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

Angola to set up cutting, polishing hub in Lunda Sul

08 february 2019

Angola is setting a hub for companies interested in investing in cutting and polishing of diamonds, a government official has said.
Minister of Mineral Resources Diamantino Azevedo told a gathering of investors on the sidelines of a mining conference in Cape Town that SODIAM, the state-owned company responsible for the trading of diamonds in Angola, would set up the hub in Lunda Sul Province.
“Companies [interested] will then come and set up their facilities there,” he said.
The province was rich with diamonds and was home to Catoca mine, the fourth largest diamond mine in the world.
Angola had a single polishing factory and the envisaged hub would initially cut about 4,000 carats per month, according to reports.
The country introduced a new diamond trading policy, which among other things, mandated diamond producers to supply 20% of their rough output to local companies for cutting and polishing. 
Angola produced 9.4 million carats last year, but sold 8.47 million carats for $1.25 billion.

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished