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

Firestone resumes production at Liqhobong

05 november 2019

firestone_diamonds_logo.pngFirestone Diamonds has implemented an alternative power supply at its Liqhobong diamond mine, in Lesotho, which has facilitated the resumption of production in the absence of grid electricity supply.
Production resumed on 26 October, and the processing plant is currently operating at between 80% and 90% of full capacity as the new power generation system is being optimized, it said in a statement.
The company recently said that it had commissioned rented diesel generators. 
The generators are expected to be used to generate power until grid power is restored from the Muela Hydropower Station, which, according to the Lesotho Electricity Company, is scheduled to take place early next month.
The company said normal operating costs are expected to increase by the cost of renting the gensets and of the associated diesel consumption.
Firestone produced 201, 091 carats in the first quarter of the company's 2020 financial year compared with 208, 572 carats in the fourth quarter of the financial year 2019.

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