Additional tender delivered by Diamcor

According to Diamcor Mining announcement, the initial tender of 2,606.50 carats of rough diamonds recovered from resumed processing exercises at the Company’s Krone-Endora at Venetia Project, an additional 5,335.83 carats of rough diamonds were delivered prior to the end of October. 

A total of 2,277.47 carats of these rough diamonds were recovered as part of planned refinements to the Project’s screening systems, and were sold for gross proceeds of USD $431,701.48, resulting in an average price of USD $189.55 per carat. 

Diamond production advanced at Botswana

According to the Botswana Diamonds the Thorny River project in South Africa is on development spree!

 A mining contract has been concluded with Palaeo Minerals Pty Limited & that will enable the Company to self-fund the Thorny River project from bulk sampling through to mine development, assuming positive results.

Modelled diamond grades and value ranges were reported in February 2018 the annual benefits of the contract over the 3 to 6 year mine life of Thorny River could potentially be between US$2 to US$7 million annually.

Forevermark diamonds studded collection launches

Forevermark, the diamond brand from the De Beers Group, celebrates its growing association with AVR Swarna Mahal with the launch of a glittering new collection. AVR Swarna Mahal, which provides authentic jewellery and value for money to their clientele in Southern India, has created a special range of jewellery including earrings, pendants, rings, bangles, and necklaces set with beautiful, rare and responsibly sourced Forevermark diamonds.

The new collection was presented in a glittering fashion show at the boutique in Salem. “Less than 1% of the world’s diamonds are eligible to become Forevermark. Using these diamonds in our designs not only enhances the jewellery but also maintains and increases our credibility with our customers.

The Glitzy Collection by Adawna

Let your gems speak this party season. As Christmas draws near, celebration is in the air. To mark this joyous time of year, Adawna proudly presents, The Glitzy Collection, which reflects the incandescent beauty of the falling snow.

The line features a wide range of rings, earrings and bracelets crafted with dazzling white stones in different kinds of base metal and different shapes, to mimic the spectacular beauty of the snowy winter. All the pieces feature a twinkling shine that brings to mind the serene beauty of the night sky in winter.

Bijouterie statements for autumn

When people stepped out of their homes wearing rudrakshas, colourful threads, beads and colourful masks; it was clear that jewellery will be the limelight this autumn. Razia’s ultimate jewellery trend guide will make you feel bougie, cultured, and artsy.

These art pieces harmonizing with any of your autumn clothing will make you look sumptuous and modish. This autumn, offset your accessories with Razia Kunj and leave a mark. For every piece has a story to tell, say your story wearing these bold and beautiful pieces. Before you shell out money from your pocket, see few of the extraordinary pieces sold on her website.

Diagold launches the Starlit Collection

As the party season is around the corner it’s time to go all-out glamorous.  To mark this joyous occasion, Varda Goenka- Fine Jewels by Diagold launches “The Starlit Collection”. Adorned with the range of sparkling jewels the assortment offers a variety of stunning diamond pieces that perfectly blend with the upcoming party season. 

With a playful and chic jewellery design, the brand presents a magnificent array of classy earrings, ring, necklace and a bracelet finely crafted in dazzling white and black diamonds. The entire range of contemporary designs is apt for the Christmas party season and can also be easily paired with a number of different outfits for cocktail parties and wedding receptions.

Putin launched a new diamond deposit

Alrosa has started commercial diamond production at Verkhne-Munskoye Diamond Field in Yakutia. The new diamond field will operate for at least 20 years, ensuring reliable diamond production and providing workplaces for local residents.

Vladimir Putin, the President of the Russian Federation, and Anton Siluanov, the First Deputy Prime Minister and the Minister of Finance of the Russian Federation, took part in the official ceremony dedicated to start of mining operations. The first industrial explosion at the facility was set off by Aysen Nikolaev, the Head of the Sakha Republic (Yakutia), and Sergey Ivanov, Chief Executive Officer of ALROSA Group.

About 100 special size rough in Israel

Alrosa, the world’s largest diamond mining company, will hold an auction for the sale of special size rough diamonds (over 10.8 carats) and polished diamonds of own manufacture. The auction will take place in one of the world’s largest diamond trade centers – Ramat Gan (Israel), on & to run up to November 22.

The company will put for the auction 127 large gem-quality rough diamonds with total weight of 2,244 carats. Over 100 companies from Belgium, Hong Kong, Israel, India, UAE, the US and Russia were invited to participate in the auction.

Discovery of new alluvial mining areas

Lucapa Diamond Company Limited and its partners, Endiama and Rosas & Petalas, are announces the discovery of a new alluvial source of large and premium-value diamonds at the Lulo diamond project in Angola. To date, the diamonds mined from Lulo, the world’s highest average US$ per carat alluvial production have been sourced predominantly from the terrace deposits along the Cacuilo River valley.

The Lulo partners recently began exploring the extensive flood plains along the about 50km stretch of Cacuilo River valley within the Lulo diamond concession to determine whether these areas were also host to exceptional alluvial diamonds! The positive results from the first of these flood plain areas tested, adjacent to Mining Block 31-where regular Specials (diamonds >10.8 carats) were recovered, demonstrate the potential to open additional and expansive new mining areas at Lulo.

Sierra Leone to boost mining with 20mn

The Vice President of the Republic of Sierra Leone, Hon. Dr. Mohamed Juldeh Jalloh, on behalf of His Excellency Rtd Brigadier, Julius Maada Bio launched the second phase of the Extractive Industries Technical Assistance Project (EITAP 2) at the Miatta Conference Center in Freetown. This is a US $20 million project supported by the World Bank to improve the minerals sector in Sierra Leone.

Delivering the keynote address at the ceremony, Hon Vice President Dr Mohamed Juldeh Jalloh expressed government’s profound gratitude to the World Bank for their tremendous support to the government and people of Sierra Leone over the years, noting that the transformation of extractive resource wealth to tangible development outcomes can only be achieved through effective governance of the mining sector, while taking into cognizance the need to mitigate the adverse environmental and social impact.