DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

GemsCouture- avant-garde by Victor Moiseikin

Jewelry items and precious souvenirs of the MOISEIKIN jewelry brand are in the museums and private collections of world celebrities, representatives of the political and cultural elite - from Xi Jinping to the British Windsors, from Angela Merkel to...

05 june 2024

Diamcor no longer reliant on Eskom power

14 july 2023

Diamcor Mining has completed the modification of its existing generator systems at its Krone-Endora at Venetia diamond mine project in South Africa.

This, according to the diamond company, is intended to address the detrimental effects on processing rates and diamond recoveries that have been observed recently as a result of an increase in power outages in South Africa, as well as associated revenues.

Diamcor said it is now possible to process materials as needed without relying on the Eskom-supplied power grid.

“The increased frequency and uncertainty of power supply at the project was significantly limiting our ability to process material and generate diamond recoveries and associated revenues in recent months and required a solution to eliminate these issues moving forward,” said company chief executive Dean Taylor.

“Overcoming these issues is a significant milestone which allows us to now aggressively resume advancing our ongoing trial mining efforts, processing volumes, and the bulk-sampling efforts on the greater areas of the project."

He said the existing generator systems were initially installed to address short-term power outages.

However, the increased frequency of daily power outages experienced over the past few quarters forced the company to reconfigure its power systems.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished