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...

Yesterday

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

Lucara sees an opportunity for an underground operation at Karowe beyond 2026

24 june 2014

Lucara Diamond said the enhanced contained value per tonne at its wholly-owned Karowe mine in Botswana provides an opportunity for an underground operation at the mine beyond 2026.
Currently, Karowe runs through to 2026.
Lucara chief operating officer Paul Day told Rough & Polished in an interview (full text to be published soon) on the sidelines of the Botswana Resource Sector Conference that the company had surpassed the ore-body prediction.
“I think if one was to take the balance of production, year to date, one would come up with a contained value according to the resource model of between $380 and $400 per carat, in fact we have achieved well over $600 per carat,” he said.
“Initially we were planning to undertake such a study in 2017 and 2018, but in fact we are looking at doing a conceptual study for underground development in the very near future.
“We are hoping that will come to fruition and if does indicate that then we will study further and inevitably that success will take the life of the mine well beyond 2026.”
Meanwhile, Day said Lucara would from next year start selling their diamonds in Botswana.
Lucara’s stones were currently being sold in Antwerp.
“We will be transforming over to 100 percent Botswana viewings and sales in 2015,” he said.
“So our first initial step in terms of just beneficiation to the overall industry outside of mining is we have established a de-boiling facility, so we no longer have to send stones out of the country to de-boil them. So that’s our current first step.”

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