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

BlueRock rakes in $153k from two ‘high’ quality stones

25 february 2019

bluerockdiamonds_logo.pngBlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, has sold two diamonds that were recovered earlier this month for $153,460.
It said the 8.97 diamond achieved a price of $8,306 per carat valuing it at $74,513 while the 16.28 carat diamond was sold for $4,849 per carat, which translated to $78,947. 
Company chief executive Adam Waugh said the selling of the stones further strengthened their confidence in the potential of the mine and the quality of diamonds it produces.
BlueRock previously sold a 7.76 carat stone recovered in 2017 for $10,070 per carat and a 10.58 carat stone recovered in 2018 for $7,047 per carat.
The Kareevlei mine ranks in the top 10 in the world in terms of average value per carat. 
The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes. 
It was estimated last November that the remaining inferred mineral resource from four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a potential in ground number of 367,000 carats.

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