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

Botswana Diamonds H1 loss widens

26 march 2020

Botswana Diamonds’ loss for the six months to the end of December 2019 widened to GBP194,000 from GBP190,000, a year earlier.
The diamond explorer did not record any revenue for both financial periods.
No dividend was declared for the period.
Botswana Diamonds said it raised GBP250,000 post period end to fund exploration and for general working capital purposes. 

     Image credit: Botswana Diamonds

The total value of assets was GBP8.3 million with GBP13,000 of the amount being cash and cash equivalents held.
Meanwhile, Botswana Diamonds said its wholly-owned Sunland Minerals has undertaken heavy mineral sampling and detailed geophysics in five of its licences in the Kalahari, in Botswana.
An analysis of the results identified eight high grade targets and an environmental assessment work is being undertaken on three of these targets. 
This, it said, is a requirement to obtain drilling permits. 
Botswana Diamonds also said that the current global uncertainty as a result of the outbreak and spread of Covid-19 makes planning very difficult.
“No one knows how long the pandemic will last, the real impact on global diamond markets and the financial system generally,” said the diamond explorer.
“A National Disaster in respect of Covid-19 has been declared in South Africa and this will impact the scheduling of our activities in South Africa and particularly the Marsfontein project in the coming weeks.”

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