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

Tango sells 19.87 carat diamond for $4,358/ct

24 july 2019

tango_mining_logo.pngTango Mining has sold a 19.87 carat diamond recovered at its Oena mine, in South Africa for $4,358 per carat.
It also sold a 49.6 carat diamond for $2,561 per carat and a 24.97 carat diamond for $1,101 per carat.
The diamonds were part of the 531.82 carats recovered at the mine between 9 May and 7 July.
These stones were sold at an average price of $1,382 per carat.
“Tango is extremely pleased with the performance of the mining contractors on site who have continually increased and improved diamond production at Oena over the past year,” it said.
Meanwhile, Tango said its contract miner, Bluedust, produced 206 diamonds totalling 407.76 carats between 9 May and 6 July, which were placed on tender or sold to the State Diamond Trader, in South Africa.
The average price received was $1,264 per carat.
This included an 18.2 carat diamond that was sold for $2,850 per carat and a 19.87 carat stone sold at $4,358 per carat, it said.

news_24072019_oena.png
Image credit: Tango Mining

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