GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

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

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

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

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Stellar Diamonds upgrades Tongo Dyke-1 resource to over 1 mln carats

06 december 2012

Stellar Diamonds has recorded a 63 percent increase in the resource at its Tongo kimberlite dyke project in eastern Sierra Leone.
It said in a statement emailed to Rough & Polished that the inferred resource at Dyke-1 was now 1.074 million carats at a grade of 120 carats per hundred tonnes using a 1.0mm cut-off.
“This has been achieved from successful drilling along its 2.5km strike to depths below 300 metres and modelling that confirmed the continuity of the high diamond grade of 120cpht with depth,” said company chief executive Karl Smithson.
He said that the average diamond value remained as previously modelled in March 2012 at about $248 per carat, giving a modelled in-situ kimberlite value of almost $300/t and a modelled in-situ resource value of approximately $266 million.
“Tongo Dyke-1 therefore has the potential to be a high value, high quality growth asset for the company,” said Smithson.
“Additional resource potential exists from other nearby kimberlite dykes, including the 1km long Dyke-4 which has previously been bulk sampled and returned a diamond grade estimate of 110cpht and an estimated average diamond value of $100 per carat.”
Smithson said the next phase of work on Dyke-1 would be moving towards conceptual economic scoping and thereafter pre-feasibility studies.

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