Diamond industry news

Diamond industry

De Beers uses Zeppelin and discovers diamond weather

De Beers pulls back on criticism of SAfrica mine law

This Zeppelin NT airship can provide geophysical survey data to help diamond prospecting companies. Stefan Kuna captured this spectacular Zeppelin lightning diamond weather strike near Jwaneng, Botswana

MELBOURNE: Diamond producers' shares have trailed mining companies since early 2006 as an abundance of gemstones weighed on prices. Now the outlook is brighter, says Evy Hambro, who runs the world's No. 1 metals fund.

Tahera - type of RC drill bits affecting test grade?

Two jewelry wholesaler/retailers are using a passive RFID Diamonds HF system enabling them to read hundreds of tags attached to stacked envelopes in seconds and Track the Diamonds They Buy, Cut and Sell.

Diamond industry tarnished by criminals

By Cape Times writer and Sapa March 13 2007

Diamonds, precious metals and jewellery remain a lucrative route for criminals and terrorists to raise and launder money, De Beers chairperson Nicky Oppenheimer said on Monday.

Speaking at the World Jewellery Confederation (CIBJO) conference at the International Convention Centre in Cape Town, he said it was crucial to legitimise the industry's work and act against those who break the law.

The four-day congress, held in Africa for the first time, was opened by Deputy President Phumzile Mlambo-Ngcuka. Founded in 1926, CIBJO is the oldest representative organisation in the international jewellery business, representing 40 countries.

The annual conference of the CIBJO, an international confederation of national jewellery trade organisations, ends on Thursday.

It will focus on the role of the international jewellery sector in promoting sustainable economic and social development in countries that produce, process and manufacture minerals, gemstones and finished jewellery.

Sustainable development on jewellery agenda 14th March 2007

found at platinum.matthey.com

The World Jewellery Confederation (CIBJO) Congress in South Africa this week featured an update on plans for sustaining development of the local jewellery industry.

The South African government is hoping to use the jewellery industry to help develop projects to help lift communities out of poverty through utilising the raw materials mined in the country.

Platinum is mined heavily in South Africa and in recent times beneficiation projects have been established in an attempt to keep some of the money made from mining in the country.

Platinum jewellery is becoming increasingly popular around the world and the South African government is looking to produce more of the final product in the country, rather than simply being able to provide the raw materials.

"This year the Department [of Minerals and Energy] will finalise the baseline beneficiation levels and these levels will be gazetted to allow mining companies to gain from this incentive," commented the Minister for Minerals and Energy, Buyelwa Sonjica.

Explaining the effort that the government is now putting into developing a sustainable future for the country's precious metals sector, she added that such initiatives are complemented by "dedicated initiatives such as the Platinum Group Metals Beneficiation Committee, which is a concerted effort by industry players and government to investigate opportunities in the downstream and sidestream beneficiation in the country."

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related: World Jewellery Confederation “THE RETAILERS GUIDE TO DIAMOND JEWELLERY” LAUNCHED