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...

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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...

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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...

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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

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23 august 2021

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

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Stellar to generate regular cash flow from Baoulé in 2015

21 november 2014

Stellar Diamonds said it commenced trial mining with large gem quality diamonds recovered at its Baoulé project in Guinea where it seeks to generate regular cash flow from next year.
The first ore processed yielded 196 carats in total, or 17 carats per hundred tonnes, which was well ahead of the minimum expected grade of 13 carats per hundred tonnes.
“Stellar has continued to deliver on its milestones this financial year. Since entering a joint venture on the Baoulé kimberlite pipe project in Guinea we have quickly established a trial mining operation that has delivered its first diamonds with higher grades than expected,” said Stellar chief executive Karl Smithson. 
“The presence of larger gems of around five carats in size from early production runs has been particularly encouraging. Our target is to increase production towards 2,000 carats per month and to establish a regular cycle of diamond exports and sales during 2015."
Stellar said it had decided to advance the Tongo kimberlite dyke project in Sierra Leone to the feasibility stage following on from a positive economic scoping study on the 1.1 million carat resource of Dyke-1.
The bulk sampling phase of this feasibility study had been completed and had returned higher grades than previously established, with the presence of larger gem quality diamonds in the sample.

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