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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Stellar recovers first diamonds from Guinea’s Baoulé trial mining

10 october 2014
Stellar Diamonds said it recovered its first diamonds from the commissioning of the mine plant at the Baoulé kimberlite pipe in Guinea.
The company said in a statement emailed to Rough & Polished that the 100tph treatment plant was commissioned on schedule last September and the first limited ore processed yielded 54 carats, including stones of 3.76 cts and 1.37 cts.
“I am delighted to be on site to witness the first recovery of diamonds from our Baoulé pipe which is a key milestone for Stellar,” said Stellar Diamonds chief executive Karl Smithson.
He said the company’s next objective was to optimise the commissioning of the plant before increasing the volume throughput of kimberlite ore.
Smithson said whilst this large scale bulk sampling, or trial mining, was expected to establish the diamond grade and value of the kimberlite pipe to a high degree of confidence, it was also expected to provide cash flow to the company over the next year.
The Baoulé kimberlite pipe was discovered in 1999 and was subject to drilling and initial bulk sampling by earlier operators. In-house modelling of previous drilling over the pipe suggests a target of over 22 million tonnes to a depth of 300m, which, at the dense media separation (DMS) generated grade of 13cpht, would suggest a target of 3 million carats; increasing to 6.5 million carats using the average microdiamond grade of 30cpht.
Meanwhile, the company said it now owns a 75 percent interest in Baoulé.
The company also said that it was still monitoring conditions in the area with regard to Ebola.

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