Lab-grown diamonds will eventually dominate the fashion markets across the world, predicts Rohan Siroya, CEO of Evermore

Rohan Siroya, the scion of the Siroya jewellery empire, has a clear ambition to catapult the company into the next phase of development and continued success. Having honed his skills as a real estate developer in Mumbai, Rohan has demonstrated his versatility...

Today

De Beers to start production at SA's Venetia underground project this year, establishes JV with Endiama in Angola

De Beers is expected to begin production at its Venetia underground project in South Africa this year, almost two years behind the initial commence date. Construction of the underground project started in 2013 and first production was targeted or 2021...

30 january 2023

“Although we’re the 7th world gold producers, we have to buy the metal in USA”

With more than 45 years in the industry, Clemente Guevara runs New Fashion Peru, one of the three largest jewelry companies in the country. All together control the 90% of a 120-million-dollar jewelry export market. Mr. Guevara is also a member of...

23 january 2023

Consumers are testing a vastly less-expensive alternative to natural diamonds - Vin Lee, CEO of Grand Metropolitan

Vin Lee, the self-made billionaire CEO of Grand Metropolitan of USA, is popular as the 'King of Luxury'. The Beverly Hills family office 'Grand Metropolitan' is a $7 billion AUM privately held luxury goods holding company with a 60-brand...

16 january 2023

"Surat Diamond Bourse will become the voice of industry in the coming days," says Vallabhbhai Patel, Chairman of the Surat Diamond Bourse

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, looks towards the Surat Diamond Bourse (SDB) to play an important role in turning Surat into the world’s largest manufacturing and trading diamond hub in a short period. Vallabhbhai dreamed...

09 january 2023

Botswana Diamonds completes construction of Marsfontein alluvial project

23 january 2023

Aim-listed Botswana Diamonds has completed the construction of its Marsfontein alluvial project in South Africa.
Company managing director James Campbell said stripping of the overburden overlying the gravels had also commenced.  
The Marsfontein project is a precursor to the larger Thorny River project which is expected to come on stream in the second quarter of this year.
Meanwhile, Campbell said regulatory approval had been received to increase the company's stake in the highly prospective Maibwe joint venture in Botswana.
Botswana Diamonds’ 51.7%-owned Siseko Minerals increased its stake in Maibwe JV from 29% to 50% in July last year. 
Maibwe has 11 prospecting licenses in the Kalahari of Botswana with several kimberlite pipes; one of which has reported significant quantities of micro diamonds.
  
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished