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Saskatchewan diamond mine gains provincial approval

The company recently announced the positive results of the independent preliminary economic assessment on the project, which estimates that 66-million carats of diamonds could be recovered in a surface mine over a 38-year project life.

By |November 23rd, 2018|News|Comments Off on Saskatchewan diamond mine gains provincial approval

Namibia scraps mining empowerment rules in order to simulate new investment

“Our objective is to grow the mining sector where it can continue to meaningfully contribute to our socio-economic development,” mines minister Tom Alweendo told AFP. “This can only happen when more minerals are discovered and it is important that we make the progress of mineral discovery as effective as possible,” he said.

By |November 23rd, 2018|News|Comments Off on Namibia scraps mining empowerment rules in order to simulate new investment

Alrosa joins De Beers’ blockchain traceability pilot

Alrosa has joined the Tracr diamond industry blockchain traceability platform that fellow miner De Beers is developing.

By |November 23rd, 2018|News|Comments Off on Alrosa joins De Beers’ blockchain traceability pilot

Yoram Dvash to head new WFDB strategic initiatives committee

Yoram Dvash, President of the Israel Diamond Exchange (IDE), has been appointed to head a new committee of the World Federation of Diamond Bourses (WFDB) to undertake strategic initiatives to advance the global industry.

By |November 23rd, 2018|News|Comments Off on Yoram Dvash to head new WFDB strategic initiatives committee