>SAFDICO Pays $10.4M for 493 Carat Letseng
Legacy Diamond
The Letseng Legacy, a 493.27 carat diamond mined at the Letseng diamond mine in Lesotho, was sold to SAFDICO for $10.4 million. The DTC Sightholder is the manufacturing arm of Graff Jewellers. The winning bid reflects a price of $21,083.79 per carat. |
| (November 15, 2007) |
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| > New Zim Bill Allows for 51% Takeover of Diamond Mines He declared it, called for it, even threatened to do it, and now, he is creating the legal framework for carrying it out: Zimbabwe’s President Mugabe is passing a law that will allow the country to grab a 51 percent stake in mines operating in the country. Not just that, the law allows the state to not pay for 25 percent. |
| (November 21, 2007) |
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to Full Article > |
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> AGTA Launches Tanzanite Grading Reports
Tanzanite grading reports are now offered by the American Gem Trade Association (AGTA) Gemological Testing Center (GTC) in cooperation with the Tanzanite Foundation. |
| (November 13, 2007) |
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to Full Article > |
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> Cullinan Mine to be Sold to Petra Consortium
De Beers Consolidated Mines (DBCM) will sell the Cullinan diamond mine as a going concern to the Petra Diamond Cullinan Consortium (PDCC) for R1 billion ($148 million). |
| (November 22, 2007) |
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> 16 Sightholders to be Supplied by DTC Botswana
All 16 diamond manufacturing license holders in Botswana have met the criteria for diamond supply and will become DTC Botswana Sightholders for the three year contract period, the company announced Wednesday. |
| (November 14, 2007) |
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> Israel and Liberia Sign Diamond MOU
The Israeli diamond industry and the government of Liberia signed a Memorandum of Understanding (MOU) Monday in a ceremony presided over by the President of Liberia, Ellen Johnson Sirleaf. |
| (November 20, 2007) |
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to Full Article > |
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| > DBCM Finsch Mine Achieves 6 Million Fatality-Free Shifts > A new safety record of six million fatality-free shifts was achieved at De Beers’ Northern Cape Province underground Finsch Mine on Friday. No other mine in South Africa has achieved this record. |
(November 20, 2007) |
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to Full Article > |
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> Sanghavi Exports Participates in IBSA Summit
The diamond industry's voice was among those heard at the recent India-Brazil-South Africa (IBSA) trilateral council summit, held in the South African cities of Johannesburg and Pretoria. |
| (November 19, 2007) |
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> News from The SA Chamber of Business: Jewellery ATA Carnets are now accepted in Pakistan (01/10/2007) for two main categories of goods: goods for display or use at exhibitions, fairs, meetings or similar events".
Glennalee, SACCI,Tel: 011 4463836
> Arthur Thomas' book on gemstones will soon be available in the shops. News to follow.
> Help the Jewellery Council help you fight crime
The Jewellery Council is now playing an active role
in the circulation of crime information to assist jewellers.
Email all such information to admin@jewellery.org.za or fax: (011) 334-1933. Lorna & Ivona. |
Fax:(086) 508-5705
