Artichoke, the lead interior design company for the newly rebuilt Mombo, Wilderness Safaris’ flagship camp set in the heart of the Okavango Delta, has won the SBID (Society of British International Design) Awards in the Hotel Bedroom and Suites Design category. The SBID Awards are regarded as one of the most prestigious accolades in the interior design industry, representing talent and design excellence across all corners of the industry. Each entry undergoes an exclusive two-tier judging process by panels of leading industry experts for both technical content and aesthetic creativity, as well as evaluating brief compliance, budget, health and safety, and…
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Anglo America says its rough diamond production decreased by 5% to 8.7 million carats due to planned volume reductions in Botswana and South Africa (DBCM). The parent company to De Beers noted that Botswana (Debswana) production decreased by 6% to 5.7 million carats due to the planned processing of lower grade material at Jwaneng. Production at Orapa(2) remained in line with Q3 2017 at 2.6 million carats. According to Anglo’s Production Report for the third quarter ended 30 September 2018, Namibia (Namdeb Holdings) production was flat at 0.5 million carats. South Africa (DBCM) production decreased by 14% to 1.3 million carats due…
Tracr, the end-to-end diamond industry blockchain traceability platform being developed by De Beers Group in collaboration with industry stakeholders, says Alrosa has joined the platform’s pilot programme. Alrosa will join industry leaders from the diamond manufacturing and retail sectors in creating the blockchain platform by the industry, for the industry. Following the announcement of the Tracr pilot earlier this year, Alrosa’s involvement brings the world’s two largest diamond producers together to provide enhanced assurance for consumers and trade participants about the provenance and authenticity of their diamonds, and in creating a digital foundation for new services that can only be…
Lucara Diamond Corp. says that Clara Diamond Solutions, its 100% owned digital sales platform, will commence operations in November 2018 with a select group of large vertically integrated jewellery houses and global diamond manufacturers. Clara is designed to achieve a sustainable premium over existing sales channels, including tenders and long-term supply contracts for sellers, and deliver increased margins for buyers. Eira Thomas, CEO said after several months of intense commercialisation efforts which are tracking on schedule and under budget, “we are excited to be moving forward with our first sale.” “Clara is a scalable business solution for the entire diamond industry that…
ALROSA, the world’s largest diamond miner, has announced diamond sales results for September and nine months of 2018. In September, ALROSA Group sales of rough and polished diamonds increased by 9% yoy to $338.7 million. Rough diamond sales by value amounted to $331.6 million, polished diamond sales – $7.1 million. ALROSA’s total diamond sales in January-September 2018 grew 9% yoy and amounted to $3.662 billion. During the nine months of 2018, rough diamonds were sold for $3.588 billion, polished diamonds – for $74.1 million. “September sales growth against last year numbers is due, partially, to the low base effect of…
Tlou Energy Limited, the ASX, AIM and BSE listed company focused on developing gas-to-power projects in southern Africa using coal bed methane (“CBM”) natural gas from its gas field in Botswana, has submitted its response to the Request for Proposal from Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security for the development of up to 100MW of CBM fuelled pilot power plants in Botswana. Tlou’s proposal involves the development of a CBM Gas-to-Power project in stages with an initial development of up to 10MW. According to the company, the submission will be assessed based on eligibility and technical, and…
NYSE-listed Barrick Gold Corporation has announced preliminary third quarter sales of 1.20 million ounces of gold, and 114 million pounds of copper, as well as preliminary third quarter production of 1.15 million ounces of gold, and 106 million pounds of copper. The average market price for gold in the third quarter was $1,213 per ounce, while the average market price for copper was $2.77 per pound. Preliminary third quarter gold sales of 1.20 million ounces, and gold production of 1.15 million ounces, were approximately 16 percent and 8 percent higher than the second quarter, respectively, primarily due to improved throughput…
SC Almazy Anabara, a subsidiary of the world’s largest diamond mining company ALROSA, extracted large 28.59-carat rough diamond of deep greenish-yellow hue. Following the assessment, the color of the stone is defined as the rare Fancy Intense Yellow.Today, it is the largest yellow rough diamond mined at ALROSA’s deposits since the beginning of 2018. The diamond was discovered at Ebelyakh placer deposit in July; it has dimensions of 11.40 x 19.00 x 17.50 mm. This is a chip of the crystal with insignificant colorless inclusions on the surface. “The extracted stone is our new unique discovery. Fancy colors are very…
Global clean energy investment was $67.8 billion in the third quarter of 2018, down 6% from the same period last year, according to the latest authoritative figures from research company Bloomberg NEF (BNEF). The slip in the July-September quarter leaves investment for the year so far running a modest 2% below that in the first nine months of 2017 – leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas. BNEF includes equity raising by specialist electric vehicle companies in its clean energy…
Polished diamond prices softened in September, with trading at the Hong Kong Jewellery & Gem Fair reflecting undcertainty over weak currencies and US-China trade tensions.The RapNet Diamond Index (RAPI™) for 1-carat diamonds slid 0.3% during the month and 1.1% in the third quarter. The index is up 2.2% since January 1, following firm US and Chinese demand in the first half.The diamond market was quiet throughout the third quarter as dealers closed for summer vacations and Jewish holidays. The Hong Kong show didn’t provide its usual boost after the seasonal slowdown, though there was steady demand for 1-carat, D-H, VS-SI…