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...

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

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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...

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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

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23 august 2021

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

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16 august 2021

Illegal miners invade Marange, assets stripped – report

26 february 2016

The recent directive by the Zimbabwean government to have all diamond mining companies in Marange – except the state-wholly owned Marange Resources – to cease their operations, has allegedly triggered illegal mining and stripping of assets.
The Zimbabwe Republic Police and officials from the mines ministry were said to have been left in custody of the concessions, while the miners were given 90 days to remove their equipment.
The Herald newspaper, which is controlled by the state, reports that there had been no proper handover-takeover as the decision to take over the mines was brusquely implemented.
 “The illegal panners are back in full swing and they have started panning,” the daily quoted an unnamed source as saying.
“All the mine security details were removed from the mine. The police and officials from the ministry are inadequate to secure the fields. Gates into the mines have been broken down which complicates the whole thing.
“The problem is the officials who came in also disconnected CCTV (Closed-circuit television). So it’s difficult to trace who is doing what.”
Mining equipment, fuel and household goods were reportedly looted Monday evening and the Diamond Mining Corporation (DMC) had since made a report to the police, The Herald reports.
Mines secretary Francis Gudyanga said there had “all sorts of reports” coming from Marange, but could not confirm what had exactly transpired.
Zimbabwe said the licences of the diamond companies in Marange had expired and they had also resisted efforts to join the new Zimbabwe Consolidated Diamond Company (ZCDC).
Harare wanted to have a 50 percent shareholding in the company and leave the diamond firms scrambling for the remaining shares.

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