NEWS

Mining Permit granted to Marsfontein

Mining Permit granted to Marsfontein

Botswana Diamonds (BOD) said a Mining Permit covering the diamond bearing gravels and residual unprocessed stockpiles surrounding the iconic Marsfontein Mine has been granted to its associate Vutomi Mining Pty Ltd.

 

As previously announced Vutomi has partnered with Eurafrican Diamond Corporation (EDC) to mine and process the identified deposits on both Marsfontein and Thorny River.  EDC has commenced with site establishment and commissioning is expected to commence within the next two weeks with production ramping-up once commissioning is complete. Cash flows from Marsfontein will be used to fund ongoing exploration work in Botswana and South Africa.


Waterberg set to be the topmost in the world!

Waterberg set to be the topmost in the world!

Platinum Group Metals Ltd reported the significant advancement of the large Waterberg Palladium Project at a time of increasing prices and interest in palladium. On September 24, 2019 the Company reported the positive results of a Definitive Feasibility Study (DFS) for its Waterberg Platinum and Palladium Project, located on the Northern Limb of the Bushveld Igneous Complex in South Africa.

 


 

AngloGold free cash flow up by 156%

AngloGold free cash flow up by 156%

AngloGold Ashanti increased free cash flow to $87m in the third quarter of 2019, more than double the free cash flow in the third quarter of 2018, as the Company prepared to recommence production from its Obuasi mine which is on track to pour first gold by the end of the year.

 

Obuasi, the 36Moz ore body in Ghana, is set to resume production by year-end, ahead of an anticipated ramp-up through the course of 2020 which is expected to introduce about 400,000oz a year of lower-than-average cost production to the Company’s portfolio. The strong improvement in cash flow, aided by a higher gold price, helped reduce debt and bring leverage close to the Company’s target levels.

 


Latique launches new collection

Latique launches new collection

The collection breaks the traditional symmetry of Indian jewellery to create a contemporary effect that speaks of individuality and panache. The lines of clustered brilliant-cut diamonds defy expectation and convention in a way that commands and holds the gaze. Be it a professional meeting or a destination wedding, these jewels will become the essentials of your collection.

 

Designed with inspiration from the happiest moments, they are truly handcrafted at the house of Latique. When something is built like this, rarity is often equated with it.

 


 

India Skills Agenda with Germany

India Skills Agenda with Germany

The Ministry of Skill Development and Entrepreneurship (MSDE) today signed two major agreements, referred to as Joint Declaration of Intent (JDoI), along with Federal Ministry for Economic Cooperation and Development (hereinafter referred to as BMZ), Germany. One DoI was with the Federal Ministry of Education and Research (hereinafter referred to as BMBF) for Cooperation in the Field of Skill Development and Vocational Education and Training. The second was signed for Dual VET initiative marking Sustainable Growth of Skills with Siemens Limited, India.

 

The intended cooperation agreements will give special emphasis to enhancing the quality of trainees thus enabling them to gain and apply further technology skills and subsequently help them to find employment in innovative, sustainable sectors and technologies such as renewable energy, e-mobility and energy-efficiency.

 


Sierra Leone seeks independent diamond valuation services

Sierra Leone seeks independent diamond valuation services

The National Minerals Agency (NMA), Sierra Leone desires to engage firms for the provision of Independent Diamond Valuation Services and now requests for proposals from all qualified and certified Independent Diamond Valuation (IDV) companies who wish to submit applications/proposal for the provision of these services to the National Minerals Agency.

 

Terms of Reference are 1: Ascertain the international market value of the diamonds produced in Sierra Leone.

2: Provide and maintain modern electronic valuation system to be used by the Precious Minerals Trading Directorate (PMT) of the National Minerals Agency (NMA). 3: Undertake unbiased market intelligence on the global diamond industry and advice on the effect that the changes in the world market of rough diamond prices may have on the rough diamond market in Sierra Leone.

 


DPA appoints Head of Industry Relations

DPA appoints Head of Industry Relations

The Diamond Producers Association (DPA) announces the appointment of Raluca Anghel as its Head of External Affairs and Industry Relations, effective 1st November 2019.  Raluca Anghel will be based in London and report into the DPA’s Chief Executive, Jean-Marc Lieberherr. She previously held positions with Microsoft Europe and more recently with the European Parliament.

 

The Head of External Affairs and Industry Relations is a new DPA position in charge of leading the development and implementation of the DPA’s external engagement strategy, in close collaboration with its Members.  In her position, Raluca will engage with main industry bodies to ensure alignment and leverage opportunities for collective industry action, including joint communication programs.

 


CIBJO Pearl Report published

CIBJO Pearl Report published

With fewer than three weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the eighth of the CIBJO commissions' Special Reports has been released. Prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, it looks at the growing impact of environmental and conservationist factors on the pearl sector, noting that these pose challenges but also provide opportunities for the industry.

 



Festive Special Range showcased!

Festive Special Range showcased!

Ratanlal C. Bafna Jewellers (RC Bafna), one of the most trusted jewellery houses in the country with a legacy of over four decades, currently operating their stores in Jalgaon (HO), Pune, Aurangabad, Nasik, Nandedare offering an exclusive and ornate range of jewellery ahead of festival season.

 

This new collection, Kanika, is unique and comprises diverse jewellery including earrings, necklaces, sets, rings, bangles and more, carefully designed to suit the festive celebrations. Inspired by the colours of nature, the collection includes diverse stones like diamonds, opals, emeralds, rusted rubies and other premium ones as well as versatile colours. These have exclusively been outsourced in order to create the finest jewellery from the Dhanteras festival.


Platinum, the celebrity choice!

Platinum, the celebrity choice!

Jennifer Lopez Wears Harry Winston Jewelry Set in Platinum to

the Academy Of Motion Picture Arts And Sciences,

11th Annual Governors Awards

 

Jennifer Lopez wore Harry Winston jewelry set in Platinum to The Academy of Motion Picture Arts And Sciences, 11th Annual Governors Awards in Los Angeles on October 27th. She spotted with 1: Secret Combination two row diamond necklace (29.92 carats), set in platinum, 2: Secret Combination hoop earrings with diamonds (18.30 carats), set in platinum,

 


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