Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Firestone nears completion of Liqhobong project construction work

27 january 2016
Firestone Diamonds said construction at its 75 percent-owned Liqhobong mine, in Lesotho, was 61 percent complete as at December 31.
The company told investors in an update that the project expenditure was on track and within the revised capital budget of R2.1 billion, which remains within the initial project financing budget of $185.4 million.
It said construction and structural phases of the project were now active with the contractors established at site.
"I am pleased to report that good progress was made at Liqhobong during the last quarter and that we have made an excellent start to 2016,” said company chief executive Stuart Brown.
“The project is therefore firmly on track and I and the team look forward with excitement to 2016 and to achieving initial production the fourth quarter."
Firestone also said that it had benefited from the deprecation of the South African Rand, which depreciated by about 58 percent against the US Dollar since the project commenced in June 2014.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished