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

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

Pangolin Diamonds receives permission to proceed with 500t bulk sample at AK10

25 june 2020
Pangolin Diamonds’ joint venture partner on the AK10 kimberlite, in Botswana, Makunwu Civil Blasting has been granted permission by the Department of Mines to proceed with the 500 tonne bulk sample.  The bulk sample will be extracted from underground and access will be via a vertical shaft.
“Operations ceased when kimberlite was intersected at a depth of 13 metres,” it said.
“The shaft will be extended to a depth of approximately 32 metres from surface. At the 15, 20, 25 and 30 metre levels respectively, four horizontal drifts will be excavated to a maximum distance of 5 metres in each of the four shaft wall directions.”
Meanwhile, Pangolin said the follow up programme on selected aeromagnetic targets with groundmagnetic and soil sampling surveys in the Malatswae and Motloutse Projects is now underway.  Technical teams were deployed to both Project areas as soon as COVID-19 restrictions were partially relaxed.
The field programme is scheduled for completion in September 2020.  
“Once results are available, all data will be reviewed to select new kimberlite drill targets. It is anticipated that 10 to 15 new targets will be selected for drilling,” said Pangolin.

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