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

Diamond industry financing problems gave rise to transparency – De Beers CEO

17 november 2016
De Beers said the outcome of the diamond industry financing problems has been greater financial transparency and robustness that is improving the competitiveness of the sector.
Group chief executive Bruce Cleaver told a diamond conference in Botswana last week that the challenges had also presented opportunities for miners to improve the way they work.
He said Botswana had a direct stake in making sure that they engender success for all the businesses, organisations and individuals involved in the diamond pipeline.
Cleaver also said the entire diamond industry was built on partnership and collaboration, at every stage of the pipeline and in a variety of ways.
“First, we sell a product that is the ultimate symbol of enduring partnership. Second, we are increasingly marketing that product through collaborative programmes and campaigns that allow the whole to be more than the sum of the parts,” he said.
“Third, the diamonds that we market are cut and polished by some of De Beers’ key commercial partners – Sightholders – who together are responsible for the great majority of the world’s trade in rough and polished diamonds.
“And of course those same diamonds are brought out of the Earth by a range of mining operations, all of which require a high degree of partnership or collaboration.”
Cleaver said there was need for players in the Botswana diamond industry to combine their efforts to arrive at mutually beneficial solutions for all parts of the value chain.
“None of us will ever maximise our potential by acting alone and I therefore urge you all to speak openly and to air your views frequently over the next couple of days,” he said.
“Because progress in the diamond industry is too important – not only for the businesses involved, but also for the huge numbers of people around the globe whose livelihoods depend on diamonds – for us to shy away from tackling the issues head on and with a united front.”

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