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

DiamondCorp halts underground mining at Lace, to miss July target

19 july 2016
DiamondCorp said there is no material financial impact as a result of the temporary suspension of its Lace mine in South Africa following an injury of an employee, but will not be able to mine the target of 30,000 tonnes of ore in July.
The company was now expecting to achieve this rate next month and would aim to make up the July shortfall by the end of September, it said.
The suspension followed an investigation last week by the South African Department of Minerals Resources (DMR) into a fall of ground incident in a development tunnel on the 310m level.
“The incident occurred when explosive misfires were being made safe and resulted in a miner's assistant suffering contusions and four cracked ribs,” said DiamondCorp.
“He was hospitalised for observation and is in a stable condition. The outcome of the investigation was an instruction that all miner's assistants undertake refresher training in the handling and charging up of explosives.”
DiamondCorp said it started the training over the weekend and was set to be completed this Wednesday.
“Once the assistants are re-certified, the company will apply to the DMR to resume underground mining operations which is expected by the end of this week,” it said.
“In the meantime, the plant at Lace will process tailings.”

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