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Alweendo reins in CPB over gems tender

THE Central Procurement Board has failed to convince mines minister Tom Alweendo why it picked a diamond valuation company that charged the government N$70 million more than the outgoing service provider. The CPB, on behalf of the mines ministry, had awarded a N$300 million contract to Gem Diamonds Namibia to …

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Confidence in the diamond sector

By Jonathan Kendall* I have previously discussed how vital confidence is if you are to succeed at any and all stages of the diamond value chain, and to maintain confidence requires expertise, innovation and hard work. In the diamond sector, this has never been truer than it is today. Across …

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XRT technology recovers 1,758 carat diamond in Botswana

TOMRA Sorting Mining technologies have enabled Lucara’s diamond mine in Botswana to discover an unbroken 1,758 carat stone The diamond is the largest to be mined at Karowe to date, weighing close to 352 grams through the TOMRA XRT sensor technology. “As the largest diamond ever recovered by a mechanical …

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Angola’s diamond industry makeover underway

The Angolan government aired out plans of refurbishing the diamond sector as being in progress. Speaking at a conference on the re-organising of oil and gas, Diamantino Azevedo Angolan Minister of Mineral Resources and Oil stated that the diamond sector will undergo similar changes to the oil sector. With the …

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Seal of approval for De Beers diamond verification instruments

De Beers Group Industry Services’ four diamond verification instruments (DVI) submitted for testing as part of Project ASSURE have received outstanding results. Project ASSURE is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and gemmological laboratories, …

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Liqhobong Mine recovers 70 carat white diamond

Junior diamond miner Firestone Diamond has recovered a 70 carat white, makeable diamond from its Liqhobong Mine in Lesotho. The development follows after a 46 carat gem diamond that was recovered in December, sold for more than US$1 million at a recently held sale. Meanwhile the 70 carat diamond was …

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De Beers’ diamonds prospects remains positive

International diamond group De Beers remains optimistic about its rough diamonds sales, as the year comes to an end. “As the industry’s focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. …

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Rough diamonds production soar

De Beers has announced that rough diamond production for the second quarter of the year, increased three per cent to 9.0 million carats, reflecting production increases to meet stronger demand as well as the contribution from the ramp-up at Gahcho Kué. In Botswana, the group’s company Debswana’s production increased six …

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Rough diamond sales increase

Interim figures for De Beers rough diamond sales for cycle four of 2018 showed an increase of US$550 million (N$7 billion). The figures are from Global sightholder sales and auction sales show that the sales value for the third cycle of 2018 stood at US$524 million (N$6,62 billion), slightly lower …

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Signet Jewelers join pilot blockchain platform, Tracr

Signet Jewelers, the world’s largest retailer of diamond jewellery, will become the first retailer to join its pilot programme TracrTM, the end-to-end diamond blockchain being developed by De Beers Group in collaboration with the diamond industry. The company joins the growing list of industry leaders trialing the platform during its …

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