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

Diamcor recovers two special diamonds from SA project

23 march 2016
Diamcor Mining has recovered two “special” rough diamonds – 11.64 and 12.73 carats – from the Krone-Endora at Venetia Project in South Africa.
The company said the recovery of the two gem-quality rough diamonds occurred during initial testing of the Tomra XRT system and were expected to be sold in upcoming tenders next fiscal quarter.
Diamcor recently recovered a 7.50 and 12.78 carat rough diamonds using the same system.
Meanwhile, the company said that it had completed the initial integration of the Tomra XRT system into the in-field screening operations at Krone-Endora.
It said the integration of this equipment was aimed at allowing the company to test the effects of further concentrating and reducing the size fractions of material being processed at the project’s main-treatment plant.
It was also meant to reduce overall water consumption associated with processing of all material and reduce the operational costs of heavy equipment through a reduction of double handling of material realised during the initial testing of this equipment as a separate stand-alone item.       
Diamcor also said that it had granted incentive stock options to purchase 2,8 million common shares to certain officers, directors, and employees, pursuant to the company’s 20 percent fixed stock option plan.
All options were exercisable at a price of $1.00 per share, for a period of five years.

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