11th International Kimberlite Conference

The International Kimberlite Conference is the most important scientific and technical event on the kimberlite and diamond geology and exploration. This edition will be held in Gaborone, Botswana  in 2017, marking the 50th anniversary of the discovery of the first economic kimberlite in Botswana, now the Orapa Mine.

To highlight the transformation of Botswana into the largest diamond producer by value worldwide and Gaborone becoming the world’s premier diamond centre, the anniversary will be celebrated at 11 IKC (11th International Kimberlite Conference) under the banner of “50 Years of Diamonds in Botswana”.

To obtain more information just check the Conference’s website: www.11ikc.com.

 

 

 

 

Processo Kimberley em Portugal – publicação no Jornal Oficial da UE

As of today (11 de Agosto 2015) Portugal has a Union authority for the implementation of the KPCS. Please follow this link for the publication of the amendment of Regulation 2368/2002 in the Official Journal: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2015.212.01.0003.01.ENG

A implementação do Processo Kimberley em Portugal acabou de ser concluída, permitindo a partir de agora a importação e exportação directas de diamantes em bruto. Estão agora criadas as condições legais para o desenvolvimento da lapidação e comercialização de diamantes em bruto, actividades nas quais Portugal e os portugueses têm tradição assinalável.

Parabéns a todas as pessoas e instituições envolvidas pelo excelente trabalho realizado.

É agora tempo dos agentes económicos desenvolverem os seus projectos.

GEM DIAMONDS HALF YEAR RESULTS

Gem Diamonds Limited (LSE: GEMD) (“Gem Diamonds”, the “Company” or the “Group”) today announces its half year results for the six months ending 30 June 2015 (“H1 2015” or “the Period”). To view the announcement in full, please click on the following link.

HIGHLIGHTS FROM THE OPERATIONAL RESULTS:
Letšeng: Strong operational performance with projects delivered on time and budget; robust prices achieved in a difficult market

  • Carats recovered of 50 019 (54 678 in H1 2014)
  • Average value of US$ 2 264* per carat achieved (US$2 747* in H1 2014) – *includes carats extracted for polishing at rough valuation.
  • Ore treated of 3.1 million tonnes (3.2 million in H1 2014)
  • Waste tonnes mined of 11.4 million tonnes (10.0 million tonnes in H1 2014)
  • Zero lost time injuries

Ghaghoo: Recovered grade trending upward; recovery of some larger diamonds

  • Carats recovered of 35 283
  • Ore treated of 132 125 tonnes
  • Average grade achieved between 28 and 30 cpht for May and June
  • Sale of 10 096 carats in January 2015, achieved US$210 per carat
  • Zero lost time injuries

Commenting on the results today, Clifford Elphick, Chief Executive of Gem Diamonds, said:

“Letšeng continues to consistently produce the large, exceptional quality diamonds. Prices for these goods have remained firm, despite the current challenging conditions in the diamond market.

The Company continues to demonstrate capital discipline and, at Letšeng, we have successfully completed the low capex incremental growth projects on time and on budget. The previously announced optimised Life of Mine plan for Letšeng has significantly increased the NPV of the mine by allowing optimal access to the high value Satellite pipe material and smoothing out the waste mining profile. Letšeng remains on track to meet its targets for the year.

At Ghaghoo, the mine development and ramp up to full planned production rates continues to progress, despite challenges in localised ground conditions. The first parcel of Ghaghoo commissioning diamonds was sold in February 2015 for US$ 2.1 million, achieving US$ 210 per carat. In July, a second parcel was sold for US$ 4.9 million (US$ 165 per carat), a lower price given the current market conditions. Encouragingly, as production begins to ramp up, a number of larger white diamonds and small coloured diamonds were recovered during the Period.

In June, the Company paid its maiden dividend of 5 US cents per share (US$ 6.9 million)”.

Sri Lanka, Ceilão, Taprobana: a close to perfect (first) trip

Sri Lanka 20150808 124452As armas e os barões assinalados,
Que da ocidental praia Lusitana,
Por mares nunca de antes navegados,
Passaram ainda além da Taprobana,
Em perigos e guerras esforçados,
Mais do que prometia a força humana,
E entre gente remota edificaram
Novo Reino, que tanto sublimaram;

Os Lusíadas, I Canto

Os Lusíadas, Luís de Camões Portuguese epic poem starts with a reference to Portugal (the ocidental praia Lusitana) and Sri Lanka (Taprobana, the last piece of the known world, after which the unknown laid).

I had to go. Two years after the trip was offered to me by my older daughter (on my 50th anniversary), pushed by family and drawn by History, we finally went early this month.

It was a a close to perfect (first) trip. We loved the people, the warm, humid breeze, the History and culture and the connections between Sri Lanka and Portugal. We have been at Negombo (at the Amagi lagoon), visited the Millennium Elephant Foundation in Kegalle, stayed at Bentota (just on the beach) – in the southwestern coast, wandered in Galle fort (first erected by Portuguese in early XVI century), ventured to Ratnapura’s sapphire mines, returned to Galle on the way back from the Handunugoda tea plantation in Tittagalla (a must go), visited Colombo busy streets.

We have seen (and rode) elephants, (and touched) precious stones, (and bough) handicraft, (and marvelled on) thousands of kites high in the sky, monkeys, (and walked on) the beaches, (and entered deep) sapphire mines, tasted spicy food and the many teas of the Handunugoda Tea Factory (the Sapphire Oolong our favourite), traveled in well kept roads overcrowded with (shall I say daring?) bus and tuk-tuk drivers.

Above all, we met the always friendly Cingalese people; we had the company of Angelo Roy (angelo@destinations.lk) – www.destinations.lk, our guide and fellow traveler.

We will return.