Consumers attracted to diamond jewelry more than ever

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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...

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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...

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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

‘SA junior diamond miners have potential to boost mining sector’

30 july 2020
South African Diamond Producers Organisation (SADPO) says junior exploration and mining companies have potential to boost the growth of the local mining sector.
SADPO representative Lyndon De Meillon was quoted by Mining Weekly as saying that the junior diamond mining sector last enjoyed its glory days between 1990 and early 2000s.
 “In 2000, prior to South Africa’s changes to mineral policy ownership and regulation, and introduction of new ownership requirements, this key industry supported about 2 000 small and medium-sized private and listed operators,” he said.
SADPO said policymakers should ensure that the legislative and regulatory regimes are revised to create an enabling environment for the sector. 
The organisation also suggested a small miners development fund to help with the transformation and job creation as well as provide access to information and technical assistance to juniors from the Council for Geoscience and Mintek.
SADPO chairperson Gert van Niekerk said although there are a few small listed operations, the companies were finding it difficult to survive when mining ultralow-grade, low-margin deposits.
“Regrettably, the one-policy-fits-all approach, and the red tape imposed by the various government [departments and] agencies are particularly disadvantageous to the junior mining sector,” said Van Niekerk.
South Africa produced about 9.25-million carats in 2018 and of this smaller kimberlite operators produced about 10 000 carats, according to SADPO.

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