august 2021

BlueRock boosts production at Kareevlei after Covid-19 lockdown

09 june 2020

Image credit: BlueRock

BlueRock is recording production of 41,500 tonnes in the 21-day period following the resumption of its operations last month when mines in South Africa were allowed to partially resume operations.
Production at its Kareevlei diamond mine in the Kimberley region of South Africa is now averaging almost 2,000 tonnes a day since May 11.
This is 65% higher than the average daily production in the prior record quarter of the fourth quarter of 2019, which saw total production of 110,000 tonnes.
“The modifications made to the primary crushing circuit and the introduction of the third pan together with the processing of softer near surface material have allowed us to increase production at minimal cost whilst also reducing operating costs,” said BlueRock executive chairperson Mike Houston. 
“The amalgamation of KV1 and KV2, which will provide considerable flexibility to our mining operation, is progressing well and is expected to be fully operational in Q3 2020.”
He said whilst the amalgamation is ongoing, the company had been processing a higher percentage of lower grade near surface material and as a consequence the average grade for the diamonds currently in stock is 3.14 cpht.  
“We expect to be mining in higher grade areas towards the end of June and we are confident that grades will return to 2019 levels of in excess of 4 cpht,” said Houston.

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