Dubai Diamond Exchange (DDE), a subsidiary of DMCC, the world’s flagship Free
Zone and Dubai government authority on commodities trade and enterprise, in
collaboration with Stargems Group, today announced the completion of six
successful rough diamond tenders of SACIM goods (Anhui-Congo Mining Investment
Company) with over 2 million carats sold. The tenders were held at the Almas
Tower with around 200 diamond companies in attendance and were facilitated by
the Dubai Diamond Exchange in a secure, transparent and regulated environment.
this year, DMCC signed a strategic partnership with Stargems, specialised in
the sourcing and supply of fine diamonds, to host a series of rough diamond
tenders. The agreement enables members, miners and suppliers from around the
world to trade and distribute rough diamonds at Stargems’ events hosted at
DDE’s headquarters in Almas Tower.
glamour of the red carpet at Cannes or Hollywood is a far cry from the hot and
dusty pit of the world’s single largest producing emerald mine, Kagem in
Lufwanyama. But for the team at the mine, the excitement of seeing Zambia’s
emeralds on the world stage makes their job worthwhile.
one of the mine’s longest serving employees, Senior Manager for Planning and
Surveying, Aaron Nyangu, it is the culmination of years of training, experience
and hard work that he is now passing on to the next generation of mining
engineers. “I feel proud to see those celebrities wearing our emeralds from
Kagem. It’s a great feeling,” said Mr Nyangu enthusiastically.
announced its financial results for the third quarter and nine months ended 30
September 2018. According to the review, as in prior years, demand for capital
equipment by diamond manufacturers slowed in Q3.
addition to this cyclicality, industry sentiments in Q3 2018 were affected by a
number of macroeconomic factors, including uncertainties surrounding the impact
of trade tariffs on China, credit tightening by Indian banks, increased
volatility in foreign exchange rates and uncertainties relating to the
long-term effects of the advent of lab-grown diamonds (LGD) into the market.
in gem-n-jewellery industry & through pipeline requires adequate management
of 70% & 30% adoption of the technology including mining. While automation
is often seen as silver bullets that can solve a range of mining’s problems,
for Roy Hill’s Christine Eriksen automation is actually a holistic approach
with the majority of the time, effort and funds to be invested in changing in
the people working with the technology on the frontline.
realised that silver bullet approach solely based on technology wasn’t going to
work. That’s why Roy Hill has developed System Thinking,” said the General
Manager Improvement & Smart Business during her “What's happened since we
embraced smart mining into our operations case study” presentation at
International Mining and Resources Conference in Melbourne.
Pink Legacy a sensational coloured diamond ring is being estimated CHF
30,000,000 - CHF 50,000,000
30,022,901 - USD 50,038,169) to auction today!
part of Geneva Luxury Sales, Christie’s Magnificent Jewels auction will take
place on 13 November, offering over 300 exceptional jewels and designs. The
Pink Legacy of an 18.96 carat Fancy Vivid Pink diamond- fancy-cut diamonds of VS1
clarity, type IIa, platinum, ring size, is leading the auction and will be
offered alongside other incomparable diamonds, gemstones and pearls.
dream of producing a bionic eye has taken a step closer thanks to silver. The
challenge of making such a prosthetic has always been to layer light-sensitive
materials onto an orb without the distortion inherent in placing
two-dimensional objects even thin ones like wires onto a rounded surface.
at the University of Minnesota claim to be the first to use a 3D printer to
overlay light receptors on a hemispherical glass surface. Michael McAlpine, a
coauthor of the study 3D Printed Polymer Photo detectors and Associate
Professor of Mechanical Engineering, said in prepared remarks: “Bionic eyes are
usually thought of as science fiction, but now we are closer than ever using a multi-material
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.
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
to the Botswana Diamonds the Thorny River project in South Africa is on
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.
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.
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.
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.
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.
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
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