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30.03.2015
White Rivers Exploration seeks JV partner to develop SA alluvial diamond asset
jochen_schweitzer_x.jpgWhite Rivers Exploration (WRE) was founded by well-known Australian explorer Mark Creasy in 2007. The company has multi-commodity tenements situated in South Africa’s Witwatersrand gold basin and Natal Coalfields, and is one of the largest gold explorers in the southern African country. Although WRE’s main target is gold, the company was exploring for a suite of 17 commodities with focus on diamonds, manganese, coal, gas and uranium.Rough & Polished’s Mathew Nyaungwa spoke to Jochen Schweitzer (Director of Shango Solutions, geological consultants to WRE) on the sidelines of the 2015 Mining Indaba, which took place in Cape Town, who provided an overview on WRE’s potential diamond deposit. Below are the excerpts.

23.03.2015
We are seeing a slow and steady rise in demand for diamond jewellery - Joy Alukkas
joy_alukkas_x.jpgJoy Alukkas, Chairman and MD of Joyalukkas Group set up his first shop in Abu Dhabi in 1987, which grew into a jewellery retail chain and continued expansion to countries like India, UK, Singapore, Malaysia, Qatar, Oman, Bahrain, Kuwait and Saudi Arabia. Today, the Joyalukkas Group is involved in various businesses other than jewellery, which includes Money Exchange Centres, Luxury Aviation, Malls, Fashion & Silks and Realty. And, in a span of just two decades, the Group has grown into a multi-billion global conglomerate. In an interview with Rough & Polished, Joy Alukkas speaks about his dreams and plans for the future of Joyalukkas Group.

16.03.2015
There are immense potentialities in India for diamond mining - T. M. Babu
tirumala_babu_x.jpgDr. T. M. Babu is an exploration geologist with 40 years of worldwide experience investigating diamonds, gold, tin, platinum, copper, and other rare metals in many parts of the world. He was associated with the Government of India in the Planning Commission and the Geological Survey of India, United Nations Development Programme (USA), BRGM (France), Wardrop Engineering Inc. (Canada), Kyrgyzstan, Coronation International (UK) and several international organizations. He has authored many books related to metals and mining and continues to do so till date... Here, Dr. Babu shares his thoughts with Rough&Polished on his work in geology.





Investigation of diamond fraud in Belgium

06.08.2013

Antwerp authorities recently announced a breakthrough in the investigation of a tiger kidnapping that took place on October 11, 2012 in Antwerp. At that time, three men entered the home of an employee of the Indian diamond company KIRAN BVBA. While the man's wife was kept hostage, he was forced to return to work and empty the vaults of the KIRAN offices in the Hoveniersstraat in the Antwerp diamond district. The total value of the stolen diamonds was estimated at $13 million.
Police investigations now indicate the tiger kidnapping could be staged by the alleged victim, the employee of KIRAN. The authorities believe the man was aided by a middle-man of Indian origin, who in turn hired an Armenian accomplice to execute the tiger kidnapping. The Armenian accomplice collaborated with two Chechen men.
Between July 22 and 29,  five people were arrested in connection with their alleged involvement in the case, the prime suspect - an employee at KIRAN, a man of Indian origin and three plan executors, an Armenian and two Chechens.
Four of them are in custody and are said to have confessed to involvement in the case.
The alleged middle-man of Indian origin was arrested at the Dutch airport Schiphol on July 30. Procedures to extradite the man to Belgium are currently ongoing.
Most of the stolen goods, estimated at a value of $8.7 million, were recovered during a recent raid in Antwerp.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished

Rough&Polished

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