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

Weak diamond demand to affect Botswana mineral revenues in 2019 – report

11 march 2019

Botswana, a major diamond producer, has projected its mineral revenues to drop 4% to 13.6-billion pula ($1.26-billion) in the 2019/20 fiscal year as a result of a decline in royalties and dividends, according to a news report.
Reuters quoted mineral resources minister Eric Molale as saying in a ministry budget document presented to parliament last week that global diamond demand was still weak.
"Trading and prices of diamonds are expected to remain subdued during the first quarter of 2019 due to significant overstocking of small polished diamonds," he said.
Molale said retail jewellery sales dropped during the last quarter of 2018.
Polished prices also continued on a downward spiral in 2019, although at a slower rate, he said.
Debswana, a joint venture between De Beers and Botswana, which was the largest contributor to Gaborone’s revenues, produced 24.1-million carats of diamonds in 2018, a 6% jump from the previous year.

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