The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
De Beers wants to sell its oldest mine
The diamond miner and marketer is looking for a buyer for the Kimberley Mines in South Africa, a site where diamonds have been dug up since the 1870s.
London--The De Beers Group of Companies is looking for a buyer for the Kimberley Mines in South Africa, a site where diamonds have been dug up since the 1870s.
According to De Beers, mining in Kimberley began about 20 years before the company was formed in 1888. De Beers eventually came to be in control of Kimberley and while De Beers has just a tailings-based operation there today, it is technically the company’s oldest operating mine.
A tailings-based operation is one that treats materials from a “mine dump” or tailings residue site, basically sifting through previously processed material to recover any diamonds missed in the first round of treatment.
De Beers said it hasn’t been mining underground at Kimberley since the early 2000s, when it sold the site’s three historic underground mines--Dutoitspan, Wesselton and Bultfontein--to Petra Diamonds, which still owns and operates them today.
While Kimberley Mines is De Beers’s second-largest producer in South Africa, with carat output totaling 722,000 in 2014, it is a “mature operation” that produces the lowest value diamonds of any De Beers mine, the company said. Its output is “marginal” when looked at in context with the company’s other mines.
Parties interested in purchasing Kimberley Mines have until May 29 to state their interest in writing. They then will receive an application that has to be submitted by mid-June. After that, there is a “very detailed” process whereby applicants are evaluated. Their names are kept confidential during this process.
De Beers said it has had an “encouraging number” of interested parties so far.
The Latest
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.
Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
The brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
Tim Schlick has been promoted from his previous position as COO.
It’s the second year for the event, slated to take place in October in Toronto.