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 draws additional £300,000 from Rasmala financing facility

11 november 2016
DiamondCorp has drawn down an additional £300,000 of its financing facility from Rasmala, which has a 11.6 percent stake in the troubled company.
Rasmala had last month provided £700 000 in short-term funds through a Shariah-compliant secured convertible facility.
DiamondCorp had mulled a Lace disposal, but abandoned the plan this week saying the offers it received significantly undervalued the mine.
Meanwhile, the company said Lace mine production continued in line with expectations, with the balance of the 5,000 carats of its diamond inventory against which the facility was collateralised, expected to be processed Wednesday.
Production in the current month was on schedule to exceed 15,000 tonnes and the grade for the month of November to date was 29 carats per hundred tonnes, it said.

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