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

Oksana Senatorova: The trend is a decrease in regional jewelry retailers and an increase in large federal store chains

Oksana Senatorova has long been known in the Russian jewelry community as an expert in the jewelry market. During her visit to the Junwex New Russian Style exhibition held in May in St. Petersburg, Oksana Senatorova answered the Rough&Polished correspondent’s...

28 may 2024

De Beers collaborates with sightholders on carbon neutrality

In 2021 De Beers, which has operations in southern Africa and Canada, set an ambitious target of becoming carbon neutral by 2030. The diamond miner had been working with its rough diamond customers known as sightholders to understand their environmental...

20 may 2024

Dr M'zée Fula Ngenge: KP has an opportunity to deliver an updated definition of conflict diamonds

Dr M'zée Fula Ngenge told Rough&Polished’s Mathew Nyaungwa that the KP has the perfect set of circumstances to restore the certification scheme's credibility by backing, ushering in and implementing an effective traceability solution for the...

13 may 2024

Sampling shows abundant gold at Botswana’s Tati project

08 february 2024

Power Metal Resources, which recently conducted geochemical soil sampling, has verified the occurrence of three substantial gold-in-soil geochemical anomalies at the Tati gold property in Botswana.

The results confirm the ongoing consistency of the 8-kilometre gold trend at Tati.

The anomalies consist of the Northwest (NW), the Southwest (SW), and the Cherished Hope (CH) abnormalities.

The exploratory results encompass a comprehensive soil sample campaign conducted at Tati in 2023, which is a crucial stage in the exploration process for identifying regions with promising gold mineralization and uncovering new gold deposits.

A total of 446 soil samples were collected from four distinct grid areas.

The primary objective of the programme was to assess the presence of other gold-mineralised areas along the 8-kilometre gold-mineralised trend that stretches from northwest to southeast through Tati.

Out of the 446 samples collected, three showed gold levels exceeding 500 parts per billion (ppb). These samples had individual gold assay findings of 568 ppb, 831 ppb, and 1,076 ppb, which is equivalent to 1.08 grammes per tonne (g/t) of gold.

Twenty-nine samples have yielded gold concentrations of 100 ppb or above, with the majority of these samples being part of the CH anomaly.

“This gold soil sampling programme has delivered quite remarkable results in terms of a confirmation of the significant area mineralised and also the consistency of positive results across the areas tested,” said Power Metal Resources chief executive Sean Wade.

“Each stage of work at Tati has delivered extremely positive findings, and we are more confident than ever that the project holds very significant value for the company.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished