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’s 20.72 ct diamond achieves highest value for Kareevlei

30 october 2019

blue_rock_logo.pngBlueRock Diamonds has sold a 20.72 carat diamond recovered at its Kareevlei mine, in South Africa for $236,000 or $11,389 per carat.
This, it said, is the highest value achieved for the mine to date for a single stone.
The previous record sale was the 24.8 carat stone sold in June this year for $190,000 or $7,862 per carat. 
"I am pleased with the recovery and sale of yet another high value diamond which continues to underpin the increasing potential of the Kareevlei mine,” said company chief executive Mike Houston.
Kareevlei ranks in the top 10 in the world in terms of average value per carat. 
he Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes. 
As at November 2018, it was estimated that the remaining inferred mineral resource from the four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a potential inground number of carats of 367,000.

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