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

Swissbourgh Diamond files R30bn claim against SA government

20 may 2019

Swissbourgh Diamond Mining has filed a R29.9-billion ($2.1-billion) claim against the South African president Cyril Ramaphosa and his government over expropriated diamond mining rights in Lesotho.
News24 reports that the dispute was over the Lesotho Highlands Water Project (LHWP), a joint venture between the governments of South Africa and Lesotho.
Swissbourgh was said to have obtained mining leases in 1988 from the then military council, which had been in power in Lesotho since 1986.
However, the Lesotho government back-tracked and handed the leases to the state-owned Lesotho Highlands Development Agency, despite Swissbourgh and its managing director Josias van Zyl leading a court process in Lesotho that interdicted any interference with mining operations.
Van Zyl argued that South Africa was liable to pay him damages for, among other reasons, its "unconstitutional" and "unlawful" support in disbanding the Southern African Development Community (SADC) Tribunal at a SADC summit in 2014.
"The unconstitutional conduct of South Africa in concert with the other SADC countries deprived the Plaintiffs [Van Zyl and Burmilla] of their opportunity of vindicating their claims against Lesotho in the only forum with jurisdiction to hear those claims and thus amounted to a denial of justice to the Plaintiffs in respect of those claims," he said in court papers.
"Lesotho acted in concert with South Africa, alternatively with the knowledge and support of South Africa in perpetrating the underlying violation of the rights of the plaintiffs."

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